State Bank Of India : Board Meeting OutcomeЁЯСитАНЁЯТ╝
Summary:
Q1 FY27 Consolidated Results YoY: NII at 53993 Cr vs 47297 Cr, up 14.2%. PPOP at 38632 Cr vs 34493 Cr, up 12.0%. PAT after minority interest at 24113 Cr vs 21201 Cr, up 13.7%.
Retail banking was the key segment driver, with segment profit up 18.1% YoY, while treasury segment profit declined 17.5%; corporate/wholesale banking profit increased 25.7%. SBI transferred its 11522 Cr Investment Fluctuation Reserve balance to general reserves following RBIтАЩs discontinuation of the IFR requirement.