Company Announcements

CC/S&B/SK/2021/051                                                                                21.05.2021

Madam / Dear Sir,

SEBI LODR, 2015: OUTCOME OF BOARD MEETING

FINANCIAL RESULTS FOR THE QUARTER / YEAR ENDED 31.03.2021

& DECLARATION OF DIVIDEND

In terms of Regulation 33 (3) (d) and Regulation 30 (6) of the SEBI LODR, 2015 and other applicable provisions, we forward herewith a copy of the Audited Standalone and Consolidated Results of the Bank for the quarter / financial year ended 31^st March, 2021, taken on record by the Central Board of the Bank at its Meeting held on 21^st May, 2021.

2. Further, pursuant to Regulation 43 and Regulation 30 (6), we advise that the Central Board of the Bank, at its Meeting held on 21^st May, 2021, has declared a Dividend of Rs. 4.00 per equity share (400%) for the financial year ended 31^st March, 2021. The date of payment of Dividend is fixed on 18^th June, 2021 and the dividend warrants will be dispatched before the date of payment, which will be payable, in India, at par at all branches of State Bank of India, irrespective of the amount.

3. Further, we hereby confirm and declare that the Statutory Auditors of the Bank have issued Audit Report on Audited Financial Results (Standalone and Consolidated) for the quarter and year ended 31^st March, 2021 with unmodified opinion.

4. Please note that the said Central Board Meeting commenced at 11.00 AM and concluded at 01.35 PM.

Please arrange for taking the above disclosure on record and dissemination.

Yours faithfully,

(Sham K.)

Asst. General Manager (Compliance & Company Secretary)

 

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