SBI sets out digital, green growth path; Govt to earn ₹ 8,800 crore dividend
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Chairman CS Setty of State Bank of India
SBI transferred ₹8,800 crore to the government as its dividend for FY 2026.
At the 71st AGM held in Mumbai on Thursday, Chairman CS Setty announced a dividend of ₹17.35 per share for FY 26, up from ₹15.90 the previous year, amounting to roughly ₹8,813 crore for the government, which owned a 55.52 % stake at end‑March 2026.
On 8 June, Setty handed over the dividend cheque for ₹8,813 crore to Finance Minister Nirmala Sitharaman.
The increased payout reflects SBI’s robust profitability and its ongoing importance as a major source of government revenue, while also strengthening its balance sheet and capital adequacy.
In FY 25 the government received ₹8,076 crore as dividend from SBI.
Strong performance
The dividend follows a solid financial performance marked by steady profit growth, better asset quality, and disciplined risk management.
SBI posted a near‑record net profit of ₹80,032 crore for FY 26. Looking forward, Setty outlined a vision that includes deeper investments in AI, analytics and cybersecurity, together with expanded omnichannel services to provide seamless banking on both physical and digital channels.
Long-term commitment
“We will keep building a smarter, more agile bank by marrying technological strength with the trust of our relationships,” Setty said, highlighting SBI’s long‑term dedication to innovation‑driven growth.
Sustainability remains a central pillar of this strategy.
The bank is growing its green loan book in renewable energy, electric mobility and climate‑tech, backed by the CHAKRA platform that promotes financing and knowledge exchange in climate‑focused sectors. At the same time, SBI is boosting its wealth‑management offerings with premier virtual relationship managers that deliver personalised advice to customers nationwide.
On the customer‑experience front, the CARE (Create Amazing Relationships Every Day) programme is enhancing frontline skills to provide superior service and deepen engagement.
The bank also reaffirmed its social responsibility, having spent more than ₹700 crore on CSR projects in health, education and sustainability across over 20,000 villages.
Digital banking
Looking ahead, Setty identifies major opportunities in digital banking, SME ecosystems and advisory‑led engagement.
“With a solid capital base and a clear focus on innovation and sustainability, SBI is well placed to drive the next growth phase while making a meaningful contribution to India’s long‑term economic development,” he added.
Published on June 18, 2026
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