Union Bank of India pays a record dividend of Rs 1712 crore to the Government of India for FY 2022-23

Mumbai 09 August, 2023 : Union Bank of India (UBI), has given to the Government a dividend cheque of ₹ 1,712 crore for the financial year 2022-23. This is the highest dividend the Union Bank of India has given in any financial year. Ms. A. Manimekhalai, Managing Director & CEO of Union Bank of India handed over the dividend cheque to the Hon’ble Finance Minister Smt. Nirmala Sitharaman on Wednesday, August 9, 2023 at New Delhi. Joint Secretary (Banking) Shri Sameer Shukla was also present on the occasion.