Jyoti Bikas Bank pledges 12.6% dividend, including 7% bonus shares

Jyoti Bikas Bank Limited has proposed an impressive dividend of 12.60 percent, including 7 percent bonus shares, to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The 157th BOD meeting of the development bank has just taken the decision to this effect. However, the proposed dividend is subject to the approval of Nepal Rastra Bank and the upcoming Annual General Meeting of the development bank. Jyoti Bikash Bank Limited has posted a net profit of Rs 7.26 crore in the last fiscal year 2069/70. -SSN