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Mumbai:
P S Shenoy, chairman & managing director of Bank
of Baroda presented a cheque of Rs 68.60 crore today
in New Delhi to the finance minister, P Chidambaram
being the Government share towards the final dividend
@ 35 per cent.
Bank
of Baroda has already given Rs 58.80 crore as an interim
dividend to the government of India. The total dividend
paid by the bank
for the year 2003-04 is Rs 127.40 crore which is 65
per cent on the government holding of equity capital
of Rs 196 crore.
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