October 23, 2026 12:19 am (IST)
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SBI
SBI chairman presents cheque to Union Finance Minister Nirmala Sitharaman. Photo: Nirmala Sitharaman/X

SBI's record profit bonanza! Govt receives ₹8,813 crore dividend

| @indiablooms | Jun 09, 2026, at 11:17 am

Mumbai/IBNS: State Bank of India (SBI) on Monday handed over a dividend cheque of ₹8,813 crore to the Government of India for the financial year 2025-26, reflecting the lender's strong financial performance during the period.

SBI Chairman C.S. Setty presented the cheque to Union Finance Minister Nirmala Sitharaman.

The dividend payout marks an increase of about 9 percent from the ₹8,076.84 crore paid by the country's largest lender in the previous fiscal.

The payout follows SBI's record-breaking performance in FY26, during which the bank reported its highest-ever annual net profit of ₹80,032 crore.

Strong Financial Performance

SBI's operating profit rose to ₹1.23 lakh crore in FY26, registering an increase of 11.3 percent over the previous year.

The bank's total business crossed ₹109 lakh crore, driven by healthy growth in both deposits and advances. Deposits grew 11 percent year-on-year to ₹59.76 lakh crore, while advances expanded 16.9 percent to ₹49.33 lakh crore.

SBI also reported a significant improvement in asset quality, with its gross non-performing assets (GNPA) ratio declining to 1.49 percent.

The bank maintained a strong capital position, with its Capital Adequacy Ratio (CAR) standing at 15.40 percent and the Common Equity Tier-1 (CET-1) ratio at 12.29 percent.

The board had recommended a dividend of ₹17.35 per equity share for FY26, reflecting the lender's robust profitability and capital strength.

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