Bengaluru, July 08, 2025: Bank of India handed over dividend cheque dated 03nd July 2025 of Rs.1,353.05 crores for the financial year 2024-25 to Government of India on 08th July, 2025. The dividend cheque was presented by Shri Rajneesh Karnatak, Managing Director & CEO and all the three Executive Directors of Bank of India to Finance Minister Smt. Nirmala Sitharaman in the presence of Shri M. Nagaraju, Secretary, DFS and Shri Ashish More, Joint Secretary, DFS.
Bank of India had declared dividend of Rs.4.05 per equity share (40.50%) for the financial year 2024-25.
For the full year 2024-25, Bank of India’s net profit jumped by 46%, which went up from Rs. 6,318 crores in FY24 to Rs. 9,219 crores for FY25.
By successfully paying dividends to the Government of India, Bank of India reaffirms its robust financial performance and unwavering dedication to creating value for its shareholders. This accomplishment stands as a testament to the bank’s commitment to excellence and its ability to generate consistent returns.
