Date:26/05/2006 URL: http://www.thehindubusinessline.com/2006/05/26/stories/2006052603950100.htm

Back Dividend time

Kamal Narang

AFTER 14 YEARS: The Chairman and Managing Director of United Bank of India, Mr P.K.Gupta, and the Executive Director, Ms Sunanda Lahiri, handing over the dividend cheque for Rs 45.97 crore to the Union Finance Minister, Mr P. Chidambaram. UBI has paid dividend to the Government after 14 years. It had last paid dividend in the year 1991-92.