Kathmandu. As the double-digit improvement in the share market, the banking group's indicator is in turmoil.

The banking group's sub-index rose by 55.15 points on the day.

The recent announcement of dividends by banks has also attracted the attention of investors.

Among the banks that have declared dividends, NIC Asia Bank has the highest share price. The bank's share price stood at Rs 617 as of Wednesday. The share price has risen by Rs 12 on the same day.

The bank has announced a 20 percent dividend, including a 19 percent bonus and 1 percent cash, to investors.

Similarly, Machhapuchche Bank has proposed to give 7.03 percent bonus and 10.40 percent dividend including 3.37 percent cash to the investors.

Machhapuchhre rose by Rs 8 to Rs 237 per share in Wednesday's trading.

Bank of Kathmandu has announced to pay 16 percent dividend to investors including 13 percent bonus and 3 percent cash. The bank's share price reached Rs 288 per share on Wednesday.

The share price of Sanima Bank, which has declared a similar dividend, has risen by Rs 16 per share. The bank has already announced a 13.6 percent dividend, including a 10 percent bonus and 3.6 percent cash.

Citizens Bank's share price rose the most by Rs 21 per share to Rs 241 in Wednesday's trading.

The bank has announced an 11 percent dividend to investors, including a 7.7 percent bonus and 3.3 percent cash.

Similarly, the share price of Kumari Bank, which has proposed to pay 14 percent dividend including 10 percent bonus and 4 percent cash dividend, has risen by Rs 9 to Rs 246. Meanwhile, the share price of Global IME Bank has risen by Rs 13 to Rs 301. The bank has proposed to give investors a 14 percent bonus, 2 percent cash and 16 percent dividend.