Nepal Infrastructure Bank to Provide Stock Dividend

Oct 11, 2021 10:26 AM Merolagani

Nepal Infrastructure Bank (NIFRA) has revised dividend for the last FY.

Previously, the bank announced of distributing 8.5 percent cash dividend including tax to its shareholders.

However, after the first amendment in Dividend of BFIs related Guideline, 2077, NRB directed the bank to propose the dividend that complies with the directive.

Thus, the bank has now proposed of distributing 8 percent stock and Rs 84.2 million cash dividend for tax purposes.

The proposed dividend is subjected to approval from NRB and its upcoming AGM.

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NEPSE Adjusts Stock  Price of Kumari Bank and Gurans Laghubitta

Oct 25, 2021 09:33 AM

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Kumari Bank (KBL) and Gurans Laghubitta Bittiya Sanstha (GLBSL) following their book close for upcoming AGM.