https://www.taxtmi.com/news?id=33131 SBI posted a year-on-year jump in quarterly net profit driven by a lower prior-year base while core net interest income rose modestly but net interest margin narrowed as customers shifted into higher-yielding fixed deposits and CASA fell. Management said deposit costs have stabilised, limited transmission arises from the small share of externally benchmarked advances, and the bank intends to improve yields via unsecured personal loans and higher corporate margins. Asset-quality metrics improved with reduced fresh slippages and lower gross NPAs, capital ratios remained adequate excluding profit plough-back, and the bank will await critical mass before listing insurance and asset management arms. en-us Thu, 06 Feb 2025 18:31:03 +0530 Thu, 06 Feb 2025 18:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33131 SBI posted a year-on-year jump in quarterly net profit driven by a lower prior-year base while core net interest income rose modestly but net interest margin narrowed as customers shifted into higher-yielding fixed deposits and CASA fell. Management said deposit costs have stabilised, limited transmission arises from the small share of externally benchmarked advances, and the bank intends to improve yields via unsecured personal loans and higher corporate margins. Asset-quality metrics improved with reduced fresh slippages and lower gross NPAs, capital ratios remained adequate excluding profit plough-back, and the bank will await critical mass before listing insurance and asset management arms. News - Thu, 06 Feb 2025 18:31:03 +0530 https://www.taxtmi.com/news?id=33131