SBI Hands Over ₹8,813 Crore Dividend Cheque to Government for FY26

State Bank of India (SBI) has presented a dividend cheque of ₹8,813 crore for FY26 to Union Finance Minister Nirmala Sitharaman. The dividend distribution follows the bank's declaration of a dividend of ₹17.35 per equity share for the financial year ended March 31, 2026. 

SBI Pays ₹8,813 Crore Dividend to Government 

The dividend cheque was handed over by SBI Chairman C S Setty to the Union Finance Minister. The Government of India is the largest shareholder in SBI, holding around a 55% stake in the public sector lender. 

The dividend payout comes after the bank reported its financial performance for FY26 and announced a dividend of ₹17.35 per equity share. 

SBI Financial Performance 

SBI reported a net profit of ₹80,032 crore for FY26, up 12.88% year-on-year. For the quarter ended March 2026, the bank posted a net profit of ₹19,684 crore. 

Operating profit increased 11.25% YoY to ₹1,23,015 crore during FY26, while net interest income (NII) rose 4.08% compared with the previous financial year. 

The bank reported a return on assets (ROA) of 1.12% and a return on equity (ROE) of 18.57% for FY26. 

Read More: SBI Mutual Fund Acquires 1.27% Stake in Adani Enterprises and ₹958 Crore Worth Shares in Adani Energy Solutions 

SBI Business and Asset Quality Update 

SBI's overall business crossed ₹109 lakh crore during FY26, with total deposits of ₹59.8 lakh crore and advances of ₹49.3 lakh crore. The bank's agriculture portfolio also crossed ₹4 lakh crore during the year. 

On the asset quality front, the gross non-performing asset (NPA) ratio improved to 1.49%, while the net NPA ratio stood at 0.39% at the end of FY26. 

SBI Share Price Performance 

On June 9, 2026, SBI share price closed at ₹1,002.85 per share, up 2.13% on the BSE. The company's current market capitalisation stands at ₹9,25,692.48 crore. 

Conclusion 

SBI has paid a dividend of ₹8,813 crore to the Government of India for FY26 following the declaration of a ₹17.35 per equity share dividend. The payout comes after the bank reported growth in profit, operating performance, business size, and asset quality during the financial year. 

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