NMB Interschool Heritage Painting Competition
NMB Interschool Heritage Painting Competition
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March 21: NMB Bank has organized 4th Interschool heritage competition 2017. The competition which was based on Urlabari and Butwal for the latest session was participated by 86 students of class 8-12. The competition has been organized in a bid to promote importance of heritage conservation to every sector of society, said the bank in a press statement. The bank has been organizing various programs on heritage conservation under its social corporate responsibility.…

Vibor Society Organises Financial Literacy Program
Vibor Society Organises Financial Literacy Program
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March 21: Vibor Society Development Bank has organized a financial literacy program in Bajrayogini Secondary School at Devghat. Issuing a press statement, the bank informed that the program organized on March 17 provided information regarding banking system and facilities to students, teachers, parents and locals of Devghat. On the occasion, the bank also provided 10 units of computers to the school. Sushil Raj parajuli, Chairman of the bank handed over the computers to Chairman of administration committee of the school.…

NRB Directs to Follow High Court’s Decision on Interest Rate
NRB Directs to Follow High Court’s Decision on Interest Rate
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March 20: Nepal Rastra Bank (NRB) has directed banks and financial institutions (BFIs) to stop haphazard increment in loan interest rate against the loan agreement. Based on the High Court’s order issued on last October 23, NRB issuing a circular has given five-point directions to the…

Hyundai Open Golf Trophy to Shah
Hyundai Open Golf Trophy to Shah
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March 20: Bikash Shah has won 7th Hyundai Open Golf Tournament 2017. Shah won the trophy by beating Aang Norbu Sherpa in the tournament organized at Gokarna Forest Resort on March 18. Along with the trophy, he also won Rs 100,000 and a smartphone. Similarly, the first runner up Sherpa won Rs 50,000 and a smartphone along with a trophy. In the tournament, Nischaya Jung Raymajhi was the second-runner up. He was provided…

Force Group Brings Everdigm Hydraulic Breakers
Force Group Brings Everdigm Hydraulic Breakers
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March 20: Force Group Incorporated has been appointed as the authorized distributor of Everdigm Hydraulic Breakers for Nepal. In the context of increasing demand of Everdigm Hydraulic Breakers in the country, Force is starting the sales of the machine as a sole distributor,” said Kedar Lamichhane, Managing Director of Force in a press conference organized on March…

CG Motocorp's Exchange Fair
CG Motocorp's Exchange Fair
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March 20: CG Motocorp, the authorized distributor of Suzuki vehicles for Nepal is organising a three days long 'Suzuki Exchange Fair 2073' since March 17 March 18. Under the scheme, the customers can get the facilities such as hassle free from documentation, easy and low installment charges and finance service as low as 8.99 percent, informs the…

Hyatt to Organise Punjabi Food Festival
Hyatt to Organise Punjabi Food Festival
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March 20: Hyatt Regency Kathmandu is organising Punjabi Food Festival at The Cafe from March 24 to March 31. Issuing a press statement, the hotel informed that the eight-day festival will provide diners a wide range of Punjabi dishes to choose from, including both vegetarian and non-vegetarian.…

Bajaj Dominar 400 Unveiled
Bajaj Dominar 400 Unveiled
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March 20: Hansraj Hulaschand and Company, the authorized distributor of Bajaj motorcycle for Nepal has unveiled a new two-wheeler ‘Bajaj Dominar 400’ in the market on March 16. According to the company, the new motorcycle is unique than other two-wheelers. The company informed that…

NIDC to Merge into Rastriya Banijya Bank
NIDC to Merge into Rastriya Banijya Bank
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March 20: The 49th annual general meeting (AGM) of NIDC Development bank has approved a proposal of merging into Rastriya Banijya Bank (RBB). The AGM also granted authority to board of directors of the bank to forward the process of merger with RBB. In the meeting, Chuna Mani Sharma, Chairman of the bank and Director General of Internal Revenue Department presented the current scenario and future work policy of the bank.…

One Corridor One Transmission Line Demanded
One Corridor One Transmission Line Demanded
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March 17: Stakeholders have demanded to install one transmission line to all hydroelectricity projects (HEPs) under one corridor. They suggested policy makers to be farsighted and to consider future HEPs while giving approval to any HEP under a river corridor. Speakers kept these views in a program regarding administration of transmission line in Nepal organized in the capital on March…

Central Bank to Cap Loan Interest Rate
Central Bank to Cap Loan Interest Rate
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March 17: A, B and C listed banks and financial institutions (BFIs) can now increase their loan interest rate only twice annually. On Thursday, Nepal Rastra Bank (NRB), publishing its concept paper on provision of setting and reviewing interest rate, set time limit on setting loan interest…

Pokhara Finance in 21th year
Pokhara Finance in 21th year
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March 17: Pokhara Finance, headquartered in Pokhara has entered into 21th year of operation. On the occasion, the finance organized a rally ‘Financial Literacy and Clean Notes”. “The company disseminated information regarding financial literacy and safety of notes while celebrating its anniversary,” said Bhuwan Singh Gurung, Chairman of the company. Moreover, Raj Kumar Gurung, CEO of the finance informed of distributing long-term service award to…

BOKL to distribute 23% Bonus
BOKL to distribute 23% Bonus
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March 17: Bank of Kathmandu Lumbini is set to distribute 23 per cent bonus share. The 22nd annual general meeting of the bank approved a proposal of distributing the bonus share to its shareholders. Similarly, the AGM also endorsed a proposal of resuming its earlier name ‘Bank of Kathmandu’ which it…

Mega Endorses Bonus and Right Shares
Mega Endorses Bonus and Right Shares
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March 17: The 6th annual general meeting of Mega Bank has endorsed a proposal of distributing 13.25 per cent bonus share, 0.70 per cent cash dividend and 65 per cent right…

Isuzu Rolls Out 2 Pickups in Nepali Market
Isuzu Rolls Out 2 Pickups in Nepali Market
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March 16: Japanese automobile company Isuzu has launched two variants of D-Max pickup in the Nepali market. The company today amid a function held at the capital introduced the Isuzu D-Max V-Cross…