4 public sector banks, together with Canara Financial institution and Indian Financial institution, on Wednesday introduced dividend cheques price Rs 6,481 crore to Finance Minister Nirmala Sitharaman for monetary 12 months 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 stated in a submit on X.
Equally, a dividend cheque of Rs 1,838.15 crore was handed over by Canara Financial institution MD and CEO Ok Satyanarayana Raju.
Chennai-based Indian Financial institution paid a dividend cheque of Rs 1,193.45 crore for 2023-24.
Financial institution of India too paid a dividend of Rs 935.44 crore and the cheque was introduced by its MD and CEO Rajneesh Karnatak.
As well as, Mumbai-based monetary establishment EXIM Financial institution introduced a dividend cheque of Rs 252 crore for 2023-24.
