Search: Look for:   Last 1 Month   Last 6 Months   All time

Rs. 15.26 crore dividend from REPCO Bank to Government of India

New Delhi, Mon, 15 Sep 2014 NI Wire

Today, Union Home Minister Shri Rajnath Singh received a cheque of Rs. 15.26 crore das ividend from the REPCO Bank on the behalf of Government of India. The cheque was handed over by the Managing Director of Repatriates Cooperative Finance and Development Bank Ltd. (REPCO Bank) Shri R. Vardarajan to Union Home Minister Shri Rajnath Singh.

The REPCO Bank was set up as Society in the year 1969 and is under the administrative control of the Ministry of Home Affairs. The Bank was set up to help and promote the rehabilitation of repatriates from Sri Lanka, Myanmar, Vietnam and other countries.

The total authorised capital of the Bank stood at Rs.500 crore against which the amount of subscribed capital is Rs.104 crore.

The Government of India has 73.33% share, Government of Tamil Nadu 2.91%, Andhra Pradesh 1.73%, Kerala 0.59%, Karnataka 0.17% and repatriates have 21.28%.

The Bank is under the administrative control of the Ministry of Home Affairs, Govt. of India and functions as a Multi State Cooperative Society.


LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.