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Corporation Bank Pays a Dividend of Rs. 173.80 crore to the Government of India.

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Mangalore : Shri Ajai Kumar, Chairman & Managing Director of Corporation Bank presented a Dividend Warrant of Rs. 173,80,76,129/- [Rupees One Hundred Seventy Three Crore Eighty Lakh Seventy Six Thousand One Hundred Twenty Nine Only] to Shri P Chidambaram, Hon’ble Union Finance Minister in the presence of Shri Namo Narain Meena, Hon’ble Minister of State for Finance and Ms. Snehlata Shrivastava, Addl. Secretary, Department of Financial Services, Ministry of Finance at New Delhi. The amount pertains to the dividend declared by the Bank for the Financial Year 2012-13, at Rs. 19/- on a paid up equity share of Rs.10/- each.

Shri Amar Lal Daultani, Executive Director, Ms. Anna Roy, Government of India Nominee Director on the Board and Shri Jai Kumar, Circle General Manager of the Bank were present on the occasion.

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