Sangrila Devt Bank Earns Rs 350 Million Profit

July 21: Sangrila Devt Bank has earned profit of Rs 350 million in the fiscal year FY 2072/73. The bank has collected deposit of Rs 10.36 billion and extended loan of Rs 9.15 billion in that duration.

According to Dinesh Thakali, Deputy CEO of the bank, it has currently distributed its right shares issuance at 4:1 ratio. The bank has also concluded auction bidding of 9,67,000 right shares of promoters' group. Currently, the bank is providing its services through 31 branches and 12 ATMs.