Kathmandu, March 7 Nepal Infrastructure Bank Limited (NIFRA) has entered its third year after completing two years of operation in the nation. The bank had formally started its service on Falgun 22, 2075. The bank has been established in the concept of public-private partnership with the aim of providing necessary financial resources for the country’s…
Kathmandu, March 7 Global IME Bank is going to issue 8.5 percent Global IME Bank Debenture 2086/87 worth Rs 3 billion on Chaitra 1. The bank is to issue 3 million units of bonds at a face value of Rs 1,000. Out of the total units, 1.8 million units will be removed from the individual…
Kathmandu, March 5 According to ministry sources, a budget writing committee has been formed under the coordination of Senior Joint Secretary of the Ministry, Dr Ram Prasad Ghimire. The committee headed by him has joint secretaries Rameshwar Dangal, Shrikrishna Nepal, Dhaniram Sharma and Suman Dahal as members. All ministries, bodies and commissions are also preparing…
Kathmandu, March 5 Singati Hydro Energy Pvt. Ltd will be issusing its IPO from April 20. The company will issue 2.9 million IPOs worth Rs. 29 crore at the face value of Rs.100 per unit. Out of total shares, 2...
Kathmandu, March 5 Nepal Rastra Bank is going to issue treasury bill of Rs. 12.26 billion. The bank has called for bidding for the removal of the bill. This 91-day treasury bill will mature on June 10, 2078. NRB has...
Kathmandu, March 4 Citizens Bank International Limited is providing special discounts on various services at Baneshwor-based ASGI Care and Health Services Pvt. to its customer. An agreement has been reached between Citizens Bank and ASGI Care in this regard. After...
Kathmandu, March 4 Mahalaxmi Life Insurance Limited has provided training to its employees on money purification and prevention of financial investment in terrorist activities. In the training program organized today at Landmark Hotel in Kathmandu, all the branch and sub-branch...
Kathmandu, March 4 The Citizens Investment Trust (CIT) will to put the undistributed shares in the auction from tomorrow. The fund had expelled the rightful owners from January 12 to January 4. A total of 354,150.05 unapplied shares will be...
Kathmandu, March 4 According to the Central Statistics Office, the last fiscal year economic growth rate was negative by1.9 percent. On Thursday, the fact was made public through a press conference. Earlier, economic growth was projected at 2.27 percent. According...
Kathmandu, March 4 Nepal Rastra Bank has doubled the limit of financial transactions. On Wednesday, Nepal Rastra Bank (NRB) issued a circular to banks and financial institutions informing them of the increase in the limit of electronic cash transactions. The...
