Bank of Baroda hands over ₹2,762 cr dividend cheque to FM Sitharaman
New Delhi: Public Sector lender Bank of Baroda handed over a dividend cheque of ₹2,762 crore for the financial year ended March 31, 2025, to Union Finance Minister Nirmala Sitharaman.
The cheque was handed over by Bank of Baroda MD & CEO Debadatta Chand at the Finance Minister’s office in North Block, New Delhi.
Department of Financial Services (DFS) Secretary M. Nagaraju and DFS Joint Secretary Ashish Madhaorao More and Bank’s Executive Directors Lalit Tyagi, Sanjay Mudaliar, Lal Singh and Beena Vaheed, were also present on the occasion.
The dividend reflects the Bank’s strong and consistent financial performance and its continued commitment to India’s economic growth and delivering value to its stakeholders.
For FY 2024-25, the Bank recorded an all-time high standalone net profit of ₹19,581 crore, registering a year-on-year growth of 10.1%.
The Bank declared a dividend of ₹8.35 per equity share for FY 2024-25 which is 418% of the face value per share of Rs.2/-.
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