Bank of Maharashtra presents dividend cheque of Rs 795.94 crore to Finance Minister Nirmala Sitharaman

Bank of Maharashtra presents dividend cheque of Rs 795.94 crore to Finance Minister Nirmala Sitharaman

Mumbai (Maharashtra) [India], June 21: Bank of Maharashtra (BoM), a premiere public sector Bank in the country, on Tuesday, paid a dividend cheque of Rs 795.94 crore for the financial year 2022-23 to Finance Minister Nirmala Sitharaman. The dividend cheque was presented by A S Rajeev, MD & CEO, Bank of Maharashtra along with Executive Directors A B Vijayakumar and Asheesh Pandey, in the presence of Sameer Shukla, Joint Secretary, Department of Financial Services.

Bank of Maharashtra declared a dividend of Rs 1.30 per equity share (13 percent) for the financial year ended on March 31, 2023. This dividend payment reflects the bank’s impressive financial performance during the fiscal…
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Source: https://theprint.in/ani-press-releases/bank-of-maharashtra-presents-dividend-cheque-of-rs-795-94-crore-to-finance-minister-nirmala-sitharaman/1635778/?amp