July 6: Kailash Development Bank with the motive of extending its banking service in every nook and corner of the country has opened a new branch in Gulmi. The bank said in a statement that it inaugurated the new branch in Rudrabeni of Kaligandaki Rural Municipality in Gulmi.

Promoter of the bank, Chintamani Pandey, inaugurated the branch amid a function on Thursday, July 5.  With the inauguration of the Rudrabeni branch, the bank now has a network of 53 branches across the country.

The bank aims to ease the financial transaction of the locals in Rudrabeni with the operation of the branch.

Similarly the bank is planning to extend its banking service in Janakpur, Kawasoti and Bardaghat in the near future.