Nepal Today

Tuesday, April 9, 2013

NBL ISSUING RIGHT SHARES . Kathmandu 9 Aril: Nepal Bank Ltd (NBL) , the country’s first commercial bank, is issuing 1.9.5 right shares to shareholders to raise Rs. 3.62 billion.. by mid-April ] “The bank’s recapitalisation plan is on the right course.The central bank will continue managing the oldest bank of the country for some nine more months to conclude the recapitalisation plan,” Coordinator Maheshwor Lal Shrestha said. The government with a 40.19 stake in the bank has set aside Rs.1.5 billion. Nnnn NT DIVIDEND APPROVED Kathmandu, 9 April The fifth general meeting of Nepal Telecom (NT) Monday approved a Rs.48 dividend her spare for shareholders. NT earned a net income of Rs.32.79 billion in 2011111/12. nnnn


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