Nepal SBI Bank Limited (SBI) proposes a dividend of 5.31 percent for the fiscal year 2077/78.

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Nepal Bank Limited (SBI) has recommended a dividend of 5.31 for the fiscal year 2077/78, which begins on April 1.

It was determined during the board of directors meeting held on Mangsir that a dividend of Rs. 9.49 Arba would be distributed on the paid-up capital of the company. at 3.50 and cash dividends worth 1.81 percent (including cash for tax reasons) have been suggested, for a total of 3.50 percent.

The dividend will be paid only if it has been approved the central bank and approved by the company’s future annual general meeting.

As of writing, SBI’s LTP stands at Rs 35.30.

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