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Introduction - Nirdhan Utthan Bank Limited
A microfinance bank established in November 1998 under the Company Act of Nepal 1997, Nirdhan Utthan Bank Limited is licensed by Nepal Rastra Bank as a ‘D’ category financial institution. The bank commenced its formal operation from July 1999 after getting license in April 1999 to undertake banking activities under the Development Bank Act 1996. It provides microfinance services such as loans, deposits, micro-insurance and remittance services to poor families of Nepal.
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