State Bank of India Financial Outlook

Confident of 3% NIM even with 25 bps repo cut; treasury income outlook mixed due to hardened yields. Q4 FY26 earnings expected softer on margin pressure; recruited 505 POs in June 2026; reintroducing 'Amrit Vrishti' 444-day FD at lower rates. PSL challenges persist; deposit market share 22.55%, advances 19.06% FY24.