SBINNSE4 November 2025

State Bank Of India has informed the Exchange about Investor Presentation

State Bank of India

The Listing Department, BSE Limited, Phiroje Jeejeebhoy Towers, 25th Floor, Dalal Street, Mumbai – 400001

The Listing Department, National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, C / 1, ‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051

BSE SCRIP Code: 500112

NSE SCRIP Code: SBIN

CC/S&B/AND/2025-26/576

04.11.2025

Madam / Sir,

Presentation for Analysts / Investors interaction on Financial Results for the quarter and half year ended 30.09.2025

ln compliance with the provisions of Regulation 30 read with Part A of Schedule III and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit the presentation for Analysts / Investors on financial results of the Bank for the quarter and half year ended 30.09.2025.

The analyst presentation is available on the website of the Bank under the link:

https://sbi.co.in/web/investor-relations/analyst-presentation

Yours faithfully,

(Aruna N. Dak) DGM (Compliance & Company Secretary)

Quarterly Results Q2FY26

A N A L Y S T P R E S E N T A T I O N | 0 4 . 1 1 . 2 0 2 5

Safe Harbor

these slides are

Certain statements forward-looking statements. These statements are based on Management's current expectations and are subject to uncertainty and changes in circumstances. Actual outcomes may differ materially from those included in these statements due to a variety of factors.

Contents 1

Executive Summary

Capital Adequacy

04-05

Performance Highlights

06-21

Financial Performance

29-31

Asset Quality

Digital Journey

32-36

22-28

37-44

Banking with a Purpose

45-51

Subsidiaries, Group Financials & Balance Sheet

52-57

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Key trends in Q2FY26

Business

Net Profit

Total Business crossed ₹ 100 Trillion

Deposits cross ₹ 55.9 lakh crore; Advances at ₹ 44.2 lakh crore

Net Profit at ₹ 20,160 crores with a YoY growth of 9.97%

Driven by higher Non-Interest Income

Liability franchise

Sustained domestic market share of over 22%, driven by reach, trust and digital

Current account balances up 17.90% YoY

Credit growth

Up 12.73% YoY; growth across business lines

Domestic credit to deposit ratio at 69.82%; RAM Portfolio crossed ₹ 25 lakh crore

Industry leading asset quality outcomes

Contained credit cost at 0.39% for the quarter, GNPA Ratio at 1.73%, NNPA Ratio at 0.42% Slippage ratio at 0.45%

Well provided for Stressed Book

PCR at 75.79% Net NPA at ₹ 18,460 crores; additional provisions of ₹ 30,379 crores not included in PCR

Digital Banking

98.6% transactions through alternate channels 9.35 crore registered users on YONO, 64% of savings account opened through YONO in Q2FY26

Analyst Presentation Q2FY26

Performance Highlights

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Key performance indicators

Profitability

Business growth continues

Asset quality

Well provided Stressed Book

Digital Leadership

Net Profit in Q2FY26 stands at

Whole Bank advances cross

Sustained outcomes

PCR at 75.79%

98.6%

transactions

through

₹20,160 crores with a YoY

₹44 trillion

alternate channels

growth of 9.97%

12.7% YoY Growth in Advances

Gross NPA at 1.73%

PCR (incl. AUCA) at 92.29%

Operating Profit stands at

Robust retail advances growth

Net NPA at 0.42%

₹31,904 crores

YoY, led by SME 18.78%, Agri

Credit Cost

for Q2FY26 at

Total non-NPA provisions (not

ROA at 1.15% for H1FY26

ROE at 20.21% for H1FY26

Whole Bank NIM at 2.97% for

Q2FY26

Domestic NIM at 3.09%

for

Q2FY26

14.23% and Retail Per 14.09%

0.39%

Whole Bank deposits cross

₹55 trillion

9.27% YoY Growth in Deposits

17.90% YoY Growth in Current

Account

Digital leadership in Debit card

spends, ATMs, value & no. of

Mobile Banking transactions

included in PCR) at ₹30,379

crores which are ~165% of Net

NPAs at the end of Q2FY26

YONO driving digital agenda of

the Bank with 9.35 crore

registered customers

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Key indicators

Quarter Ended

Q2FY25

Q2FY26

YoY Growth

Net Interest Income

41,620

42,984

3.28%

Net Interest Margin – Whole Bank (%)

Net Interest Margin – Domestic (%)

3.14

3.27

2.97

-17 bps

3.09

-18 bps

Profit & Loss (₹ in Crores)

Operating Profit

29,294

31,904

8.91%

Net Profit

Credit Cost

Gross NPA

Net NPA

18,331

20,160

9.97%

0.38

2.13

0.53

0.39

1 bp

1.73

-40 bps

0.42

-11 bps

PCR (Incl. AUCA)

92.21

92.29

8 bps

PCR

75.66

75.79

13 bps

Capital Adequacy

13.76

14.62

86 bps

Gross Advances

39,20,719

44,19,674

12.73%

Key Ratios (in %)

Balance Sheet (₹ in Crores)

₹ in Crores

CASA

RAM Advances

Return on Assets (%)

19,65,899

21,24,266

21,75,362

25,03,694

1.13

1.15

% 6 0 . 8

% 9 0 . 5 1

s p b 2

Sep 24

Sep 25

Sep 24

Sep 25

H1FY25 H1FY26

Term Deposits

Corporate Advances

Return on Equity (%)

32,36,366

29,44,629

11,57,171

12,39,346

21.78

20.21

% 1 9 . 9

% 0 1 . 7

s p b 7 5 1 -

Total Deposits

51,17,285

55,91,700

9.27%

Sep 24

Sep 25

Sep 24

Sep 25

H1FY25 H1FY26

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Credit growth

Segment

Sep 2024

Sep 2025

₹ in Crores

YoY Growth (%)

Share of Domestic Advances

Sep 24 (%)

Sep 25 (%)

Retail Personal

13,96,624

15,93,360

14.09

Agri

SME

3,22,247

3,68,112

14.23

4,56,491

5,42,222

18.78

Corporate

11,57,171

12,39,346

7.10

Domestic Advances

33,32,533

37,43,039

12.32

Foreign Offices Advances

5,88,185

6,76,635

15.04

Total Whole Bank Advances

39,20,719

44,19,674

12.73

41.91 Retail Per

42.57 Retail Per

42.50

9.67 Agri

13.70

SME

34.72 Corporate

9.83 Agri

9.30 AGRI

14.49

13.20 SME SME

35.00 Corporate

33.11 Corporate

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Credit growth - Retail Personal Banking

As on Sep 2025

Leadership across

all segments

Retail Personal Portfolio of

~₹15.9 lakh crore

3 - year CAGR at

~14%

Sep 25

~ 42.6% of Dom. Adv.

