Union Bank Hands Over Record Dividend Of Rs 1,712 Crore To Government

State-owned Union Bank of India Ltd. on Wednesday presented a dividend cheque of Rs 1,712 crore for FY23.

It is the highest dividend Union Bank of India has given in any financial year, the bank said in a statement.

Union Bank of India managing director A Manimekhalai handed over the dividend cheque to Finance Minister Nirmala Sitharaman in the presence of Joint Secretary (Banking) Sameer Shukla.