![]() Financial Daily from THE HINDU group of publications Wednesday, Jul 20, 2005 |
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Money & Banking
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Public Sector Banks SBI pays Rs 393-cr dividend to RBI Our Bureau
Mumbai , July 19 STATE Bank of India made a payment of Rs 392.92 crore to Reserve Bank of India, representing the dividend for the financial year 2004-05, said a press release. SBI Chairman, Mr A.K. Purwar handed over the cheque to RBI Governor, Dr Y.V. Reddy on Tuesday. For the fiscal 2004-05, SBI has declared 125 per cent dividend, including 25 per cent special dividend to commemorate the beginning of 200 years of the bank.
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