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SBI Declares Record Rs 8,813 Crore Dividend
8 Jun
Summary
- SBI presented an Rs 8,813 crore dividend cheque for FY26.
- The bank reported a net profit of Rs 80,032 crore for FY26.
- Gross NPA ratio improved to 1.49% and net NPA to 0.39%.
The State Bank of India (SBI) has formally presented a dividend cheque amounting to Rs 8,813 crore to Union Finance Minister Nirmala Sitharaman. This payment represents the bank's earnings for the financial year 2025-26 and was handed over by SBI Chairman C S Setty.
This substantial dividend payout is a direct result of SBI's strong financial performance throughout FY26. The bank achieved a notable net profit of Rs 80,032 crore, marking a significant year-on-year increase. Its operating profit also saw a healthy rise, underscoring robust business expansion.
SBI's asset quality also exhibited marked improvement over the fiscal year. The gross non-performing asset (NPA) ratio declined to 1.49%, and the net NPA ratio saw a reduction to 0.39%. These improvements in asset quality, coupled with strong profitability and business growth, collectively contributed to the bank's capacity for this substantial dividend distribution.
