Overview

• Managing Director and CEO Amitava Chatterjee presented two cheques of Rs 122.85 crore and Rs 7.92 crore.
• The cheques were delivered to Lieutenant Governor Manoj Sinha at Raj Bhawan in Srinagar.
• The 215% dividend for FY2024-25 was approved at the bank’s 87th AGM, initiating payments to shareholders.
• Officials cited a recovery from a Rs 1,139 crore loss in 2019-20 to a highest-ever net profit of Rs 2,082 crore in FY2024-25.
• Sinha urged expanded financial inclusion and MSME support, while Chatterjee reaffirmed contributions to Mission YUVA.