KATHMANDU, Nov 9: Jyoti Development Bank Ltd organized its 8th Annual General Meeting (AGM) in Kathmandu on Sunday.
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Issuing a statement, the development bank said the AGM approved its board of directors' decision to distribute 9 percent bonus shares and 0.47 percent cash dividend (for tax purpose) to its shareholders.
The bank mobilized Rs 6.33 billion in deposit and extended Rs 5.6 billion loans in last fiscal year 2014/15. It earned Rs 12.9 million net profit in the last fiscal year.
