Rastriya Banijya Bank will issue a seven-year debenture worth Rs 3 billion, offering an annual interest rate of 6%.
Rastriya Banijya Bank is issuing a seven-year debenture worth Rs 3 billion at an annual interest rate of 6%. The issue, named 6 percent RBBL Debenture 2089, opens on Ashoj 29, the bank said in a press statement.
The debenture consists of 3 million units, each with a face value of Rs 1,000.
Nepal Rastra Bank has amended foreign exchange regulations to increase payment ceilings across sectors, aiming to facilitate imports, foreign services payments and banking transactions.
A Finance Ministry selection committee has shortlisted four candidates from eight applicants for the vacant Nepal Stock Exchange CEO position.
Prime Minister Balendra Shah has assigned Energy Minister Biraj Bhakta Shrestha acting responsibility for Nepal’s Finance and Foreign Affairs ministries while their ministers are abroad.