Economy · India

Public Sector Banks Present Dividends to Finance Minister

Two public sector banks, Bank of Baroda and Canara Bank, have presented dividend cheques totaling over Rs 5,000 crore to Union Finance Minister Nirmala Sitharaman. Canara Bank reported a record net profit for the fiscal year 2025-26, showing a year-on-year increase. The government holds a significant stake in these banks.

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