Repco Bank presented a cheque of Rs. 22.90 crore towards dividend for FY 2024-25
to Union Home Minister and Minister of Cooperation, Shri Amit Shah, in New Delhi.
The Union Home Minister congratulated Team Repco Bank for posting a record
net profit of Rs. 140 crore, the highest in the bank’s history.
Key Highlights
- Dividend presented: Rs. 22.90 crore for FY 2024-25.
- Highest-ever net profit: Rs. 140 crore.
- 30% dividend declared, the highest in the bank’s history.
- Repco Bank has been consistently profit-making for 30+ years.
- Government of India holds 50.08% shares; bank is under MHA.
Dignitaries Present
| Name | Designation |
|---|---|
| Shri Amit Shah | Union Home Minister & Minister of Cooperation |
| Shri E. Santhanam | Chairman, Repco Bank |
| Shri C. Thangaraju | Director, Repco Bank & Chairman, Repco Home Finance Ltd. |
| Shri O.M. Gokul | Managing Director, Repco Bank |
| Shri Govind Mohan | Union Home Secretary |
| Dr. Rajendra Kumar | Secretary, Border Management |
Shri Amit Shah, in a post on X, stated that Repco Bank under the jurisdiction of the
Ministry of Home Affairs has set an example of efficiency, dedication,
and professionalism, serving as an inspiration for the cooperative sector.
Source: Press Information Bureau (PIB)
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