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 Money & Banking - Dividend Announcement
IDBI hands over dividend cheque

Our Bureau

Mumbai , July 21

Mr V.P. Shetty, Chairman and Managing Director, Industrial Development Bank of India Ltd, presented a cheque for Rs 57.25 crore to the Finance Minister, Mr P. Chidambaram, on July 21.

The amount represents dividend payable at Rs 1.50 per share for the financial year ended March 31 on the equity share capital held by the Government, a press release here said.

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