SBI Q4 Results 2022: India's largest public lender State Bank of India (SBI) reported its highest quarterly net profit of Rs 9114 cr in quarter ended 31 March 2021, it said in its filing to the exchanges. The results were announced during market hours. SBI shares were trading at Rs 465.30 on the NSE, up over 0.6 per cent from the last cloing price on Thursday.  
witnessing a growth of 41.28% YoY. Net profit for FY22 grew by 55.19% YoY to Rs.

Here are key highlights:

  1. Net profit for FY22 grew by 55.19% YoY31,676 crores.
  2. Return on Equity (RoE) as at the end of FY22 stands at 13.92% which is higher by 398 bps YoY.
  3.  Domestic NIM for Q4FY22 increased by 29 bps YoY at 3.40%.
  4.  Net Interest Income (NII) for Q4FY22 increased by 15.26% YoY.
  5.  Operating Profit for FY22 grew by 5.22% YoY to Rs. 75,292 crores; while Operating Profit for Q4FY22 at Rs. 19,717 crores.
  6.  Whole Bank Advances grew by 11.00% YoY. Domestic Advances growth stood at 10.27% YoY primarily driven by growth in Retail Personal Advances (15.11% YoY). Foreign Office Advances grew by 15.42% YoY.
  7. Retail Portfolio crosses Rs. 10 lakh crore. Home loan, which constitutes 23% of Bank’s domestic advances, has grown by
  8. 11.49% YoY.
  9. Corporate Loans has also registered growth of 11.15% QoQ during Q4FY22.
  10. Total Deposits grew at 10.06% YoY. Saving Bank Deposits grew by 10.45% YoY while Term Deposit grew by 11.54% YoY.
  11. CASA Deposit grew by 7.78% YoY with CASA ratio of 45.28% as on 31st March 22.
  12. Gross NPA ratio down by 101 bps YoY at 3.97%, while Net NPA ratio down by 48 bps YoY at 1.02%.
  13. Provision Coverage Ratio (PCR) improved by 416 bps YoY at 75.04%. PCR (Incl. AUCA) stands at 90.20%.
  14. Slippage Ratio for Q4FY22 stands at 0.43%.
  15. Credit Cost for Q4FY22 stands at 0.49%.
  16. Cost to Income Ratio for FY22 down by 29 bps YoY at 53.31%. Cost to Income Ratio is lower by 27 bps YoY at 54.23% during Q4FY22.
  17. Capital Adequacy Ratio (CAR) as at the end of Q4FY22 stands at 13.83%
  18. Return on Assets (RoA) increased by 19 bps YoY to 0.67%.
  19. Share of Alternate Channels in total transactions has increased from 93.2% in FY21 to 95.5% in FY22