SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives cheque

The cheque was handed over to Finance Minister Nirmala Sitharaman by SBI Chairman C S Setty on Monday. The finance minister’s office shared the development in a post on X. "Smt Nirmala Sitharaman receives a dividend cheque of Rs 8,813 crore for FY 2025-26 from Shri C S Setty, Chairman of SBI," the FM’s office said in an X post.


SBI in May reported a 6% year-on-year (YoY) rise in standalone net profit to Rs 19,684 crore for the January-March quarter of FY26, compared to Rs 18,643 crore in the corresponding quarter of last year. Net interest income (NII), which reflects the difference between interest earned and interest expended, rose 4% YoY to Rs 44,380 crore during the quarter. The PSU lender paid an interim dividend of Rs 17.35 per share to its eligible shareholders earlier this year.


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SBI shareholding pattern

The government owned 55.52% stake in SBI, according to data on the shareholding pattern of the PSU lender as on March 31, 2026. A total of 75 mutual funds owned 13.29% stake, while 43 insurance companies held 10.42% stake in the company. Among them, Life Insurance Corporation of India (LIC) owned 9% stake in SBI.

SBI share price

SBI shares have gained over 3% in one week but declined nearly 4% in one month. The shares of the PSU lender jumped 21% in one year, 67% in three years and 130% in five years.

The company currently has a market capitalisation of nearly Rs 9.08 lakh crore.

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