Private sector lender Jammu & Kashmir Bank today said its members have approved payment of dividend at the rate of 220 per cent for the 2009-10 fiscal.
The decision on payment of dividend was taken at the 72nd annual general meeting of the bank held on July 31, Jammu & Kashmir Bank said in a filing to the Bombay Stock Exchange.
In a separate filing, at also informed that B L Dogra and Abdul Majid Matto have been re-appointed as directors of the bank, while M S Verma has retired from his position as the Additional Director of the Jammu & Kashmir Bank.