O/S, ₹ in crores

8,80,422

YoY Growth, %

15.22

GNPA, %

0.68

Home Loans

Auto Loans

Xpress Credit

1,28,728

3,52,405

Personal Gold Loans

72,554

Other P Seg Loans

1,59,251

9.64

3.20

86.87

18.16

0.45

1.18

0.06

0.58

As per latest available data, Bank’s market share in Home loans is 28.0% & in Auto loans is 19.4%

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Credit growth - Diversified Loan Portfolio

Industry mix

(₹ in Crores)

Outstanding as on 30th Sep 25

Fund Based O/S

Corporate Rating mix (%)

High quality asset book

Sectors

Infrastructure of which: Power

Telecommunication Roads & Ports Other Infrastructure

Services Iron & Steel Aviation & Airports Tourism & Hotels Textiles Petroleum & Petrochemicals Engineering Comm. Real Estate Other Industries Home Loans Auto Loans Other Retail Loans Agriculture Total Domestic Advances

Amount

% Share

YOY Gr %

3,89,503 2,23,167 20,827 1,03,712 41,796 5,26,043 69,558 23,438 9,354 38,750 71,784 42,713 65,876 5,44,547 8,80,422 1,28,728 5,84,210 3,68,112 37,43,039

10.41 5.96 0.56 2.77 1.12 14.05 1.86 0.63 0.25 1.04 1.92 1.14 1.76 14.55 23.52 3.44 15.61 9.83 100.00

-2.98 7.69 -27.93 -11.33 -13.58 16.78 5.22 4.57 -14.30 2.95 8.64 32.05 7.23 17.16 15.22 9.64 13.42 14.23 12.32

Sep 24

AAA

BBB

BB & below

Sep 25

AAA

BBB

BB & below

~39% share to PSUs / Govt. Depts. as on Sep 25

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Credit growth – International Banking

Gross Advances: 15.04% YoY growth ₹ in Crores

6,11,334 6,19,083 6,34,845

5,88,185

6,76,635

Break up of Loan Portfolio (%)

33.0

32.9

Local Lending

customer credit.

India Linked Loans

• Gross advances have grown by 15.04% on

Highlights:

• Consistent Quarter on Quarter growth in

Sep 24 Dec 24 Mar 25

Jun 25

Sep 25

Asset Quality: NPAs Contained GNPA (%)

Loan Portfolio across Geographies (%)

34.1

Trade Finance

YoY basis. External Commercial Borrowings,

Local Credit and Trade Finance business are

major drivers of customer credit.

• Growth

in customer credit

is majorly

contributed by US Ops, GIFT City, Middle

0.24

0.23

0.22

0.19

Sep 24 Dec 24 Mar 25

Jun 25

Sep 25

USA (26%)

UK (17%)

East and East Asia region branches.

Hong Kong (9%)

GIFT City (India) (9%)

• Gross NPA ratio is down by 5 bps on YoY

Bahrain (7%)

UAE (7%)

basis and showing declining trend, underlining

Singapore (6%)

Japan (5%)

Germany (3%)

Sydney (3%)

Others (7%)

high quality of assets booked.

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Deposit growth

Particulars

Sep 2024

Sep 2025

₹ in Crores

YoY Growth (%)

Share of Domestic Deposits

Sep 24 (%)

Sep 25 (%)

Current Account Deposits (CA)

2,78,398

3,28,230

17.90

CA, 5.67

CA, 6.12

Saving Bank Deposits (SA)

16,87,501

17,96,036

6.43

CASA Deposits

19,65,899

21,24,266

8.06

SA, 34.36

SA, 33.51

Term Deposits (TD)

29,44,629

32,36,366

9.91

Domestic Deposits

49,10,528

53,60,632

9.17

Foreign Offices Deposits

2,06,757

2,31,068

11.76

Total Deposits

51,17,285

55,91,700

9.27

TD, 59.97

TD, 60.37

CASA: 40.03

CASA: 39.63

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Unmatched Liability Franchise – Key value driver of the Bank

Savings Account Balance (₹ Trillion)

Number of Branches ('000)

7 8 . 5 1

3 3 . 6 1

8 7 . 6 1

7 1 . 7 1

7 . 4

1 . 5

4 . 7

8 . 5

25.00

20.00

15.00

10.00

5.00

0.00

1 4 . 2 2

1 0 . 2 2

4 1 . 2 2

2 2 . 2 2

7 2 . 2 2

0 . 0 1

9 . 0 1

9 . 1 1

7 . 3 1

1 . 5 1

1 4 . 2 2

8 . 5 1

4 5 . 2 2

5 . 6 1

4 9 . 2 2

0 . 7 1

5 0 . 3 2

0 . 8 1

Mar 14

Mar 15

Mar 16

Mar 17

Mar 18

Mar 19

Mar 20

Mar 21

Mar 22

Mar 23

Mar 24

Mar 25

Sep 25

• Short term cyclical factors notwithstanding, SA remains strong for the Bank; 5 year CAGR: 6.4%, 10 year CAGR: 12.6%

• Outstanding balance in Saving Accounts is almost three times of the next largest Bank

• Number of SA accounts opened daily: ~75,600 in Q2FY26

• Strengthening liability franchise and CASA mobilisation remains the strategic focus of the Bank

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Net interest income

(Cumulative)

Net Interest Margins (%)

Yield on Investments (%)

Domestic

Whole Bank

Foreign Offices

3.31

3.18

2.14

3.25

3.12

2.06

3.22

3.09

2.01

3.02

2.90

1.93

3.05

2.93

1.99

Domestic

7.21

7.13

7.08

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

Yield on Advances (%)

Cost of Deposits (%)

Domestic

8.93

8.94

8.98

8.78

8.68

Foreign Offices

6.24

5.92

5.77

5.09

5.06

Domestic

Foreign Offices

5.03

5.07

5.11

5.21

5.13

4.32

4.23

4.15

3.87

3.85

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Non-interest income

Fee Income

8,573

Loan Processing Charges

Commission on Government Business

Commission on LC / BG

Cross Selling

₹ in Crores

1,712

1,267

1,133

854

1,109

6,834

938

749

% 6 4 . 5 2

% 7 0 . 5 3

% 8 7 . 0 2

% 9 0 . 4 1

1,256

% 8 2 . 3 1

Q2FY25

Q2FY26

Q2FY25

Q2FY26

Q2FY25

Q2FY26

Q2FY25

Q2FY26

Q2FY25

Q2FY26

Fee Income grew by

Profit on Sale of Investments grew by

25.46% YoY in Q2FY26

60.95% YoY in Q2FY26

Recovery from AUCA accounts at

₹2,483 crores in Q2FY26

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Treasury Operations

Break up of Domestic Investments (%)

₹ in Crores

Total Investments Book

Sep 24

Sep 25

Domestic Investments

15,98,761

16,58,106

- of which SLR

13,10,905

13,78,022

1.08

0.75

1.05 5.93

16.44

15.85

1.09 8.89

Foreign Offices Investments

71,313

77,793

75.50

73.42

Total Investments Book

16,70,074

17,35,899

A&S

FVTPL-NHFT

FVTPL-HFT

AFS

HTM

Yield on Investments (%)

7.21

7.08

s p b 3 1 -

Sep 24

Sep 25

H1FY25

H1FY26

Sep 2024

Modified Duration 1.98

AFS Book (%)

Sep 2025

Modified Duration 2.33

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Operating expenses Focus continues on improving income streams with control on costs

H1FY26

15.2

43.1

41.7

Salary

Retiral benefits & other provisions

Overheads

Staff Expenses to Operating Income (%)

Overheads to Operating Income (%)

55.84

20.76

35.09

48.94

21.21

27.73

48.53

20.91

27.62

Cost to Income Ratio (%)

55.84

48.94

48.53

H1FY24

H1FY25

H1FY26

Cost to Average Assets (%)

1.99

1.71

1.72

58.00

56.00

54.00

52.00

50.00

48.00

46.00

44.00

42.00

40.00

2.10

2.00

1.90

1.80

1.70

1.60

1.50

H1FY24

H1FY25

H1FY26

H1FY24

H1FY25

H1FY26

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Capital – assessment based on credit growth and RoE trends

