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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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December 13, Kathmandu. Nepal Rastra Bank is preparing to leave the management of Gorkha Development Bank by mid January. Gorkha Development Bank and Kathmandu Finance have called special general meeting of their respective shareholders with a plan for merger. The Rastra Bank source has said that it will endorse the merger and handover management within a week of the general meeting. Gorkaha was declared a troubled bank on 25 March 2011 andNepal Rastra Bank had taken control of the management of the bank on 3 January 2013. The management of the Bank is being handled at present by Muktinath Sapkota and Drishnasharan Fuyal from the Rastra Bank.
Merger with Kathmandu Finance
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company.
The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.
The changes Gorkha Bank introduced
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi
Premura Properties for constructing JSB Financial Tower.
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December.
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
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<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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'summary' => 'December 13, Kathmandu. Nepal Rastra Bank is preparing to leave the management of Gorkha Development Bank by mid January. Gorkha Development Bank and Kathmandu Finance have called special general meeting of their respective shareholders with a plan for merger. ',
'content' => '<p>December 13, Kathmandu. Nepal Rastra Bank is preparing to leave the management of Gorkha Development Bank by mid January. Gorkha Development Bank and Kathmandu Finance have called special general meeting of their respective shareholders with a plan for merger. The Rastra Bank source has said that it will endorse the merger and handover management within a week of the general meeting. Gorkaha was declared a troubled bank on 25 March 2011 andNepal Rastra Bank had taken control of the management of the bank on 3 January 2013. The management of the Bank is being handled at present by Muktinath Sapkota and Drishnasharan Fuyal from the Rastra Bank.</p>
<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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'content' => '<p>December 13, Kathmandu. Nepal Rastra Bank is preparing to leave the management of Gorkha Development Bank by mid January. Gorkha Development Bank and Kathmandu Finance have called special general meeting of their respective shareholders with a plan for merger. The Rastra Bank source has said that it will endorse the merger and handover management within a week of the general meeting. Gorkaha was declared a troubled bank on 25 March 2011 andNepal Rastra Bank had taken control of the management of the bank on 3 January 2013. The management of the Bank is being handled at present by Muktinath Sapkota and Drishnasharan Fuyal from the Rastra Bank.</p>
<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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<p><strong>Merger with Kathmandu Finance</strong><br />
According to the Due Diligence Report prepared by Nepal Rastra Bank, the paid up capital of Gorkha Bank has come down to 10.9 million rupees from 661.6 million. On the basis of the final DDA report of both the institutions the share swap ratio has been fixed at 1:1. Though the Kathmandu Finance has been issuing rights shares at the ratio of 1:1, the paid up capital of the merged institution is expected to reach only 509 million rupees. If it becomes a development bank after the merger, it has to raise its paid up capital to 800 million rupees by June 2017 as per the new directive of the Rastra Bank. Since the paid up capital is not likely to reach the required level, there is a strong chance of the merged institution to become a ‘c’ class finance company. </p>
<p>The name of the merged bank is yet to be finalized. Gorkha had initially 22 branches, but it has come down to five branches after it sold some of its branches. Kathmandu Finance, however, is planning to buy three branches. With this, the number of branches of the new institution will reach eight. The last transaction of the shares of Kathmandu Finance in the stock exchange had taken place on 26 May 2015 at the rate of Rs. 141 per share.</p>
<p><strong>The changes Gorkha Bank introduced </strong><br />
Gorkha bank had an accumulated loss of 1.37 billion rupees when NRB had taken control over it but this has now been reduced to 445.9 million rupees. Recently it was able to recover 350 million rupees out of the loan issued to Abdul Kawadi and Krsi </p>
<p><strong>Premura Properties for constructing JSB Financial Tower. </strong><br />
The capital adequacy ratio was negative 40 percent but it has now come down to negative 11 percent The ratio of bad loan on the total loan was 80 percent until some months back, but it has come down to about 70 percent by early December. </p>
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