National Cooperative Bank disburses 15% dividend directly to its nearly 15.5K member cooperatives; distributes the dividend on the very day of 19th AGM

Tue, Jan 3, 2023 11:07 PM on Latest, AGM/Special AGM,

National Cooperative Bank has disbursed a 15% cash dividend directly to the bank accounts of its member cooperatives.

The bank after its 19th AGM has disbursed the dividend to the accounts of its 15,474 cooperative members, as per the media statement.

The bank had earned 43.45 crores in net profit during the previous fiscal year 2078-79, as per the media statement.