Friday, September 18, 2009

DCBL's Rights Shares

DCBL Bank Ltd's AGM on Wednesday decided to distribute 2:1 rights share and five per cent bonus shares. According to a press release, after the rights issue the paid-up capital will be Rs 1.65 billion. In the fiscal year 2008-09, the bank registered a net profit of Rs 103 million -- an increment of 87.52 per cent compared to last fiscal year. It has 1.59 per cent NPA only.

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