SBI plans to raise ₹25,000 crore via QIP/FPO in FY25-26
Published on 03/05/2025 03:14 PM
SBI plans to raise ₹25,000 crore via QIP/FPO in FY25-26For Q4FY25, SBI reported a 10% year-on-year drop in net profit at ₹18,642.59 crore, compared to ₹20,698.35 crore a year ago.By Anshul May 3, 2025, 3:14:43 PM IST (Published)2 Min ReadState Bank of India (SBI) on Saturday (May 3) said it plans to raise up to ₹25,000 crore in FY26 through a Qualified Institutions Placement (QIP) or Follow-on Public Offer (FPO). The fundraise will strengthen its balance sheet and support growth ambitions.
For Q4FY25, SBI reported a 10% year-on-year drop in net profit at ₹18,642.59 crore, compared to ₹20,698.35 crore a year ago.
Net interest income (NII) rose 2.7% YoY to ₹42,774.55 crore.
The bank’s asset quality hit a 14-year best, with gross NPA (GNPA) dropping to 1.82% from 2.07% QoQ and net NPA improving to 0.47% from 0.53% QoQ.
Slippages came in at ₹4,319 crore, up slightly from ₹4,146 crore last quarter.
Total advances as of March 2025 rose to ₹42.21 trillion, a 12.03% increase YoY, driven by 16.9% growth in SME loans and 14.5% growth in home loans. Domestic retail personal advances grew by 11.4% to ₹15.06 trillion.
On the earnings call, Chairman CS Setty flagged global risks. “Escalation of trade and tariff tensions has raised concerns on global growth. The dampening global outlook may impact domestic growth. But the farm sector looks positive with an above-normal monsoon,” he said.
Setty noted term deposits are outpacing savings deposits, and credit growth is strong, though moderating.
He stressed SBI’s goal of achieving 15% RoE over cycles, adding, “We continue to demonstrate industry-leading asset quality.”
He added the bank can support ₹8 lakh crore credit growth without additional funds.
SBI’s board declared a dividend of 15.90 rupees per share for the financial year ended March 31, 2025, up from 13.70 rupees the previous year.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsSBI