Kathmandu. Shine Resunga Development Bank has expanded five new branches in one day. The bank has expanded new branches in New Baneshwor, New Road, Kalanki, Gangbu and Maharajgunj of Kathmandu.

Earlier, Shine Resunga Bank had been operating in Lumbini province and was recognized as a national level development bank a year ago. Banepati, a national level development bank, had not operated any branch in Kathmandu Valley till now. Now, the bank has shown its presence in the Kathmandu Valley by inaugurating five branches at a time.

The bank has expanded its new branch by organizing a program on Sunday. Starting from Rupandehi in 2065 BS, the bank currently has 80 branches.

The bank's paid-up capital is close to Rs 3.40 billion and its capital is close to Rs 6 billion. The bank has 4 lakh customers.