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    <title>Treasury, forex gains help SBI post 10 pc growth in Q1 net profit; core income contracts</title>
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    <description>Pressure on net interest margins constrained core net interest income despite advances growth; management expects a U shaped NIM path and short term margin headwinds. Profitability for the quarter was sustained by a sharp rise in non interest income-principally treasury gains, forex income and gains on sale of investments-together with controlled operating expense growth. Asset quality remained stable with gross NPAs maintained under the stated threshold, higher provisioning year on year, intact capital adequacy buffers, and mixed subsidiary performance.</description>
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    <pubDate>Fri, 08 Aug 2025 18:46:03 +0530</pubDate>
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      <description>Pressure on net interest margins constrained core net interest income despite advances growth; management expects a U shaped NIM path and short term margin headwinds. Profitability for the quarter was sustained by a sharp rise in non interest income-principally treasury gains, forex income and gains on sale of investments-together with controlled operating expense growth. Asset quality remained stable with gross NPAs maintained under the stated threshold, higher provisioning year on year, intact capital adequacy buffers, and mixed subsidiary performance.</description>
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