Siddhartha Bank concludes its 20th AGM; endorses proposal of 15% dividend to its shareholders

Sun, Jan 16, 2022 5:59 AM on Latest, Corporate,

Siddhartha Bank has convened its 20th AGM for the FY 2077-78 under the leadership of its chairman Mr. Manoj Kumar Kedia on Poush 30, 2078.

Apart from the regular financial reports, The AGM has endorsed the board’s proposal to provide 14.25% bonus shares worth Rs 1.56 arba and 0.75% cash dividend worth Rs 8.22 crore for taxation purposes to its shareholders from the profit it had made in the previous fiscal year.

The bank currently provides its services to its customers from its 189 branches, 208 ATM outlets,, 114 branchless banking units, and 1890 POS terminals under its network.