NRB Approves Right Issue of Narayani Development Bank

Jun 04, 2021 02:28 PM Merolagani

Nepal Rastra Bank (NRB) has approved the right issue of Narayani Development Bank.

The central bank approved 1:1 right issue of the bank on May 3.

The annual general meeting of the bank held on January 29 approved the proposal of issuing 1:2 right issue of the paid-up capital of Rs 131.2 million.

However, NRB approves issuing only 1:1 right share.

 

comments powered by Disqus