NIBL’s new branch

KATHMANDU: Nepal Investment Bank Ltd (NIBL) on Sunday opened its 28th branch office at Dhumbarahi, Pipalbot. The bank has posted a deposit of Rs 42,476 million, a growth of 39.41 per cent over last year Chaitra end 2065 while total loans and advances increased to Rs 34,417 million, a 30.18 per cent compared to the same period last year. Non-performing loan of the bank is 1.03 per cent while registered total net profit was Rs 650 million till Chaitra last. — HNS

Haat Bazaar popular

NEPALGUNJ: Though markets are centralised in city areas, the importance of Haat Bazaar in Banke district has not diminished. Haat Bazaar is an easy medium for buying daily consumer goods for villagers in the district. However, the authorities concerned have not paid sufficient attention to its proper management. Haat Bazaars run in Kohalpur and Khajura have proven a boon for locals. Locals’ economic status has upgraded after their agricultural and animal produce got a market place. Rajesh Chaudhary of Kohalpur-3 said he earned Rs 15,000 in a month by selling commercially grown vegetables after the Haat Bazaar resumed. Bharat Adhikari said he gave up the idea of leaving for India and instead started rearing animals and growing vegetables after the resumption of Haat Bazaar. — RSS

Rainfall helps

MYAGDI: Regular spells of rainfall continuously for a week have cheered farmers in Myagdi, who were losing sleep due to the prolonged drought-like situation for the past nine months. The delayed rainfall has shored up corn plantation. Now farmers have begun sowing maize and are preparing fields for growing paddy seedlings, according to the horticulture officer Bed Prasad Poudel at the District Agricultural Office, Myagdi. The office said production of summer crops went down by 10 to 15 per cent this year. — RSS