State Bank of India or SBI reported fourth-quarter stand-alone net profit was Rs.3,299.22 crore, down from the Rs.4,050.27 crore in the fourth-quarter of last year. Total income increased to Rs.36,330.87 crore from the Rs.33,959.54 crore.
The bank's board recommended a dividend of Rs.41.50 per equity share of Rs.10 each for the fiscal year 203, to be paid on June 17.
At the BSE, State Bank of India shares are being traded at Rs.2,224.50, down 5.91 percent from the previous close.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.