Bank of India has reported an increase in fresh slippages during the third quarter, with the figure rising to ₹10.90 billion compared to ₹8.90 billion in the previous quarter. This sequential increase highlights growing asset quality challenges for the public sector lender.

Asset Quality Performance

The bank's asset quality metrics show a deteriorating trend with fresh slippages increasing on a quarter-on-quarter basis. The following table summarizes the key asset quality indicators:

Impact on Banking Operations

Fresh slippages represent loans that have transitioned from the standard category to non-performing assets during the reporting period. This metric serves as a crucial indicator of asset quality deterioration and reflects the bank's lending portfolio performance. The sequential increase of ₹2.00 billion suggests heightened stress in the bank's loan book during the third quarter.

Quarterly Comparison

The quarter-on-quarter comparison reveals a significant uptick in asset quality stress. The increase from ₹8.90 billion to ₹10.90 billion represents a growth of approximately 22.47% in fresh slippages, indicating challenges in maintaining asset quality standards during the reporting period.

This development in fresh slippages will likely impact the bank's overall asset quality ratios and may influence provisioning requirements for the quarter. The trend reflects the ongoing challenges faced by public sector banks in managing their loan portfolios effectively.

State Bank of India , India's largest lender, has scheduled the announcement of its third-quarter financial results for February 7, 2026. The bank's central board will meet in Mumbai to consider and approve the financial results for the quarter ended December 31, 2025, according to an exchange filing.

Results Announcement and Analyst Meet

Following the Q3FY26 results declaration, State Bank of India will conduct an analyst meet on the same day at 5 pm. The meeting will be held at the State Bank Bhavan Auditorium, providing stakeholders with an opportunity to discuss the bank's quarterly performance and strategic outlook.

Trading Window Closure

In accordance with its Code of Conduct for Prohibition of Insider Trading, State Bank of India has implemented a trading window closure for designated persons and their immediate relatives or dependents. The restrictions came into effect from January 1, 2026, and will remain in place until 48 hours after the declaration of the Q3 results.

Previous Quarter Performance

State Bank of India demonstrated strong performance in the second quarter with robust financial metrics. The bank's operational efficiency and asset quality improvements reflected its solid fundamentals during the period.

The bank's net interest income of ₹42,985.00 crore exceeded analyst estimates of ₹40,766.00 crore, while net profit of ₹20,160.00 crore surpassed Street expectations of ₹17,048.00 crore. Asset quality remained stable with continued improvement in both gross and net non-performing assets ratios.

Market Performance

Shares of State Bank of India ended marginally lower on Wednesday, January 21, declining 0.67% to close at ₹1,029.45 on the NSE. The upcoming quarterly results announcement is expected to provide further insights into the bank's operational performance and strategic direction for the remaining fiscal year.