Nepal Rastra Bank Penalizes Five Microfinance Companies Over Capital Adequacy and Warns Directors and CEO of Three Others

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

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.

Om Megashree Pharmaceuticals Convenes Special General Meeting

Om Megashree Pharmaceuticals Convenes Special General Meeting

Om Megashree Pharmaceuticals Limited has called a Special General Meeting on Asar 28 to discuss and approve the acquisition of Royal Pharmaceuticals Private Limited and other related agendas.

Mount Everest Power Development IPO Is Now Open for General Public

Mount Everest Power Development IPO Is Now Open for General Public

Mount Everest Power Development Limited opened its IPO for the general public on Ashadh 3, 2083. As of today, Ashadh 4, the IPO is live and accepting applications. If you are planning to apply, you still have time — the window closes as early as Ashadh 8. The company is offering 14 lakh 27 thousand … Read more