Government-owned Banijaya Bank convenes its 16th AGM; endorses handsome proposal of 33% dividend to its shareholders

Fri, Jan 14, 2022 5:00 AM on Latest, AGM/Special AGM,

Rastriya Banijya Bank has convened its 16th AGM for the FY 2077-78 under the leadership of its chairman Dr. Balram Pathak on Poush  29, 2078.

Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 30% bonus shares worth Rs 2.27 arba and 3% cash dividend worth Rs 27.55 crore to its shareholders from the profit it had made in the previous fiscal year. The new paid-up value of the bank will scale up to Rs 13.94 Arba after the capitalization of the endorsed bonus shares.

The bank currently provides its services to its customers from its 257 branches in 77 districts, 241 ATM outlets, and 98 branchless banking units.