Sub Groups of the listed Company:

Micro Development Banks

Micro Development Banks are class "D" Financial Institutions. There are all together 28 such institutions. All these institutions are not registered at NEPSE. Those registered at NEPSE and traded in the market are the followings.

The list of the Micro Development Bank and their operation status are as given below.

SN  Name of Company  Stock Symbol  Operational Area  New Status
 1  Chhimek Laghu Bitta Bikash Bank CBBL National Level  -
 2  Diprosc Microfinance Development Bank DDBL 4 Districts  -
 3  First Micro Finance FMDBL National Level  -
 4  Madhymanchal Grameen Bikas Bank MGBL 25 Districts  On Merger Process
 5  Nerude Laghu Bitta Bikash Bank NLBBL 15 Districts  -
 6  Nirdha Utthan Bank NUBL National Level  -
7  Paschimanchal Grameen Bikas Bank PDBL 16 Districts On Merger Process
8  Purbanchal Grameen Bikas Bank PGBL 15 Districts On Merger Process
9  Sworojgar Laghu Bitta Bikash Bank SWBBL National Level -
10  Summit Microfinance Development Bank SMFDB 10 Districts -

Corporate News

India makes exemption for Nepal, allows some refined palmolein imports

February 12, 2020- India, which restricted imports of refined palm oil and palmolein in January, has exempted Nepal and has started issuing licences to import some refined palmolein from the Himalayan nation, two government officials told Reuters.

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HIDCL, Power China to build 762MW Tamor reservoir project

Kathmandu, September 16- The Hydroelectricity Investment and Development Company Ltd (HIDCL) and state-owned Power China Corporation have jointly submitted a project development proposal at the Investment Board Nepal (IBN) to build the 762-megawatt Tamor reservoir project, which will cover Panchthar, Taplejung, Terhathum and Sankhuwasabha districts.

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Security audit of BFIs compulsory

Kathmandu, September 10- Nepal Rastra Bank (NRB) has made it mandatory for banks and financial institutions (BFIs) to conduct an audit of their information and technology (IT) system.

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Age limit set for CEOs, directors at BFIs

KATHMANDU: Nepal Rastra Bank has set an age bar for board of directors and chief executive officers of banks and financial institutions (BFIS).

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