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.
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.