State Bank of India (SBI) Q3 net profit jumps 24%

State Bank of India (SBI) reported a 24% year-on-year record (all-time high) standalone net profit of Rs 21,028 crore for the December quarter of FY26, reflecting steady growth in core income and recovery trends.

On a consolidated basis, the state-owned lender posted a 13.06 per cent rise in profit to Rs 21,317 crore during the quarter, according to a regulatory filing, PTI reported.

The bank’s standalone net interest income (NII) rose 9.04 per cent year-on-year to Rs 45,190 crore from Rs 41,446 crore in the corresponding period last year. The growth was supported by 15.14 per cent loan expansion, even as domestic net interest margin saw a marginal compression of 0.03 per cent to 3.12 per cent.

Non-interest income increased 15.65 per cent to Rs 8,404 crore during the quarter. Meanwhile, total expenses rose to Rs 1,08,052 crore compared with Rs 1,04,917 crore in Q3 FY25. The bank’s net interest margin (NIM) stood at 2.99% in Q3FY26, while domestic NIM was 3.12%. For the nine months ended December 2025, domestic NIM was recorded at 3.08%.

Deposit growth stood at 9.02 per cent during the October–December period.Fresh slippages were reported at Rs 4,458 crore, higher than Rs 3,823 crore in the year-ago period.

On asset quality, the gross non-performing assets (GNPA) ratio improved to 1.57 per cent as of December 31, 2025, compared with 1.73 per cent at the end of September. Total provisions rose to Rs 4,507 crore against Rs 911 crore in the year-ago period.

Provision coverage ratio (PCR), including AUCA, stood at 92.37%, while PCR excluding AUCA was 75.54%. The slippage ratio remained contained at 0.40%, and credit cost stood at 0.29%, as per ET report. On the balance sheet front, SBI’s total business crossed Rs 103 lakh crore. Deposits exceeded Rs 57 lakh crore, while advances crossed Rs 46 lakh crore.

The bank’s overall capital adequacy ratio stood at 14.04 per cent as of December 31, 2025, with core capital buffer at 10.99 per cent.

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State Bank of India(SBI) Circle Based Officers(CBO) Recruitment 2026, Notification Out,How to Apply

The State Bank of India (SBI) has issued the official notification for the recruitment of candidates to the post of Circle Based Officers (CBO) 2026. All details related to this recruitment, such as eligibility, age limit, vacancies, notification pdf, online application link, exam pattern, syllabus, important dates, last date to apply, age limit, education qualifications, etc. are given below.

SBI CBO Recruitment 2026 Important Dates

• Notification Released: 28 January 2026
• Application Start Date: 29 January 2026
• Last Date to Apply: 18 February 2026 (till 11:59 PM)
• Fee Payment Last Date: 18 February 2026
• Examination Date: March 2026

SBI CBO Recruitment 2026 Salary Details

• The starting basic pay is ₹48,480 under the pay scale ₹48,480–2,000/7–62,480–2,340/2–67,160–2,680/7–85,920, along with two advance increments.
• In addition to basic pay, selected candidates will be entitled to Dearness Allowance (DA), HRA/Lease Rental, CCA, Provident Fund, National Pension System (NPS), Leave Fare Concession (LFC), medical benefits, and other allowances and perks as per existing rules.

SBI CBO Recruitment 2026 Notification & Apply Online

SBI CBO Recruitment 2026 Notification

Click Here to Apply Online for SBI CBO

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State Bank of India(SBI) Specialist Officer (SO) Recruitment 2025 Notification Released for 1042 Posts

State Bank of India(SBI) has issued the official notification for the recruitment of Specialist Officer (SO) posts. A total of 1042 vacancies have been announced under the SBI Bank SO Recruitment 2025. The notification was released on 02 December 2025, and the online application process will remain open from 02 December to 23 December 2025.

