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State Bank of India MD, chairman, board of directors and AGM

NSE: SBINBSE: 500112BanksLarge Cap

Last close ₹958.60down ₹11.40 (1.18%)BSE ₹957.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹970.00.

52-week range of traded prices to 23 Oct 2026
₹900.95Low, 24 Oct 2025₹1,234.70High, 24 Feb 2026
Market cap
₹8,84,861 Cr4th largest listed
P/E
10.3
P/B
1.4
Dividend yield
1.81%
ROE
15.4%
NIM
2.84%
Gross NPA
1.47%
Net NPA
0.38%
CET1
12.89%
ROA
1.11%
Volume, NSE
97,34,96852.2% delivered

State Bank of India board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonChalla Sreenivasulu Setty
  • Managing directorAshwini Kumar Tewari
  • Managing directorRana Ashutosh Kumar Singh
  • Managing directorRama Mohan Rao Amara
  • Managing directorRavi Ranjan
  • Company Secretary and Compliance OfficerARUNA NITIN DAK

11 directors4 independent5 executive2 non-executive

  • Challa Sreenivasulu Setty · ChairpersonExecutive · joined Jan 2020 · reappointed Jan 2023 · 3 listed boards
  • Ashwini Kumar Tewari · Managing directorExecutive · joined Jan 2021 · reappointed Jan 2026 · 3 listed boards · 5 committee seats
  • Rana Ashutosh Kumar Singh · Managing directorExecutive · joined Aug 2024 · 1 listed board
  • Rama Mohan Rao Amara · Managing directorExecutive · joined Dec 2024 · 1 listed board · 1 committee seat
  • Ravi Ranjan · Managing directorExecutive · joined Dec 2025 · 1 listed board
  • Sandeep Natwarlal ShahIndependent · joined Jun 2026 · 0 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Sandhya ShekharIndependent · joined Jun 2026 · 0 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
  • K. R. AshokIndependent · joined Jun 2026 · 0 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Khurshed Rustom DordiIndependent · joined Jun 2026 · 0 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Sanjay LohiyaNominee, non-executive · joined Jun 2026 · 2 listed boards
  • Ajay KumarNominee, non-executive · joined Jul 2023 · 1 listed board · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

8 directors who left
  • Rajesh Kumar Dubey, left 25 Jun 2026: Tenure Completion
  • Dharmendra Singh Shekhawat, left 25 Jun 2026: Tenure Completion
  • Ketan S. Vikamsey, left 25 Jun 2026: Tenure Completion
  • Mrugank M. Paranjape, left 25 Jun 2026: Tenure Completion
  • Nagaraju Maddirala, left 11 Jun 2026: Tenure Completion
  • Swati Gupta, left 7 May 2026: Tenure Completion
  • Vinay M. Tonse, left 30 Nov 2025: Tenure Completion
  • Prafulla P. Chhajed, left 20 Dec 2024: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 18 Jun 202611 of 11 present4 independent · 23 days in between
    • 25 May 202611 of 11 present4 independent · 16 days in between
    • 8 May 202610 of 11 present4 independent · 14 days in between
    • 23 Apr 20268 of 12 present4 independent · 33 days in between
    5 earlier meetings
    • 20 Mar 202610 of 12 present4 independent · 20 days in between
    • 27 Feb 202611 of 12 present4 independent · 19 days in between
    • 7 Feb 202612 of 12 present5 independent · 10 days in between
    • 27 Jan 202612 of 12 present5 independent · 10 days in between
    • 16 Jan 202612 of 12 present5 independent
  • Audit Committee

    Chair Sandeep Natwarlal Shah

    Sandhya Shekhar, K. R. Ashok, Khurshed Rustom Dordi, Ajay Kumar

    • 23 Jun 20264 of 5 present4 independent · 27 days in between
    • 26 May 20265 of 5 present4 independent · 18 days in between
    • 7 May 20265 of 5 present4 independent · 15 days in between
    • 21 Apr 20264 of 5 present3 independent · 35 days in between
    4 earlier meetings
    • 16 Mar 20265 of 5 present4 independent · 18 days in between
    • 25 Feb 20264 of 5 present3 independent · 18 days in between
    • 6 Feb 20265 of 5 present4 independent · 23 days in between
    • 13 Jan 20265 of 5 present4 independent
  • Nomination and remuneration committee

