Mumbai, Aug. 7 -- State Bank of India (SBI) Chairman CS Setty dismissed concerns over sequential asset quality pressure and slowing private capex, clarifying that first-quarter performance is subject to seasonal variations.

Speaking during the bank's Q1FY27 financial results press conference in Mumbai on Friday, Setty answered two questions from ANI News regarding slippages, credit expansion, and liquidity management, reaffirming a robust outlook for the fiscal year.

Responding to ANI's query on sequential stress--specifically what caused the uptick in Gross Non-Performing Assets (GNPAs) to Rs.74,273 crore and slippages to 0.57%, and whether a 0.28% quarter-on-quarter dip in corporate advances signals slowing private capex--Setty cautio...