Archive · 10 Jun 2025

SBI Pays Over ₹8,000 Crore Dividend to Government

SBI Pays Over ₹8,000 Crore Dividend to Government

SBI, a big bank in India, gave the government over 8000 crore rupees.

This money is a dividend, which is like a share of the bank's profits.

The money was handed over on June 9, 2025.

Although the bank's profit went down a bit in the last quarter, its overall profit for the year went up.

The bank's board also approved raising capital and declared a dividend of Rs 15.90 per share.

Sources