New Delhi, May 8 -- State Bank of India (SBI) on Friday reported a standalone net profit of Rs 80,032 crore for the financial year ended March 31, 2026, registering a growth of nearly 13 per cent from Rs 70,900 crore reported in the previous financial year, according to the bank's audited financial results.
India's largest public sector lender also reported a rise in total income during the year under review. The bank's total income increased to Rs 5,51,647 crore in FY26 from Rs 5,24,172 crore in FY25.
For the January-March quarter (Q4 FY26), SBI posted a standalone net profit of Rs 19,683 crore.
The bank's asset quality showed further improvement during the year. Gross non-performing assets (NPAs) declined to 1.49 per cent as of March...
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