• The document is a transcript of the Q2 FY2027 post-results Analyst Meet held on 03.11.2026, submitted pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.
  • The event was an earnings call and investor interaction following the declaration of the bank's Q2 FY2027 results.
  • The meet was held on 03.11.2026. A specific time was not mentioned in the transcript.
  • The stated purpose was to discuss the bank's Q2 FY2027 performance and strategic initiatives undertaken during the period.
  • The meeting was scheduled after the earnings announcement.

Management Participants:

  • Mr. C S Setty, Chairman
  • Mr. Ashwini Kumar Tewari, Managing Director (Corporate Banking and Subsidiaries)
  • Mr. Rana Ashutosh Kumar Singh, Managing Director (International Banking, Global Markets & Technology)
  • Mr. Rama Mohan Rao Amara, Managing Director (Retail Business and Operations)
  • Mr. Ravi Ranjan, Managing Director (Risk, Compliance and Stressed Assets Resolution Group)
  • Mr. Anindya Sunder Paul, Deputy Managing Director (Finance)
  • Mr. A Ravi Shankar, Chief General Manager (Financial Control)
  • Mr. Pawan Kumar, General Manager (Performance, Planning & Review)
  • The transcript includes a safe harbor statement noting that certain statements may be forward-looking and subject to uncertainties.
  • The transcript itself was the disclosed document; no indication was given that a separate presentation, earnings deck, transcript, or recording would be made available elsewhere.
  • The document is the compliance submission of the transcript; it does not contain specific language stating that no unpublished price sensitive information (UPSI) would be shared.

Financial Highlights and Guidance References:

  • The financial period discussed is Q2 FY2027 (Quarter ended September 2026) and H1 FY2027.
  • Key Financials for Q2 FY27: Net Profit was ₹23,038 crore; Operating Profit was ₹34,226 crore (YoY growth of 7.28%); Domestic Net Interest Margin (NIM) was 3.11%.
  • Key Financials for H1 FY27: Return on Assets (ROA) was 1.14%; Return on Equity (ROE) was 18.68%; Total business aggregated ₹115 trillion (Deposits: ₹63 trillion, Advances: ₹52 trillion).
  • Asset Quality: Gross NPA ratio was 1.39% (lowest in over two decades); Provision Coverage Ratio (PCR) was 74%; Capital Adequacy stood at 16.09% (improved 147 bps YoY).
  • Credit Growth: Remained well-diversified with Retail, Agriculture, MSME, and corporate advances all recording double-digit growth. A corporate loan pipeline of nearly ₹7 lakh crore was cited.
  • Forward-Looking Guidance: Management reiterated full-year FY27 guidance for credit growth (14-15%), ROA (1%), NIM (not less than 3%), and ROE (15%).
  • ECL Impact: The transition impact of Expected Credit Loss (ECL) norms on the loan portfolio is estimated at ₹19,500 crore, net of taxes and after adjusting for existing provisions. This will be spread over four years.
  • Other Strategic Themes: Discussed initiatives included Project SARAL, the Re-KYC program (1.2 crore updates digitally, saving 50,000 man-hours daily), Seva Sarathi (9,500 deployed), and the inauguration of the SBI CyRIS cybersecurity center. The listing of SBI Funds Management Limited was noted as a milestone.

Additional Notes Section

  • The document submitted is the enclosed transcript of the analyst meet (Encl: A/a).
  • The transcript contains extensive financial data and results for Q2 FY2027, including detailed figures and management commentary on performance, strategy, and outlook.