INTEGRATED FILING — BANKING



General information about company

Scrip code 500112
NSE Symbol SBIN
MSEI Symbol 0
ISIN INE062A01020
Name of bank STATE BANK OF INDIA
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 03-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 03-May-2025   10:00:00
End date and time of board meeting 03-May-2025   14:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-09-27
Indicate Company website link for updated RPT policy of the Company https://sbi.co.in/web/investor-relations/disclosure-under-regulation-46
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 857096900000 3306269700000
Income on investments 294561700000 1150313400000
Interest on balances with reserve bank of India and other inter bank funds 11290900000 44160100000
Others 33712300000 124150300000
Total interest earned 1196661800000 4624893500000
2 Other income 242098800000 616830600000
3 Total income 1438760600000 5241724100000
Expenses
4 Interest expenses 768915500000 2955242200000
5 Operating expenses
(i) Employees cost 180052000000 643522400000
(ii) Details of other operating expenses
Description of other operating expenses
1 Other operating expesnes 176932700000 537167800000
Total other operating Expenses 176932700000 537167800000
Total Operating Expenses 356984700000 1180690200000
6 Total expenditure excluding provisions and contingencies 1125900200000 4135932400000
7 Operating profit before provision and contingencies 312860400000 1105791700000
8 Provisions other than tax and contingencies 64416900000 153079000000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 248443500000 952712700000
11 Provision for Tax 62017600000 243706400000
12 Net profit (loss) from ordinary activities after tax 186425900000 709006300000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 186425900000 709006300000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 186425900000 709006300000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 8924600000 8924600000
Face value of equity share capital 1 1
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 4129140400000
20 Analytical ratios
(i) Percentage of share held by government of India 56.92 56.92
(ii) Capital adequacy ratio
CET 1 ratio 10.81 10.81
Additional Tier 1 ratio 1.3 1.3
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 20.89 79.44
Diluted earnings per share before extraordinary items 20.89 79.44
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 20.89 79.44
Diluted earnings per share after extraordinary items 20.89 79.44
(iv) NPA Ratios
Amount of gross non-performing assets 768802000000 768802000000
Amount of net non-performing assets 196669200000 196669200000
% of gross NPAs 1.82 1.82
% of net NPAs 0.47 0.47
Return on assets 1.12 1.1
21 Disclosure of notes on financial results by banks Textual Information(1)


Text Block

Textual Information(1) 1. For notes, refer PDF file uploaded on website


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 8924600000
Reserves and surplus 4402696600000
Deposits 53821895300000
Borrowings 5635725200000
Other liabilities and provisions 2891291000000
Total Capital Liabilities 66760532700000
2 ASSETS
Cash and Balances with Reserve Bank of India 2272175000000
Balances with Banks and money at call and short notice 1130121900000
Investments 16905727500000
Advances 41633121000000
Fixed Assets 441075500000
Other Assets 4378311800000
Total Assets 66760532700000
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block
Textual Information(1) Refer PDF file uploaded on site for Notes


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury operations 387770900000 1352434100000
2 Corporate/ Wholesale Banking operations 392161800000 1465700500000
3 Retail Banking oprations- Digital Banking 34666800000 76271900000
4 Retail Banking oprations- Other Retail Banking 610975100000 2329597900000
5 Unallocated 13186000000 17719700000
Total Segment Revenue 1438760600000 5241724100000
Less: Inter segment revenue 0 0
Income from operations 1438760600000 5241724100000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury operations 88913500000 175854300000
2 Corporate/ Wholesale Banking operations 84506500000 287190100000
3 Retail Banking oprations- Digital Banking 40537000000 152899700000
4 Retail Banking oprations- Other Retail Banking 52718400000 435772300000
5 Unallocated 0 0
Total Profit before tax 266675400000 1051716400000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income 18231900000 99003700000
Profit before tax 248443500000 952712700000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury operations 17845776500000 17845776500000
2 Corporate/ Wholesale Banking operations 19355736600000 19355736600000
3 Retail Banking oprations- Digital Banking 854006500000 854006500000
4 Retail Banking oprations- Other Retail Banking 27923181500000 27923181500000
5 Unallocated 0 0
Total Segment Assets 65978701100000 65978701100000
Un-allocable Assets 781831600000 781831600000
Net Segment Assets 66760532700000 66760532700000
4 Segment Liabilities
Segment Liabilities
1 Treasury operations 15771297600000 15771297600000
2 Corporate/ Wholesale Banking operations 17538423100000 17538423100000
3 Retail Banking oprations- Digital Banking 9082569800000 9082569800000
4 Retail Banking oprations- Other Retail Banking 17563185300000 17563185300000
5 Unallocated 0 0
Total Segment Liabilities 59955475800000 59955475800000
Un-allocable Liabilities 2393435700000 2393435700000
Net Segment Liabilities 59955475800000 59955475800000
Disclosure of notes on segments 1. Segment net results are arrived after taking effect of Transfer Pricing. 2. As per RBI Circular DOR.AUT.REC.12/22/01.001/2022-23 dated April 07, 2022, for the purpose of disclosure under Accounting Standard 17, Segment reporting, ‘Digital Banking’ has been identified as a sub- segment under the retail banking Segment.




