Banco Santander, S.A.
Banco Santander, S.A. (XETRA: BSD2) is trading at €12.58, about ₹1,375 at today's EUR/INR rate, as of 25 Sep 2026, 11:35 AM ET, up 0.46% today. Indian residents can buy Banco Santander from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€12.54
Today's high
€12.70
52 week low
€8.15
52 week high
€13.10
BSD2 opened at €12.63, closed previously at €12.53, and has traded between €8.15 and €13.10 over the past 52 weeks.
About
Banco Santander, S.A. is a prominent global financial institution that delivers an extensive suite of retail and commercial banking solutions. It serves a broad customer base, including individual clients, small and medium-sized enterprises (SMEs), and major corporations across the world. Its offerings encompass fundamental services such as demand and time deposits, as well as current and savings accounts. The bank also provides diverse lending options, including mortgages, consumer finance, syndicated and structured corporate loans, alongside specialized financial services like cash management, export and agency finance, trade and working capital solutions, and corporate finance. Furthermore, Santander engages in providing insurance products, comprehensive wealth management, asset management, and private banking services. The company's operations extend to corporate banking, treasury functions, risk hedging, foreign trade, confirming, custody, and investment banking. Established in 1856 and headquartered in Madrid, Spain, the institution, which was formerly known as Banco Santander Central Hispano S.A. before adopting its current name in June 2007, operates an expansive network of 9,879 branches.
Key statistics
Avg. volume
35.88K
Market cap
€179.75B
P/E Ratio
11.33
Price-to-sales ratio
2.48
Enterprise value
€367.82B
Free cash flow yield
30.44%
Debt-to-equity ratio
4.12
Return on equity
15.48%
ROIC
2.03%
Beta
0.93
Dividend yield
1.91%
Last dividend
€0.24
Financial overview
Revenue
€123.97B
Earnings per share
€0.91
Free cash flow
€77.68B
Net profit margin
21.84%
Gross margin
63.93%
EBITDA
€19.35B
Revenue growth
-4.05%
Similar securities
This is not an investment recommendation
How to buy Banco Santander from India
Indian residents can buy Banco Santander shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to EUR.
Search for Banco Santander and place an order
Find Banco Santander by name or by its ticker, BSD2, and choose an order type. Banco Santander trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Banco Santander position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Banco Santander from India
Trading and taxes when buying Banco Santander from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Banco Santander’s current yield is 1.91%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Banco Santander stock?
Yes. Banco Santander (BSD2) has been listed on XETRA since 1999, in the Banks - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Banco Santander share cost in rupees?
One Banco Santander share is €12.58 — about ₹1,375 at an EUR/INR rate of 109.26 on 27 Sep 2026. Both the Banco Santander price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Banco Santander from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Banco Santander shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Banco Santander price. Paasa issues a capital-gains statement for your return.
Does Banco Santander pay a dividend, and how is it taxed in India?
Yes. Banco Santander pays a dividend and the current yield is 1.91%; the last declared dividend was €0.24 per share, about ₹26.22. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Banco Santander from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Is Banco Santander a Germany company, and does that change how it is taxed?
Banco Santander trades on XETRA in EUR, but the company is domiciled in Spain. Banco Santander trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Banco Santander shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Banco Santander holding, its cost and its closing value.
How do I sell Banco Santander and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Banco Santander?
Yes. Banco Santander is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.