Gandaki Development Bank initiates banking services from two new branches at Birtamod & Biratnagar

Gandaki Development Bank Limited has started to provide its banking service from its new branches located Birtamod and Biratnagar. As of now, the development bank has 57 branches. The bank has been providing ABBS, ATM, SMS, Mobile Banking, Remittance, Locker service, Mobile Banking, Remittance, Locker service, Gold loan and so on. Issuing a press statement published by the company, it stated that, In the fiscal year 2073/74, he development bank has earned operating profit of Rs. 85 crore while its total accumulated deposit and borrowing were Rs 18.33 arba and Rs. 16.51 arba respectively. Moreover, the bank’s non-performing loan (NPL) stand at 0.4 percent. The development bank has been providing a different type of loan scheme with minimal interest through its 57 branch offices to the customer.