Wed, Aug 19, 2026
Garima BIkas Bank (GBBL) has announced dividend of the last FY. The 234th board of directors meeting of the company held on October 31 decided to propose 17 percent dividend to its shareholders.
The company will distribute 16.15 percent stock dividend worth Rs 450.3 million and 0.85 percent cash dividend worth Rs 23.7 million to the shareholders.
The proposed dividend is subjected to approval from NRB and its upcoming AGM.
Commercial banks have announced new interest rates for the month of Bhadra. Due to the high liquidity in the banking system, the average interest rate of deposits has further declined in the month of Bhadra as compared to Shrawan.