RWA density (%)

Credit Growth & RoE (%)

62.9

59.6

56.9

57.7

54.7

52.4

53.1

49.6

49.7

50.4

52.1

54.7

52.8

CET 1 Ratio (%)

9.59

9.31

9.81

9.82

9.68

9.62

9.77

10.02

9.94

10.27 10.36

11.47

10.81

RoE

Credit growth

19.4

20.3

19.9

20.2

15.4

10.5

11.2

7.3

13.0

7.7

7.8

7.3

7.7

5.6

9.9

4.8

12.0

4.9

0.5

-3.8

13.9

11.0

16.0

15.2

12.0

12.7

25.0

20.0

15.0

10.0

5.0

0.0

-5.0

-10.0

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY21

FY22

FY23

FY24

FY25 H1FY26

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY21

FY22

FY23

FY24

FY25 H1FY26

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Provisions Available Buffer ₹ in Crores

3,681

1,360

30,379

25,339

Provisions on standard assets at end of Q2FY26

Additional Provision for Restructured Standard Accounts

Other Loan Related Provisions

Total provisions not included in PCR at end of Q2FY26

Credit cost at

0.39%

for Q2FY26

PCR at

75.79%

legacy book well provided

Non NPA provisions at

₹ 30,379 crores

~165%

of Net NPA at end of Q2FY26

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Sustainable RoE / RoA – a perspective

ROE (in %)

Upward trend in ROE

25.00

20.00

15.00

10.00

5.00

0.00

-5.00

0.48

-3.78

13.92

7.74

9.94

19.43

20.32

19.87

20.21

Improvement in ROE from FY19 onwards

FY18

FY19

FY20

FY21

FY22

FY23

FY24

FY25

H1FY26

ROA (in %)

0.02

-0.19

0.38

0.48

0.67

0.96

1.04

1.10

1.15

Continuous improvement in ROA from FY19 onwards

Upward trend in ROA

FY18

FY19

FY20

FY21

FY22

FY23

FY24

FY25

H1FY26

Analyst Presentation Q2FY26

Financial Performance

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Financials – at a glance

Particulars (₹ in Crores)

Quarter Ended

Half Year Ended

Growth (%)

Interest Income

Interest Expenses

Net Interest Income

Non Interest Income*

Operating Income

Operating Expenses

Operating Profit

Total Provisions

Net Profit

NIM (Whole Bank) (%)

NIM (Domestic) (%)

Cost to Income Ratio (%)

Cost to Assets (%)

Q2FY25

Q1FY26

Q2FY26

H1FY25

H1FY26

1,13,871

1,17,996

1,19,654

2,25,397

2,37,650

72,251

41,620

15,271

56,890

27,596

29,294

10,962

18,331

3.14

3.27

48.51

1.76

76,923

41,072

17,346

58,418

27,874

30,544

11,384

19,160

2.90

3.02

47.71

1.66

76,670

1,42,652

1,53,593

42,984

19,919

82,745

26,432

84,057

37,264

62,903

1,09,177

1,21,321

30,999

31,904

11,744

20,160

2.97

3.09

49.28

1.80

53,435

55,742

20,376

35,367

3.18

3.31

48.94

1.71

58,872

62,449

23,129

39,320

2.93

3.05

48.53

1.72

Q2FY26 over Q1FY26

Q2FY26 over Q2FY25

H1FY26 over H1FY25

1.41

-0.33

4.65

14.83

7.68

11.21

4.45

3.17

5.22

7 bps

5.08

6.12

3.28

30.44

10.57

12.33

8.91

7.14

9.97

5.44

7.67

1.59

40.98

11.12

10.18

12.03

13.51

11.18

-17 bps

-25 bps

-18 bps

-26 bps

157 bps

77 bps

-41 bps

14 bps

4 bps

1 bp

* Includes one-time profit of ₹4,593 crores on account of stake sale in Yes Bank in Q2FY26

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Total income

Particulars (₹ in Crores)

Quarter Ended

Half Year Ended

Growth (%)

Interest on Loans

Interest on Resources

Other Interest Income

Total Interest Income

Fee Income

Profit / Loss on Sale / Revaluation of Investments

Forex Income

Misc. Income

Q2FY25

Q1FY26

Q2FY26

H1FY25

H1FY26

82,089

29,005

2,777

85,438

86,183

1,61,291

1,71,621

29,598

29,972

58,332

59,569

1,13,871

1,17,996

1,19,654

2,25,397

2,37,650

6,834

4,641

1,111

2,685

7,677

6,326

1,632

1,711

8,573

7,470

979

2,897

13,756

16,251

7,230

1,472

3,975

13,796

2,611

4,607

Total Non Interest Income

15,271

17,346

19,919

26,432

37,264

Total Income

1,29,141

1,35,342

1,39,573

2,51,829

2,74,914

2,960

3,500

5,774

6,460

18.22

26.04

11.88

Q2FY26 over Q1FY26

Q2FY26 over Q2FY25

H1FY26 over H1FY25

0.87

1.26

4.99

3.33

6.40

2.12

1.41

11.67

18.07

5.08

25.46

60.95

-40.00

-11.90

69.34

14.83

3.13

7.90

30.44

8.08

5.44

18.14

90.81

77.36

15.91

40.98

9.17

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Fee income break up

Particulars (₹ in Crores)

Quarter Ended

Half Year Ended

Growth (%)

Q2FY25

Q1FY26

Q2FY26

H1FY25

H1FY26

Loan Processing Charges

Commission on Govt. Business

Commission on LC/BG

Cross Selling

Remittance, Collection, etc.

Misc. Fee Income

Fee Income

1,267

938

749

1,109

1,555

1,216

6,834

1,325

1,050

887

1,010

1,502

1,903

7,677

1,712

1,133

854

1,256

2,060

1,559

2,519

1,952

1,537

1,973

3,047

2,728

Q2FY26 over Q1FY26

Q2FY26 over Q2FY25

H1FY26 over H1FY25

29.13

35.07

20.56

7.95

20.78

11.84

-3.74

14.09

13.29

24.34

13.28

14.86

37.15

32.42

16.90

3,037

2,183

1,742

2,266

3,562

3,461

-18.07

28.24

26.91

8,573

13,756

16,251

11.67

25.46

18.14

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Total expenses

Particulars (₹ in Crores)

Quarter Ended

Half Year Ended

Growth (%)

Q2FY25

Q1FY26

Q2FY26

H1FY25

H1FY26

Q2FY26 over Q1FY26

Q2FY26 over Q2FY25

H1FY26 over H1FY25

Interest on Deposits

Interest on Borrowings

Other Interest Paid

Total Interest Expenses

Salary

Provisions for Employees

Staff Expenses

Overheads

of which: Business Acquisition & Development Expenses

Operating Expenses

Total Expenses

63,201

69,036

68,946

1,23,541

1,37,982

4,477

3,410

4,286

3,438

13,040

6,071

8,763

6,848

76,923

76,670

1,42,652

1,53,593

12,470

12,060

22,818

24,530

4,430

4,546

7,455

8,975

16,900

16,606

30,273

33,505

5,829

3,221

72,251

11,329

3,478

14,807

12,789

1,491

-0.13

-4.27

0.81

-0.33

-3.28

2.61

-1.74

9.09

11.69

-26.47

-32.80

6.72

6.12

6.45

30.70

12.15

12.54

12.81

7.67

7.50

20.39

10.68

9.52

10,974

14,393

23,162

25,367

31.15

972

1,244

2,552

2,216

28.06

-16.57

-13.17

27,596

27,874

30,999

53,435

58,872

11.21

12.33

10.18

99,847

1,04,797

1,07,669

1,96,087

2,12,466

2.74

7.83

8.35

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Overheads

Particulars (₹ in Crores)

