Grand Bank Nepal Limited proposes 4.75 percent cash dividend

Grand Bank Nepal Limited has proposed 4.75 percent cash dividend to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The proposed dividend, however, is subject to the approval of Nepal Rastra Bank and the upcoming AGM of the commercial bank.

Grand Bank had posted a net profit of Rs.20.05 crore in the last fiscal year of 2069/70.- SSN