SBI second-quarter profit climbs 14% to Rs 23,038 crore
India's largest lender, SBI, reported a 14.3% rise in quarterly net profit and a 14.7% jump in net interest income, both year on year.
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what happened
Per TradingView, State Bank of India, the country's biggest lender, booked Rs 23,038 crore of profit in the second quarter of fiscal 2027, up 14.3% from Rs 20,160 crore a year earlier.
Net interest income, meaning the gap between interest earned and interest paid, grew 14.7% annually to Rs 49,142 crore from Rs 42,847 crore.
Asset quality also held steady in the period, with the gross NPA ratio at 1.39% and the net NPA ratio at 0.36%.
why it matters
Strong growth in both profit and lending income, combined with low bad-loan ratios, draws attention to Indian banks and SBI shares as a read on the sector's earnings momentum.
market impact
SBI and Indian banks: stronger profit and interest income support sentiment in the sector
- SBI shares pressure up — higher profit and net interest income support earnings expectations for the bank
tags
instruments
sources
- SBI Q2 results: Net profit rises 14% on-year to Rs 23,038 crore, NII climbs to Rs 49,142 crore — TradingView, 3 November 2026 at 08:27 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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