Trading of NDEP and RDBL suspended due to merger
Tue, Jul 15, 2014 12:00 AM on Others,
ShareSansar, July 15:
Trading of NDEP Development Bank and Rising Development Bank was suspended from yesterday due to merger procedure between the development banks.
NDEP has posted a loss of Rs 17.77 crore, the reserve and surplus is Rs -12.53 crore, loan deposits is Rs 3.06 arba and the EPS of the development bank is Rs -30.51 in the third quarter.
However, RDBL has posted a profit of Rs 3.67 crore, the reserve and surplus is Rs 6.09 crore, loan deposits is Rs 1.25 arba and the EPS (annual) of the development bank is Rs. 22.87 in the third quarter.
