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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