NRB Approves Acquisition of Rastra Utthan Laghubitta by  Asha Laghubitta

Jun 07, 2023 12:08 PM Merolagani

Nepal Rastra Bank (NRB) has granted approval to Asha Laghubitta Bittiya Sanstha (ALBSL)  to acquire Rastra Utthan Laghubitta Bittiya Sanstha.

The central bank approved the acquisition on June 6.

Asha Laghubitta and Rastra Utthan Laghubitta signed merger/acquisition agreement on April 12.

Asha Laghubitta headquartered at Nuwakot, Madarpur is acquiring Asha Laghubitta headquarterd at Banepa, Sanga.

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Commercial Banks Cut Interest Rates, Again

Jul 15, 2024 09:22 AM

Commercial banks have published new interest rates for the upcoming month of Shrawan. As per the published notices, the average interest rates of the banks have declined for the upcoming month as well