Indian Bank handed over Rs 1,616.14 crore dividend cheque to Finance Minister
For the financial year 2024-25, Indian Bank declared a dividend of Rs. 16.25 per share which reflects its robust financial performance.
Indian Bank handed over Rs 1,616.14 crore dividend cheque to Finance Minister
New Delhi: State-owned Indian Bank has declared that its MD & CEO Shri Binod Kumar handed over a dividend cheque of Rs. 1616.14 Crore for the financial year 2024-25 to Hon'ble Union Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman in the presence of Shri M Nagaraju I.A.S, (Secretary, Department of Financial Services), Dr Alok Pande, (Additional Secretary & Govt. Nominee Director of the Bank) and Shri Ashish Madhaorao More I.A.S. (Joint Secretary, Department of Financial Services).
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Shri Binod Kumar was accompanied by Shri Ashutosh Choudhury (Executive Director, Indian Bank) and Shri Sunil Jain (Chief Financial Officer, Indian Bank).
For the financial year 2024-25, Indian Bank declared a dividend of Rs.16.25 per share which reflects its robust financial performance.
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The dividend payout highlights Indian Bank's strong financial performance and its ongoing dedication to creating long-term value for all stakeholders, including the Government of India.
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