Sub Groups of the listed Company:
There are National and 1-3 district type Finance companies. There has been change in capital base requirement for Finance company operating at National level and regional level requirement like in other financial institutions. Initially the new paid up capital base of NRs. 200 millions and Rs. 100 million respectively . Some Finance companies weree also operating with merchant banking function and these companies require Paid up Capital NRs. 300 millions. The new capital base requirement for finance companies operating at national level and small level are NRs800million and NRs. 400 million respectively.
With the increase in paid up capital requirement , a numbers of finance companies have either merged or got acquired by other like minded financial institutions.
The finance companies operating in the country and their present status and operational area are presented here in alphabetical order.
|SN||Name of Company||Stock Symbol||Operational Area||Status|
|12||Manjushree Financial Institution||MFIL||National||-|
|17||Shree Investment & Finance||SIFC||National|