India's largest lender, State Bank of India (SBI), is set to trade "ex-dividend" on Wednesday after declaring a dividend of INR11.30 ($0.15) per equity share. Record date falls on May 31 to determine shareholders' eligibility, with payment fixed for June 14. SBI reported Q4 83% YoY growth in standalone net profit to INR16,695cr ($2.27bn). Net interest income rose 29% ($5.3bn), ahead of analyst estimates. Most retained an upbeat outlook following the results. The lender continued with provisions for loan losses and met capital ratios, while advances grew slightly ahead of the system.