Kanchan Dev Bank opens 9th branch in Belauri Bazar

Kanchan Development Bank Limited has opened its 9^th branch in Belauri Bazar of Belauri municipality from yesterday (Bhadra 9, 2073).Tek Bahadur Saud , Chairman at Chamber of Commerce Belauri inaugurated the newly opened branch office. The development bank has its branches in different parts of the country and has also introduced extension counters in Chauwanni Bazar, Kanchanpur and IBRD Bazar. Besides, the national level development bank has brought ATM and Mobile Banking services to its clients. The bank has paid up capital of Rs 19.80 crore. In fourth quarter of the fiscal year 2072/73, the development bank has collected 91.42 crore deposits and disbursed loan of Rs 1.64 arba. The bank has an operating profit of Rs 9.74 crore.