
India's largest public sector bank State Bank of India (SBI) has announced its final dividend along with its fourth quarter results. SBI has announced a dividend of Rs 15.90 per share as per its filing.
SBI said in a release, “Regulation 42 and SEBI (listing obligation and disclosure requirements) Regulations, according to other applied provisions of 2015, we inform that the central board of the bank has declared a dividend of Rs 15.90 on the equity share (ie 1590%) for the year ended at Rs 1.03.2025 in its meeting held today.” SBI dividend record date
The record date for determining the eligibility of members entitled to get dividends on equity shares is 16.05.2025 and according to the regulation of the State Bank of India General Regulation, 1955, the register of members of the State Bank of India will be closed from 17.05.2025 (Monday) in view of payment of dividend for the financial year 2024-25 (1) in view of payment of dividends for the financial year 2024-25. The date of dividend payment has been fixed at 30.05.2025.
SBI registered an increase of 17.89 percent in the operational profit in the last financial year (FY 25), which crossed Rs 1.10 lakh crore, while the operational profit for the fourth quarter increased by 8.83 percent (year-on-year) to Rs 31,286 crore. SBI's net profit in FY 25 was Rs 70,901 crore, which shows an increase of 16.08 percent (year-to-year) according to the stock exchange filing. Post -tax benefits (PAT) increased to Rs 20,698 crore in the fourth quarter, which was Rs 16,891 crore in the previous quarter (third quarter). The net interest income (NII) increased by 4.43 percent for FY 25. For the quarter, net interest income, or main income increased by 2.7 percent to Rs 42,775 crore.
-
‘I Send Blessings And Love’: Raj Nidimoru’s Wife Shhyamali De Shares Cryptic Post After Samantha Ruth Prabhu And Filmmaker’s Pictures Go Viral
-
TNUSRB SI Recruitment 2025: Correction Process Ends Today At tnusrb.tn.gov.in; Details Here
-
EXIM Bank pegs overall merchandise exports to grow 3 pc to USD 113.7 bn in Apr-Jun
-
US retail sales little changed, signs of pullback after pre-tariff rush
-
Group that opposed OpenAI's restructuring raises concerns about new revamp plan