RMDC proposes 15% cash dividend

Fri, Nov 1, 2013 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, November 1:


Rural Microfinance Development Centre Limited has proposed 15 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year.


A meeting of the bank’s BoD took the decision to this effect.


However, the proposed dividend is subject to the approval of Nepal Rastra Bank and the AGM of RMDC.