May 26, 2026, Tuesday

Bank

Bank guarantee of two construction companies seized

Bank collateral of two contractors who did not work under Beni-Jomsom-Korla road project of Kaligandaki corridor has been seized. The project has bank guarantee of two construction companies Jagat Prajapati, head of the project, said that Rs.59 million was seized. A bank deposit of Rs 40 million has been seized from Koshi Papu Gauri Parvati…

General meeting of Agriculture Development Bank

The annual general meeting of the Agriculture Development Bank is scheduled to be held on January 12. The meeting will pass the agenda of distributing 20 percent bonus share and 1.052 percent cash dividend proposed by the bank. The meeting will pass a resolution to distribute 15 percent bonus shares and 0.78 percent cash dividend…

  • Founder of Jyoti Development Bank for sale of shares

    The founder shares of Jyoti Bikas Bank Limited have been sold. The Board of Directors has initiated the sale process as some of the founding shareholders of the bank have applied for sale of part or all of the shares...

  • Bonus share announcement of Pokhara Finance

    Kathmandu: Pokhara Finance has announced bonus shares. The Board of Directors meeting held on Thursday decided to distribute 8.075% bonus share from last year’s profit and 0.425% cash dividend for tax purposes. The proposed dividend will be distributed only after...

  • NMB Bank is investing in two more hydropower projects

    NMB Bank is the main investor in the 13.5 MW and 12 MW Super Kabeli Khola-A Hydropower Project and Super Kabeli Khola Cascade Hydropower Project respectively. The Super Kabeli Khola-A Hydropower Project and Super Kabeli Khola Cascade Hydropower Project under...

  • Pandey appointed as Chief Executive Officer of Sanima Bank

    Nischal Raj Pandey has been appointed as the Chief Executive Officer of Sanima Bank. The board of directors of the bank has decided to appoint Pandey as the chief executive officer for four years. The current chief executive officer of...