State Bank of India (SBI) declared a dividend of Rs 17.35 per share for the fiscal year 2026. The record date for dividend eligibility is May 16, with payments scheduled for June 4. SBI reported a 6% year-on-year increase in its Q4 profit, reaching Rs 19,684 crore, driven by lower provisions. For the full fiscal year, the bank's profit rose by 12.88% to Rs 80,032 crore. While margins softened during the year, SBI noted significant improvements in asset quality across its portfolio, reflecting a positive trend in credit management and risk mitigation. SBI declared a dividend of Rs 17.35 per share for FY26, with a record date of May 16 and payment on June 4.