Thursday, June 18, 2009

DCBL’s Rights Shares

Development Credit Bank Ltd (DCBL) is distributing 2:1 rights shares to increase its paid-up capital to Rs 1.66 billion, according to a press release issued by the bank. The commercial bank that has upgraded from a development bank has been issuing rights shares according to the directives of Nepal Rastra Bank (NRB) to increase paid-up capital to Rs 2 billion by Ashad 2067, read the press release.

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