The country’s largest lender, State Bank of India (SBI) , on Tuesday reported a 10 per cent year-on-year (y-o-y) rise in net profit for the quarter ended September at ₹20,160 crore. This was led by an one-time gain of ₹4,593 crore following SBI’s stake sale in YES Bank.

In September, SBI divested its 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corp (SMBC) for ₹8,889 crore.

SBI’s net interest income or core income was up 3 per cent y-o-y at ₹42,984 crore, while other income was up 30 per cent to ₹19,919 crore, boosted by the one-time gain of YES Bank stake sale. Net interest margin was also up 2.97 per cent in Q2.

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Published on November 4, 2025 Companies to follow

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