Mahalaxmi Finance nominated for ‘Best Enterprise’ & ‘Manager of the Year’ award

Europe Business Assembly, a reputed organization of UK has nominated Mahalaxmi Finance Limited for ‘Best Enterprises’ and Mr Ramesh Kumar Bhattarai, Chief Executive Officer (CEO) of Mahalaxmi Finance Company for ‘Manager of the Year’ award. The awarded will be provided in European Award program which is going to be organized at Cannes, France on October 7, 2016.  . Mr Bhattarai has been serving the finance company as for the past 14 years. He is General Manager as well as Chief Executive Office of the finance company. Mahalaxmi Finance Company Limited was established on 2052 BS. The finance company has been able to provide dividends for past 19 years. The finance company is undergoing merger process with Malika Bikas Bank and Siddhartha Finance. The merged entity will start its operation as Mahalaxmi Bikas Bank, a national level development bank by Bhadra 2073. The finance company has paid up capital of Rs 48.3 crore and it has earned net profit of Rs 10.2 crore in fourth quarter of the fiscal year 2072/73.