Mumbai: India’s largest public sector lender, the State Bank of India (SBI), posted a notable rise in net profit for the quarter ending September 2025, driven by the sale of its stake in Yes Bank and a steady rebound in lending margins. The result underlines the bank’s resilience amid a challenging interest rate environment and its ability to capitalize on strategic investments.

SBI reported a net profit of ₹201.6 billion (approximately USD 2.29 billion), up from ₹183.31 billion in the same period last year. The impressive increase was primarily due to the divestment of a 13.2% stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation for ₹88.89 billion in September. This transaction contributed a one-time profit of ₹45.93 billion, significantly boosting the bank’s quarterly earn

See Full Page