Canara Bank MD & CEO presents dividend cheque for FY 2023-24 to Union Finance Minister

In a significant event underscoring Canara Bank’s robust financial performance, K Satyanarayana Raju, Managing Director & Chief Executive Officer, Canara Bank, handed over a dividend cheque of Rs 1,838 crore for the financial year 2023-24 to the Union Finance Minister Nirmala Sitharaman.

The event was held in New Delhi and attended by Dr. Prashant Kumar Goyal, Joint Secretary, Ministry of Finance, Government of India, and the Executive Directors of Canara Bank: Debashish Mukherjee, Ashok Chandra, Hardeep Singh Ahluwalia, Bhavendra Kumar, and Chief General Manager Delhi, Rajesh Kumar Singh.

This dividend payout reflects Canara Bank's unwavering commitment to its stakeholders and its strong financial health, driven by strategic initiatives and sound banking practices. The bank continues to play a pivotal role in supporting India's economic growth and development through its extensive range of financial products and services.

K Satyanarayana Raju, MD & CEO, Canara Bank expressed his pride in the bank's performance and its contribution to the nation's financial stability. He stated, “It is an honour to present this dividend cheque to the Hon’ble Finance Minister, Smt. Nirmala Sitharaman. This achievement is a testament to the hard work and dedication of our entire team at Canara Bank. We remain committed to delivering value to our shareholders and contributing to the nation's economic progress.”