Quarter Ended

Half Year Ended

Growth (%)

Rent, Taxes & Lighting

Depreciation

Printing & Stationery

Postage & Telecommunications

Repairs & Maintenance to Bank's Property

Travelling & Halting

Deposit & General Insurance

Business Acquisition & Development Expenses

ATM / CDM / Debit Card / Other Tech Expenses

Misc. Expenses

Overheads

Q2FY25

Q1FY26

Q2FY26

H1FY25

H1FY26

Q2FY26 over Q1FY26

Q2FY26 over Q2FY25

H1FY26 over H1FY25

1,549

1,389

877

210

220

311

458

2,595

1,491

2,540

2,538

959

219

140

289

386

2,074

972

2,280

2,266

1,663

1,078

262

248

352

490

2,743

1,244

2,926

3,386

2,895

1,707

381

362

560

756

4,134

2,552

4,743

5,072

3,052

2,037

481

388

641

876

4,818

2,216

5,207

5,653

12,789

10,974

14,393

23,162

25,367

19.75

12.31

20.03

77.53

21.66

26.80

32.24

28.06

28.34

49.43

31.15

7.36

22.93

25.06

12.65

13.12

6.99

5.71

5.44

19.31

26.28

7.13

14.51

15.77

16.52

-16.57

-13.17

15.21

33.41

12.54

9.77

11.45

9.52

Analyst Presentation Q2FY26

Executive Summary

Overview

Performance Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Provisions & profit

Particulars (₹ in Crores)

Quarter Ended

Half Year Ended

Growth (%)

Operating Profit

Loan Loss

Standard Assets

Investment Depreciation

Other Provisions

Income Tax

Total Provisions

Net Profit

Q2FY25

Q1FY26

Q2FY26

H1FY25

H1FY26

29,294

3,631

274

-2

603

6,457

10,962

18,331

30,544

31,904

4,934

-319

-48

192

6,625

11,384

19,160

4,132

1,198

-39

109

6,344

11,744

20,160

55,742

8,149

402

-668

12,421

20,376

35,367

62,449

9,066

880

-88

301

12,969

23,129

39,320

Q2FY26 over Q1FY26

4.45

-16.25

Q2FY26 over Q2FY25

8.91

13.81

H1FY26 over H1FY25

12.03

11.26

337.16

119.01

-43.42

-81.96

-4.23

3.17

5.22

-1.74

7.14

9.97

4.42

13.51

11.18

Ratios (Annualized)

Q2FY25

Q1FY26

Q2FY26

H1FY25

H1FY26

ROA (%)

ROE (%)

Earning Per Share (₹)

1.17

81.49

1.14

19.70

86.11

1.17

87.28

1.13

21.78

79.04

1.15

20.21

86.71

Analyst Presentation Q2FY26

Capital Adequacy

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Well-capitalized bank with adequate liquidity

Capital Ratios (%)

13.76

2.44

1.37

9.95

14.62

1.95

1.20

14.63

2.18

1.35

12.30

8.80

RWA to Total Assets (%)

54.00

53.01

52.81

Sep 24

Jun 25

Sep 25

11.10

11.47

Credit Risk Weighted Assets on Advances to Gross Advances (%)

58.32

56.02

55.99

Sep 24

Jun 25

Sep 25

CET-1

AT-1

Tier-2

Min regulatory CET-1 ratio

Min regulatory Total Capital ratio

Including Profits of H1FY26, total CRAR stands at 15.69% and CET-1 at 12.54%

Sep 24

Jun 25

Sep 25

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

QIP Issue – Strong Investor demand India’s Largest equity issuance at ₹ 25,000 Crores

Shares Issued

GoI holding

Allotment of new shares - 21st July 2025

New shares allotted – 30.60 crores

Listing and trading of allotted shares – 23rd July 2025

• Pre-QIP: 56.92%

• Post-QIP: 55.03%

The CRAR buffer of 3.39% above regulatory requirement can support credit growth of ~₹12.4 lakh crore

Utilisation of Funds

Analyst Presentation Q2FY26

Asset Quality

Executive Executive Summary Summary

Performance Overview Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Asset quality (1/4)

Gross NPA (₹ in Crores)

83,369

84,360

Cumulative for the Period (%)

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

76,880

78,040

76,243

Gross NPA Ratio

Net NPA Ratio

2.13

0.53

2.07

0.53

1.82

1.83

1.73

0.47

0.42

PCR (Incl. AUCA)

92.21

91.74

92.08

91.71

92.29

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

PCR

75.66

74.66

74.42

74.49

75.79

Net NPA (₹ in Crores)

Corporate PCR (Excl. AUCA)

98.34

97.24

97.75

98.67

98.68

Slippage Ratio

Credit cost

0.68

0.43

0.59

0.37

0.55

0.75

0.60

20,294

21,378

19,667

19,908

18,460

0.38

0.47

0.43

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

Analyst Presentation Q2FY26

Executive Summary

Performance Overview Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Asset quality (2/4)

Movement of NPAs:

Opening Level of Gross NPAs

Total Reductions

of which : Recovery + Upgradation

Gross Addition

of which : Increase in O/s

: Fresh Slippages

Net Increase

Q2FY25

84,226

Q3FY25

83,369

5,808

2,600

4,951

4,871

-857

3,155

1,206

4,146

324

3,823

991

Closing Level of Gross NPAs

83,369

84,360

Q4FY25

84,360

11,799

1,739

4,319

4,222

-7,480

76,880

FY25

84,276

29,520

9,211

22,124

1,306

20,818

-7,396

76,880

Q1FY26

76,880

7,239

3,253

8,398

453

7,945

1,159

78,040

Segmental NPAs:

Sep 24

Jun 25

Sep 25

Retail:

Agri.

Per Segment

SME

Corporate

International

Total

NPA

Ratio %

57,853

30,409

10,860

16,584

24,106

1,410

83,369

2.66

9.44

0.78

3.63

2.08

0.24

2.13

NPA

59,664

30,297

11,985

17,381

17,157

1,219

78,040

Ratio %

2.47

8.70

0.78

3.29

1.43

0.19

1.83

NPA

59,834

30,191

11,699

17,944

15,144

1,265

76,243

₹ in Crores

Q2FY26

78,040

6,794

2,279

4,998

244

4,754

-1,797

76,243

Ratio %

2.39

8.20

0.73

3.31

1.22

0.19

1.73

Analyst Presentation Q2FY26

Executive Summary

Performance Overview Highlights

Performance Financial Highlights Performance

Financial Capital Adequacy Performance

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Banking with a Purpose Purpose

Subsidiaries, Group Financials & Balance Sheet

Movement of NPAs and AUCA (3/4)

Movement of NPAs (incl. Advances under Collection):

Mar 23

Mar 24

Mar 25

Sep 25

₹ in Crores

Opening Level of GNPA + AUCA

2,85,358

2,65,497

2,59,478

2,48,314

Gross Addition (Increase in O/s + Slippages)

19,223

20,982

22,124

13,396

Total GNPA + AUCA + Additions

3,04,581

2,86,479

2,81,602

2,61,709

Less: Recovery / Upgradation

23,355

18,406

17,213

9,243

Less: Write-off (Removal from AUCA)

