Business

BIZ BRIEFS

BIZ BRIEFS

By Rishi Singh

Sanima opens branch

KATHMANDU: Sanima Bikas Bank — promoted by NRNs — has opened its second branch in Khichapokhari. It’s executive chairman Badri Prasad Ojha inaugurated the branch on Thursday. The bank has been able to book profit since its inception and has garnered a total deposit of Rs 2.41 billion as of the end of second quarter of the current fiscal year. The bank posted an operating profit of Rs 19.33 million till during the period. — HNS

Panasonic’s offer

KATHMANDU: Paramount Electronics, the authorised dealer for Panasonic television in Nepal, has introduced a new scheme called ‘Wedding season Chakachak offer’ for its consumers. Under the scheme, every buyer of Panasonic television will get a scratch card through, which one can win cash prizes from Rs 500 to millions, along with many prizes.— HNS