SBI SO Recruitment 2025 Overview

Recruitment Organization	State Bank of India
Post Name	Specialist Officer
Vacancies	1042
Job Location	All India
Last Date to Apply	23 December 2025
Mode of Application	Online

<SBI SO Recruitment 2025 Important Dates

• Notification Release: 02 December 2025
• Online Application Starts: 02 December 2025
• Last Date to Apply: 23 December 2025 (till 11:59 PM)
• Fee Payment Last Date: 23 December 2025

SBI SO Recruitment 2025 Selection Process

The selection will be done in the following stages:

• Shortlisting
• Interview
• Document Verification
• Medical Examination

SBI SO Recruitment 2025 Notification PDF & Apply Online Form Link

• Download Notification PDF
• Click here to Apply Online

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State Bank of India(SBI) Ordered to Pay Rs.7 Lakh Compensation for Delay

The State Bank of India (SBI) has been ordered by the District Consumer Disputes Redressal Commission, Kanpur Nagar to compensate an advocate who was unable to attend a recruitment exam due to the bank's failure to deposit his examination fee with ₹7,00,000. According to the Commission, the complainant suffered "irreparable physical, mental, and economic loss" as a result of this failure. 

 On October 16, 2018, an advocate named Mr. Avnish Verma filed a complaint against the SBI Chairperson, SBI Nodal Officer, and Branch Manager of the SBI Krishna Nagar Branch in Kanpur Nagar. Mr. Verma was eligible to take the UP Public Service Commission's (UPPSC) 2015 Assistant Prosecution Officer (A.P.O.) preliminary test. He deposited the necessary ₹225 at SBI Krishna Nagar in order to take the main exam.

Nevertheless, the fee was not deposited into the UPPSC account by the bank clerk. Rather, a general receipt (No. 41514396) that was invalid for the examination procedure was issued by the clerk. Mr. Verma claimed that the bank employee's negligent, irresponsible, and malevolent actions were to blame for this. 

 The candidate had to amend the fee information on the UPPSC website in accordance with the exam regulations. Two days after paying the charge, Mr. Verma attempted to update the data, but the attempt was unsuccessful. The bank only told him that there was a "technical issue" and requested that he try again at a later time. The update failed once more on December 11, 2015.

Unfortunately December 12, 2015 was Second Saturday (bank holiday) and December 13, 2015 was Sunday (UPPSC deadline). Because of this, he could not complete the process and ultimately missed the opportunity to appear in the A.P.O. 2015 Main Exam. Mr. Verma stated that this mistake caused serious damage to his career prospects, along with mental and financial loss.

Complaint lodged in RBI Ombudsman 

The complainant submitted a complaint to the RBI's Banking Ombudsman on December 11, 2015. On April 8, 2016, the SBI Branch Manager responded by acknowledging the error in a letter of apologies. Mr. Verma refused to accept the Banking Ombudsman's subsequent ruling for SBI to pay ₹10,000 in compensation. 

 He then filed a claim for ₹20,000,000 in compensation with the Consumer Commission. Despite receiving notices, SBI representatives failed to show up before the Commission. Consequently, on May 14, 2019, the Commission moved forward ex-parte. SBI did not pay the ₹300 fee imposed by the Commission, despite later filing a recall application. As a result, on November 17, 2022, their written statement was ruled inadmissible, and they were prohibited from testifying.

The complainant, however, submitted strong documentary proof, including Fee deposit receipt, UPPSC notifications, Complaint to Banking Ombudsman, SBI apology letter, Marksheets and other documents showing past exam performance.

Commission’s Findings

The Commission held that:

* SBI clearly failed to deposit the fee.

* The mistake prevented the complainant from appearing in a major competitive exam.

* This caused irreparable loss to his career.

* The bank admitted its mistake through the apology letter.

* Even the Banking Ombudsman had found SBI at fault.

Final Order of the Commission

The Commission partially allowed the complaint and ordered SBI (all opposite parties jointly and severally) to:

* Pay ₹7,00,000 (Seven Lakh) as lump sum compensation For the complainant’s career loss and mental, physical, and financial suffering.

* Pay 7% simple annual interest From the date of filing the complaint (October 16, 2018) till actual payment.

* Pay ₹10,000 as litigation cost.

The bank must comply with the order within 45 days from the date of judgment.

