Mahalaxmi Bikas Bank awarded ‘Best Enterprise’ & ‘Manager of the Year’
Tue, Oct 18, 2016 10:12 AM on Latest, Featured, Stock Market,

Europe Business Assembly, a reputed organization of UK has awarded Mahalaxmi Bikas Bank Limited for ‘Best Enterprises’ and Mr Ramesh Kumar Bhattarai, Chief Executive Officer (CEO) of Mahalaxmi Bikas Bank for ‘Manager of the Year’ award. The awarded was provided in European Award program organized at Cannes, France on October 7, 2016.
Altogether 36 companies from Asia, Europe, Africa and Middle East took part in the program.
The company had undergone merger process with Malika Bikas Bank and Siddhartha Finance. The merged entity had started its operation as Mahalaxmi Bikas Bank, a national level development bank from Bhadra 2073.
After merger, the merged entity has paid up capital of Rs 1.15 arba. Similarly, it has collected deposits of Rs 11.55 arba and loan and advances of Rs 9.36 arba.