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.