The development bank headquartered in Pokhara sub-metropolis has decided to distribute 7 lakh 35 thousand units of rights issue priced Rs 100 per unit at the ration of 10:3.
In July Muktinath Bikas Bank had reported a 38.03 percent increase in the net profit for the last fiscal year.
The bank’s profit had risen to Rs 9.80 crore as against Rs 7.10 crore in the previous fiscal year.
Likewise, Muktinath’s deposits grew by 33.17 percent, taking the total deposits to Rs 3.66 arba as compared to previous year’s 2.75 arba.
The company’s EPS stands at Rs 40.03 and net worth at Rs 170.17.
-sharesansar
