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June 12: Shine Resunga Development Bank and Gaumukhi Bikas Bank have started the joint transaction from June 11. After the merger, the joint transactions have been started in the name of Shine Resunga Development bank.
The joint transaction was inaugurated by the Dr Chiranjibi Nepal, Governor of Nepal Rastra Bank. Speaking at the inauguration ceremony, Nepal said, “Many banks are encouraged due to the new provision of paid-up capital”. According to him, the paid-up capital of the banks has been increased to leap in economic development of the country.
After the merger, the paid-up capital and deposits of the bank have reached Rs 868.4 million and Rs 8.4 billion respectively. “Following the merger, the bank will provide its services through 26 branches including the central office in Butwal and two extension counters,” says Prakash Poudel, CEO of the bank.
Similarly, the bank has announced to donate Rs 50,001 for the development of cultural and tourist area, Swargadwari.
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
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