Ace posts ‘huge’ profit

KATHMANDU: ACE Development Bank has increased its net profit by 151 per cent, earning per share (EPS) by 93 per cent and net worth by 42 per cent, states a press release. In its completion of 13 years of operations, ACE claims that it has introduced new products like recently it brought exchange-traded fund (ETF) and ACE Gold ETF in the domestic market. The bank has also collaborated with Butwal Power Company to develop the Marsyangdi III project. — HNS

SBI yatra card

KATHMANDU: Nepal SBI Bank has introduced a new prepaid card ‘Bharat Yatra Card’ adding more of its facility to its customers. The card is available from any branch of the bank at a minimum charge of Rs 1,000, states a press release. With this card, customers can withdraw money from SBI bank’s ATM counters in Nepal and India. — HNS

New improved seeds

BHIMPHEDI: The Makwanpur district agriculture development office produced seven quintals of improved and quality maize seeds from Mayurchhap of Churiyamai. The

office produced seeds of Rampur Composit-1 variety of maize. It is suitable for cultivation in mid-region of the district. The office has also been test-producing seven varieties of seeds in the district. — RSS

MYF donation

LALITPUR: Marwari Youth Forum (MYF) and Patan Hospital on Friday signed an agreement to renovate ICU section of the Patan Hospital. Medical Director Dr Rajesh Gangol of Patan Hospital and Rajendra Khetan from MYF signed the accord on behalf of their respective organisation, states a press release. — HNS