Siddhartha Bank to Merge Seven Branches in Kathmandu, Lalitpur, and Pokhara from Shrawan
Siddhartha Bank has announced the merger of seven of its branches in major cities, with integrated services set to begin on Shrawan 1.
Siddhartha Bank has announced the merger of seven of its branches in major cities, with integrated services set to begin on Shrawan 1.
Finance Minister Dr. Swarnim Wagle has administered the oath of office to newly appointed SEBON Chairman Dr. Gopal Prasad Bhatta, directing him to work independently, safeguard investor interests, and present weekly market briefings.
Dr. Gopal Prasad Bhatta has taken his oath of office as the chairperson of the Securities Board of Nepal, pledging to implement past recommendations to reform the capital market and protect investor interests.
Shubh International Hospitality Limited has partnered with Muktinath Capital Limited to manage its upcoming Initial Public Offering, through which the company plans to float 20 percent of its issued capital to the general public.
Rastriya Swatantra Party Member of Parliament Hari Dhakal has clarified that the proposed one percent share transfer fee will only apply to direct off-market transfers and not to regular daily trading on the secondary market.
The Nepal Stock Exchange has officially listed the bonus shares of Super Mai Hydropower, Neco Insurance, and NMB Bank, making them eligible for trading once credited to demat accounts.
The central bank of Nepal has taken prompt corrective action against five microfinance companies for failing to maintain the required capital adequacy ratio and issued warnings to the management of three others for governance lapses.
The under-construction Jagadulla Hydropower Project in Dolpa is set to boost infrastructure, tourism, and regional economy in Karnali Province with over 16 arba rupees secured from domestic financial institutions.
Dr. Gopal Prasad Bhatta has officially taken charge as the Chairman of the Securities Board of Nepal and prioritized financial crime prevention for his first administrative decision.