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The total deposits for the first year was NPR 1,702,025 where current deposits was about NPR 1,298,898 fixed was about NPR 388,964 and saving was NPR 14,163. Loan disbursed and outstanding at the end of the first year was NPR 1,985,000. In 2007, Nepal Bank
Limited appointed Mr Rohit Ghambole as chief
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From the very conception and its creation, NBL was as joint venture between the government and the private sector. Out of 2500 equity shares of NPR 100 face value, 60% was subscribed by the government and the balanced 40% was offered for the sale to private sector. There were only 10 shareholders
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When NBL was established, it was formed under the principle of Joint venture (Joint venture between
Government and general public). NBL's authorized capital was NPR 100 million & issued capital NPR 2.5 million of which paid-up capital was NPR 842,000 with 10 shareholders. The bank has been
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In that era, very few understood or had confidence in this new concept of formal banking. Rising equity shares were not easy and mobilization of deposits even more difficult. This was evident when the bank floated equity shares worth
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inaugurated Nepal Bank
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Nepal Bank
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providing banking through its branch offices in the different geographical locations of the country.
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2,500,000, but was successful only in raising NPR 842,000.
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First Bank of Nepal (also, First
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http://www.nepalbank.com.np/bankoverview/history.php
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402:On November 15, 1937 (Kartik 30, 1994), the then
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120:Learn how and when to remove this message
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469:Official website of Nepal Bank Limited.
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58:adding citations to reliable sources
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386:. It was established in 1937, by
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539:Banks established in 1937
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267:Krishna Bahadur Adhikari
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274:Samata Pant (Bhatta)
258:Ganga Prasad Gyawali
54:improve this article
505:. 15 December 2016.
339:Number of employees
232:Number of locations
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375:नेपाल बैंक लिमिटेड
366:Nepal Bank Limited
299:investment banking
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426:Introduction
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69:"Nepal Bank"
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52:Please help
47:verification
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242:Area served
151:Native name
528:Categories
475:References
315:Net income
254:Key people
209:1937-11-15
110:March 2022
80:newspapers
353:nepalbank
331:326 crore
222:Kathmandu
172:Traded as
435:Services
418:banker.
282:Products
262:chairman
188:Industry
398:History
348:Website
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202:Founded
192:Banking
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370:Nepali
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343:1000+
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225:Nepal
178:NEPSE
101:JSTOR
87:books
355:.com
73:news
412:NPR
382:of
357:.np
270:CEO
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