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Money & Banking - Dividend Announcement
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SBI dividend cheque

Mumbai, July 18

Mr O.P. Bhatt, Chairman of State Bank of India, today handed over a cheque of Rs 440.07 crore to Dr Y.V. Reddy, Governor, Reserve Bank of India. The cheque was issued representing the dividend for the financial year 2006-07 on SBI shares held by the RBI. SBI declared a dividend of 140 per cent for the financial year 2006-2007. —

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