PSU Banks Pay ₹6,481 Crore Dividend to Govt for FY 2023-24

Four public sector banks, including Canara Bank, Indian Bank, Bank of India, and EXIM Bank, have collectively paid a dividend of ₹6,481 crore to the government for the financial year 2023-24. Finance Minister Nirmala Sitharaman received dividend cheques from each bank’s managing directors and CEOs

Bank of Baroda

  • Managing Director & CEO: Shri Debadatta Chand
  • Dividend Amount: ₹2,514.22 crore

Canara Bank

  • MD and CEO: K Satyanarayana Raju
  • Dividend Amount: ₹1,838.15 crore

Indian Bank

  • Location: Chennai
  • Dividend Amount: ₹1,193.45 crore

Bank of India

  • MD and CEO: Rajneesh Karnatak
  • Dividend Amount: ₹935.44 crore

EXIM Bank

  • Location: Mumbai
  • Dividend Amount: ₹252 crore

Piyush Shukla

Recent Posts

Who Designed the Indian National Flag? The Story About the Tricolour

As India celebrating its 80th Independence Day in 2026, there are many historical events that…

2 days ago

Who Wrote the Indian National Anthem? Know the History, Author and Important Facts

India’s National Anthem “Jana Gana Mana” is one of the most important national symbols of…

2 days ago

Indian Independence Act 1947: Background, Features, Provisions and Significance

The Indian Independence Act 1947 which was one of the most significant constitutional landmarks in…

2 days ago

List of Books and Biographies on India’s Freedom Fighters

The struggle for Indian freedom was waged not just on the streets and in jails…

2 days ago

Top 50 Independence Day GK Questions for SSC, Railway & Banking Exams

India celebrates its 80th Independence Day on August 15, 2026, after completing 79 years of…

2 days ago

India at 80: How Far Have We Come Since 1947? 10 Numbers That Tell the Story

India’s history since its Independence is a unique story of economic and social development. At…

2 days ago