Preview: State Bank of India to lead with strong loan growth, stable margins

State Bank Of India

07/08/2026 08:13

** State Bank of India SBI.NS shares slip 0.18% to 1,083.40 ahead of Q1 results
** Nomura expects loan growth to remain intact for SBI with stable asset quality; monitoring NIM trajectory and credit cost outlook
** Jefferies says SBI targets keeping NIM stable in quarter by repricing loans
** SBI's high proportion of low-cost current and savings account gives it funding-cost advantage vs peers, helping maintain NIM around 3%--Nuvama
** Nuvama expects SBI to benefit from RBI's measures on foreign currency non-resident deposits
** YTD, stock up 10.47% vs 3.13% decline in Nifty Bank Index .NSEBANK 

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com; (+91) 8296756080))