Repco Bank Registers 11% Growth, Delivers Rs 19.08 Crore Dividend to MHA

Union Home Minister Amit Shah received a cheque of Rs 19.08 crore as a dividend from Repco Bank, a Government of India enterprise. The bank reported an impressive 11% growth rate for the financial year 2023-24, highlighting its dedication to serving the nation under the Ministry of Home Affairs.


Devdiscourse News Desk | New Delhi | Updated: 22-08-2024 21:49 IST | Created: 22-08-2024 21:49 IST
Repco Bank Registers 11% Growth, Delivers Rs 19.08 Crore Dividend to MHA
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Union Home Minister Amit Shah received a significant dividend cheque of Rs 19.08 crore from Repco Bank on Thursday. The bank, an enterprise operated by the Government of India, functions under the administrative control of the Ministry of Home Affairs.

Shah praised Repco Bank for its extraordinary achievement of recording an 11% growth rate for the financial year 2023-24. He lauded the bank's commitment to exceptional service and financial performance.

''Today, on behalf of the MHA, I received a cheque for Rs 19.08 crore from Repco Bank's Chairman Shri E Santhanam and Managing Director Shri O M Gokul,'' Shah announced in a post on X. ''The bank has demonstrated what dedication to national service can achieve under the MHA's guidance.''

(With inputs from agencies.)

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