From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.SBI Q2 profit rises 14.3% to ₹23,038 crore; eyes NIM above 3%
What's behind this
State Bank of India, the country's largest public sector lender, reported a 14.28 per cent year‑on‑year increase in net profit for the second quarter of FY 2026‑27, with profit rising to Rs 23,037 crore and net interest income climbing to Rs 49,143 crore, according to an exchange filing on Tuesday. Earlier related coverage noted a comparable profit jump of about 14 per cent to roughly Rs 23,038 crore.
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What each side is saying
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left · 1 outlet
“In case there is any further repo action, EBLR portfolio further gets repriced quickly. This will add maybe 4-5 basis points to NIM,” Mr. Setty said.
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center · 1 outlet
The National Stock Exchange (NSE) reported a 23 per cent year-on-year increase in consolidated net profit to Rs 2,578 crore in the second quarter of FY27, supported by higher transaction revenue and a sharp decline in expenditure compared with the year-ago period.
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right · 1 outlet
Treasury losses hit other income; maintains 14-15% loan growth guidance for FY27
RSS excerpt
“In case there is any further repo action, EBLR portfolio further gets repriced quickly. This will add maybe 4-5 basis points to NIM,” Mr. Setty said.
