Kumari Bank convenes its 21st AGM; endorses proposal of 8.67% dividend to shareholders

Wed, Nov 3, 2021 7:36 AM on Latest, AGM/Special AGM,

Kumari Bank has convened its 21st AGM for the FY 2077-78 under the leadership of its chairman Mr. Amir Pratap J.B. Rana on Kartik 16, 2078.

Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 6% bonus shares and 2.67% cash dividend 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 14.71 Arba after capitalization of the endorsed bonus shares.

The bank currently has 196 branches, 175 ATM booths, 14 extension counters, and 33 branchless banking units under its network.