Mahalaxmi Bikas Bank Concludes 23rd Annual General Meeting

Mahalaxmi Bikas Bank Limited held its 23rd AGM in Kathmandu, chaired by Rajesh Upadhyay, approving financial statements for FY 2080/81 and a 7% dividend, comprising a 4% cash dividend and a 3% bonus share based on its paid-up capital.

The bank reported a 33% increase in net profit to Rs. 50.03 crore, with EPS of Rs. 12, a capital adequacy ratio of 14.93%, and an ROE of 7.42%.

Emphasizing shareholder value, the bank is committed to improving customer satisfaction and delivering efficient, specialized financial services for sustainable growth.