Four public sector banks, including Canara Bank and Indian Bank, on Wednesday presented dividend cheques worth Rs 6,481 crore to Finance Minister Nirmala Sitharaman for financial year 2023-24.
"Smt @nsitharaman receives a dividend cheque of Rs 2,514.22 crore for FY 2023-24 from Shri Debadatta Chand, Managing Director & CEO -@bankofbaroda," the finance ministry said in a post on X.
Smt @nsitharaman receives a dividend cheque of Rs 252 crore for FY 2023-24 from Smt Harsha Bangari, Managing Director & CEO - @IndiaEximBank. pic.twitter.com/xOCdyn7q8Q
— Nirmala Sitharaman Office (@nsitharamanoffc) July 10, 2024
Chennai-based Indian Bank paid a dividend cheque of Rs 1,193.45 crore for 2023-24.
Bank of India too paid a dividend of Rs 935.44 crore and the cheque was presented by its MD and CEO Rajneesh Karnatak.
In addition, Mumbai-based financial institution EXIM Bank presented a dividend cheque of Rs 252 crore for 2023-24.