15,729

8,595

16,076

12,890

Closing Level of Gross NPAs + AUCA

2,65,497

2,59,478

2,48,314

2,39,577

Analyst Presentation Q2FY26

Executive Summary

Performance Overview Highlights

Financial Performance

Capital Adequacy

Capital Adequacy Asset Quality & Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Asset quality (4/4)

Slippages

₹ in Crores

12,774 12,699

SMA 1 & SMA 2

₹ in Crores

Accounts with exposure above ₹ 5 crore: CRILC data

SMA1

SMA2

13,732

1,840

7,903

7,945

9,552

4,871

4,754

4,222

3,823

11,891

7,424

3,333

1,046

2,128

2,287

5,025

2,097

2,928

3,762

1,992

1,769

H1FY25 H1FY26 Jun 24 Sep 24 Dec 24 Mar 25 Jun 25 Sep 25

Sep 24

Dec 24

Mar 25

Jun 25

Sep 25

Analyst Presentation Q2FY26

Digital Journey

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Accelerating digital agenda (1/6)

Digital Leadership across channels

Increasing digital adoption(%)

1% 4%

Market share across channels

(as per latest available data)

With varied payment modes

25.26%

Debit card spends

29.87%

ATMs

27.04%

Mobile Banking

No. of Transactions

22.12%

Mobile Banking

Transaction value

UPI

1,486 Cr 22.10 Cr 24.99%

Remit transactions (Numbers during Q2FY26)

Unique SBI UPI users based on account nos.

Market share in remittances

(Cumulative till Sep 25)

Debit cards

24.68 Cr

~10 Cr

~₹29 K Cr

Debit Cards

(As on 30th Sep 25)

Debit Card spend transactions

(Numbers during Q2FY26)

Debit Card spend (Amount during Q2FY26)

ATM

~1 Cr

ATM transactions per day

Sep 24

Sep 25

92%

94%

Digital* ATM & CDM BC Channel Branch

98.6%

Share of Alternate Channels

* Digital comprises of Internet, Mobile, UPI & YONO and Green Channel

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Accelerating digital agenda (2/6) Digital Presence across channels

Customer touch points

Mobile banking (Retail)

INB Customer (Retail)

No. of BC Outlets

Number of ATMs

YONO (Registered Users)

YONO Lite (Registered Users)

Unique SBI UPI users

8.1 Cr

9.3 Cr

2.6 Cr

2.7 Cr

18.0 Cr

22.1 Cr

Sep 24

Sep 25

13.2 Cr

14.5 Cr

80.3 K

79.0 K

62.7 K

62.5 K

Sep 24

Sep 25

Sep 24

Sep 25

Sep 24

Sep 25

Payment acceptance touch points

56.4L

BHIM SBI Pay QR Codes

16.5L

SBI POS

10.7L

BHIM-Aadhar-SBI

10.2L

Bharat QR

Analyst Presentation Q2FY26

Executive Summary

Performance Overview Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Accelerating digital agenda (3/6)

YONO: Driving digital agenda of the Bank

57.9 L

YONO Registration

34.9 L

Whatsapp Banking Registration

1.5 L

Digital Loans Disbursed

(YTD Sep 25)

1.3 L

PPF Accounts Opened

(Numbers)

(Q2FY26)

Digital Banking Create seamless omni- channel customer experience

(Numbers)

Cross Selling Provide one-stop shop for all financial needs

(Numbers/Amount*)

e2e Digital Loans (Disbursement Amt.)

Quick Personal Loans on the go!

(Amount)

28.18 L

SB accounts opened

78.50 L

YONO Cash

91.26 L

0.76 L

YONO Quick Pay

PPF Accounts opened

23.67 L

0.79 L

2.90 L

₹ 849 Cr

Personal Accident Insurance

New Business LI policies sold

Approved Credit Cards

Mutual Funds Gross Sales*

₹ 1,629 Cr

₹ 587 Cr

₹ 216 Cr

₹ 80 Cr

PAPL

Real Time Personal Loan

Insta Home Top Up Loan

Loan against Mutual Funds

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Accelerating digital agenda (4/6) YONO has shown growth across products and registrations

Regular SB A/C opened

(# Lakhs)

13.6%

28.2

24.8

SB Account (Out of YONO Eligible)

Opening Migration (# Percentage)

PPF A/C Opened

Approved Credit Cards

NPS A/C Opened

(# Actuals)

(# Lakhs)

(# Actuals)

308 bps

90.16%

33.6%

87.08%

56,847

75,962

2.90

50,006

75.1%

1.66

146.7%

20,274

Q2FY25

Q2FY26

Q2FY25

Q2FY26

Q2FY25

Q2FY26

Q2FY25

Q2FY26

Q2FY25

Q2FY26

~31 K

64.44%

~844

~3.2 K

~556

Daily Average SB A/C Opened in Q2FY26

SB Accounts opened through YONO in Q2FY26 (of the total opened in the Bank)

Daily Average PPF A/C Opened in Q2FY26

Daily Average Approved Cards in Q2FY26

Daily Average NPS A/C Opened in Q2FY26

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Accelerating digital agenda (5/6)

Leadership across - UPI ecosystem

Domestic

Remitter

~16.08 Cr

(Q2FY26)

Beneficiary

~6.56 Cr

Avg Txn / Day (Numbers)

2.02 L / 56.40 L

Merchant Onboarding (Q2FY26 / Cumulative upto Sept’25)

(Numbers)

Market Share

24.99% Remitter Bank

10.34% Beneficiary Bank

International

UPI Transactions on YONO

Accelerating digital growth through UPI across countries:

P2P Foreign Inward and Outward Transactions • Singapore • Nepal (Launch date is awaited from RBI/NPCI)

P2M (Merchant) Foreign Outward Transactions • Total currencies enabled: 10 (Euro, USD, GBP, MUR, SGD, NPR, LKR, AED, QAR, RMB) • Total countries covered: 29 (Nepal, Singapore, UAE, UK, USA, Sri Lanka, Mauritius,

Bhutan, Qatar, Euro (20))

Q2FY25 Q2FY26

Avg txn/day

1.75 Lakhs

3.36 Lakhs

Total UPI Users on YONO : 3.96 Cr

Analyst Presentation Q2FY26

Executive Summary

Performance Overview Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Accelerating digital agenda (6/6) YONO for Business: Growth metrics

Q2FY26

Current Account

New Digital CA

68,324

New to Digital Customers

Customers Onboarded

1,68,155

Digital 43% (Out of total CA opened)

YONO Business Payments

YB App Payments

API Banking

No. of Txns

22.10 crores

1.52 crores

82,464

Desktop Users : 35.71 lakhs# App Users: 18.15 lakhs#

# - Users registered on Desktop and App as on 30.09.2025

Value of Txns (₹)

₹ 75.10 trillion

₹ 3.4 trillion

₹ 2,667 crores

All Customer Journeys on YB eTrade are Digital

(Digital % of Total LCs / BGs issued)

Import letter of credit (IMLC)

Inland letter of credit (INLC)

89%

88%

Inland Bank Guarantee (INBG)

Export Letter of Credit (EXLC)

62%

80%

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Analytics, AI & ML

Advances Through Analytical Leads (₹ in Crores)

1,37,357

1,24,268

1,04,139

65,912

74,355

FY22

FY23

FY24

FY25

H1FY26

Digital Loans (₹ in Crores) ₹ 7,490 Cr

PAPL ₹3,551 Cr

PABL ₹2,492 Cr

RTXC ₹1,046 Cr

Insta Home Top up ₹401 Cr

CVE Commission (fee) ₹ 117 Cr

REHBU ₹ 4,322 Cr

Retail Loans ₹ 49,271 Cr

SMEBU ₹ 8,660 Cr

Besides this, significant value created through Risk Mitigation & Operational Efficiency

The Bank’s in-house Analytics Team has won an award for Best AI Solution Showcase in the CII National AI awards 2025.

