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Public sector banks' dividend rises 33% to ₹27,830 crore

Financial Express Kochi

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March 24, 2025

Public sector banks (PSBs) have risen by 33% to ₹27,830 crore in FY24, indicating a significant improvement in the financial health of these lenders.

- PRESS TRUST OF INDIA

DIVIDEND PAYOUT BY public sector banks (PSBs) have risen by 33% to ₹27,830 crore in FY24, indicating a significant improvement in the financial health of these lenders.

PSBs declared a dividend of ₹27,830 crore to shareholders in FY24 as against ₹20,964 crore in the previous fiscal, registering an increase of 32.7%, according to the government data.

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