Nepal SBI Bank and Shangrila Development Bank to directly deposit cash dividends in the respective bank accounts

Nepal SBI Bank Limited will be depositing its 15.79% dividend directly in the respective accounts. The bank will be depositing 5% bonus shares in the Demat accounts and 10.79%cash dividend in the respective bank accounts of the shareholders. NSBI has also urged the shareholders to get the shares dematerialized.

Shangrila Development Bank Limited will also be depositing 5.45% cash dividend in the bank accounts of the shareholders. The development bank has also urged the shareholders to dematerialize their shares who remain to get their dematerialized.