Kumari Bank completes successful acquisition of Deva Bikas Bank; acquisition to revamp bank’s business with deposit collection of Rs 124 arba and credit disbursement of Rs 112 arba

Mon, Jul 13, 2020 6:29 AM on Corporate, Latest,

Kumari Bank has begun a joint transaction after a successful acquisition of Deva Bikas Bank from Asad 28, 2077.

The event to mark the joint transaction was held in Kumari Bank head office, Tangal that was jointly inaugurated by chairman of Kumari Bank Mr. Amir Pratap JB Rana, and then chairman of Deva Bikash Bank Mr. Bajra Gurung.

The newly revamped bank will now have its presence with Rs 124 arba in deposit collection figure, Rs 112 arba as credit disbursement, Rs 12.52 arba in paid-up value, 201 branches and extension counters, 138 ATM booths, as per the media statement.