February 16: Kumari Bank Limited has introduced Centralized Applications Supported by Blocked Amount (C-ASBA) system enabling its customers (investors) to apply shares online in a faster, easier and simpler method.

“Now, investors can have both the options — through bank and online (using https://meroshare.cdsc.com.np) — to submit application for the new IPO or FPO of any public company,” the bank said in a statement.

Under the C-ASBA system, customers can approach any branches of Kumari Bank to fill up C-ASBA application form.  The bank said it will provide C-ASBA registration number after verification of DEMAT account and bank details.

Kumari Bank said it is serving its customers through 74 branches, two extension counters and 58 ATMs across the country. The bank has been providing modern banking services through internet banking, mobile banking and Viber banking.