Maha Laxmi Bikas Bank to Provide Cash Dividend

April 3: Nepal Rastra Bank has approved the proposal of Mahalaxmi Bikas Bank to provide 9 percent cash dividend to its shareholders. The dividend will be distributed after the bank's annual general meeting.

The bank's has a loan portfolio of Rs 21.37 billion and deposit portfolio of Rs 24.44 billion as of mid-March. The bank currently has been providing banking services through its 71 branches and 35 ATM outlets.