Date:30/06/2006 URL: http://www.thehindu.com/2006/06/30/stories/2006063002171602.htm

Business - Briefly

Union Bank pays Rs. 98 cr. dividend

KOCHI: M. V. Nair, Chairman and Managing Director, Union Bank of India, has presented a cheque of Rs. 98 crore as dividend for 2005-06 to the Government, says a press release. The bank has declared a dividend of 35 per cent for the financial year.