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.
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 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.
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.
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.
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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Published on: Jun 9, 2026, 6:47 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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