Guheshwori Merchant Banking & Finance opens 10th branch at Narayanghat, Chitwan

Fri, Apr 27, 2018 8:08 AM on Corporate, Latest,

Guheshwori Merchant Banking & Finance Limited has formally inaugurated its new branch at Chitwan’s Narayanghat today (Baisakh 14, 2075). This is the finance company’s 10th branch. The company will be providing all banking services including ATM, SMS banking, internet banking and remittance from the new branch, in addition to Depository Participant (DP) service of opening demat accounts and C-ASBA service from the new branch as well.

Issuing a press statement, the company has stated that it has collected more than Rs 2.68 arba in deposits and has extended over Rs 2.39 arba in loans and advances. GMFIL has been able to post Rs 5.95 crore as operating profit in the current fiscal year. Having met paid-up capital of Rs 80 crore, the company has Rs 10.60 in its reserve fund. It is operating other 9 branches throughout the country.