State Bank of India is set to achieve another major milestone, with its home loan portfolio expected to cross Rs 10 trillion in the next financial year, driven by strong housing demand and a supportive low interest rate environment. SBI Chairman C S Setty said the bank’s home loan book has already crossed Rs 9 trillion, making it the largest single business unit of the bank and accounting for over 20 per cent of its total assets.
With an annual growth rate of around 14 per cent, SBI is on track to reach the Rs 10 trillion mark in the next fiscal, he said. The bank closed FY25 with a home loan portfolio of Rs 8.31 trillion, registering a 14.4 per cent year-on-year growth, while gross NPAs in the segment remained low at 0.72 per cent.
SBI has steadily expanded its home loan book from Rs 1 trillion in March 2011 to over Rs 9 trillion in November 2025. The bank has also maintained asset quality through proactive monitoring, keeping NPAs below 1 per cent.
Setty said momentum in the Retail, Agriculture and MSME (RAM) segment, which accounts for 67 per cent of SBI’s total loan portfolio and has crossed Rs 25 trillion, is expected to drive overall credit growth of 14 per cent this fiscal. He added that MSME loans are growing at 17–18 per cent, while retail and agriculture loans are expanding at around 14 per cent, with healthy growth also seen in gold loans and unsecured personal loans.