Public sector lenders Punjab National Bank (PNB), Canara Bank, Bank of Baroda (BoB) and Indian Bank together paid a dividend of ₹9,439 crore to the government for the financial year 2025-26 on Monday. PNB MD & CEO Ashok Chandra presented a dividend cheque of ₹2,416 crore for FY 2025-26 to Finance Minister Nirmala Sitharaman in the presence of Financial Services Secretary Sanjay Lohiya, the bank said in a post on X. Newly appointed Canara Bank MD and CEO Brajesh Kumar Singh also presented a dividend cheque of ₹2,397 crore to the Finance Minister during the day. For the financial year 2025-26, Canara Bank declared a dividend of 4.2 per share, representing 210 per cent of the face value of ₹2 each, the lender said in a statement. The dividend payout is a testament to Canara Bank's strong financial performance and its ongoing commitment to creating long-term value for all stakeholders, including its majority stakeholder, the Government of India, it said. In its statement, BoB said the bank's MD and CEO, Debadatta Chand, presented a dividend cheque of ₹2,811 crore to the Finance Minister. For 2025-26, the bank declared a dividend of ₹8.50 per equity share, representing 425 per cent of the face value of ₹2 each.Indian Bank's MD and CEO, Binod Kumar, handed over a dividend cheque of ₹1,815.05 crore to the Finance Minister. Indian Bank remains committed to supporting the Government of India's vision of Viksit Bharat by driving inclusive growth through fostering banking and enhanced financial inclusion, the Chennai-based lender said in a statement. The bank has continued to maintain healthy growth across key business segments while strengthening its asset quality, operational efficiency, and customer-centric initiatives, it added.Published on June 30, 2026
Four PSU banks pay ₹9,439 cr dividend to govt for FY26
Four PSU banks pay ₹9,439 crore dividend to the government for FY26, highlighting strong financial performance and commitment to stakeholders.










