Asha Laghubitta successfully completes acquisition of Rastra Utthan Laghubitta; revamped institution to have paid up value of Rs 64.16 crore

Asha Laghubitta has successfully completed acquiring Rastra Utthan Laghubitta and begun the joint transaction on Asad 31, 2080 in the name of Asha Laghubitta.

The event to mark the joint transaction was jointly inaugurated by the chairman of the microfinance Mr. Nirgun Prasad Bhattachan and founding chairman Mr. Ram Bahadur Pandey, as per the media statement.

The merged institution has a combined paid-up value of Rs 64.16 crore, has reserve of Rs 24.99 crore, raised deposit of Rs 2.75 arba, has loans of Rs 8.73 arba, 156 branches, serves 1.29 lakh rural households, as per the media statement.