In a positive development for its shareholder community, Mumbai based Bharat Cooperative Bank has received approval from the Reserve Bank of India to declare and distribute a 7% dividend for the financial year 2024–25.
The proposal, discussed during the Bank’s Annual General Meeting held on 22 August 2025, has now been cleared by the regulator.
The management expressed deep gratitude to shareholders, customers, and employees, describing them as the pillars of the Bank’s stability, growth, and resilience.
They acknowledged the consistent support extended by stakeholders, especially during challenging phases, noting that such trust has motivated the Bank to enhance its performance year after year.
Chairman Suryakant Jaya Suvarna and Managing Director & CEO Vidyanand S. Karkera stated that Bharat Cooperative Bank has been registering steady improvements across key performance indicators. They assured that the Bank will continue to maintain reasonable profitability in the current financial year and remain focused on sustainable business expansion.
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