Analyzing Financial Performance of SBI in Q3 2024

The analysis highlights robust financial growth, with an 84.32% YoY rise in profits to ₹16,891 crore and improved ROA at 1.04%. Balance sheet strength is evident through 13.49% credit growth, CASA ratio at 39.2%, and controlled asset quality metrics, including GNPA at 2.07%. Operational efficiency is reinforced by a 15.81% increase in operating profit and significant digital adoption (98.1% transactions via alternate channels). Capital adequacy remains strong at a CAR of 13.03%. Key metrics...