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SBI flags margin pressure while highlighting steady loan demand
During its Q3 results meet, SBI highlighted resilient asset quality, margin pressures, steady loan demand, and a cautious outlook amid deposit costs and global uncertainties.
State Bank of India outlined its Q3 performance during the results meet, highlighting stable asset quality, controlled credit costs, and steady loan growth. Management said margins faced pressure from higher deposit costs, but strong retail and corporate demand supported advances. SBI also emphasized progress in digital banking, deposit mobilisation, and cautious outlook on inflation, interest rates, and global uncertainties impacting credit growth in coming quarters.