Himalayan Hydropower Eyes Expansion: 100% Rights Share Issue and General Meeting Announced! Are you a stock market enthusiast looking for investment opportunities in the Nepali stock market? Keep your eyes peeled! Himalayan Hydropower Limited has just announced a major move, potentially signaling significant growth and a strong future. The company is set to issue 100% […]
Supreme Court Ruling in Favor of Nepal Finance: A Win After Years of Legal Battles! In a significant legal victory, Nepal Finance has finally triumphed in a long-standing court case that has been ongoing since 2075 BS. The Supreme Court delivered its judgment on Thursday, August 15th, overturning a previous ruling by the High Court.
Karnali Bank Scam: CIB Recommends Prosecution of 111 People Karnali Bikas Bank, formerly known as Karnali Development Bank, is at the center of a major financial scandal, and the Central Investigation Bureau (CIB) of the Nepal Police has recommended prosecution for a staggering 111 individuals. This Karnali Bank scam has sent shockwaves through the Nepalese
Streamlining Local Level Banking: New Rules for Commercial Bank Accounts Great news for local level bodies in Nepal! Recent changes mean a more streamlined process for opening bank accounts. Previously, various committees, boards, and funds operating at the local level had to seek additional permission from Nepal Rastra Bank (NRB) to open accounts with commercial
Nepal Rastra Bank Issues Sanctions Against Multiple Banks: Banking News & Financial Sector Updates Stay informed with the latest banking news and financial updates in Nepal! The Nepal Rastra Bank (NRB), the central bank of Nepal, has recently taken action against several prominent financial institutions. This news highlights the importance of financial regulation and compliance
