Which bank came to highlight recently for declaring an interim - TopicsExpress



          

Which bank came to highlight recently for declaring an interim dividend of 9000%, which is said to be the highest in India’s banking industry? – Tamilnad Mercantile Bank – TMB (Tuticorin-based TMB took a decision to this effect at a meeting held on 18 January 2014. This dividend stands at Rs. 900 per share of Rs 10 each, for the fiscal ending March 2014. This is the second year in a row that the bank has declared such a high dividend. The bank’s board had approved a dividend of Rs 750 per share for 2008-09 and Rs 1,000 per share the following year)
Posted on: Sun, 09 Mar 2014 07:04:14 +0000

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