On Monday, SBI President CS Setty handed over the check to Finance Minister Nirmala Sitharaman. Financial Services Secretary M Nagaraju and Finance Secretary Ajay Seth were also present during the handover.
The Finance Minister’s Office shared this development in one post on X.
“SMT @Ensheetharaman receives a dividend check of Rs 8076.84 crore for the financial year 2024-25, Mr CS Setty, President- @Theophishisbi,” the post said.
For this financial year of 224-5, the SBI announced a dividend of 90.90 per share in the previous year compared to the equity shares per equity shares. Last year, the SBI had given a dividend of Rs. 6,959.29 crore to the government. The bank had recorded a record net profit in 2024-25 compared to 61,077 crore compared to the previous year. This is an increase of 16 percent in the annual profit.
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