KATHMANDU:

Siddhartha Bank Ltd (SBL) this fiscal year posted Rs 286 million operating profit that is a rise by 64 per cent compared to the last fiscal year. Total deposit has increased by 50 per cent to Rs 10,253 million and total loans and advances have also increased by 50 per cent as of the end of Asad, states the release. Surender Bhandari has joined the bank as its CEO. — HNS