Bank Of Rajasthan Limited has informed the Indian Stock Exchanges that the Board of Directors of Bank of Rajasthan at their meeting held on 12 May, 2007 have recommended a dividend of 20%. Bank Of Rajasthan Limited has also informed the Indian Stock Exchanges that the Board of Directors of Bank of Rajasthan at their meeting held on 12 May, 2007 have recommended an issue of Bonus Shares in the ratio 1:4 (one bonus equity share for every four equity shares held) to the existing shareholders of Bank Of Rajasthan who hold shares on the record date which will be announced by the board of Bank Of Rajasthan, in the coming few days.