The Central Government has not only earned record earnings from the Reserve Bank. In fact, government banks also deposited dividends worth several thousand crore rupees in the government treasury. Canara Bank, Bank of Baroda have given record money as dividend. The special thing is that only 4 banks deposited more than Rs 9400 crore in the government treasury. Earlier, the country's banking regulator RBI had announced a record dividend of more than Rs 2.86 lakh crore. Let us also tell you what kind of information has come to light regarding the dividends of banks.
Government lenders Canara Bank, Bank of Baroda, Punjab National Bank and Indian Bank have given a total dividend of Rs 9,439 crore to the central government for the financial year 2025-26. Canara Bank's newly appointed Managing Director (MD) and Chief Executive Officer (CEO) Brajesh Kumar Singh handed over a dividend check of Rs 2,397 crore to Finance Minister Nirmala Sitharaman. Financial Services Secretary Sanjay Lohia was also present on this occasion. Canara Bank has declared a dividend of Rs 4.20 per share for the financial year 2025-26, which is 210 per cent of each share having face value of Rs 2.
PNB Managing Director and CEO Ashok Chandra handed over a dividend check of Rs 2,416 crore to Finance Minister Nirmala Sitharaman. Bank of Baroda said in a statement that its MD and CEO Debdutt Chand handed over a dividend check of Rs 2,811 crore to the Finance Minister. The bank has declared a dividend of Rs 8.50 per equity share for the financial year 2025-26, which is 425 per cent of each share having face value of Rs 2. Indian Bank MD and CEO Binod Kumar handed over a dividend check of Rs 1,815.05 crore to the Finance Minister. Chennai-based Indian Bank said in a statement that it is committed to furthering the government's vision of a developed India by promoting inclusive banking and financial inclusion.
