Nepal SBI Bank Limited has opened its 12th branch in Janakpur. Fifty percent of the bank, set up in 1993, is held by the State Bank of India, 15 percent by the Employees Provident Fund, five percent by the Agricultural Development Bank Nepal and 30 percent by the general public. Nepal SBI bank's paid up capital is Rs 429.9 million. The bank says it has Rs 5.57 billion in deposits and Rs 4.58 billion investments.