State Bank of India's net interest margin amounted to 2.83% in the third quarter of 2019, up from 2.65% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 3.12% in 4Q2012 and an all time low of 2.28% in 2Q2017. The average margin in the last six quarters amounted to 2.64%.
Average asset yield was 6.99% in 3Q2019, up from 6.83% when compared to the same period last year. On the other hand, cost of funding amounted to 4.45% in 3Q2019, down from 4.55%.