SBI Holds 71st AGM; Shareholders Approve FY26 Balance Sheet and Financial Statements

Mumbai, June 18, 2026: State Bank of India (SBI) held its 71st Annual General Meeting (AGM) on Thursday through video conferencing and other audio-visual means, during which shareholders adopted the bank's balance sheet, profit and loss account and auditor's report for the financial year ended March 31, 2026.

The meeting commenced at 3:00 PM and concluded at 4:20 PM, with the deemed venue being the State Bank Auditorium at State Bank Bhavan in Mumbai.

SBI Chairman Challa Sreenivasulu Setty presided over the meeting and reviewed the bank's performance and activities during FY26. Shareholders who had registered as speakers raised queries relating to the bank's financial statements, directors' report and auditor's report, which were addressed during the meeting.

National Securities Depository Limited (NSDL) provided e-voting, video conferencing and live webcast facilities for shareholders, while M/s Parikh & Associates acted as the scrutinizer for the voting process.

Remote e-voting for the AGM remained open from June 14 to June 17, 2026, and shareholders who had not voted earlier were allowed to cast their votes electronically during the meeting.