Union Bank of India pays a record dividend of Rs 1712 crore to the Government of India for FY 2022-23

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This is the highest dividend the Union Bank of India has given in any financial year

KRC TIMES Assam Bureau

Guwahati : Union Bank of India (UBI), has given to the Government a dividend cheque of ₹ 1,712 crore for the financial year 2022-23. This is the highest dividend the Union Bank of India has given in any financial year.

A. Manimekhalai, Managing Director & CEO of Union Bank of India handed over the dividend cheque to the Finance Minister Nirmala Sitharaman on Wednesday, August 9, 2023 at New Delhi. Joint Secretary (Banking) Sameer Shukla was also present on the occasion.

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