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Repco Bank Pays ₹22.90 crore Dividend to Ministry of Home Affairs – Record Net Profit FY 2025‑26

Union Home Minister Amit Shah received a ₹22.90 crore dividend cheque from Repco Bank for FY 2025‑26, reflecting a record net profit of ₹169 crore. The event highlights the strong performance of a cooperative bank under the Ministry of Home Affairs, relevant for UPSC topics on public‑sector finance and governance.
The Union Home Minister Shri Amit Shah received a dividend cheque of ₹22.90 crore from Repco Bank for the financial year FY 2025‑26 . The dividend, paid at a 30% rate on the government’s share capital of ₹76.32 crore, reflects the bank’s record net profit of ₹169 crore , the highest ever in its history. Key Developments Union Home Minister Shri Amit Shah received a dividend cheque of ₹22.90 crore from Repco Bank. The dividend corresponds to a 30% payout on the government’s share capital of ₹76.32 crore . Repco Bank reported a net profit of ₹169 crore for FY 2025‑26, its highest ever. The bank’s total business mix crossed ₹26,000 crore as on 30 June 2026. Senior officials from the Ministry of Home Affairs, including Union Home Secretary Shri Govind Mohan , were present at the ceremony. Important Facts Repco Bank operates under the Ministry of Home Affairs . The bank has a long‑standing practice of paying dividends to its shareholders for more than three decades. The current dividend reflects a healthy dividend payout and underscores the bank’s profitability. UPSC Relevance Understanding the performance of cooperative banks like Repco is important for GS 3 (Economy) as it illustrates the role of public‑sector financial institutions in financial inclusion and fiscal stability. The involvement of the MHA highlights inter‑ministerial oversight of financial entities, a point relevant for GS 2 (Polity) . The data on dividend payout and net profit can be used to assess the health of the cooperative banking sector, a topic often asked in the economy paper. Way Forward Maintain transparent reporting of profits and dividends to build stakeholder confidence. Leverage the strong financial position to expand credit to underserved segments, aligning with the government’s financial inclusion agenda. Encourage other cooperative banks under various ministries to adopt similar profit‑sharing practices. Monitor the impact of such profitable cooperative banks on the broader banking sector and fiscal health. Overall, the dividend receipt underscores the effective governance of Repco Bank and its contribution to the government’s financial assets.
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Key Insight

Record dividend from Repco Bank underscores strength of public‑sector cooperative finance

Key Facts

  1. Repco Bank paid a dividend of ₹22.90 crore to the Ministry of Home Affairs for FY 2025‑26.
  2. The dividend is a 30% payout on the government’s share capital of ₹76.32 crore.
  3. Net profit for FY 2025‑26 was ₹169 crore – the highest ever for the bank.
  4. Total business of Repco Bank crossed ₹26,000 crore as on 30 June 2026.
  5. Repco Bank operates under the Ministry of Home Affairs, a Union ministry.
  6. The dividend ceremony was attended by Union Home Minister Shri Amit Shah and Home Secretary Shri Govind Mohan.

Background

Co‑operative banks like Repco are public‑sector financial institutions that serve government employees and the general public. Their profitability and dividend practices illustrate how Union ministries manage and generate assets, linking to the UPSC topics of federal structure, public‑sector governance and financial inclusion.

UPSC Syllabus

  • GS2 — Functions and responsibilities of Union and States
  • GS4 — Work culture, quality of service delivery, utilization of public funds, corruption

Mains Angle

This development can be used in GS‑2 (Polity) or GS‑3 (Economy) answers to discuss the role of cooperative banks in public finance and the oversight responsibilities of Union ministries. A possible question may ask about the significance of dividend payouts by public‑sector banks for fiscal health and governance.

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Overview

Full Article

The Union Home Minister Shri Amit Shah received a dividend cheque of ₹22.90 crore from Repco Bank for the financial year FY 2025‑26. The dividend, paid at a 30% rate on the government’s share capital of ₹76.32 crore, reflects the bank’s record net profit of ₹169 crore, the highest ever in its history.

Key Developments

  • Union Home Minister Shri Amit Shah received a dividend cheque of ₹22.90 crore from Repco Bank.
  • The dividend corresponds to a 30% payout on the government’s share capital of ₹76.32 crore.
  • Repco Bank reported a net profit of ₹169 crore for FY 2025‑26, its highest ever.
  • The bank’s total business mix crossed ₹26,000 crore as on 30 June 2026.
  • Senior officials from the Ministry of Home Affairs, including Union Home Secretary Shri Govind Mohan, were present at the ceremony.

Important Facts

Repco Bank operates under the Ministry of Home Affairs. The bank has a long‑standing practice of paying dividends to its shareholders for more than three decades. The current dividend reflects a healthy dividend payout and underscores the bank’s profitability.

Exam Relevance

Understanding the performance of cooperative banks like Repco is important for GS 3 (Economy) as it illustrates the role of public‑sector financial institutions in financial inclusion and fiscal stability. The involvement of the MHA highlights inter‑ministerial oversight of financial entities, a point relevant for GS 2 (Polity). The data on dividend payout and net profit can be used to assess the health of the cooperative banking sector, a topic often asked in the economy paper.

Way Forward

  • Maintain transparent reporting of profits and dividends to build stakeholder confidence.
  • Leverage the strong financial position to expand credit to underserved segments, aligning with the government’s financial inclusion agenda.
  • Encourage other cooperative banks under various ministries to adopt similar profit‑sharing practices.
  • Monitor the impact of such profitable cooperative banks on the broader banking sector and fiscal health.

Overall, the dividend receipt underscores the effective governance of Repco Bank and its contribution to the government’s financial assets.

Read Original on pib

Record dividend from Repco Bank underscores strength of public‑sector cooperative finance

Key Facts

  1. Repco Bank paid a dividend of ₹22.90 crore to the Ministry of Home Affairs for FY 2025‑26.
  2. The dividend is a 30% payout on the government’s share capital of ₹76.32 crore.
  3. Net profit for FY 2025‑26 was ₹169 crore – the highest ever for the bank.
  4. Total business of Repco Bank crossed ₹26,000 crore as on 30 June 2026.
  5. Repco Bank operates under the Ministry of Home Affairs, a Union ministry.
  6. The dividend ceremony was attended by Union Home Minister Shri Amit Shah and Home Secretary Shri Govind Mohan.

Background & Context

Co‑operative banks like Repco are public‑sector financial institutions that serve government employees and the general public. Their profitability and dividend practices illustrate how Union ministries manage and generate assets, linking to the UPSC topics of federal structure, public‑sector governance and financial inclusion.

UPSC Syllabus Connections

GS2•Functions and responsibilities of Union and StatesGS4•Work culture, quality of service delivery, utilization of public funds, corruption

Mains Answer Angle

This development can be used in GS‑2 (Polity) or GS‑3 (Economy) answers to discuss the role of cooperative banks in public finance and the oversight responsibilities of Union ministries. A possible question may ask about the significance of dividend payouts by public‑sector banks for fiscal health and governance.

Analysis

Related PYQs

No related PYQs linked to this article yet.

Practice Questions

GS2
Easy
Prelims MCQ

Co‑operative banking performance

2 marks
4 keywords
GS3
Medium
Mains Short Answer

Financial health of public‑sector banks

10 marks
5 keywords
GS2
Hard
Mains Essay

Ministry oversight of cooperative institutions

20 marks
5 keywords
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Repco Bank Pays ₹22.90 crore Dividend to M... | UPSC Current Affairs