SBI's quarterly profit hits record ₹21,028cr, crosses ₹103tn

Business Feb 07, 2026

SBI just pulled off its highest-ever quarterly profit—₹21,028 crore for Q3 FY26—a 24.5% jump from last year.
The bank's total business crossed ₹103 lakh crore, thanks to strong earnings and healthier loans.

Loans and deposits up by 9% each

SBI's core business is booming: net interest income went up 9%, and loans (especially to retail, SMEs, and farmers) grew by 15%.
Deposits also climbed by 9%, showing more people are trusting SBI with their money.

Going digital

SBI kept bad loans low (gross NPA down to 1.57%) and stayed financially solid with a capital adequacy ratio of 14.04%.
Plus, over two-thirds of new savings accounts were opened through the Yono app this quarter—proof that India's biggest bank is going digital in a big way.