| Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
|---|---|---|---|---|---|---|
| Dividend | 3 May 2025 | 10 Jun 2025 | 10 Jun 2025 | 16.25 | 162.5 | Final |
| Outcome of Board Meeting - Audited Financial Results for the fourth quarter and financial year ended on March 31, 2025 Recommended dividend of Rs.16.25 per Equity Share i.e @ 162.50 % of paid up Equity Capital of the Bank for the Financial Year 2024-25 Record Date for payment of Dividend and AGM | ||||||
Indian Bank's operating margin also increased, rising to 26.52% in Q4 from 25.45% in the same period last year.
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Binod Kumar, who is the Executive Director at Punjab National Bank, is to take SL Jain's place. Jain will retire next month.
This new approval comes on top of the ₹5,000 Crore already raised earlier in the financial year 2024-25.
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Punjab National Bank levied the highest fee of ₹633 crore, followed by Bank of Baroda at ₹386 crore for non-maintenance quarterly balance.
K Satyanarayana Raju, MD and CEO of Canara Bank, presented a dividend check for ₹1,838.15 Crore.
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