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State Bank of India(SBI) Q2 net profit rises 10% YoY

State Bank of India(SBI)’s Q2 FY26 net profit rose 10 percent year-on-year to Rs 20,159.7 crore, driven significantly by proceeds from the lender’s partial stake sale in Yes Bank. Net interest income rose 3.3 percent year-on-year to Rs 42,985 crore from Rs 41,620 crore for the July-September quarter.

India’s largest PSU bank SBI said it divested 13.18 percent of its equity holding in Yes Bank on 17 September 2025 at Rs 21.50 per share, generating a profit of Rs 4,593.22 crore. The gain has been recognised under exceptional items and will be transferred to the capital reserve in due course.

SBI’s asset quality improved sequentially during the quarter. Gross NPA ratio declined to 1.73 percent from 1.83 percent, with gross NPAs dipping to Rs 76,243 crore from Rs 78,039.7 crore. Net NPA ratio eased to 0.42 percent from 0.47 percent, while net NPAs fell to Rs 18,460 crore from Rs 19,908 crore.

Provisions rose to Rs 5,400 crore compared with Rs 4,757 crore in the previous quarter and Rs 4,506 crore a year earlier. Pre-provision operating profit fell 10.6 percent sequentially and 6.77 percent year-on-year.

The rise in profitability was also aided by certain one-time factors during the quarter. SBI recorded a one-off gain of Rs 4,593.22 crore from its stake sale in Yes Bank and an additional Rs 25.46 crore from the sale of its stake in Jio Payments Bank.

Domestic net interest margin (NIM) dropped 18 basis points to 3.09 percent for the quarter versus 3.27 percent in the year ago period.

Operating profit for Q2 rose by 8.91 percent year-on-year to Rs 31,904 crore from Rs 29,294 crore in Q2 FY25.

The lender's whole bank advances grew by 12.73 percent year-on-year, while domestic advances grew by 12.32 percent year-on-year for the September quarter.

Retail Advances grew by 15.09 percent year-on-year, led by SME advances growth at 18.78 percent year-on-year, and by agri advances growth at 14.23 percent year-on-year and retail personal advances growth at 14.09 percent.

The lender reported interest income of Rs 1,19,654 crore in the quarter under review, up 5 percent from Rs 1,13,871 crore in the corresponding period of the previous financial year.

Meanwhile, the interest expended by the public lender stood at Rs 76,670 crore in the quarter under review, up 6 percent from Rs 72,251 crore in the corresponding quarter of the previous financial year.

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State Bank of India (SBI) Manager (Credit Analyst) Recruitment 2025 Notification Released, Apply Online

State Bank of India (SBI) has released notification for recruitment of candidates to the post of Manager (Credit Analyst). All details related to this recruitment are given below.

SBI Bank Manager (Credit Analyst) Recruitment 2025 Overview

Particulars	Details
Recruitment Authority	State Bank of India (SBI)
Post Name	Manager (Credit Analyst)
Category	Specialist Cadre Officers (SCO)
Vacancies	63
Mode of Application	Online
Application Dates	11 September 2025 – 15 October 2025
Official Website	www.sbi.co.in

SBI Bank Manager (Credit Analyst) Recruitment 2025 Important Links

Notification

Apply Online

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Does State bank of India treat officers of merged associate banks differently? The Telangana High Court received the case

The merger of five affiliate banks with the State Bank of India (SBI) is a significant matter that the Telangana High Court has chosen to consider. A division bench led by Justice G.M. Moinuddin and Chief Justice Aparesh Kumar Singh accepted an appeal submitted by P.T.M. Gopala Krishna and others.

The government orders that were issued during the merger of State Banks of Bikaner and Jaipur, Hyderabad, Mysore, Patiala, and Travancore with SBI have been contested by the petitioners. They maintained that the revised terms of service that were implemented following the merger were arbitrary and unlawful.

They claim that the March 2017 option letters compelled workers to resign or accept the revised terms of employment. They also argued that the top general manager, who lacked the legal authority to establish service conditions, was the one who issued these letters. Only the SBI Central Board was authorized to make such judgments under the State Bank of India Act, 1955. Workers at merging associate banks have complained that they do not receive the same benefits and perks as regular SBI workers.