ABU ₹ 12,102 Cr

Note: All Figures are for H1FY26 – Apr 25 to Sep 25

Analyst Presentation Q2FY26

Banking with a Purpose

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Financial Inclusion

No. of BC outlets

Transactions in BC Channel

Deposits in FI Accounts

3 7 2 , 0 8

1 5 2 , 7 7

2 1 8 , 6 7

3 9 9 , 8 7

45.20

47.72

2,41,812

2,50,749

3,00,000

2,40,000

1,80,000

1,20,000

60,000

Transaction Amount (₹ in Cr)

No. of Transactions (in Cr)

2.00

1,20,000

1,00,000

80,000

60,000

40,000

20,000

4,337

79,472

3,814

68,008

4,700

4,200

3,700

3,200

2,700

2,200

1,700

1,200

Deposits (₹ in Cr)

Average Balance (₹)

Sep 24 Mar 25 Jun 25 Sep 25

H1FY25

H1FY26

Sep 24

Sep 25

Market Leader Social Security Schemes (PSBs) (Share in %) (As on 30.09.2025)

47.09

PMJJBY

39.55

PMSBY

32.28

APY

Performance under Social Security Schemes

Cumulative no. in crores

APY

PMJJBY

PMSBY

Sep 24

1.60

6.26

13.66

Improvement in Ease of Banking

Passbook Printers installed at CSPs

% Share of Passbooks printed at CSPs

Sep 24

30,172

22.69

Sep 25

1.86

7.67

15.43

Sep 25

36,056

26.82

New Initiatives at CSP outlets: ❖ Re-KYC facility enabled as per directions of RBI. ❖ Activation of Inoperative accounts.

Way forward:

❖ CSP Channel is leveraged for generation of business leads for Asset Products. Collection of documents for settlement of DEAF accounts as per revised guidelines of RBI.

❖ A robust Mobile hand-held device has been launched, offering various services including Cash Deposit/ Withdrawal, Fund transfer, Loan installment Deposit, Balance Enquiry, Enrollment for Social Security Schemes, Card-based transactions, Re-KYC and Account opening (incl. RD & STDR).

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Sustainability Highlights

Financial Capital

Natural Capital

Social Capital

Human Capital

₹ 20,160 crores Net Profit in Q2FY26

₹ 94,576 crores (Fund based) ₹ 13,378 crores (Non-Fund based) Renewable Energy (RE) financed portfolio

₹ 365 crores CSR Spend during H1FY26

2,46,026 Total workforce*

₹ 44.20 lakh crores Advances

>43 GW Capacity of RE financed Portfolio

78,993 BC outlets*

28.2% Women in workforce*

₹ 55.92 lakh crores Deposits

>47 MWp Captive RE Capacity*

37,894 Candidates trained through RSETIs during Q2FY26

5,397 Persons with Disabilities / Divyang*

98.6% Share of transactions through Alternate Channels

71 Green Building Certifications*

>335 k Trees planted in open spaces and branch / office premises during H1FY26

100% All permanent Employees covered under medical benefits

* indicates values that are cumulative in nature i.e. up to 30.09.2025

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Environment

SBI’s MSCI ESG rating maintained at

FY25

SBI’s DJSI ESG rating score improved from

FY23

FY24

Impetus for Renewable Energy (RE) : Supporting growth of Fund and Non-Fund based RE projects with an associated capacity of 43,095 MW

Formation of ESG & Climate Finance Unit

• Consolidation of ESG and functions finance Climate under a dedicated unit headed by CGM to enable focused attention to support emerging climate activities finance during the transition phase.

• DMD, Chief Credit Officer is the Chief designated Sustainability Officer of the Bank.

Vision

New initiatives in ESG

• To achieve Net Zero (Scope

• ESG & CFU has been actively engaging with MDB's and DFI's for

1, 2 and 3) by 2055

Mission

To achieve by 2030:

Carbon Neutrality Scope 1 & 2 emissions.

II. At least 7.5% of domestic to be

gross advances Green advances

III. 25% of

these green advances to be funded by Green Lines of Credit

•

raising Lines of Credit FY26. In order to achieve Carbon Neutrality in internal operations by 2030, a Carbon Neutrality Roadmap with year wise reduction targets has been approved and shared with Circles/ establishments for implementation.

WSBI-ESBG SDG Awards

On 15th Oct 25, SBI won the inaugural 2025 WSBI- ESBG SDG Awards in recognition of its outstanding achievements the Sustainable advancing Development Goals and exemplifying best practices in of the following areas:

•Climate Finance •Digital Transformation and Technological Innovation •Consumer Protection

Green Building

Certification by

IGBC

71 of Bank’s official / residential buildings certified as Green Building on 30.09.2025

As on 30th September 2025

Limits sanctioned for renewable energy projects: Fund based - ₹ 94,576 crore Non-Fund based - ₹ 13,378 crore

Solar Power (Rooftop & ground mounted): Fund based - ₹ 58,731 crore Non-Fund based - ₹ 9,018 crore

Small hydro / Hydro Power: Fund based - ₹ 9,623 crore Non-Fund based - ₹ 944 crore

Wind Power, Biomass and others: Fund based - ₹ 26,223 crore Non-Fund based - ₹ 3,416 crore

Limits sanctioned for Sustainable Finance activities : Fund based - ₹ 17,588 crore Non-Fund based - ₹ 2,782 crore

Sustainable Transportation (includes E-Car loan of ₹ 3,578 crore): Fund based - ₹ 8,202 crore Non-Fund based - ₹ 1,756 crore

Green buildings: Fund based - ₹ 2,172 crore Non-Fund based - Nil

Energy Efficiency process, Waste & Pollution control and others: Fund based - ₹ 7,213 crore Non-Fund based - ₹ 1,026 crore

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Contributing to Society (1/2) Status of CSR activities as on 30.09.2025

CSR Budget utilization

Major CSR Initiatives during Q2FY26

Sr. No. Circles / Departments SBI Foundation 1 Circles 2 National / CC / Misc 3 SBI RSETIs 4 Total

CSR Expenditure

Other CSR 8%

Sports 1%

Livelihood Initiatives 6%

Healthcare & Sanitation 36%

CSR Spends of ₹ 365.46 crores up to H1FY26

Budget

Utilization

➢ Tree Plantation activities have been organized across the country

₹ in Crores

300.00 64.48 0.98 0.00 365.46

460.00 174.00 46.10 28.91 709.01

Culture 2%

resulting in 2,82,276 trees planted.

➢ Financial assistance for Relief and Rehabilitation of people affected

by Flashflood at Dharali & Harsil in Uttarakhand State.

➢ Distribution of 60,000 Re-usable Sanitary Pad Kits at various Schools

across Rajasthan.

➢ Procurement of 100 Solar Street Lights at Kothapulli & Kannivadi

Panchayat in Dindigul District, Tamil Nadu.

Education 29%

➢ Upgradation of 51 Anganwadi Centres in Katihar district of Bihar.

