INDIA MARKET LENS
◆ MixedCorporate Actions

Govt vs private banks dividend comparison: SBI, HDFC, ICICI, PNB, BoB, Axis, Canara - Which bank tops the yield chart?

State Bank of India is in focus in a corporate actions development.

28 Sept 2026 · LiveMint Markets

Bank stocks often enjoy investors' attention. Here's a comparison of top four private and government banks and their annual dividend yield for financial year 2025-26.

Against that, the stock is -1.1% on the day at ₹948.10, and has returned -8.7% over three months. It sits 23% below its 52-week high. The banks sector has moved -4.0% over the same period, so State Bank of India is running 4.7 points behind its peers.

With State Bank of India, HDFC Bank and ICICI Bank all implicated, this reads as a Banks-level move rather than a company-specific one, which is the more durable kind of signal.

  • Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
  • It touches several names at once (SBIN, HDFCBANK, ICICIBANK), which points to a sector-level rather than company-specific driver.
  • Sector exposure: Banks.