Bhargav Bikas Bank proposes 6% cash dividend; Decision subject to approval from NRB and AGM

Bhargav Bikas Bank Limited (BHBL) has proposed 6% cash dividend for the FY 2074/75.

As per the notice published in NEPSE, the development bank has proposed 6% cash dividend worth Rs 3 crore for its shareholders.

The decision of the development bank is subject to approval from Nepal Rastra Bank and upcoming AGM of the bank.

BHBL had distributed 5.55% bonus shares for the FY 2073/74. Its paid up capital remains at Rs 50.16 crore with Rs 10.66 crore in its reserve.