Reliable Development announces 5% bonus share

Tue, Dec 23, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, December 23:

The 16th BOD meeting of Reliable Development Bank Limited (REDBL) has proposed 5 percent bonus share to its shareholders from the net profit it earned in the last fiscal year 2070/71.

The BoD meeting of bank held on Poush 7 has decided to recommend a dividend to its shareholders. However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.