“SBI shares declined after Q4 results missed market expectations. NII moderated due to yield pressure from corporates shifting to T-bill-linked borrowings, while profitability was impacted by higher MTM losses and a slight uptick in agriculture-related slippages. However, the bank maintained its guidance of 13–15% credit growth and NIMs above 3%. SBI remains well-positioned as a leading PSU bank, backed by improving asset quality, strong balance sheet strength, and long-term opportunities from India’s infrastructure and energy capex cycle.”