According to the statement, service jurisprudence is unaware of this so-called choice letter.If a permanent employee or officer disagrees with the new terms and conditions that management has imposed, they cannot be forced to leave. Furthermore, no terms and conditions of service authorized by the Central Board of the Transferee Bank, State Bank of India, are mentioned in the so-called offer of employment letter dated March 29, 2017. Thus, it is evident that CGM lacks the power to unilaterally issue employment offer letters that have not been authorized or approved by the Transferee Bank's Central Board.

It goes on to say that a review of the choices made under Clause No. 3 reveals that Associate Bank employees have experienced hostile discrimination. Probationary officers and trainee officers at SBI will receive four more increments, while those at Associate Banks will not receive those same increments, as stated explicitly in Clause 3(b) of the Annexure to the offer letter. Put another way, there is flagrant and obvious prejudice against probationary officers and trainee officers of associate banks when it comes to raises.

SBI previously purchased State Bank of Indore on August 28, 2010, and State Bank of Saurashtra on August 23, 2008.While acquiring State Bank of Saurashtra, the terminal benefits, pension, gratuity, and Bank’s Contribution to Provident Fund (with interest), were given to them.

As stated in Section 2(a) of the Terms & Conditions of Service Applicable to Officer Employees of State Bank of Indore (SBIN), SBI provided the same terminal benefits, pension, gratuity, and Bank's Contribution to Provident Fund (with interest) to its officers during the acquisition of SB Indore.

As a result, based on previous experience, the officers of the Associate Banks had a right to expect that SBI would provide them with comparable advantages. Their petition had previously been denied by a one-judge panel. The petitioners lacked the legal standing to contest the government's orders, the court had decided. Additionally, it noted that the majority of associate bank executives had willingly switched from the contributory provident fund system to the pension plan.

However, the appellants have now argued that the earlier judgment ignored crucial legal issues and wrongly relied on developments that happened after their case was filed.Taking note of these submissions, the High Court bench has issued notice to the Reserve Bank of India (RBI) and has posted the case for further hearing.

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State Bank of India (SBI) Q1 net profit rises 12.48%

The country’s largest lender State Bank of India (SBI) for the first quarter ended June 30, 2025 reported 12.48% Year on Year (YoY) growth at Rs.19,160 crore due to operational efficiency and treasure gains.

The bank’s Net Interest Income (NII) for the quarter at Rs.41,072 crore decreased by 0.13% YoY. The domestic Net Interest Margin (NIM) for the quarter fell 33 bps and stood at 3.02% as compared with 3.35%. During the quarter the bank’s loan loss provisions increased 9.21% to Rs.4,934 crore.

“The results for Q1 FY206 highlight robustness, continued excellence and significant long term strength,” said C.S. Setty, Chairman, SBI.

“The bank remains well capitalized and our capital adequacy ratio has improved and based on the current profitability and growth trajectory of the bank, we believe we have sufficient headroom to take care requirement of business growth.

“The bank has raised equity capital of Rs.25,000 core during the current quarter, which will support additional loan growth of approximately Rs.2.5 trillion,” he added.

The bank’s advances at Rs.42.5 lakh crore grew 11.61% Y-o-Y with domestic advances growing by 11.06% YoY. While SME advances grew by 19.10% Y-o-Y, Agri advances grew by 12.67% Y-o-Y and Retail personal advances and Corporate advances registered Y-o-Y growth of 12.56% and 5.70% respectively. The bank’s deposits grew by 11.66% Y-o-Y. 

The GNPA reduced 7.34% Y-o-Y to Rs.78,040 crore. NNPA also reduced 7.64% to Rs.19,908 crore.Gross NPA ratio at 1.83% improved by 38 bps Y-o-Y and Net NPA ratio at 0.47% improved by 10 bps Y-o-Y.Provision Coverage Ratio (PCR) stood at 74.49% Slippage Ratio for the quarter improved by 9 bps YoY and stood at 0.75%.Credit Cost for the quarter stood at 0.47%. The Capital Adequacy Ratio (CAR) as at the end of the quarter stood at 14.63%.

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