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SBI profit up 12.5% at ₹19k cr on other income
The New Indian Express Jeypore
|August 09, 2025
THE State Bank of India on Friday reported a 12.5% year-on-year rise in net profit to ₹19,160 crore in the June quarter, primarily driven by the gains from treasury operations and better asset quality.
However, the country's largest lender's margin has been hit by the crimped yields on advances in a falling interest rate regime. The total income of the bank rose 10.31% to ₹1.35 lakh crore in the reporting period, while the key net interest income stood nearly flat at ₹41,072 crore, down 13 bps YoY as the key profitability gauge net interest margin (overall) slipped 32 bps to 2.90% while the domestic margin fell 33 bps to 3.02%.
This has impacted the net interest margin and the yields on advances but a 55.40% surge in other income to ₹17,346 crore has come cushioning this.
This story is from the August 09, 2025 edition of The New Indian Express Jeypore.
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