SBI pays ₹8,076.84 crore dividend to Govt for FY25

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SBI pays ₹8,076.84 crore dividend to Govt for FY25

The dividend cheque was introduced to Finance Minister Nirmala Sitharaman by SBI Chairman C.S. Setty within the presence of Financial Services Secretary M Nagaraju and Finance Secretary Ajay Seth.
| Photo Credit: ANI

The nation’s largest lender State Bank of India (SBI) on Monday paid a dividend of ₹8,076.84 crore to the federal government for the monetary 12 months 2024-25.

The dividend cheque was introduced to Finance Minister Nirmala Sitharaman by SBI Chairman C.S. Setty within the presence of Financial Services Secretary M Nagaraju and Finance Secretary Ajay Seth.

“Smt @nsitharaman receives a dividend cheque of ₹8,076.84 crore for FY 2024-25 from Shri C S Setty, Chairman-@TheOfficialSBI,” the finance minister’s workplace mentioned in a publish on X.

SBI declared a dividend of ₹15.90 per share for the monetary 12 months 2024-25, increased than ₹13.70 per fairness share distributed for the earlier 12 months. SBI had paid a dividend of ₹6,959.29 crore to the federal government final 12 months.

During 2024-25, the financial institution earned a file internet revenue of ₹70,901 crore, as towards ₹61,077 crore within the previous 12 months, registering a 16 enhance.

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