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Sunday, May 4, 2025

SBI aims to maintain over 1% RoA in FY26 despite margin pressures from rate cuts: Chairman

SBI aims to maintain a RoA above 1% in FY26 despite margin pressures from softening interest rates, targeting a RoE over 15%. The bank reported strong FY25 results, with RoA improving to 1.10% and net profit rising 16% to ₹70,901 crore. SBI focuses on asset quality, reducing gross NPAs to 1.82% and net NPAs to 0.47%.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/U9pMDiY

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