Monday, September 21, 2009

DCBL's Bonus Shares

DCBL Bank Ltd's AGM on Wednesday will give five per cent bonus shares. This is within a year of its being upgraded to A-class commercial bank from B-class bank. After 2:1 rights issue, the paid-up capital of the bank has increased to Rs 1.65 billion. In the fiscal year 200809, the bank registered a net profit of Rs 103 million -- an increment of 87.52 per cent compared to the preceding fiscal year. It has 1.59 per cent NPA only.

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