Monday, Jul 15 2024 | Time 23:24 Hrs(IST)
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Business Economy


Canara Bank hands over Rs 1,838 cr dividend cheque to Govt for FY24

New Delhi, July 10 (UNI) Public sector Canara Bank on Wednesday handed over a dividend cheque of Rs 1,838 crore for the financial year 2023-24 to Union Finance Minister Nirmala Sitharaman.
The cheque was handed over by K Satyanarayana Raju, Managing Director & Chief Executive Officer of Canara Bank, it said in a statement.
This dividend payout reflects Canara Bank's unwavering commitment to its stakeholders and its strong financial health, driven by strategic initiatives and sound banking practices. The bank continues to play a pivotal role in supporting India's economic growth and development through its extensive range of financial products and services.
The MD & CEO stated "It is an honour to present this dividend cheque to the Hon’ble Finance Minister, Smt. Nirmala Sitharaman. This achievement is a testament to the hard work and dedication of our entire team at Canara Bank. We remain committed to delivering value to our shareholders and contributing to the nation's economic progress."
UNI SKB CS1936
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