Overview
- SBI Chairman C S Setty handed over the ₹8,076.84 crore dividend cheque to Finance Minister Nirmala Sitharaman on June 9.
- The FY25 payout rose from ₹6,959.29 crore a year earlier, reflecting a 16% increase in the bank’s dividend payment.
- The lender posted a record net profit of ₹70,901 crore for 2024-25, up from ₹61,077 crore in the previous year.
- Other leading PSUs delivered strong Q4 results, including LIC’s ₹19,013 crore and NTPC’s ₹7,897 crore net profits.
- Rising dividends, corporate taxes and planned capital expenditures by PSUs have bolstered revenues and supported India’s 4.8% fiscal deficit goal.