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'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>
<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
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<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
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<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
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<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.
“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.
He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.
Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.
“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.
“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.
Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
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<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
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<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
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<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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'summary' => 'July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Ne',
'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>
<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
<p style="text-align:justify"> </p>
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'summary' => 'July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Ne',
'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>
<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
<p style="text-align:justify"> </p>
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'content' => '<p style="text-align:justify">July 28: Distribution of bonus share and cash dividend declared by banks and financial institutions (BFIs) are still in limbo due to inability of fulfilling the procedure. According to the companies, distribution of proposed bonus shares gets delayed due to the long and hassles-full procedure. However, Nepal Rastra Bank (NRB) declines the statement.</p>
<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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<p style="text-align:justify">“It is not the hassles-full procedure but the companies that do not fulfil legal procedure makes the bonus share distribution delayed,” said Trilochan Pangeni, Spokesperson of NRB. “NRB instantly provides approval to those companies that fulfil the legal procedures,” he added.</p>
<p style="text-align:justify">He opined that big banks do not have such problems as they have separate department for distribution of bonus and cash dividend.</p>
<p style="text-align:justify">Meanwhile, Raptibheri Bikash Bank situated at Birgunj have not distributed 15 percent bonus share proposed on April 12. Although the bank endorsed the bonus share proposal in a bid to increase paid-up capital, it has not been distributed yet due to the pending legal procedure in company registrar office.</p>
<p style="text-align:justify">“We will soon distribute bonus share after fulfilling all procedure, as earlier we were unknown of all the procedure,” said an official of the bank.</p>
<p style="text-align:justify">“Apparently, the bonus share distribution procedure is of little hassle. The bonus share proposal first need to endorse from AGM, after which it has to get approval from NRB followed by company registrar office. Then after, the company also needs to appoint issue manager. These all procedure makes the bonus share distribution delayed,” he explained.</p>
<p style="text-align:justify">Similar views are reiterated by other banks including Kalinchowk Development Bank, Citizen Investment Trust, Mahakali Development Bank and Fewa Development Bank. These financial institutions have not yet distributed bonus shares after announcing it due to the pending legal procedures.</p>
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