Bank of Rajasthan to issue bonus shares

Bank of Rajasthan will issue over 26.8 million bonus shares in the ratio of one bonus share for every five shares held, the company announced on Monday.
In a regulatory statement, the bank also said it has posted a net profit of Rs.309 billion in the first quarter of the current fiscal.
Additionally, it has declared a dividend of 5 percent for the year ended March 31.

Avdhoot Investment