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Thursday, September 27, 2012

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

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.


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