SBI Q1 net profit surges 10.2% to ₹21,121 crore; NII up 15%

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Banking

7 August 2026 at 7:57 pm

SBI Q1 net profit surges 10.2% to ₹21,121 crore; NII up 15%

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Summary

SBI reported a 10.2% year-on-year increase in Q1 net profit to ₹21,121 crore, with Net Interest Income (NII) up 15%. The bank also improved its asset quality, reducing both Gross Non-Performing Assets (GNPA) and Net Non-Performing Assets (NPA) ratios.

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