Home / Commerce and Economy / Business and Corporate (page 4)

Business and Corporate

Ncell 4G service launched

Ncell has said that its customers with 4G compatible handset can now experience fourth generation (4G) technology. Issuing a statement, the GSM operator said that its subscribers in Kathmandu, Nagarkot, Banepa and Dhulikhel can enjoy 4G service. “The 4G service has been launched in line with the technology neutrality permission, …

Read More »

NMB Bank to provide ASBA service

image011

NMB Bank has said that it will be providing Application Supported by Blocked Amount (ASBA) service to customers. The newly introduced system ensures that the applicant’s funds remain in his/her bank account till the shares are allotted, the bank said in a statement. “The mechanism requires the applicant to provide …

Read More »

NIC Asia Capital free Demat services

image007

NIC Asia Capital has announced free Demat account opening services to its customers. The company will not collect any charge for the operation of the Demat account in the first year, said the Capital in a press statement. According to the statement, customers can open the Demat account from any …

Read More »

Branch of Sunrise Bank’s at Hetauda

sun

Sunrise Bank has started a branch at Hetauda, Makwanpur. Dhananjay Sharma, Director of Nepal Rastra Bank, Birgunj and Hari Bahadur Mahat, Mayor of Hetauda Sub-Municipality jointly inaugurated the branch amid a program. “After acquiring Narayani National Finance, Sunrise Bank had two branches in Narayangadh. Out of the two branches, it …

Read More »

Global IME’s new ATM outlet in Lumbini

image008

Global IME Bank has started an ATM outlet in Lumbini, the birthplace of Lord Gautam Buddha. The bank started the outlet which is close the main entrance gate of Lumbini Development Project aiming to serve local customers and tourists who come to visit Lumbini. With the addition, the number of …

Read More »

NOC restrained to distribute bonuses

Nepal Oil Corporation (NOC) was directed not to distribute bonuses to the corporation’s employees by the sub-committee of the parliamentary Industry, Commerce and Consumer Welfare Protection on Wednesday until the Bonus Act 1973 was amended. The parliamentary sub-committee also directed NOC to reimburse the money that it had borrowed from …

Read More »

Sunrise Bank Branch at Kalikasthan

image008

Sunrise Bank has started a branch in its own building at Kalikasthan, Kathmandu. Shiva Raj Shrestha, Deputy Governor of Nepal Rastra Bank inaugurated the branch amid a program on May 28. The bank transformed the head office of earlier Narayani National Finance to a branch.  According to the bank, the …

Read More »

Siddhartha Devt Bank to be acquired by Janata Bank

Siddhartha Development Bank is set to be acquired by Janata Bank.   A special general meeting of Siddhartha Development Bank held on May 26 approved a proposal regarding the acquisition. The meeting approved the acquisition proposal based on the due diligence audit (DDA) report that fixed a swap ratio of 1:1. …

Read More »