Bank Of Maharashtra: Bank of Maharashtra pays dividend of Rs 857 crore to Union finance minister for FY24 | Pune News

Bank Of Maharashtra: Bank of Maharashtra pays dividend of Rs 857 crore to Union finance minister for FY24 | Pune News
Bank Of Maharashtra: Bank of Maharashtra pays dividend of Rs 857 crore to Union finance minister for FY24 | Pune News

Pune: Bank of Maharashtra has paid a dividend of Rs 857.2 crore for the FY24 to Union finance minister Nirmala Sitharaman. The dividend was presented by Nidhu Saxena, MD & CEO, along with Asheesh Pandey executive director Santosh Dular and other officials. The bank has declared a dividend of Rs 1.40 per equity share for FY24. The bank’s net profit for FY24 increased by 56% to Rs 4,055 crore, compared to Rs 2,602 crore in the previous fiscal year. At present, the lender has a network of more than 2,500 branches and 2,206 ATMs. TNNWe also published the following articles recentlySitharaman likely to present budget for fiscal year 2024-35 in second half of JulyFinance Minister Nirmala…
Read More…

Source: https://timesofindia.indiatimes.com/city/pune/bank-of-maharashtra-pays-dividend-of-rs-857-crore-to-union-finance-minister-for-fy24/amp_articleshow/111179344.cms