The board has recommended a dividend of Rs 21.50 per share for 2007-08, the bank informed the Bombay Stock Exchange today.
The total income for the reporting quarter rose to Rs 16,393.9 crore from Rs 12,935.11 crore in January-March 2007.
The net profit for the year ended Mach 2008 improved to Rs 6,729.12 crore from Rs 4,541.31 crore. The total income FY08 rose to Rs 57,645.24 crore, it added.