KATHMANDU, March 24: Nepal Rastra Bank (NRB) has asked promoters of the proposed Nepal Infrastructure Bank to deposit 45 percent of the paid-up capital within 30 days, giving a green signal for the opening of the bank that is expected to finance mega infrastructure projects.

High court acquits Unity Life promoters

November 22, 2017 06:37 am

KATHMANDU, Nov 21: The Patan High Court  recently acquitted the promoters of the controversial Unity Life International Limited,  overturning  four-year-old jail sentences imposed on them  by Lalitpur District Court for fraud.

KATHMANDU, June 16: The government has given permission to 30 promoters for survey with a goal of installing 180 MW solar energy system.

KATHMANDU, Feb 15: Bankers have urged promoters of bank and financial institutions (BFIs) to not give them pressure to provide high dividend at a time when they are reeling under lendable fund crisis.

KATHMANDU, June 13: A bill at the parliament to amend the Banks and Financial Institutions Act (BAFIA) could pave the way for existing foreign investors who are non-banking and non-financial institutions to retain their stakes in the bank and financial institutions (BFIs) in Nepal.