Repco Bank handed over a cheque for ₹19.08 crore towards dividend to Union Home Minister and Minister of Cooperation Amit Shah in New Delhi on Friday.
The cheque of ₹19.08 crore towards dividend @ 25% on the share capital of 76.32 crore held by Government of India for the Financial Year 2023-24 was handed over by the Chairman Repco Bank, E. Santhanam and Managing Director, OM Gokul. Union Home Secretary Ajay Kumar Bhalla, and Officer on Special Duty (OSD), MHA Govind Mohan were also present on the occasion.
Repco Bank is a Government of India enterprise, under the administrative control of the Ministry of Home Affairs. The bank posted 11% growth in business mix during the FY 2023-24. As a remarkable achievement, the bank has crossed business mix of ₹20,000 crore, the Ministry of Home Affairs said in a statement.
