Kamaladi-based Siddhartha Bank Limited commenced operations from Kathmandu last week with the slogan: "Our business is to understand your business." With an authorised capital of Rs 1 billion, issued capital of Rs 500 million and paid up capital of Rs 350 million, its chairman is MC Group head Chiranjilal Agrawal and senior banker DC Khanna is CEO. Khanna, who served as executive director of Nabil Bank for over seven years, says: "Siddhartha Bank believes in a lasting professional relationship between clients and the bank. His views full conform to the Bank's guiding principle.