SBI Targets 10% Corporate Loan Growth

  Published 11 months ago

SBI posted 12% profit growth in Q1 FY26, driven by treasury gains, while aiming for double-digit corporate loan expansion.

  • Corporate loans grew 5.7% YoY in the June quarter, with pipeline suggesting 10% growth despite U.S. tariff uncertainties.
  • Net profit hit Rs 191.60 billion, beating estimates, aided by treasury profits and controlled expenses despite margin compression.
  • Gross NPA ratio stood at 1.83%, slightly higher than last quarter but improved from 2.21% a year earlier.

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