ALPHA TRIBE

State Bank of IndiaBoard Meeting, 03-05-2025: Outcome of Board Meeting

03-05-2025 | 02:44 pm

State Bank of India has announced a board meeting on its consolidated financial results for the quarter and half-year ended March 31, 2025. Gross NPA stood at 1.82% and net NPA at 0.47%, reflecting stable asset quality. The bank declared a robust dividend of ₹15.90 per share (1590%). SBI plans to raise up to ₹25,000 Cr through equity in FY26 to fuel growth. Strategic moves include stake reduction in Jio Payments Bank and progress on the merger of Sponsored Regional Rural Banks. The focus remains on growth and strengthening capital.

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