Garima Development Bank has announced its dividend for the fiscal year 2081/82. In a meeting held on Monday, the bank’s board of directors decided to distribute a total dividend of 10.53% from the accumulated profit for the year, based on the current paid-up capital of Rs. 5,68,05,17,327.57.

The dividend comprises 6% bonus shares and 4.53% cash dividend (including dividend tax). The proposed dividend will be approved at the bank’s 19th Annual General Meeting after obtaining the necessary approval from Nepal Rastra Bank and will be distributed to shareholders thereafter.

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