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.
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Shubh International Hospitality to Issue IPO, Appoints Muktinath Capital as Issue Manager
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.
MP Hari Dhakal Clarifies Proposed One Percent Share Transfer Fee Will Not Apply to Regular Secondary Market Transactions
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.
Bonus Shares of Super Mai Hydropower, Neco Insurance, and NMB Bank Listed on NEPSE
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.
Nepal Rastra Bank Penalizes Five Microfinance Companies Over Capital Adequacy and Warns Directors and CEO of Three Others
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.
Jagadulla Hydropower Project Progresses in Dolpa with Over 16 Arba Rupees in Domestic Investment
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.
Newly Appointed SEBON Chairman Dr Gopal Prasad Bhatta Assumes Office and Makes First Official Decision on Anti-Money Laundering
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.
House of Representatives Unanimously Approves Proposal to Consider Public Procurement Second Amendment Bill
The House of Representatives has unanimously approved a proposal to consider the Public Procurement (Second Amendment) Bill, 2083, which aims to make the public procurement process more transparent and accountable.
Siddhartha Bank Opens Sale of 2.72 Lakh Promoter Shares to the General Public
Siddhartha Bank Limited has opened the application process for 2 lakh 72 thousand 737 units of promoter shares to the general public after existing founders did not utilize their subscription rights.