Repco Bank Presents ₹19.08 Crore Dividend Cheque to Amit Shah

The cheque represents a 25% dividend on the ₹76.32 crore share capital held by the Government of India.

Devdiscourse News Desk | New Delhi | Updated: 23-08-2024 18:32 IST | Created: 23-08-2024 18:32 IST

Repco Bank Presents ₹19.08 Crore Dividend Cheque to Amit Shah — Repco Bank reported an 11% growth in its Business Mix during the FY 2023-24, surpassing the ₹20,000 crore milestone in Business Mix, marking a significant achievement for the institution. Image Credit: Twitter(@AmitShah)

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India

Repco Bank, a Government of India enterprise under the Ministry of Home Affairs, presented a cheque of ₹19.08 crore to Union Home Minister and Minister of Cooperation, Shri Amit Shah, as a dividend for the Financial Year 2023-24. The cheque represents a 25% dividend on the ₹76.32 crore share capital held by the Government of India.

The cheque was handed over by Repco Bank's Chairman, Shri E. Santhanam, and Managing Director, Shri O. M. Gokul, in the presence of Union Home Secretary Shri Ajay Kumar Bhalla and Officer on Special Duty (OSD), MHA Shri Govind Mohan.

Repco Bank reported an 11% growth in its Business Mix during the FY 2023-24, surpassing the ₹20,000 crore milestone in Business Mix, marking a significant achievement for the institution.