Banks, oil companies lead FY26 dividend payouts

Banks, oil companies, mining firms and other businesses dominated by big Public Sector Undertakings (PSUs) accounted for a chunk of India’s largest dividend payouts in FY26. HDFC Bank distributed nearly ₹21,000 crore, the highest among Nifty500 companies. SBI and HCLTechnologies followed with ₹16,0…