Corporation Bank AGM approves dividend

June 30, 2015 12:05 am | Updated 12:07 am IST - MANGALURU:

At the annual general meeting of Corporation Bank on Monday, shareholders approved dividend payment of Rs.1.4 per share of Rs.2 each for the financial year 2014-15.

Addressing the meeting, Bank Chairman and Managing Director S.R. Bansal said the year passed by was a challenging one as the banking industry was passing through a difficult phase. Still, the bank had done fairly well in achieving healthy growth in business, revenues and customer-base.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.