Punjab & Sind Bank pays Rs 36.61-cr dividend to Centre

Our Bureau Updated - September 27, 2012 at 04:17 PM.

Punjab & Sind Bank has paid Rs 36.61 crore to the Central Government towards dividend for the financial year 2011-12.

A sum of Rs 5.94 crore has also been paid as dividend distribution tax.

The dividend cheque was handed over to Finance Minister P. Chidambaram by the bank’s Chairman & Managing Director D.P. Singh here today.

For the financial year 2011-12, PSB had declared 20 per cent dividend on the equity shares.

srivats.kr@thehindu.co.in

Published on September 27, 2012 10:47