Guheshwari Merchant Banking and Finance Ltd. Holds 23rd Annual General Meeting

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Guheshwari Merchant Banking and Finance Ltd. Holds 23rd Annual General Meeting

On Sunday, 28th Poush 2081, Guheshwari Merchant Banking and Finance Ltd. (GMBF) held its 23rd Annual General Meeting at Harihar Bhawan, Lalitpur. During the meeting, Chairman Mr. Yubaraj Bhandari presented the Annual Report for the Fiscal Year 2080/81.

Key Highlights of the Annual Report:

  • Call Deposits: Rs. 8.35 billion.
  • Loans: Rs. 5.84 billion.

The institution continues to offer a variety of services, including:

  • Chip-based debit cards
  • SMS alerts
  • E-banking & Mobile banking
  • Safe deposit lockers
  • Top-up facilities
  • Remittance services
  • Depository Participant (DP)
  • C-ASBA
  • QR Teller services

Additionally, GMBF offers deposit insurance of up to Rs. 5 lakhs for personal accounts.

Photo of Guheshwari Merchant Banking and Finance 23rd Annual General Meeting

Plans for Expansion:

The institution, which operates through 23 branch offices and 4 extended counters nationwide, aims to further expand its branch network. This expansion plan was shared by CEO Mr. Toyaraj Adhikari during the meeting, highlighting the institution’s commitment to improving accessibility and customer service.