 "Rs 15.26 crore dividend cheque of Repco Bank presented to Amit Shah")
A cheque of Rs 15.26 crore was presented to Union Home Minister Amit Shah here on Wednesday as the dividend of the Repco Bank, a government of India enterprise under the administrative control of the Ministry of Home Affairs, officials said.
The cheque was given to the home ministry by Repco Bank's chairman E Santhanam and Managing Director R S Isabella.
The dividend amount of Rs 15.26 crore is 20 per cent of the share capital of Rs 76.32 crore held by the government of India for the financial year 2022-23, officials said.
The bank posted 8 per cent growth in business and 10 per cent growth in profit during the fiscal 2022-23.
As a remarkable achievement, the bank has crossed business of Rs 18,000 crore, they said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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