Athira Sethu
Kochi, 17 Nov 2025
Two of India’s largest banks, State Bank of India and HDFC Bank, have released their Q2 FY26 results, showcasing some interesting differences.
Here is a snapshot:
Net Profit Growth
| Bank | Net Profit (Q2 FY26) | YoY Growth |
| State Bank of India (SBI) | ₹21,504.5 crore | 6.4% ↑ |
| HDFC Bank | ₹18,641.28 crore | 10.8% ↑ |
Net Interest Income (NII)
| Bank | NII (Q2 FY26) | YoY Growth |
| State Bank of India (SBI) | ₹42,984 crore | 3.28% ↑ |
| HDFC Bank | ₹31,551.5 crore | 4.8% ↑ |
Net Interest Margin (NIM)
| Bank | NIM (Domestic) | YoY Change |
| State Bank of India (SBI) | 3.09% | -18 bps |
| HDFC Bank | 3.27% | -23 bps |
Asset Quality (Gross and Net NPA)
| Bank | Gross NPA | Net NPA | Improvement |
| State Bank of India (SBI) | 1.73% | 0.42% | Gross NPA down by 40 bps, Net NPA down by 11 bps YoY |
| HDFC Bank | 1.24% | 0.42% | Gross NPA down by 20 bps, Net NPA flat YoY |
Advances and Deposits Growth
| Bank | Gross Advances | Deposit Growth |
| State Bank of India (SBI) | 12.73% ↑ | 9.27% ↑ |
| HDFC Bank | 9.9% ↑ | 12.1% ↑ |
