Repco Bank Presents ₹22.90 Crore Dividend Cheque to Union Home Minister Amit Shah for FY 2024-25
Amit Shah congratulated the Repco Bank team for achieving a record net profit of ₹140 crore—the highest in the bank's history
Repco Bank, a Government of India enterprise under the administrative control of the Ministry of Home Affairs (MHA), presented a dividend cheque of ₹22.90 crore for the financial year 2024-25 to Union Home Minister and Minister of Cooperation, Shri Amit Shah, in New Delhi.
On the occasion, Amit Shah congratulated the Repco Bank team for achieving a record net profit of ₹140 crore—the highest in the bank’s history. Commending the institution’s remarkable performance, the Home Minister remarked that Repco Bank has set an example of efficiency, dedication, and professionalism that will serve as an inspiration for the entire cooperative banking sector.
In a post on social media platform ‘X’, Shah noted that the bank’s consistent growth under the MHA’s jurisdiction highlights its steadfast commitment to cooperative excellence. “All my best wishes to the team on their future journey,” he added.
The cheque was formally handed over by E. Santhanam, Chairman of Repco Bank, C. Thangaraju, Director of Repco Bank and Chairman of Repco Home Finance Ltd., and O.M. Gokul, Managing Director of Repco Bank. Also present on the occasion were Union Home Secretary Govind Mohan and Secretary, Border Management, Dr. Rajendra Kumar.
Repco Bank has declared a 30% dividend for FY 2024-25, the highest in its history as a cooperative society. With the Government of India holding a 50.08% share, Repco Bank has remained a profitable and dividend-declaring institution for over three decades, showcasing a strong legacy of financial discipline and public accountability.
