Financial institution of Maharashtra pays ₹857 cr dividend to Govt

Financial institution of Maharashtra (BoM) has paid ₹857.16 crore dividend for the monetary 12 months 2023-24 to the Authorities. Nidhu Saxena, MD & CEO, offered the dividend on Friday to Union Finance Minister Nirmala Sitharaman. The Authorities holds an 86.46 per cent stake within the public sector financial institution. BoM had declared a dividend of ₹1.40 per fairness share (14 per cent) for FY24.



#Financial institution #Maharashtra #pays #dividend #Govt