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Nepal Bank to meet NRB criterion on paid up capital at the earliest
52 sec to read
March 24: Nepal Bank Limited (NBL) will be the first bank to have paid up capital of Rs. 8 billion as per NRB directive.
BOD meeting of the bank held on 6 Chaitra has proposed to issue 23.74% right shares to its existing shareholders. The proposal is subjected to approve from NRB and bank’s forthcoming AGM. NRB has directed BFIs to increase its paid up capital to Rs. 8 billion. Thus, bank is issuing right shares in a bid to increase its paid up capital.
At present, bank has Rs. 6.456 billion 465 paid up capital which will cross the limit of Rs. 8 billion after issuance of right share. Along with this, bank will be the first bank to reach paid up capital limitation margined by NRB.
Meanwhile, transaction worth Rs. 73.8 million of NBL has carried out in NEPSE. Due to speculations of investors on company’s return for next few years, share price has been declined. The last transacted market price of NBL is Rs. 396.
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'sortorder' => '2999',
'image' => null,
'article_date' => '2016-03-24 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '11'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '11',
'user_detail_id' => '0',
'group_id' => '24',
'username' => 'nsingha@abhiyan.com.np',
'name' => '',
'email' => 'nsingha@abhiyan.com.np',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2015-04-08 13:22:59',
'last_login' => '2023-04-16 09:29:47',
'ip' => '172.69.77.43'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3161',
'hit' => '2066'
)
),
'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
