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Union Bank of India Pays a Record Dividend of Rs 1712 crore

In Business
August 11, 2023

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 Finance Minister Nirmala Sitharaman on Wednesday, August 9, 2023 at New Delhi. Joint Secretary (Banking) Sameer Shukla was also present on the occasion.