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

Government Unveils BHAVYA Scheme Guidelines to Build 100 World-Class Industrial Parks Across India

The Union Government of India has released the detailed guidelines for the BHAVYA Scheme. This…

14 minutes ago

Kumbhalgarh Fort Recognized as World’s Second Longest Continuous Wall By UNESCO

UNESCO survey has recognized the Kumbhalgarh Fort as the second longest continuous intact wall in…

54 minutes ago

Jaishankar-Rubio Talks Strengthen India-US Strategic Partnership Ahead of Quad Meeting

As US Secretary of State Marco Rubio on his official visit to India he held…

2 hours ago

Gurindervir Singh Becomes Fastest Indian Sprinter with Historic 10.09-Second 100m Run

India's Gurindervir Singh became the fastest ever Indian sprinter as he clocked an incredible 10.09…

2 hours ago

World Thyroid Day 2026 Highlights Rising Global Burden of Thyroid Disorders

On 25th May world observes the World Thyroid Day to raise the awareness about the…

3 hours ago

Rash Behari Bose Birth Anniversary 2026: History, Contributions, and Role in India’s Freedom Struggle

On 25th May, India remembers courageous revolutionary freedom fighter Rash Behari Bose on his birth…

3 hours ago