Kalinchowk Dev Bank to be acquired by Tourism Dev bank; trading suspended

Wed, Apr 20, 2016 12:39 PM on Latest, Featured, Stock Market,
Kalinchowk Development Bank Limited (KCDBL) trading has been suspended in Nepal Stock Exchange Limited (NEPSE) from today. The development bank trading has been suspended due to the acquisition process by Tourism Development Bank Limited. Tourism Development Bank had net profit of Rs 7.19 crore in the second quarter of the fiscal year 2072/73.