Dividend paid by PSU Banks to Government, Check Bank Wise Amount

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Public Sectors Banks in India Public Sector Undertaking (PSU) banks in India pay dividends to the government because the government is their majority shareholder. As a shareholder, the government is entitled to a portion of the profits that these banks generate, which is distributed in the form of dividends. This practice helps the government earn a return on its investment in these banks, providing an additional source of revenue that can be used for various public expenditures and to support fiscal policies.

BankAmount (Rs. Crores)
SBI6959
Bank Of Baroda2514.22
Bank of India935.44
Canara Bank1838.15
Indian Bank1193.45
Bank of Maharashtra857

The dividend amount paid by other banks will be released soon.

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