    Chair Sandhya Shekhar

    Sandeep Natwarlal Shah, K. R. Ashok, Khurshed Rustom Dordi

    • 22 May 20264 of 4 present4 independent · 24 days in between
    • 27 Apr 20263 of 3 present3 independent · 97 days in between
    • 19 Jan 20265 of 5 present5 independent
  • Stakeholders Relationship Committee

    Chair K. R. Ashok

    Sandeep Natwarlal Shah, Sandhya Shekhar, Khurshed Rustom Dordi, Ashwini Kumar Tewari, Rama Mohan Rao Amara

    • 22 May 20265 of 5 present3 independent · 104 days in between
    • 6 Feb 20266 of 6 present4 independent
  • Risk Management Committee

    Chair Khurshed Rustom Dordi

    Sandeep Natwarlal Shah, Sandhya Shekhar, K. R. Ashok, Ashwini Kumar Tewari, Ravi Ranjan

    • 9 Jun 20265 of 5 present3 independent · 3 days in between
    • 5 Jun 20265 of 5 present3 independent · 23 days in between
    • 12 May 20265 of 5 present3 independent · 48 days in between
    • 24 Mar 20265 of 5 present3 independent · 63 days in between
    1 earlier meeting
    • 19 Jan 20265 of 5 present3 independent
  • Corporate Social Responsibility Committee

    Chair Ashwini Kumar Tewari

    Sandeep Natwarlal Shah, Sandhya Shekhar, K. R. Ashok, Khurshed Rustom Dordi, Rama Mohan Rao Amara

    • 6 May 20266 of 6 present4 independent · 62 days in between
    • 4 Mar 20264 of 6 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditors

Named in the results for the quarter to Mar 2026.

  • M/s R.G.N.Price & Co.Peer-review certificate valid to Mar 2028
  • M/s Vinod Kumar & AssociatesPeer-review certificate valid to Oct 2027
  • M/s Rama K Gupta & Co.Peer-review certificate valid to Feb 2028
  • M/s. Varma & VarmaPeer-review certificate valid to Jul 2028
  • M/s. O P Bagla & CoPeer-review certificate valid to Mar 2028
  • M/s. Gopal Sharma & Co.Peer-review certificate valid to Feb 2027
  • M/s. B C Jain & Co.Peer-review certificate valid to Oct 2026
  • M/s. S G C O & Co. LLPPeer-review certificate valid to Oct 2028
  • M/s. Ashwani & AssociatesPeer-review certificate valid to Jan 2029
  • M/s. M Bhaskara Rao & CoPeer-review certificate valid to Apr 2027
5 earlier auditors
  • M/s. Gokhale & SatheNamed in the filing for the quarter to Mar 2025
  • M/s. Ravi Rajan & Co. LLPNamed in the filing for the quarter to Mar 2025
  • M/s JLNUS & Co.Named in the filing for the quarter to Mar 2025
  • M/s R.G.N. PriceNamed in the filing for the quarter to Mar 2025
  • M/s. O P Bagla & Co. LLPNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

State Bank of India AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.State Bank of India dividend history

Annual general meeting, 18 Jun 2026

40,92,611 shareholders on the register on 13 Mar 2026; present: 1 promoter and 235 others; votes counted by Mitesh Dhabliwala / Parikh & Associates.The company's voting result (opens in a new tab)

  1. To discuss and adopt the Balance Sheet and the Profit and Loss Account of the State Bank of India made up to the 31st day of March 2026; the report of the Central Board on the working and activities of the State Bank of India for the period covered by the Accounts; and the Auditor’s Report on the Balance Sheet and AccountsMoreLess
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.17% · other public 1.10%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.69% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 15 May 2026, 7 resolutions

39,60,990 shareholders on the register on 8 May 2026; present: 1 promoter and 94 others; votes counted by Mitesh Dhabliwala / Parikh & Associates.The company's voting result (opens in a new tab)

  1. To elect Shri Arun Ananth Kamath as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    OrdinaryNot passedRecorded as not passed although most votes were for it; no reason is given
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.19% · promoters 0.00% · institutions 0.50% · other public 0.00%

