Mumbai, May 8 -- The country's largest lender State Bank of India, on Friday, reported a standalone net profit of Rs.19.683.75 crore in the March quarter of FY26 (Q4FY26), up 5.6% year-on-year.

Its net interest income (NII) in Q4FY26 increased 4% year on year to Rs.44,380 crore.

Capital adequacy ratio (CAR) of the bank was at 15.4% as on 31 March compared to 14.25% a year ago, and as against a regulatory requirement of 12.3%.

Asset quality of SBI improved during the quarter. Gross non-performing assets (NPA) ratio in the March quarter was at 1.49% compared with 1.57% a quarter ago and 1.82% a year ago.

The outlook on India's economic growth and banks' credit growth is clouded due to the West Asia war, which began at the end of Februar...