 "Rs 15.26 crore dividend cheque from REPCO Bank")
The Home Minister received it on behalf of the central government from Managing Director of REPCO Bank R Vardarajan, an official release said here.
REPCO Bank, which is under the administrative control of the Ministry of Home Affairs and functions as a multi-state cooperative society, was set up in the year 1969 to help and promote the rehabilitation of repatriates from Sri Lanka, Myanmar, Vietnam and other countries.
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The total authorised capital of the Bank stood at Rs 500 crore against which the amount of subscribed capital is Rs 104 crore.
The central government has 73.33% share, Tamil Nadu government has 2.91% share, Andhra Pradesh has 1.73%, Kerala has 0.59%, Karnataka has 0.17% and repatriates have 21.28% share.
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