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State Bank of India’s Central Board, at its Meeting held on Monday, declared an Interim Dividend at the rate of Rs 15 per equity share of Rs 10 each (i.e. 150 per cent), for FY 2013-14.
The date of payment of the Interim Dividend is fixed as April 02, 2014 and the dividend warrants will be payable, in India, at par at all branches of State Bank of India, irrespective of the amount, the bank said in a notice to the BSE.
Shares of SBI closed at Rs 1,518.50, down 0.86 per cent on the BSE.
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