Canara Financial institution Dividend: Public sector Canara Financial institution has given a dividend of Rs 2,283.41 crore to the central authorities for FY 2024-25. In a program, the managing director of the financial institution and Satyanarayan Raju of CEO handed over the examine of dividend to Union Finance Minister Nirmala Sitharaman. He was accompanied by the financial institution’s govt director- Hardeep Singh Ahluwalia, Bhavendra Kumar and SK Mazumdar. The federal government had a 62.93 % stake within the financial institution until the top of March 2025. Canara Financial institution had introduced a last dividend of Rs 4 per share on share of Rs 2 face worth for FY 2024-25. The file date to determine the eligibility of shareholders was 14 June 2025. By this date, the shareholders whose names have been within the data of the Register of Members of the Firm or Depositors because the beneficiary house owners of the shares have been entitled to dividend. In FY 2023-24, Canara Financial institution gave a last dividend of Rs 3.22 per share to shareholders. Within the yr 2025, Canara Financial institution’s revenue up 17 % within the yr 2025, in 2024-25, within the yr 2024-25, Canara Financial institution’s internet revenue elevated by 16.99 % to Rs 17,027 crore. It was Rs 14,554 crore in FY 2023-24. The financial institution’s internet revenue elevated by 18 % to Rs 3,757 crore within the January-March 2025 quarter. The revenue was Rs 3,175 crore a yr in the past. The whole earnings of the financial institution elevated to Rs 34,025 crore, which was Rs 28,685 crore within the March 2024 quarter. Jyoti CNC can promote ₹ 1542 crore shares, 241% above IPO value. Share is operating 14 % sturdy market market cap within the month. The inventory closed at Rs 111 at BSE on Friday, June 27. The inventory of Canara Financial institution has come down about 19 % in a yr and 9 % in 6 months. The share value has elevated by 14 % in a month. In Could, MK International Monetary gave a goal value of Rs 120 per share for the inventory in Could after the financial institution’s march quarter launched. The web site or administration shouldn’t be answerable for this. Moneycontrol advises to customers that all the time search the recommendation of licensed consultants earlier than taking any funding resolution.
