New Delhi: The country’s biggest lender State Bank of India (SBI) on Monday paid a dividend of Rs 8,076.84 crore to the government for FY25.
The dividend cheque was presented to Finance Minister Nirmala Sitharaman by SBI Chairman C S Setty in the presence of Financial Services Secretary M Nagaraju and Finance Secretary Ajay Seth.
“Smt @nsitharaman receives a dividend cheque of Rs 8076.84 crore for FY 2024-25 from Shri C S Setty, Chairman-@TheOfficialSBI,” the finance minister’s office said in a post on X.
State Bank of India declared a dividend of Rs 15.90 per share for FY25, higher than Rs 13.70 per equity share distributed for the previous year.