KATHMANDU, Nov 18: Kumari Bank has appointed a new Chief Executive Officer (CEO).

KATHMANDU, Nov 13: Nepal Rastra Bank (NRB) has started on-site investigations on the land scam in which Kumari Bank has been accused of issuing loans against the counterfeit land ownership certificate.

KATHMANDU, Nov 10: As many as four people have been arrested for document forgery by the Central Investigation Bureau (CIB) of Nepal Police. They are accused of forging official documents to prove ownership over 12 bighas of land in Bara, and to take a loan of Rs 190 million from a bank.

KATHMANDU, Jan 20: Kumari Bank Ltd has announced the acquisition of Deva Bikas Bank Ltd (DBBL). Issuing a statement, the commercial bank said that it signed a memorandum of understanding (MoU) with DBBL for acquiring the 'B' class development bank on Wednesday.

KATHMANDU, July 29: Kumari Bank has introduced a new savings product named 'Kumari Pariwar Surakchya Bachat Khata'. "Under this saving product, if an account is opened in the name of mother or father, mother, father and two children of their will be insured free of cost," the bank, said issuing a statement.

KATHMANDU, Dec 6: Kumari Bank Limited has signed a sponsorship deal with Chitwan Tigers, an Everest Premier League outfit, on Wednesday.