NEWS

NMB Bank Educational Loan
NMB Bank Educational Loan
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June 7: NMB has announced ‘NMB Bank Educational Loan’ scheme with a slogan ‘Sichhya ma Aatmanirbharta’ targeting students aspiring to study in the country or abroad. According to the bank, the students can apply for maximum of Rs 10 million loan with maturity period of 10 years under the scheme.…

Plantation by Ghorahi Cement
Plantation by Ghorahi Cement
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June 7: Ghorahi Cement has conducted plantation program on the occasion of World Environment Day. The company planted 1,000 plants on the occasion on June 5. The program was organized under the chairmanship of Laxmi Man Chaudhari, Secretary of Human Welfare and Environment Protection Center (HWEPC), Dang. The plantation program was also attended by SVP Gupta, Executive Director of Ghorahi Cement. “Ghorahi Cement has…

Nabil Investment Appointed as Issue Manager of Mega Bank
Nabil Investment Appointed as Issue Manager of Mega Bank
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June 7: Nabil Investment has been appointed as an issue manager of Mega Bank. Issuing a press statement, the bank informed of appointing the issue manager for the issuance of its upcoming right share issuance. Anil Keshari Shah, CEO of Mega Bank and Pravin Raman Parajuli, CEO of Nabil Investment…

Investment of Rs 9.5 Billion on Upper Myagdi 1 Hydropower Project

June 6: A hydropower project with the capacity of 53.5 MW is being constructed in Myagdi also known as ‘Hydro District’. The project is being developed by Himalayan Infrastructure Fund Ltd. “The run of the river project is in surveying phase and its Environmental Impact Assessment is being…

Century Bank Starts Branch at Bansgadhi
Century Bank Starts Branch at Bansgadhi
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June 6: Century Commercial Bank has started a branch at Bansgadhi, Bardia. Issuing a press statement, the bank said that the branch has been started in a bid to serve the customers in Western Nepal. It is the 32th branch of the…

Gurkhas Finance's Branch in Bijauri
Gurkhas Finance's Branch in Bijauri
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June 6: Gurkhas Finance has started a branch at Bijauri of Dang. Mukesh Oli, President of Bijauri Chamber of Commerce and Prem Bahadur Thapung, a BOD member of the Finance Company jointly inaugurated the branch amid a program. The company, headquartered at Dillibazar, Kathmandu is…

Laxmi Bank Supports Plantation
Laxmi Bank Supports Plantation
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June 6: Laxmi bank has contributed in a plantation program under its corporate social responsibility (CSR) on the occasion of World Environmental Day. The bank supported Nepal Army Institution of Health Science (NAIHS) for the plantation program on June 5. On the occasion, management team, faculty members and students of NAIHS planted 700 plants of different species in the premises of the medical college. According to the bank, such support…

NIC Asia Plants Trees on the Occasion of Environment Day
NIC Asia Plants Trees on the Occasion of Environment Day
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June 6: NIC Asia Bank has planted trees in various locations throughout the country on the occasion of World Environment Day. The tree plantation program was conducted in collaboration with various branches including Kusma, Attariya and Ilam on…

4 Commercial Banks Pledge Consortium Loan to Upper Sanigad Hydropower

June 6: Four commercial banks are financing Upper Sanigad Hydropower project, to be constructed in Bajhang district. The hydropower project is promoted by Bungal Power Company. The 10.7MW project is getting Rs 1.815 billion consortium loan from four commercial banks led by Civil…

Mahindra Two-wheeler Service Centre in Teku
Mahindra Two-wheeler Service Centre in Teku
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June 6: Agni MotoInc, the authorized distributed of Mahindra two-wheelers for Nepal has opened a service centre in Pachali Bhairab Marg, Teku. The service centre has been started to provide superior and reliant services to the customers, said the company in a press statement. Arjun Sharma, Director of the company inaugurated the service centre amid a program on June 5.…

CG Kwik’s Potato Chips in Pizza Flavor
CG Kwik’s Potato Chips in Pizza Flavor
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June 6: CG Food (Nepal) has launched potato chips in pizza flavor for the first time in Nepal. Issuing a press statement, the company said that in a bid to fulfill desire of the people of all classes of having pizza as snacks, CG brought the pizza flavored Kwik’s potato chips. The Kwik’s potato chips are available in packages of Rs 10 and Rs 20, reads the statement.…

Industrialist Sharda Appointed Honorary Consul for Georgia
Industrialist Sharda Appointed Honorary Consul for Georgia
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June 6: Industrialist Shiv Ratan Sharda has been appointed as the Honarary Consul for Georgia. Archil Dzuliashvili, Georgian Ambassador to Nepal handed over an appointment letter to Sharda organizing a special program in Kathmandu on June…

SEBON Organizes Blood Donation Program on Silver Jubilee
SEBON Organizes Blood Donation Program on Silver Jubilee
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June 6: Securities Board of Nepal (SEBON) has organized a blood donation program on the occasion of entering 25th year of operation. SEBON organized the program on the day of its silver jubilee on June 5 in Lalitpur where a total of 151 donors donated their…

NAC Ready for Loan Agreement with CIT and EPF
NAC Ready for Loan Agreement with CIT and EPF
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June 5: The Nepal Airlines Corporation (NAC) is now ready for loan agreement of Rs 24 billion to buy two wide-body Airbuses, with the Citizens Investment Trust (CIT) and Employees Provident Fund…

Construction of Luxury Resort Begins at Dhampush
Construction of Luxury Resort Begins at Dhampush
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June 5: Young entrepreneur Yadunath Adhikari has started the construction of Annapurna resort at Dhampush, Machhapuchhhre Rural Municipality, Kaski. According to Adhikari, the investment is being made due to the lack of well facilitated resort in the tourist…