Corporation Bank has presented a dividend warrant of Rs 173.80 crore to the Union Finance Minister in New Delhi recently.
A press release by the bank said here on Tuesday that Ajai Kumar, the then Chairman and Managing Director of Corporation Bank, presented the cheque to P. Chidambaram, Union Finance Minister, in the presence of Namo Narain Meena, Union Minister of State for Finance, Snehlata Shrivastava, Additional Secretary, Department of Financial Services.
The amount pertains to the dividend declared by the bank for 2012-13 at Rs 19 on a paid-up equity share of Rs10 each.
Amar Lal Daultani, Executive Director of the bank, and Anna Roy, Government of India nominee director on the board of the bank, were present on the occasion.