Om Development Bank had proposed 12.70 percent bonus share to its shareholders for the FY 2074/75. However, Nepal Rastra Bank (NRB) had not approved the dividend proposal due to then ongoing merger process with Prime Commercial Bank.
At the moment, Om Development Bank is in merger/acquisition process with NMB Bank. According to the agreement, shareholders of both banks will be provided dividend of FY 2075/76 after conducting combined AGM after merger.
Thus, the BOD of Om Development sought approval from NRB to conduct AGM without dividend proposal to avoid a clash with agreed swap ratio.