L-R, Shri Ashish Madhaorao More, Joint Secretary, Department of Financial Services, Dr. Alok Pande, Additional Secretary, Govt. Nominee Director of the Bank, Shri M Nagaraju, Secretary, Department of Financial Services, Hon’ble Union Finance Minister Smt. Nirmala Sitharaman, Shri. Binod Kumar, Shri Ashutosh Choudhury, Executive Director and Shri Sunil Jain, Chief Financial Officer of the Bank
Indian Bank MD & CEO Binod Kumar on Tuesdayhanded over a dividend cheque of ₹1616.14 crore for the financial year 2024-25 to the Union Finance Minister Nirmala Sitharaman.
This happened in the presence of M Nagaraju, Secretary, Department of Financial Services, Alok Pande, Additional Secretary & Government Nominee Director of the bank and Ashish Madhaorao More, Joint Secretary, Department of Financial Services.
For the financial year 2024-25, Indian Bank declared a dividend of ₹16.25 per share, in line with its robust financial performance.
“The dividend payout highlights Indian Bank’s strong financial performance and its ongoing dedication to creating long-term value for all stakeholders, including the Government of India,” a statement from the public sector bank said.
Published on July 8, 2025
