NEA, HBL ink Rs 6b deal

KATHMANDU, July 17 – The 309-megawatt (MW) Upper Tamakoshi hydroelectric project made one more significant step towards materializing after Nepal Electricity Authority (NEA) and Himalayan Bank Ltd (HBL) Wednesday signed a memorandum of understanding (MoU) in connection with investment in… बाँकी अंश »

Five financial institutions merge to become commercial bank

Five financial institutions — Mahalaxmi Finance Ltd, Birgunj Finance Ltd, Siddhartha Finance Ltd, Butawal Finance Ltd and Himchuli Development Bank — have signed an accord yesterday to merge and upgrade to ‘A’ level commercial bank.“All the financial institutions are planning… बाँकी अंश »