What was filed
State Bank of India's Central Board met on 7 August 2026 and approved the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. The results carry a limited review by the bank's Statutory Central Auditors, whose report contains an unmodified opinion, per the filing. The board also considered the statement of deviation on fund utilisation (nil for the quarter) and the security cover certificate on non-convertible debt securities.
The quarter in brief
On a standalone basis, both operating profit and net profit for the quarter were higher than the year-earlier June quarter, per the filing. Asset quality metrics improved, with a lower gross NPA ratio and a Provision Coverage Ratio of 74.20% (91.82% including AUCA). Advances continued to grow year on year. The specific figures are set out in the key-numbers panel.
Balance-sheet and structural notes
Following RBI's Second Amendment Directions dated 18 May 2026, which discontinue the Investment Fluctuation Reserve requirement, SBI transferred the entire IFR balance to the General Reserve during the quarter, per the filing. The consolidated results cover SBI and its 27 subsidiaries, 5 joint ventures and 12 associates (including 9 Regional Rural Banks). Government of India's holding stood at 55.03%.