State Bank of India (SBI) presented a dividend cheque of ₹8,813 crore to the Government of India for FY 2025–26

State Bank of India (SBI) presented a dividend cheque of ₹8,813 crore to the Government of India for FY 2025–26

¨     State Bank of India (SBI) presented a dividend cheque of ₹8,813 crore to the Government of India for FY 2025–26.

¨     The dividend cheque was handed over by SBI Chairman C.S. Setty to Union Finance Minister Nirmala Sitharaman in New Delhi.

¨     SBI is the largest Public Sector Bank (PSB) in India.

¨     The Government of India holds approximately 55% stake in SBI.

¨     A dividend is the portion of a company's profit distributed to its shareholders.

¨     Since the Government of India is SBI's largest shareholder, it receives the largest share of the dividend.

¨     SBI's Central Board declared a dividend of ₹17.35 per share for the financial year ended 31 March 2026.

¨     The declared dividend was paid on 4 June 2026.

¨     SBI reported a net profit of ₹80,032 crore in FY 2025–26.

¨     The bank's net profit increased by 12.88% compared to the previous financial year.

¨   SBI's operating profit increased to ₹1,23,015 crore, registering an 11.25% year-on-year growth.

¨   The ₹8,813 crore dividend paid for FY 2025–26 was higher than the ₹8,076.84 crore dividend paid to the Government of India for FY 2024–25.