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PSB Dividend Increase

Public Sector Banks May Exceed Rs 15,000 Crore In Dividend Payout For FY24

March 24, 2024 by Admin
Public Sector Banks May Exceed Rs 15,000 Crore In Dividend Payout For FY24

New Delhi: Public sector banks (PSBs) are expected to pay a dividend exceeding Rs 15,000 crore for the financial year ending March 2024, fueled by enhanced profitability, as per sources. During the initial three quarters of the present fiscal year, the combined profit of all 12 PSBs amounted to Rs …

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