Prøve GULL - Gratis
SBI Net Beats Street, Up 12.5%
Financial Express Lucknow
|August 09, 2025
WITH ₹6,326 crore in treasury gains and ₹1,632 crore from forex income, the bank's non-interest income surged 55% year-on-year (y-o-y), boosting its profitability.
-
The total non-interest income for the first quarter stood at ₹17,346 crore, against ₹11,162 crore in the year-ago period.
The net interest income (NII), a key revenue metric, remained flat in the first quarter of FY26 at ₹41,072 crore, compared with ₹41,125 crore in the same period last year. NII declined by 4% from the previous quarter. The quarter's domestic net interest margin (NIM) fell to 3.02%, down 33 basis points from 3.35% in Q1FY25 and down 13 basis points from 3.15% in Q4FY25.
"The NIM trajectory will be U-shaped. We have seen moderation in Q1 and expect some pressure in Q2 as deposit costs have peaked. But with benefits from the cash reserve ratio (CRR) cut and deposit repricing, margins should recover by Q4. We remain committed to our annual guidance of above 3%," said Setty.
Denne historien er fra August 09, 2025-utgaven av Financial Express Lucknow.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Lucknow
Financial Express Lucknow
TN stampede: CBI quizzes TVK chief Vijay for 6 hours
ACTOR-POLITICIAN TO BE CALLED AGAIN BY PROBE AGENCY
1 mins
January 13, 2026
Financial Express Lucknow
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Lucknow
UK investigates X over Grok deepfake concerns
UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.
1 min
January 13, 2026
Financial Express Lucknow
Germany pledges €1.24-bn boost for green partnership
INDIA AND GERMANY on Monday signed and exchanged 27 memoranda of understanding (MoUs) and joint declarations of intent, and made eight key announcements here.
1 min
January 13, 2026
Financial Express Lucknow
Balance sheets don't fully reflect bank risks: Deputy guv
BANKING SUPERVISION CAN no longer rely only on balance sheets and compliance checklists as digitisation reshapes risks, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has said, calling for a sharper focus on operational resilience, third-party dependencies and customer protection.
1 min
January 13, 2026
Financial Express Lucknow
Apple tops 2025 smartphone mkt
GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.
1 min
January 13, 2026
Financial Express Lucknow
Retail inflation rises to 1.33% in December
INFLATION, MEASURED BY the consumer price index (CPI), rose to 1.33% in December from a series low of 0.25% in October and 0.71% in November, largely on account of narrowing of food deflation and waning of a favourable base.
1 min
January 13, 2026
Financial Express Lucknow
Anup Saha joins Kotak Bank as whole time director
KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.
1 min
January 13, 2026
Financial Express Lucknow
BSE, IFCI stocks surge on NSE IPO expectations
STOCK PRICES OF the BSE and IFCI surged on Monday on hopes of the listing of the National Stock Exchange (NSE), which is the highest-valued company in the India unlisted space.
1 mins
January 13, 2026
Financial Express Lucknow
Battery plant plans back on track: RIL
RELIANCE INDUSTRIES ON Monday said its plans for battery storage manufacturing remain unchanged and are progressing in line with target timelines.
1 min
January 13, 2026
Listen
Translate
Change font size