SBI has reported a net profit of Rs 3,955 crore on the back of domestic credit growth, lower overhead expenses, amongst other reasons. Its operating profit grew by 7.40% YoY from Rs 11,755 crore in the same quarter last year to Rs 12,625 crore in Q3FY19, due to growth in net interest income and low growth in overhead expenses. In the 9 months ending at 31 December 2018, SBI registered a net profit of Rs 24 crore and Operating Profit declined by 11.75% YoY. Metrics across digital channels Digital Share of transactions via “alternate channels” increased to 87.75% during December 2018, up from 83.47% during September 2018, and 83.80% during December 2017. 7% via Internet banking (down from 20.8% - all figures below are YoY) 13.4% on PoS terminals and e-commerce (up from 13%) 1.5% on mobile banking (up from 1.1%) 31.9% on ATM/CDM (down from 36.4%) 5.4% via banking correspondents (up from 5.1%) UPI and YONO were 11.3%, up from 1.9% a year ago Merchant count SBI had 25.75 lakh Merchant Payment Acceptance Touch Points of which: 1,29,564 are BHIM merchants 3,78,115 are Bharat QR merchants 6,04,403 are Bhim-Aadhaar-SBI merchants 5,77,288 are SBI PSPL merchants 8,85,314 are BHIM SBI Pay merchants Users and outlets 57.3 million internet banking users 13.26 million mobile banking users 58,350 ATMs/CDNs 58,210 backchannel outlets 22,090 branches YONO Registered users – 53.66 lakhs Value of Transactions – 5745.96 crore in Q3FY19 Digital & Insta Accounts – 19.62 lakhs Online Marketplace (OMP) – 88 partners live…