Cash Flow Statement, Indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 116723400000
Adjustments for depreciation and amortisation expense 35289100000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow -74835200000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 153079000000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 230256300000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -4737595800000
Adjustments for decrease (increase) in other current assets 100961500000
Adjustments for increase (decrease) in trade payables 4661127600000
Adjustments for increase (decrease) in other current liabilities -441328700000
Adjustments for provisions 0
Total adjustments for working capital -416835400000
Total adjustments for reconcile profit (loss) -186579100000
Net cash flows from (used in) operations 766133600000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 307534900000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 458598700000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 458598700000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses -10110000000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets 0
Purchase of tangible assets 51123400000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 19772900000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1118000000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -20122500000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -20122500000
5 Cash flows from used in financing activities
Proceeds from issuing shares 1300000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 200000000000
Proceeds from borrowings 0
Repayments of borrowings 0
Dividends paid 122267200000
Interest paid 101386300000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -139614000000
Net cash flows from (used in) financing activities before extraordinary items -163266200000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -163266200000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 275210000000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 19067000000
Net increase (decrease) in cash and cash equivalents 294277000000
Cash and cash equivalents cash flow statement at beginning of period 3108019900000
Cash and cash equivalents cash flow statement at end of period 3402296900000


Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. Gokhale & Sathe Yes 28-Feb-2027
2 M/s. Ravi Rajan & Co. LLP Yes 31-May-2025
3 M/s JLNUS & Co. Yes 31-Jan-2026
4 M/s R.G.N. Price Yes 31-Mar-2028
5 M/s Rama K Gupta & Co. Yes 29-Feb-2028
6 M/s Vinod Kumar & Associates Yes 31-Oct-2027
7 M/s. Varma & Varma Yes 31-Jul-2025
8 M/s. S G C O & Co. LLP Yes 31-Oct-2025
9 M/s. O P Bagla & Co. LLP Yes 31-Mar-2028
10 M/s. Gopal Sharma & Co. Yes 28-Feb-2027
11 M/s. B C Jain & Co. Yes 31-Oct-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 State Bank of India C-Edge Technologies Ltd. Joint Venture Any other transaction Interest Expenses 0 N.A. 66100000 76900000 56900000 Textual Information(1)
2 State Bank of India C-Edge Technologies Ltd. Joint Venture Any other transaction IT Support Charges 663900000 N.A. 80700000 0 70800000 Textual Information(2)
3 State Bank of India Investec Capital Services (India) Private Limited Associates Any other transaction Interest Expenses 0 N.A. 98300000 52000000 53900000
4 State Bank of India Investec Capital Services (India) Private Limited Associates Any other transaction Non-fund commitments 0 N.A. 1010000000 0 1010000000
5 State Bank of India Macquarie SBI Infrastructure Management Pte. Ltd. Joint Venture Any other transaction Interest Expenses 0 N.A. 1100000 0 0
6 State Bank of India Oman India Joint Investment Fund - Management Company Pvt. Ltd. Joint Venture Any other transaction Interest Expenses 0 N.A. 0 15300000 0
7 State Bank of India Oman India Joint Investment Fund – Trustee Company Pvt. Ltd. Joint Venture Any other transaction Interest Expenses 0 N.A. 0 100000 0
8 State Bank of India Key Management Personnel Key Management Personnel Remuneration 0 N.A. 9600000 0 0
9 State Bank of India Yes Bank Limited Associates Any other transaction Interest Income 0 N.A. 910400000 31000000 59900000
10 State Bank of India Yes Bank Limited Associates Any other transaction Non-fund commitments 0 N.A. 305400000 1055100000 1360500000
11 State Bank of India Yes Bank Limited Associates Sale of goods or services 0 N.A. 2200000 0 0
12 State Bank of India Yes Bank Limited Associates Sale of goods or services 0 N.A. 20800000 0 100000
13 SBI Factors Ltd. C-Edge Technologies Ltd. Joint Venture Any other transaction IT Support Charges 0 N.A. 1100000 0 0
