SBI has also projected return on assets (ROA) of 0.9-1 per cent by FY20 against -0.19 per cent in FY18. It further sees net interest margin of over 3 per cent by March 2020 against 2.67 per cent at the end of 2017-18. "Performance of SBI should be looked at after H1 FY19," Kumar told ETNow. Credit cost may decline to less than 1.1 per cent, from 3.62 per cent during the same period.For the fourth quarter to March 2018, SBI posted a record net loss of Rs 7,718 crore against Rs 3,442 crore in the same period last year. Asset quality also worsened during the quarter, with percentage of gross non-performing assets jumping to 10.91 per cent over 10.35 per cent and 6.90 per cent in Q3 FY18 and Q4 FY17, respectively.Shares of State Bank of India have jumped only 29 per cent during the past five years.

Source: Economic Times June 01, 2018 08:56 UTC