Nepal Clearing House Appoints Samaj Prakash Shrestha as Director

Dec 12, 2018 Merolagani

Nepal Clearing House (NCHL) has appointed Samaj Prakash Shrestha as a director in its board. The 119th meeting of the board of directors of NCHL appointed Samaj Prakash Shrestha, Deputy CEO of Reliance Finance Ltd as a director representing finance companies.

As per NCHL, the appointment will remain valid for the remaining term, which remained vacant after the departure of Sunil Pant of ICFC Finance.

NCHL board has seven members with one representative from Nepal Rastra Bank (NRB), three from commercial banks, one from development banks, one from finance companies and one from Smart Choice Technologies. NCHL has been at the forefront of providing national payment systems services.

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NRB to Invest 1.48 Billion in Fixed Deposit

Dec 05, 2019 12:00 PM

Nepal Rastra Bank (NRB) is investing Rs 1.48 billion on 'A' listed commercial banks, 'B' listed national level development banks and 'C' listed national level finance companies.