Excel Development Bank declare 17% dividend for shareholders

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Excel Development Bank has announced 17% dividend to its shareholders from the net profit of FY 2074/75.

As per the notice in NEPSE, board meeting of the company decided to distribute 17% or 11.77 crore cash dividend including tax for total dividend.

The decision is subjected approve from Nepal Rastra Bank (NRB) & upcoming annual general meeting (AGM) of Company.

Its paid up capital is Rs. 39.26 crore.