New Delhi: Repco Bank, a Government of India enterprise under the administrative control of the Ministry of Home Affairs (MHA), today presented a ₹22.90 crore dividend cheque for FY 2024–25 to Union Home Minister and Minister of Cooperation, Shri Amit Shah in New Delhi.
The cheque was formally handed over by:
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Shri E. Santhanam, Chairman
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Shri C. Thangaraju, Director & Chairman, Repco Home Finance Ltd.
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Shri O.M. Gokul, Managing Director
Also present were Union Home Secretary Shri Govind Mohan and Secretary, Border Management Dr. Rajendra Kumar.
📈 FY 2024–25: A Historic Year for Repco Bank
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₹140 crore net profit recorded in FY 2024–25 — highest in the bank’s history
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30% dividend declared — a record for the cooperative bank
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Over three decades of consistent dividend payments
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Government of India holds 50.08% stake in the bank
🗣️ Shri Amit Shah Lauds Repco Bank’s Performance
In a post on platform ‘X’, Shri Amit Shah congratulated the team, calling Repco Bank a “model of efficiency, dedication, and professionalism.” He noted that the institution has become an inspiration for India’s broader cooperative sector.
“The bank under MHA’s jurisdiction has set a remarkable example for others in the cooperative ecosystem. My best wishes to the team for their continued success,” Shri Shah said.
🏦 About Repco Bank
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A Government of India Enterprise, founded in 1969
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Specializes in providing banking and financial services to repatriates and general public
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Operates under the Ministry of Home Affairs, with a strong presence in southern India
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Also owns Repco Home Finance Ltd., a prominent housing finance company
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