The special general meeting of the class ‘B’ development bank, which covers three districts, held in Bhairahawa on Saturday had endorsed the special proposal tabled following the decision of the bank’s Board of Directors to pledge the right shares to shore up the paid-up capital.
During the special event, chairman of the development bank Raju Narayan Shrestha informed that they have mobilized Rs 1.45 arba in deposit and Rs 1 arba in loan by Jestha end, according to a press release issued by the bank.
Purnima has been doing a good business over the years and had offered 10 percent bonus shares to the shareholders from around 125 percent net profit growth it posted in the last fiscal year 2069/70.-SSN
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