Outcome of the Board Meeting

The Executive Director

The BSE Ltd.                                                                                                23.05.2013

Phiroze Jeejeebhoy Tower,

25^th Floor, Dalal Street,                                                                    CC/S&B/MJ/450

Mumbai - 400001

 

Dear Sir/Madam,

 

LISTING AGREEMENT: OUTCOME OF THE BOARD MEETING

FINANCIAL RESULTS FOR THE YEAR ENDED 31.03.2013

& DECLARATION OF DIVIDEND

 

In terms of Clause 41 of  the Listing Agreement, we forward herewith a copy of the Audited Working Results of the Bank for the financial  year ended 31^st March 2013, taken on record by the Central Board of the Bank at its Meeting held on date.

 

2.Further, in terms of Clause 20 & 20A of the Listing Agreement, we advise  that the Central Board of the Bank, at its Meeting held on  date, has declared a Dividend of  Rs.41.50 per share (415%) for the accounting year ended 31^st March 2013. The date of Payment of the Dividend is fixed as 17^th June 2013 and the  dividend  warrants  will be payable, in India, at par at all branches of State Bank of India, irrespective of the amount.

 

 

Yours Faithfully,

 

General Manager

Encl: as above