  2. To elect Shri K.R. Ashok as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.57% · promoters 0.00% · institutions 1.52% · other public 0.00%

  3. To elect Shri Khurshed Rustom Dordi as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.56% · promoters 0.00% · institutions 1.51% · other public 0.00%

  4. To elect Shri Deepak Arora as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    OrdinaryNot passedRecorded as not passed although most votes were for it; no reason is given
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.02% · promoters 0.00% · institutions 0.05% · other public 0.00%

  5. To elect Shri Sandeep Natwarlal Shah as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.39% · promoters 0.00% · institutions 1.04% · other public 0.00%

  6. To elect Dr. Sandhya Shekhar as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.58% · promoters 0.00% · institutions 1.55% · other public 0.00%

  7. To elect Shri Sanjay Kapoor as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    OrdinaryNot passedRecorded as not passed although most votes were for it; no reason is given
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.02% · promoters 0.00% · institutions 0.06% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 27 Mar 2026, 11 resolutions

39,03,058 shareholders on the register on 20 Mar 2026; present: 1 promoter and 107 others; votes counted by Manisha Maheshwari / Bhandari & Associates.The company's voting result (opens in a new tab)

  1. To consider and approve Material Related Party Transactions between State Bank of India and SBI Life Insurance Company Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.76%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  2. To consider and approve Material Related Party Transactions between State Bank of India and SBI Cards and Payments Services Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.67%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  3. To consider and approve Material Related Party Transactions between State Bank of India and SBI Payment Services Private Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.62%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  4. To consider and approve Material Related Party Transactions between State Bank of India and SBI DFHI Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.83%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  5. To consider and approve Material Related Party Transactions between State Bank of India and SBI (Mauritius) Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.33%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  6. To consider and approve Material Related Party Transactions between State Bank of India and PT Bank SBI Indonesia
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.81%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  7. To consider and approve Material Related Party Transactions between State Bank of India and Nepal SBI Bank Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.88%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  8. To consider and approve Material Related Party Transactions between State Bank of India and Yes Bank Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.26%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  9. To consider and approve Material Related Party Transactions between SBI Capital Markets Limited and SBI General Insurance Company Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.75%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  10. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Yes Bank Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.42%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

  11. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Rajasthan Gramin Bank
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.03%

    Turnout: all 0.62% · promoters 0.00% · institutions 1.66% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 13 Jun 2025, 1 resolution

39,29,572 shareholders on the register on 6 Jun 2025; present: 1 promoter and 166 others; votes counted by Manisha Maheshwari / Bhandari & Associates.The company's voting result (opens in a new tab)

  1. To discuss and adopt the Balance Sheet and the Profit and Loss Account of the State Bank of India made up to the 31st day of March 2025; the report of the Central Board on the working and activities of the State Bank of India for the period covered by the Accounts; and the Auditor’s Report on the Balance Sheet and AccountsMoreLess
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.29% · other public 2.14%

    Turnout: all 1.74% · promoters 2.00% · institutions 1.73% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 13 Jun 2025, 1 resolution

39,29,572 shareholders on the register on 6 Jun 2025; present: 1 promoter and 63 others; votes counted by Manisha Maheshwari / Bhandari & Associates.The company's voting result (opens in a new tab)

  1. To consider and approve raising of equity capital during FY2025-26
    Special
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.24% · other public 4.53%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.72% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 9 May 2025, 17 resolutions

39,34,254 shareholders on the register on 2 May 2025; present: 1 promoter and 77 others; votes counted by Manisha Maheshwari / Bhandari & Associates.The company's voting result (opens in a new tab)

  1. To appoint M/s Parikh & Associates, Practising Company Secretaries as Secretarial Auditor of the Bank for an audit period of 5 years commencing from FY 2025-26 till FY 2029-2030
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.35% · other public 1.72%

    Turnout: all 1.74% · promoters 2.00% · institutions 1.74% · other public 0.00%

  2. To consider and approve Material Related Party Transactions between State Bank of India and SBI Life Insurance Company Limited.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.84%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  3. To consider and approve Material Related Party Transactions between State Bank of India and SBI Cards and Payments Services Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.87%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  4. To consider and approve Material Related Party Transactions between State Bank of India and SBI General Insurance Company Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.95%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  5. To consider and approve Material Related Party Transactions between State Bank of India and SBI Payment Services Private Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.82%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  6. To consider and approve Material Related Party Transactions between State Bank of India and SBI DFHI Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.30%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  7. To consider and approve Material Related Party Transactions between State Bank of India and SBI (Mauritius) Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.23%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  8. To consider and approve Material Related Party Transactions between State Bank of India and Bank SBI Indonesia
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.80%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  9. To consider and approve Material Related Party Transactions between State Bank of India and Nepal SBI Bank Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.36%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  10. To consider and approve Material Related Party Transactions between State Bank of India and Bank of Bhutan Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.84%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  11. To consider and approve Material Related Party Transactions between State Bank of India and Yes Bank Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.91%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  12. To consider and approve Material Related Party Transactions between SBI DFHI Limited and SBI Capital Markets Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.02%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  13. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Yes Bank Limited
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.97%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  14. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Jharkhand Rajya Gramin Bank
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  15. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Uttarakhand Gramin Bank
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.28%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  16. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Chhattisgarh Rajya Gramin Bank
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.76%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

  17. To consider and approve Material Related Party Transactions between SBI DFHI Limited and Rajasthan Gramin Bank
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.83%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.71% · other public 0.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 19 Jun 2024, 1 resolution

Present: 1 promoter and 177 others.The company's voting result (opens in a new tab)

  1. To discuss and adopt the Balance Sheet and Profit & Loss Account of the State Bank of India made up to 31st March 2024, the report of the Central Board on the working and activities of the State Bank of India for the period covered by the Accounts and the Auditor's Report on the Balance Sheet and Accounts.MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.06% · other public 0.59%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.66% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Jun 2023, 1 resolution

Present: 1 promoter and 156 others.The company's voting result (opens in a new tab)

  1. To discuss and adopt the Balance Sheet and Profit & Loss Account of the State Bank of India made up to 31st March 2023, the report of the Central Board on the working and activities of the State Bank of India for period covered by the Accounts and the Auditor's Report on the Balance Sheet and Accounts.MoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.05% · other public 2.20%

    Turnout: all 1.73% · promoters 2.00% · institutions 1.66% · other public 0.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 18 Jun 2026, 44 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To discuss and adopt the Balance Sheet and the Profit and Loss Account of the State Bank of India made up to the 31st day of March 2026; the report of the Central Board on the working and activities of the State Bank of India for the period covered by the Accounts; and the Auditor’s Report on the Balance Sheet and AccountsMoreLess
    41 for0 against
2 proposals not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

    1 abstained

  • The audited financial statements and accompanying reports provide shareholders with an overview of the Bank's financial performance and operations for FY2025-26
    1 for0 against

Mutual fund votes, meeting of 15 May 2026, 44 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To elect Shri Arun Ananth Kamath as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Against Aditya Birla Sun Life Mutual Fund, Canara Robeco Mutual Fund
    • Aditya Birla Sun Life Mutual FundWe are voting against this profile as other candidates profile is better suited.
    • Canara Robeco Mutual FundThe Bank has provided the list of valid nominations/ candidates for election of Shareholders Directors. Though there is no concern identified on the merits of the candidate, we have voted for the other candidates based on our preference.
    30 for2 against

    1 abstained

  • To elect Shri K.R. Ashok as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    27 for0 against
  • To elect Shri Khurshed Rustom Dordi as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    33 for0 against

    1 abstained

  • To elect Shri Deepak Arora as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Against Bank of India Mutual Fund, Franklin Templeton Mutual Fund, Mirae Asset Mutual Fund, Unifi Mutual Fund
    • Bank of India Mutual FundNo iias recommendation
    • Franklin Templeton Mutual FundA vote AGAINST this nominee is warranted given the lack of relevant disclosure regarding the nominees' background and work experience.
    • Mirae Asset Mutual FundHave chosen alternate available candidates
    • Unifi Mutual FundGiven that we have to select four amongst the eight nominations. We have accordingly selected four shareholder directors. In the same light, we vote against the remaining nominations.
    5 for4 against

    1 abstained

  • To elect Shri Sandeep Natwarlal Shah as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Against Bank of India Mutual Fund, Franklin Templeton Mutual Fund, Mirae Asset Mutual Fund, Unifi Mutual Fund
    • Bank of India Mutual FundNo iias recommendation
    • Franklin Templeton Mutual FundA vote AGAINST this nominee is warranted given the lack of relevant disclosure regarding the nominees' background and work experience.
    • Mirae Asset Mutual FundHave chosen alternate available candidates
    • Unifi Mutual FundGiven that we have to select four amongst the eight nominations. We have accordingly selected four shareholder directors. In the same light, we vote against the remaining nominations.
    14 for4 against

    1 abstained

  • To elect Dr. Sandhya Shekhar as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    25 for0 against

    1 abstained

  • To elect Shri Sanjay Kapoor as Director to the Central Board of the Bank under Section 19(c) of the SBI Act 1955
    Against Bank of India Mutual Fund, Franklin Templeton Mutual Fund, Mirae Asset Mutual Fund, Unifi Mutual Fund
    • Bank of India Mutual FundNo iias recommendation
    • Franklin Templeton Mutual FundA vote AGAINST this nominee is warranted given the lack of relevant disclosure regarding the nominees' background and work experience.
    • Mirae Asset Mutual FundHave chosen alternate available candidates
    • Unifi Mutual FundGiven that we have to select four amongst the eight nominations. We have accordingly selected four shareholder directors. In the same light, we vote against the remaining nominations.
    5 for4 against

    1 abstained

12 proposals not matched to one resolution
  • Item 7, as a fund house numbered it
    1 for0 against
  • 1) Elect four shareholder directors who will assume office for three years from 26 June 2026 - Arun Ananth Kamath, K R Ashok, Khurshed Rustom Dordi, Deepak Arora, Sandeep Natwarlal Shah, Dr. Sandhya Shekhar and Sanjay KapoorMoreLess
    1 for0 against
  • Elect Dharmendra Singh Shekhawat as Director
    0 for0 against

    1 abstained

  • Elect four shareholder directors who will assume office for three years from 26 June 2026
    1 for0 against
  • Elect four shareholder directors who will assume office for three years from 26 June 2026 - Deepak Arora
    Against Aditya Birla Sun Life Mutual Fund, Canara Robeco Mutual Fund
    • Aditya Birla Sun Life Mutual FundWe are voting against this profile as other candidates profile is better suited.
    • Canara Robeco Mutual FundThe Bank has provided the list of valid nominations/ candidates for election of Shareholders Directors. Though there is no concern identified on the merits of the candidate, we have voted for the other candidates based on our preference.
    0 for2 against
  • Elect four shareholder directors who will assume office for three years from 26 June 2026 - Dharmendra Singh Shekhawat
    Against Aditya Birla Sun Life Mutual Fund, Canara Robeco Mutual Fund
    • Aditya Birla Sun Life Mutual FundWe are voting against this profile as other candidates profile is better suited.
    • Canara Robeco Mutual FundThe Bank has provided the list of valid nominations/ candidates for election of Shareholders Directors. Though there is no concern identified on the merits of the candidate, we have voted for the other candidates based on our preference.
    0 for2 against
  • Elect four shareholder directors who will assume office for three years from 26 June 2026 - K.R. Ashok
    4 for0 against
  • Elect four shareholder directors who will assume office for three years from 26 June 2026 - Sandhya Shekhar
    4 for0 against
  • Elect four shareholder directors who will assume office for three years from 26 June 2026 - Sanjay Kapoor
    Against Aditya Birla Sun Life Mutual Fund, Canara Robeco Mutual Fund
    • Aditya Birla Sun Life Mutual FundWe are voting against this profile as other candidates profile is better suited.
    • Canara Robeco Mutual FundThe Bank has provided the list of valid nominations/ candidates for election of Shareholders Directors. Though there is no concern identified on the merits of the candidate, we have voted for the other candidates based on our preference.
    0 for2 against
  • Elect K.R. Ashok as Director
    0 for0 against

    1 abstained

  • To elect four Directors to the Central Board of the Bank.
    2 for0 against
  • To elect four Directors to the Central Board of the Bank under the provisions of Section 19 (c) of State Bank of India Act, 1955. To elect Shri Arun Ananth Kamath as a Shareholder Director of the Bank. To elect Shri K.R. Ashok as a Shareholder Director of the Bank. To elect Shri Khurshed Rustom Dordi as a Shareholder Director of the Bank. To elect Shri Deepak Arora as a Shareholder Director of the Bank. To elect Shri Sandeep Natwarlal Shah as a Shareholder Director of the Bank. To elect Dr. Sandhya Shekhar as a Shareholder Director of the Bank. To elect Shri Sanjay Kapoor as a Shareholder Director of the Bank.MoreLess
    1 for0 against
5 earlier meetings

Mutual fund votes, meeting of 27 Mar 2026, 45 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI Life Insurance Company Limited
    44 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI Cards and Payments Services Limited
    44 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI Payment Services Private Limited
    44 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI DFHI Limited
    36 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI (Mauritius) Limited
    44 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and PT Bank SBI Indonesia
    44 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and Nepal SBI Bank Limited
    44 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and Yes Bank Limited
    35 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI Capital Markets Limited and SBI General Insurance Company Limited
    44 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Yes Bank Limited
    36 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Rajasthan Gramin Bank
    44 for0 against

    1 abstained

7 proposals not matched to one resolution
  • Item 8, as a fund house numbered it
    1 for0 against
  • 10) Approve material related party transactions between SBI DFHI Limited, a subsidiary, and Yes Bank Limited, an associate, aggregating Rs. 99.0 bn for FY27.
    1 for0 against
  • 4) Approve material related party transactions with SBI DFHI Limited, a subsidiary, aggregating Rs. 889.3 bn for FY27.
    1 for0 against
  • 8) Approve material related party transactions with Yes Bank Limited, an associate, aggregating Rs. 616.1 bn for FY27.
    1 for0 against
  • Approve material related party transactions between SBI DFHI Limited, a subsidiary, and Yes Bank Limited, an associate, aggregating Rs. 99.0 bn for FY27
    7 for0 against
  • Approve material related party transactions with SBI DFHI Limited, a subsidiary, aggregating Rs. 889.3 bn for FY27
    7 for0 against
  • Approve material related party transactions with Yes Bank Limited, an associate, aggregating Rs. 616.1 bn for FY27
    7 for0 against

Mutual fund votes, meeting of 13 Jun 2025, 40 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To discuss and adopt the Balance Sheet and the Profit and Loss Account of the State Bank of India made up to the 31st day of March 2025; the report of the Central Board on the working and activities of the State Bank of India for the period covered by the Accounts; and the Auditor’s Report on the Balance Sheet and AccountsMoreLess
    32 for0 against
  • To consider and approve raising of equity capital during FY2025-26
    31 for0 against
6 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • 1) Approve issuance of equity shares by way of public issue/QIP/any other mode up to Rs. 250.0 bn.
    1 for0 against
  • Accept Financial Statements and Statutory Reports
    1 for0 against

    1 abstained

  • Adoption of financial statements for the year ended 31 March 2025
    5 for0 against
  • Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
    1 for0 against

    1 abstained

  • Approve issuance of equity shares by way of public issue/QIP/any other mode up to Rs. 250.0 bn
    5 for0 against

Mutual fund votes, meeting of 9 May 2025, 38 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To appoint M/s Parikh & Associates, Practising Company Secretaries as Secretarial Auditor of the Bank for an audit period of 5 years commencing from FY 2025-26 till FY 2029-2030
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundTransparency concern: The Bank has not disclosed whether there is any material change in the proposed audit fee.
    • PPFAS Mutual FundThe Bank has not disclosed whether there is any material change in the proposed audit fee
    30 for6 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI Life Insurance Company Limited.
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI Cards and Payments Services Limited
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI General Insurance Company Limited
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI Payment Services Private Limited
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI DFHI Limited
    29 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and SBI (Mauritius) Limited
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and Bank SBI Indonesia
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and Nepal SBI Bank Limited
    36 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and Bank of Bhutan Limited
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between State Bank of India and Yes Bank Limited
    29 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and SBI Capital Markets Limited
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Yes Bank Limited
    30 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Jharkhand Rajya Gramin Bank
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Uttarakhand Gramin Bank
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Chhattisgarh Rajya Gramin Bank
    37 for0 against

    1 abstained

  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Rajasthan Gramin Bank
    37 for0 against

    1 abstained

11 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 11, as a fund house numbered it
    1 for0 against
  • 11) Approve material related party transactions with Yes Bank Limited, an associate, aggregating Rs. 358.8 bn for FY26.
    1 for0 against
  • 13) Approve material related party transactions between SBI DFHI Limited, a subsidiary, and Yes Bank Limited, an associate, aggregating Rs. 214.0 bn for FY26.
    1 for0 against
  • 6) Approve material related party transactions with SBI DFHI Limited, a subsidiary, aggregating Rs. 631.1 bn for FY26.
    1 for0 against
  • Approve material related party transactions between SBI DFHI Limited, a subsidiary, and Yes Bank Limited, an associate, aggregating Rs. 214.0 bn for FY26
    6 for0 against
  • Approve material related party transactions with SBI DFHI Limited, a subsidiary, aggregating Rs. 631.1 bn for FY26
    6 for0 against
  • Approve material related party transactions with Yes Bank Limited, an associate, aggregating Rs. 358.8 bn for FY26
    6 for0 against
  • To consider and approve Material Related Party Transactions between SBI DFHI Limited and Andhra Pradesh Grameena Vikas Bank during financial year 2025- 2026 whether individually and/ or in the aggregate, may exceed Rs. 1,000 crore or 10% of the annual consolidated turnover as per the Bank's last audited financial statements, whichever is lower, or any other materiality threshold as may be applicable under law/ regulations from time to time.MoreLess
    1 for0 against

Mutual fund votes, meeting of 19 Jun 2024, 35 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To discuss and adopt the Balance Sheet and Profit & Loss Account of the State Bank of India made up to 31st March 2024, the report of the Central Board on the working and activities of the State Bank of India for the period covered by the Accounts and the Auditor's Report on the Balance Sheet and Accounts.MoreLess
    32 for0 against
2 proposals not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

    1 abstained

  • Adoption of financial statements for the year ended 31 March 2024
    1 for0 against

Mutual fund votes, meeting of 27 Jun 2023, 27 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To discuss and adopt the Balance Sheet and Profit & Loss Account of the State Bank of India made up to 31st March 2023, the report of the Central Board on the working and activities of the State Bank of India for period covered by the Accounts and the Auditor's Report on the Balance Sheet and Accounts.MoreLess
    25 for0 against
1 proposal not matched to one resolution
  • Accept Financial Statements and Statutory Reports
    1 for0 against

    1 abstained

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtSahamati FoundationSince 15 May 2026

    7.50% bought in the quarter; holding 7.50%, from 0.00%

  • Unlisted stake boughtEmbio LimitedSince 3 Jun 2026

    2.88% bought in the quarter; holding 2.88%, from 0.00%

  • Unlisted stake heldIndian Banks Digital Infrastructure CompanySince 30 Jun 2026

    0.00% bought in the quarter; holding 5.77%, from 5.77%

  • Tax disputeIncome Tax DepartmentSince 21 Feb 2022
    Pending before ITAT
  • Tax disputeIncome Tax DepartmentSince 12 May 2022
    Pending before ITAT
  • Tax disputeIncome Tax DepartmentSince 18 Dec 2024
    Pending before ITAT
  • Tax disputeIncome Tax DepartmentSince 6 Mar 2025
    Pending before ITAT
  • Tax disputeIncome Tax DepartmentSince 21 Apr 2025
    Pending before CIT(A)
2 more
  • Tax disputeIncome Tax DepartmentSince 10 Apr 2026
    Pending before CIT(A)
    At the filing before: Appeal filed in current Quarter
  • Tax disputeIncome Tax DepartmentSince 30 Oct 2021
    Pending before HC

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
No
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Sep 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.

RaisedAmount raisedForSet asideSpentSpent elsewhere
QIPJul 202525,000.00For augmentation of Bank’s Tier-I capital base to meet Bank’s future capital requirements and to support growth plans and to enhance the business of the Bank25,000.0025,000.00No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.