State Bank of India Reports Q2FY27 PAT of INR 230bn
State Bank of India reported Q2FY27 PAT of INR 230bn, up 14% year over year. Core PPOP grew 17%, loan growth was 3% quarter over quarter, and NII grew 5%.
ICICI Securities's research report on State Bank of IndiaState Bank of India (SBIN) reported Q2FY27 PAT of INR 230bn (+14% YoY), led by core PPOP growth of 17%, while slippages improved. Loan growth (+3% QoQ) was slower than the system, but NII growth (+5%; 2% beat) was healthy. Led by better yield…