14 SBI Capital Markets Limited Investec Capital Services (India) Private Limited Associates Purchase of goods or services 0 N.A. 540700000 11300000 0
15 SBI Cards & Payment Services Limited Yes Bank Limited Associates Any other transaction Borrowings 0 N.A. 5000000000 3441500000 400300000
16 SBI Cards & Payment Services Limited Yes Bank Limited Associates Any other transaction Interest Expenses 0 N.A. 34600000 0 0
17 SBI Cards & Payment Services Limited Yes Bank Limited Associates Purchase of goods or services 0 N.A. 1600000 0 0
18 SBI DFHI LIMITED Yes Bank Limited Associates Any other transaction Intra-Day Liquidity (IDL) Facility Borrowing- Raised and Full Repaid 0 N.A. 0 0 0
19 SBI DFHI LIMITED Yes Bank Limited Associates Any other transaction Interest Income 0 N.A. 6400000 0 0
20 SBI DFHI LIMITED Yes Bank Limited Associates Purchase of goods or services 0 N.A. 3000000 1500000 0
21 SBI DFHI LIMITED Yes Bank Limited Associates Any other transaction Profit on sale of Investments 0 N.A. 4800000 0 0
22 SBI Fund Management Ltd C-Edge Technologies Ltd. Joint Venture Any other transaction IT Support Charges 0 N.A. 1100000 0 0
23 SBI Fund Management Ltd Yes Bank Limited Associates Purchase of goods or services 0 N.A. 200000 0 0
24 SBI General Insurance Co. Ltd C-Edge Technologies Ltd. Joint Venture Any other transaction IT Support Charges 0 N.A. 8300000 9000000 13500000
25 SBI General Insurance Co. Ltd Investec Capital Services (India) Private Limited Associates Purchase of goods or services 0 N.A. 1000000 0 0
26 SBI General Insurance Co. Ltd Yes Bank Limited Associates Purchase of goods or services 0 N.A. 400000 0 200000
27 SBI General Insurance Co. Ltd Yes Bank Limited Associates Any other transaction Other Expenses 0 N.A. 100000 100000 100000
28 SBI General Insurance Co. Ltd Yes Bank Limited Associates Sale of goods or services 0 N.A. 12700000 0 0
29 SBI Life Insurance Company Limited C-Edge Technologies Ltd. Joint Venture Any other transaction IT Support Charges 0 N.A. 500000 700000 300000
30 SBI Life Insurance Company Limited Yes Bank Limited Associates Any other transaction Interest Income 0 N.A. 17700000 26400000 0
31 SBI Life Insurance Company Limited Yes Bank Limited Associates Purchase of goods or services 0 N.A. 4100000 500000 700000
32 SBI Life Insurance Company Limited Yes Bank Limited Associates Any other transaction Profit / (Loss) on Sale of Investments 0 N.A. 9300000 0 0
33 SBI - SG Global Securities Services Private Limited Macquarie SBI Infrastructure Trustee Ltd. Joint Venture Sale of goods or services 0 N.A. 400000 0 400000
34 SBI - SG Global Securities Services Private Limited Oman India Joint Investment Fund - Management Company Pvt. Ltd. Joint Venture Sale of goods or services 0 N.A. 500000 0 600000
35 SBI - SG Global Securities Services Private Limited SBI Macquarie Infrastructure Trustee Pvt. Ltd. Joint Venture Sale of goods or services 0 N.A. 400000 0 500000
Total value of transaction during the reporting period 8153500000



Text Block
Textual Information(1) As per RBI circular no. DOR.ACC.REC. No.45/21.04.018/2021-22 dated August 30, 2021 (as amended), the Accounting Standards 18 is applicable to all nationalized banks. The accounting standard exempts state-controlled enterprises i.e., nationalized banks from making any disclosures pertaining to their transactions with other related parties which are also state controlled enterprises. Thus, nationalized banks need not disclose their transactions with the subsidiaries as well as the RRBs sponsored by them. However, they will be required to disclose their transactions with other related parties. No disclosure is required in respect of related parties, which are State-controlled Enterprises as per paragraph 9 of Accounting Standard (AS) 18. Further, in terms of paragraph 5 of AS 18, transactions in the nature of Banker-Customer relationship have not been disclosed including those with Key Management Personnel and relatives of Key Management Personnel. Notes: 1. As per the Annex to SEBI circular SEBI/HO/CFD/CMD1/ CIR/P/2021/662 dated November 22,2021, listed banks shall not be required to provide the disclosures with respect to related party transactions involving loans, inter- corporate deposits, advances, or investments made or given by the listed banks. 2. As per RBI circular RBI/DBR/2015-16/19 dated March 03,2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposit of bank’s staff as well as on deposits of Chairman and Managing Directors.
Textual Information(2) *₹ 15.70 crore for the period 02.06.2022 to 01.06.2025 & ₹ 50.69 crore for the period 10.04.2024 to 09.04.2025.


Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt