SYANGJA, March 30: Nepal Rastra Bank has publicized a directive, asking commercial banks to establish their branches in each local unit by mid-July.

KATHMANDU, July 16: The steering committee of the National Reconstruction Authority (NRA) has set mid-July of 2018 as the last date  for distribution for all the remaining quake reconstruction grants.

KATHMANDU, July 8: The ruling Nepali Congress (NC) and CPN (Maoist Center) have assured Rastriya Janata Party Nepal (RJPN) of amending the constitution by mid-July to address the demands of the agitating party.

KATHMANDU, June 28: Nepal Bureau of Standards and Metrology (NBSM) is setting up a high-tech calibration unit in Hetauda to provide calibration service for petroleum tankers.

KATHMANDU, May 23: The government is putting Rs 1 million cap on cash transactions starting July 16.

KATHMANDU, May 13: Securities Board of Nepal (Sebon) has decided to make the applications supported by blocked amount (ASBA) system mandatory for public offering of stocks from mid-July.

KATHMANDU, May 4: The Securities Board of Nepal (Sebon) is making the applications supported by blocked amount (ASBA) system mandatory for public offering of stocks by the beginning of Fiscal Year 2017/18.

KATHMANDU, March 13: Preparatory work for Lower Hongu Khola Hydropower Project (29.5 MW) and Inkhu Khola Hydropower Project (22 MW) is going on in full swing.

Arun Kumar Ahluwalia, the CEO of Everest Bank Ltd, is soon returning to his parent bank, i.e. Punjab National Bank, after completing his three-year term. He has been promoted to the post of General Manager of Punjab National Bank. He holds over three decades of experience in banking sector and has key expertise in credit and recovery. Punjab National Bank holds 20 percent stake in the EBL which has been serving its clients through a network of 61 branch offices, 86 ATMs, five extension counters and 24 revenue collection counters in Nepal, and a representative office in New Delhi, India. As Ahluwalia wraps up his tenure with EBL, Republica's Sagar Ghimire talked with him to know about his experiences in Nepal. Excerpts: