A board meeting of Nepal SBI Bank has proposed issuing 12.5 bonus shares per 100 shares and 7.5 percent cash dividend. The proposal is subject to approval of Nepal Rastra Bank and the bank’s upcoming 20th AGM. Likewise, the bank’s board meeting on Sunday also approved the financial statement of the fiscal year 2012-13 in which the bank posted a net profit of Rs 771.47 million.
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