Wed, Jul 15, 2020
NRB has approved dividend proposal of Shine Resunga Development Bank (SHINE). The central bank has approved the bank to distribute 17.70 percent stock and 0.93 percent cash dividend for tax purpose.
Following the approval, Shine Resunga will distribute stock dividend worth Rs 244 million and cash dividend worth Rs 12.8 million to the shareholders.
The bank will distribute the dividend to the shareholders after approval from its upcoming AGM.
The government’s current and capital expenses have increased significantly in the final days of the current FY.