➢ Donation of “Lab on Wheels” for Digital Literacy Program to MMM

University of Technology, Gorakhpur, Uttar Pradesh.

Green Environment 18%

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Contributing to Society (2/2) SBI Foundation: Highlights of long-term projects

SBI Youth for India Fellowship Program

SBIF Jivanam: Healthcare

• Applications for the YFI 2025–26 batch opened on February 11, 2025, receiving 3,36,864 registrations and 76,317 applications. Following interviews across six cities, 161 Fellowships were offered, and 68 Fellows joined the batch during the Orientation Programme held at Barefoot College–SWRC, Tilonia, Rajasthan.

• The SBI Sanjeevani – Nirantar Seva project, Hon’ble Minister of Agriculture, Maharashtra; Shri Rajabhaut, implemented in partnership with Creative Group, was inaugurated; The initiative delivers emergency medical services, medicines, and timely assistance to road accident victims along the Mumbai–Nagpur Expressway.

SBI Gram Seva : Rural Development

•

Inaugurated the SBI Gram Seva program in Jhunjhunu District, Rajasthan. The project is being implemented by Arpan Seva Sanstha for integrated rural development.

• SBI Gram Seva program was launched in Kondagaon District, Chhattisgarh, implemented by Samarthan – Centre for Development Support for integrated rural development.

• Gram Seva launched the SBI Sammaan – Hom(e)age to the National Heroes project at Rudha village, Sitapur District, Uttar Pradesh, implemented by Sahbhagi Sikshan Kendra in tribute to Param Vir Chakra Awardee Shaheed Captain Manoj Kumar Pandey.

SBIF CONSERW : Environment & Sustainability

• On July 25, 2025, International Mangrove Day was observed through a virtual roundtable on “Thriving Mangrove Ecosystem,” showcasing partner NGOs’ contributions in restoring over 1,265 acres with more than 55 lakh mangrove saplings.

SBIF ACE

• On September 12, 2025, the Boccia Sports Federation of India (BSFI) organised a Boccia Awareness Programme with over 70 participants.

• SBIF Jivanam initiative to establish a modern Radiology Department at Guru Amar Dass Hospital, Ludhiana, under the Providing Medical Equipment project.

• The SBIF Jivanam: Providing Medical Equipment project was launched. • The SBI Sanjeevani – Clinic on Wheels project was inaugurated, with funding support from SBI-SG Global and implementation by Shikhar Yuva Manch (SYM).

SBIF Sashakti

• The foundation stone for the SBIF Sashakti: Construction of Girls’ Hostel Complex was laid, in partnership with Akhand Jyoti Eye Hospital and YSSACT. The initiative aims to empower rural girls in Saran, Bihar, through safe residential facilities and quality education in optometry and allied fields.

SBIF ILM : Education

• The Foundation Stone Laying Ceremony for the Tribal Girls’ Hostel at Niwali Village, Barwani District, Madhya Pradesh, was held in collaboration with AIDENT Social Welfare Organisation (ASWO) and Kasturba Gandhi National Memorial Trust (KGNMT). The project aims to provide safe and modern accommodation for 220 tribal girls, supporting their access to education in a secure environment.

Centre of Excellence (CoE) for Persons with Disabilities (PwD)

• SBI Foundation, in partnership with Dr. Reddy’s Foundation, launched the Swavlamban – Grow PwD Centre at Mysore to empower 1,330 Persons with Disabilities across five centres—Agra, Dehradun, Mysore, Pune, and Jabalpur—through employability training, career readiness modules, and sustainable livelihood opportunities over two years.

• SBIF CoE: Samagra Shiksha project launched at Narmadapuram, Madhya Pradesh, in partnership with CBM India Trust. The three-year initiative supports 200 Children with Disabilities through education and therapeutic interventions.

• SBIF CoE: Samarthya project

in partnership with Vipla Foundation. The three-year initiative supports early identification and therapy for children with hearing impairment, providing 1,250 hearing aids through the Dhvani Early Intervention Centre.

launched at Pimpri-Chinchwad

SBIF LEAP : Livelihoods

• The SBIF LEAP–I-CUBE project, in collaboration with NSRCEL, organised a webinar, titled “What Do Donors Expect from Incubation Programmes”, engaging 99 participants, including incubation managers, entrepreneurs, and stakeholders to facilitate exchange of best practices and insights to strengthen donor-supported incubation models.

• SBIF LEAP – Skilling for Future, launched with SRF Foundation at Mysore Skill Centre, to upskill 3,000 youth in IT and Green Jobs, enabling participants with market-oriented skills for sustainable careers.

• SBIF LEAP – Ma Ki Roti was launched, in Mahasamund, Chhattisgarh, in partnership with Maa Foundation to promotes women’s entrepreneurship and sustainable livelihoods by empowering SHG women to operate 15 community canteens across Odisha, Chhattisgarh and Meghalaya.

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

SBI’s Policy Framework Governance Board level committees & Policies for better control and governance

Executive Committee of the Central Board

Risk Management Committee of the Board

Audit Committee of the Board

Corporate Social Responsibility Committee

Nomination and Remuneration Committee

IT Strategy Committee

Board Committee to Monitor Recovery

Review Committee for Identification of Wilful Defaulters / Non Co-operative Borrowers

Stakeholders Relationship Committee cum Customer Service Committee

Special Committee of the Board for Monitoring Large Value Frauds

Sustainability and Business Responsibility Policy

Climate Change Risk Management Policy

Renewable Energy Policy

Policy on Issuance and Allocation of Green Deposits

ESG Financing Framework

Code of Ethics

Whistle-blower Policy

Fair Lending Practices Code

Commitment to Customers (BCSBI Code)

Business Continuity and Operational resilience Policy

Cyber Security Policy and Standards

Policy on KYC Standards, AML and CFT Measures

Anti Bribery and Anti-Corruption Policy

Sustainability Linked Loans Policy Framework

Garima Policy

Analyst Presentation Q2FY26

Subsidiaries, Group Financials & Balance Sheet

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

SBI and its subsidiaries – leveraging synergies (1/2)

As on Sep 2025 ₹ in Crores

PAT (₹ in Crores)

ROE (in %)

H1FY25

1,049

13.5

H1FY26

1,089

12.4

PAT (₹ in Crores) *

ROE (in %)

*As per Ind AS, without OCI *As per Ind AS, without OCI

H1FY25 999

15.7

H1FY26 1,001

13.9

Individual Rated Premium

Gross Written Premium

Value of New Business

CIF (In Lakh)

Spends

Receivables

9,200

8,200

7,200

6,200

5,200

4,200

3,200

2,200

8,095

8,679

50,000

45,000

40,000

35,000

30,000

25,000

20,000

15,000

10,000

5,000

% 7

35,985

42,898

3,000

2,500

2,000

1,500

1,000

500

% 9 1

2,419

2,753

250

200

150

100

% 4 1

196

215

2,00,307

1,59,022

2,50,000

2,00,000

1,50,000

1,00,000

50,000

% 0 1

55,601

59,845

% 8

% 6 2

63,000

58,000

53,000

48,000

43,000

38,000

33,000

28,000

H1FY25

H1FY26

H1FY25

H1FY26

H1FY25

H1FY26

H1FY25

H1FY26

H1FY25

H1FY26

H1FY25

H1FY26

Market Share

• Private market leadership in New Business

Premium, Individual New Business Premium and

Business Performance • Renewal Premium stands at ₹24,549 crores;

growth of 21%.

