$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1278',
'hit' => '658'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1278',
'hit' => '658'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1278',
'hit' => '658'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies.
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1278',
'hit' => '658'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1278',
'hit' => '658'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1278',
'hit' => '658'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '1278',
'article_category_id' => '109',
'title' => 'Royal-Rara-Api Merger Gains Pace',
'sub_title' => '',
'summary' => null,
'content' => '<p>
<span style="font-size: 12px;">The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace. </span></p>
<p>
The three entities had asked for the permission for merger from central bank, Nepal Rastra Bank in Mid-July, 2012. But, these entities later asked for the extension of time duration for further three months i.e. till July 9, 2013. The reason behind this was said to be delay in the Due Diligence Audit (DDA) of the companies. </p>
<p>
Now the DDA has been completed and the share swap ratio and number of members in the new board of directors have been finalized. The merged entity is to be a national level development bank with a proposed name of ‘Apex Development Bank Limited’. The capital of the newly formed entity will be Rs 666,563,200. The head office of the new development bank will be located at Darbar Marga, Kathmandu and will have 16 branches and 3 extension counters across the country.</p>',
'published' => true,
'created' => '2013-07-01',
'modified' => '2013-07-01',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The merger process among the Royal Merchant Banking and Finance of Kathmandu, Rara Development Bank of Surkhet and Api F i n a n c e of Kaski w h i c h was delayed for three months has regained its pace.',
'sortorder' => '1140',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '109',
'name' => 'Money Matters News',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '2',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 12:23:24'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1278',
'hit' => '658'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
