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BankingMedium impactAfter close

State Bank of India targets 3% net interest margin guidance

after close1 source ↓written by the desknot a recommendation

even
3% net interest margin
in the upcoming
0.25%
of the bank's
30%

State Bank of India aims for a 3% net interest margin even if the Reserve Bank cuts the repo rate by 0.25% in the upcoming policy review. Only 30% of the bank's assets are linked to the repo rate, limiting the impact of any rate cut on its earnings. This confidence may support investor sentiment in the banking sector.

• Chairman Setty's assurance on margin stability

• Minimal reprice impact due to asset linkage

• Potential for sustained profitability despite rate changes

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 26 Nov 2025, 16:06 IST.

Sourcesnews.google.com

The market after the news

SBIN closed −1.1% on the day of the news, from ₹983.90 to ₹972.85; Nifty 0.0% over the same session; futures OI +2.0%.

Bulletin at 16:06 IST on 26 Nov 2025. Every change is measured from ₹983.90, the last close before it, on 26 Nov. Nifty 50 is measured over the same sessions.

  • SBIN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
SBIN closes around the bulletin against the close before the news, with Nifty 50 rebased to it913.85983.901054axis spans 15%before the news · 26 Nov983.90Nifty 50SBINbulletinD0+1+3+520 Nov2 Dec11 DecFutures open interest, lotspeak 1.1 LReference close ₹983.90. 16 sessions from 20 Nov to 11 Dec; the price axis spans 15 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before26 Nov₹983.90basebase
On the day27 Nov₹972.85▼ −1.1%0.0%−1.2 pp difference
+1 session28 Nov₹979.00▼ −0.5%0.0%−0.5 pp difference
+3 sessions2 Dec₹967.30▼ −1.7%▼ −0.7%−1.0 pp difference
+5 sessions4 Dec₹948.10▼ −3.6%▼ −0.7%−3.0 pp difference
Gap at the open, % · ₹
▲ +0.3%+2.75 on 27 Nov
Day's range, % · ₹
2.0%≈ 20 high to low
Volume on the day
1.11×the 20-session average
Futures OI on the day
▲ +2.0%+1,800 lots · short build-up · price −1.1%
Futures OI open, lots
91,00027 Nov · 30 Dec expiry
Futures premium, ₹
+6.65+0.7% to spot
Puts per call, by OI
0.77from 0.94 the session before
Max pain
980from 980 the session before

Source NSE UDiFF bhavcopy · SBIN on the desk →

Thread · SBINAll SBIN bulletins →

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