Wednesday, January 15, 2014

Nilgiri distributing 14% cash dividend warrants from today

Kathmandu, Jan 16

Nilgiri Vikas Bank Limited is distributing cash dividend warrants to its shareholders from today.

Earlier this month, the development  bank had endorsed 14 per cent dividend to its shareholders from the net profit it registered in the last fiscal year 2069/70.

The dividend warrants can be collected from the bank's head office at New Road of Beni bazaar in Myagdi or through its RTS Elite Capital Limited at Jamal of Kathmandu. 

The bank had collected Rs. 656,856,315 as a total deposit and invested Rs. 464,556,019 as loans, and had posted a net profit of Rs.1.28 crore in the last fiscal year.

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