IFL in Narayangadh


KATHMANDU: Imperial Finance Ltd (IFL) opened its branch at Shahid Chowk in Narayangadh of Chitwan district. Deputy governor of Nepal Rastra Bank Bir Bikram Rayamajhi inaugurated the branch on Saturday. The finance company is planning to open branches in Kavre, Pokhara and Kathmandu in the near future. IFL has Rs 100 million paid-up capital and it gained Rs 20.2 million profit in 2008-09.