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Money & Banking - Public Sector Banks


BoB pays Rs 62-crore final dividend to Govt

Our Bureau

New Delhi , July 15

BANK of Baroda on Friday paid a final dividend of Rs 62.72 crore to the Government for fiscal 2004-05. The dividend was paid at the rate of 32 per cent on the Government's share in the bank.

The Chairman and Managing Director, Dr A.K. Khandelwal, handed over the dividend cheque to the Finance Minister, Mr P. Chidambaram.

The bank has already paid Rs 35.28 crore as interim dividend to the Government.

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