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The Hindu·2 min read·medium

Canara Bank hands over ₹2,397 crore dividend cheque to FM Nirmala Sitharaman

T
The Hindu Bureau
Canara Bank hands over ₹2,397 crore dividend cheque to FM Nirmala Sitharaman
AI Summary

Canara Bank has presented a dividend cheque of ₹2,397 crore to the Indian Finance Minister following a record-breaking financial year. The bank reported a 12.69% increase in net profit for 2025-26.

Why it matters

The dividend payment highlights the strong financial health of state-owned lenders in India and their contribution to the national exchequer.

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Canara Bank handed over a dividend cheque of ₹2,397 crore for the financial year 2025-2026 to Union Finance Minister Nirmala Sitharaman.

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Confidence: 90%

The report is a factual summary of a corporate financial event and government interaction.

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