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Merged with NMB Bank [16] Kailash Bikash Bank 2020 Merged with Prime Commercial Bank [17] Deva Development Bank 2020 Acquired by Kumari Bank [18] Gandaki Bikash Bank 2020 Merged with Mega Bank Nepal [19] Tourism Development Bank 2018 Merged with Mega Bank Nepal [19] NIDC Development Bank 2018 Acquired by Rastriya Baninjya Bank [20]
In 2016, the Bank also acquired Professional Diyalo Bikas Bank, a regional development Bank. [5] Laxmi Bank is a Category ‘A’ Financial Institution and re-registered in 2006 under the Banks and Financial Institutions Act of Nepal. The Bank’s shares are listed and actively traded in the Nepal Stock Exchange. [6]
NMB Bank Nepal is a commercial bank in Nepal with headquarters in Kathmandu. The bank is licensed by central bank of Nepal, the Nepal Rastra Bank, and has 202 branches across the nation providing retail and commercial banking services. The bank's shares are publicly traded on the Nepal Stock Exchange. [4]
Rastriya Jeevan Beema Company Limited is the first life insurance company in Nepal which was established as its previous Name Rastriya Beema Sansthan. [2] Established by the Government of Nepal. [3] They are operating in Nepal through 23 branches [4] located at various part of nepal [5]..
Prabhu Bank Limited [3] is a commercial bank in Nepal. The bank is an ‘A’ class commercial bank licensed by Nepal Rastra Bank [4] and has branches all across the nation with its head office in Kathmandu which provides entire commercial banking services. The bank's shares are publicly traded as an 'A' category company in the Nepal Stock ...
Nepal SBI Bank Limited (NSBL) is the first Indo-Nepal joint venture in the financial sector. Sponsored by three institutional promoters, namely the State Bank of India (SBI), Employees Provident Fund and Agricultural Development Bank of Nepal through a memorandum of understanding signed on 17 July 1992.
Small Industries Development Bank of India (SIDBI) is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. It is under the jurisdiction of Ministry of Finance , Government of India headquartered at Lucknow and having its offices all over the country.
In line with the BAFIA, ADBL has been incorporated as a public limited company on July 14, 2005. [5] Thus, ADBL operates as an "A" category financial Institution under the legal framework of BAFIA and the Company Act. The bank has a 51% share of the Government of Nepal and 49% of the general public. Most of its shareholders are customers and ...