Svetlana Viktorovna Babanina (Russian: Светлана Викторовна Бабанина; born 4 February 1943) is a retired Soviet swimmer who competed at the 1964 and 1968 Summer Olympics.

Babanina won the 200 m event at the 1965 Universiade; she competed at the European Championships in 1962 and 1966, but did not medal.

Domestically she won five titles: in the 400 m individual medley (1962 and 1963), 4 × 100 m freestyle relay (1963) and 100 m and 200 m breaststroke (1964).

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