$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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'hit' => '874'
)
),
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'hit' => '874'
)
),
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'hit' => '874'
)
),
'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
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million.
SEBON Inspects 30 Brokerage Companies
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.
NBL Right Share Allotment
Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.
EIC Resumes Operation
Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.
Merger between Best and Samsara
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’.
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger.
Mega Distributes Certificate
Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12.
Mega goes Branchless at Aargakachi
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi.
NIBL at Bharahathawa
Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).
RMDC IPO Allotment
Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units.
GBIME at Hetuada
Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.
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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'hit' => '874'
)
),
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'hit' => '874'
)
),
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'hit' => '874'
)
),
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'article_category_id' => '108',
'title' => 'Money Matters News In Brief',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size:14px;">NRB Asked Capital Increment Plan</span></strong></div>
<div>
Nepal Rastra bank (NRB) has asked Banks and Financial Institutions (BFIs) to submit their plan to increase the paid-up capital as prescribed by NRB. The BFIs who have not increased their capital till mid-July 2013 to the minimum amount as prescribed, have to place the plan to NRB till Mid-Oct 2013. NRB issued such circular to all BFIs on August 11 (Sunday). As per this directive, commercial banks have to have a paid-up capital of Rs 2 billion and the national level development banks have to make it Rs 640 million. Similarly, the finance companies have to have a minimum of of Rs 200 million. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">SEBON Inspects 30 Brokerage Companies</span></strong></div>
<div>
Securities Board of Nepal (SEBON) has inspected 30 brokerage companies after the complaint were filed against them. SEBON has inspected the detailed information regarding the buyers and sellers. Similarly, the on-site inspection also investigated matters related to anti-money laundering. The inspection has found that the brokers have been providing privilege to the larger investor than the smaller investors. Thus, they have been warned, not to repeat this behavior in future.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NBL Right Share Allotment </span></strong></div>
<div>
<img alt="Nepal Bank Limited (NBL)" src="/userfiles/images/nbl.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 81px;" />Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned.</div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">EIC Resumes Operation</span></strong></div>
<div>
<img alt="Everest Insurance Company (EIC)" src="/userfiles/images/eic(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Merger between Best and Samsara</span></strong></div>
<div>
The merger between Best Remit UK and Samsara Remit UK took place on Wednesday, 14 August. After the merger the new remittance company will operate in the name of ‘Best Samsara Remit’. </div>
<div>
Presidents of Best Holding Bhimkrishna Udas and Samsara Nepal UK Rajaram Giri signed the agreement for the merger. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega Distributes Certificate</span></strong></div>
<div>
<img alt="Mega Bank Nepal Ltd" src="/userfiles/images/mega.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 49px;" />Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">Mega goes Branchless at Aargakachi</span></strong></div>
<div>
Mega Bank has started branchless banking services at two locations of Aargakachi. The two places are Hansapur and Khiliji of Aargakachi. </div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">NIBL at Bharahathawa</span></strong></div>
<div>
<img alt="Nepal Investment Bank Ltd (NIBL) " src="/userfiles/images/nibl(1).jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 27px;" />Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">RMDC IPO Allotment</span></strong></div>
<div>
<img alt="" src="/userfiles/images/rmdc.jpg" style="float: left; margin: 0px 10px 0px 0px; width: 50px; height: 50px;" />Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. </div>
<div>
</div>
<div>
</div>
<div>
</div>
<div>
<strong><span style="font-size:14px;">GBIME at Hetuada</span></strong></div>
<div>
<img alt="Global IME Bank" src="/userfiles/images/gbime.jpg" style="
float: left; margin: 0px 10px 0px 0px;width: 100px; height: 21px;" />Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-19',
'modified' => '2013-08-20',
'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' => 'Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders.',
'sortorder' => '1524',
'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' => '108',
'name' => 'NewsInBrief',
'parentOf' => '107',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'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' => '1663',
'hit' => '874'
)
),
'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
Nepal Bank Limited (NBL) has allotted 3,360,606 right shares to the shareholders. Out of this, 13,972,866 shares have been allotted to Government of Nepal and remaining 19,387,740 shares to the general public. This allotment is 92.17 percent of the right shares issued. The remaining unsubscribed right shares are to be auctioned..jpg)
Everest Insurance Company (EIC) resumed its operation from Sunday August 11 after an understanding between management team and agitation employees. Earlier, the Insurance Board had refused to renew the company’s licence as it had found embezzlement on payment of claim worth Rs 40 million to Himalayan Snax made by company.
Mega Bank Nepal Ltd had started distributing share certificates to the allotted shareholders from August 12. .jpg)
Nepal Investment Bank Ltd (NIBL) has opened its 44th branch at Bharahathawa, Sarlahi. The branch was inaugurated by bank’s CEO Jyoti Prakash Pandey on August 15 (Thursday).
Rural Microfinance Development Center (RMDC) Ltd has allotted its IPO on Thursday August 15. Though RMDC had issued 1,560,000 unit of shares, it had got applications for a total of 17,429,240 units. 
Global IME Bank has opened its 71st branch at Hetuada. The branch was inagurated by NPBC President Kush Kumar Joshi on Friday, August 16.
