Mumbai/IBNS, June 9 -- State Bank of India (SBI) on Monday handed over a dividend cheque of Rs.8,813 crore to the Government of India for the financial year 2025-26, reflecting the lender's strong financial performance during the period.

SBI Chairman C.S. Setty presented the cheque to Union Finance Minister Nirmala Sitharaman.

The payout follows SBI's record-breaking performance in FY26, during which the bank reported its highest-ever annual net profit of Rs.80,032 crore.

Strong Financial Performance

SBI's operating profit rose to Rs.1.23 lakh crore in FY26, registering an increase of 11.3 percent over the previous year.

The bank's total business crossed Rs.109 lakh crore, driven by healthy growth in both deposits and advances. Depos...