Market Share

Portfolio

• #2 player in Cards and #3 in

• ▲ 10% YoY in cards,

• PAT grew by 4% YoY and stands at ₹1,089 crores;

Spends

• ▲ 26% YoY in spends

Individual Rated New Business Premium, with

Robust solvency ratio of 1.94.

private market share of 22.2%, 25.4% and 22.6%

respectively.

• VONB stands at ₹2,753 crores with a growth of

14%.

• VONB margin stands at 27.8%. • Embedded Value stands at ₹75,997 crores; growth

of 15% with ROEV of 17.6%.

• Assets under Management ₹4,81,465 crores;

growth of 10% YoY.

• Cards-in-force in H1FY26

• ▲ 8% YoY in receivables

19.0% (H1FY25 18.7%),

• Spends 17.1%, (H1FY25

15.8%)

Profitability • During H1FY26 Revenue from Operations grew 12% YoY, PAT at ₹1,001 Crores

• During H1FY26, ROA is at 3.0%, ROE is at 13.9%

• Capital Adequacy Ratio (CAR) is at 22.5%, Tier I is at 17.5%.

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

SBI and its subsidiaries – leveraging synergies (2/2)

As on Sep 2025 ₹ in Crores

PAT (₹ in Crores)*

ROE (in %)

*As per Ind AS, without OCI

Performance Highlights

H1FY25

1,374

33.6

H1FY26

1,586

32.0

PAT (₹ in Crores)

ROE (in %)

Gross Written Premium

6,666

7,376

H1FY26

422

17.3

H1FY25

414

19.0

AUM

19,833

22,399

• SBIFML has been the largest player in the market since Q4FY20. As on Sep 2025, SBIMF has a

quarterly Average AUM of ₹12.00 Lakh crores with a market share of 15.55%. The second largest

player has a market share of 13.15%.

• SBIMF Quarterly average Mutual Fund AUM grew by ₹1.01 lakh crores from ₹10.98 lakh crores in

Q2FY25 to ₹12.00 lakh crores in Q2FY26.

Group

PAT (₹ in Crores)

ROE (in %) (Annualised)*

H1FY25

H1FY26

668

27.9

820

28.8

* ROE is calculated without considering Fair value gain routed through OCI.

Performance Highlights

• PA&SF Group: Ranked No.1 Local Currency Loans (Mandated Lead Arranger). Market share of

48.29% (H1FY26)

• DCM: Ranked No.6 for Debt Private placement of bonds in H1FY26 as per the Bloomberg league

table.

• ECM: Ranked No.4 in the ECM league table for the amount of issues done in H1FY26.

% 1 1

% 3 1

H1FY25

H1FY26

H1FY25

H1FY26

Performance Highlights

• Ranked 6th amongst the Private players in H1FY26

• SBIG Private Market Share is 6.83% in H1FY26 as against 6.45% in H1FY25

• Overall accretion of ₹616 crores in H1FY26 over H1FY25

• No. 1 player in Personal Accident segment amongst Private players.

•

Increased Market share in Motor, Health, PA, Engineering and Liability LOB’s

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Regional Rural Banks Sponsored by SBI

Performance Highlights – Q2FY26

9 RRBs operating in 9 States

Network of 4,141 branches in 194 districts

• Deposits at ₹ 1,36,626 crores ▼ 0.56% YoY

• Gross NPA ▼ 101 bps YoY at 2.67%

• CASA ▼ 169 bps YoY at 51.10%

• Net Profit of ₹ 1,424 crores ▲ 3.26% YoY

• Gross Advances at ₹ 1,15,546 crores ▲ 10.43% YoY

• ROA ▲ 3 bps YoY at 1.50%

• CD Ratio ▲ 842 bps YoY at 84.57%

• PCR ▲ 83 bps YoY at 87.14%

• NIM ▼ 26 bps YoY at 3.76%

• ROE ▼ 101 bps YoY at 15.33%

The figures reflect comparison of performance pertaining to 9 RRBs (post amalgamation) as against 14 RRBs. SBI sponsored 5 RRBs merged with RRBs of other sponsored Banks as per GOI’s “One State One RRB” concept w.e.f. 01st May 2025.

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

SBI group financials – H1FY26

Particulars (₹ in Crores)

Half Year Ended

Growth (%)

Particulars

Half Year Ended

H1FY25

H1FY26

Interest Earned

2,39,287

2,53,769

Non-Interest Income*

76,640

92,147

Total Income

3,15,927

3,45,916

Interest Expended

1,45,320

1,56,269

Operating Expenses (i+ii)

1,06,712

1,20,011

(i) Employee Cost

(ii) Other Operating Expenses

33,141

73,572

36,837

83,174

Total Expenditure

2,52,032

2,76,280

Operating Profit

Provisions (other than Tax)

Add: Share in profit of associates

Less: Minority Interest

Tax Expenses

Net Profit

63,896

9,993

69,636

11,750

759

851

1,552

14,002

39,108

1,643

14,755

42,339

YoY

6.05

20.23

9.49

7.53

12.46

11.15

13.05

9.62

8.98

17.58

12.10

5.90

5.38

8.26

ROA (%)

ROE (%)

Earning Per Share (₹)

Expenses Ratio (%)

NIM (%)

Gross NPA Ratio (%)

Net NPA Ratio (%)

H1FY25

H1FY26

1.14

21.80

87.40

48.69

3.24

2.13

0.52

1.13

19.65

93.36

48.20

3.05

1.73

0.42

* Includes one-time profit of ₹3,027 crores (net of adjustment as per Accounting Standard 23) on account of stake sale in Yes Bank in Q2FY26

Analyst Presentation Q2FY26

Executive Summary

Performance Highlights

Financial Performance

Capital Adequacy

Asset Quality

Digital Journey

Banking with a Purpose

Subsidiaries, Group Financials & Balance Sheet

Balance sheet Liabilities

Capital

Reserves and Surplus

Minority Interest

Deposits

Borrowings

Other Liabilities & Provisions

Total Liabilities

Assets

Cash & balances with RBI

Bal with Banks & Money at Call and Short Notice

Investments

Net Advances

Fixed Assets

Other Assets

Total Assets

SBI SOLO

SBI GROUP

Sep 25

YOY Growth (%)

Sep 24

Sep 25 YOY Growth (%)

₹ in Crores

3.43

23.52

9.27

7.47

12.76

10.19

892

4,62,157

17,762

923

5,68,389

19,613

51,71,743

56,55,559

6,06,663

7,04,118

6,50,303

7,78,612

69,63,335

76,73,400

3.43

22.99

10.42

9.35

7.19

10.58

10.20

SBI SOLO

SBI GROUP

Sep 25

YOY Growth (%)

Sep 25 YOY Growth (%)

Sep 24

2,64,389

90,583

21,62,001

39,43,994

45,239

4,57,130

2,73,477

1,40,166

22,76,621

44,57,752

54,363

4,71,020

3.24

66.15

3.76

13.07

20.91

3.16

10.19

3.44

54.74

5.30

13.03

20.17

3.04

10.20

Analyst Presentation Q2FY26

63,41,459

69,87,469

69,63,335

76,73,400

Sep 24

892

4,18,667

923

5,17,136

51,17,285

55,91,700

5,58,816

2,45,799

6,00,551

2,77,158

63,41,459

69,87,469

Sep 24

2,64,028

72,074

16,65,511

38,57,423

43,084

4,39,339

2,72,575

1,19,753

17,28,080

43,61,737

52,094

4,53,229

Thank You

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