NRB gives green signal to Tourism Development Bank’s Dividend proposal

Mon, Dec 15, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, December 15:

Nepal Rastra Bank (NRB) has given green signal for the dividend proposal of Tourism Development bank (TDBL).  Sunday, NRB has approved the proposal.

Bank has offered 8.50 percent cash and 6 percent bonus shares, which is yet to get approval by upcoming AGM of bank.

Last year Bank had offered 11 percent cash dividend to its shareholders.