2003-04 banks' payouts far below cap

Net profitDividendDiv/NP(%)* SBI3681578.9315.73 ICICI Bank1637.11544.0633.23 Canara Bank1338.0120515.32 Bank of Baroda967190.6219.71 Bank of India1008.32164.9516.36 Union Bank of India712.05161.0422.62 Indian Overseas Bank512.76122.9223.97 Vijaya Bank411.31122.2729.73 Andhra Bank463.511224.16 Syndicate Bank434.13106.4924.53 *Dividend as per cent of net profit  Dividend payout data available with the Business Standard Research Bureau show that almost all listed banks are now eligible to pay an enhanced dividend of 40 per cent of net profits as most banks already comply with the new norms.