Narayani National Finance opens 14th branch at Gongabu

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KATHMANDU (REPUBLICA): Narayani National Finance Ltd has opened its 14th branch office at Gongabu in Kathmandu. Issuing a statement, the finance company said its chairman Laxmidas Manandhar inaugurated the branch office on Wednesday amid a ceremony. The company said it had already raised its paid-up capital to Rs 802.2 million in line with recent directives of Nepal Rastra Bank to raise the minimum paid-up capital. The finance company earned an operating profit of Rs 286.6 million in Fiscal Year 2014/15, the statement added.

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