Excel Development Bank Limited Holds 18th Annual General Meeting

Excel Development Bank Limited held its Eighteenth Annual General Meeting on Ashadh 29, 2081, chaired by Mr. Mahendra Kumar Goyal.

The meeting approved the bank's FY 2079/80 annual report and financial statements, and appointed auditors.

Located in Birtamode, Jhapa district, and operating in the Koshi province, the bank serves customers through 45 branches across Jhapa, Ilam, Morang, Panchthar, Sunsari, and Udayapur.

Plans include expanding branches in other Koshi province districts. The bank's current investment loans total around Rs 11 Arba 41 Crore, and deposits amount to approximately Rs 14 Arba 71 Crore.