Laxmi Capital News
Nabil Bank Ltd. has appointed Laxmi Capital Market Ltd. as an issue manager for issuing its 20 lakh unit Nabil Bank Ltd Bond

Nabil Bank Ltd. has appointed Laxmi Capital Market Ltd.  as an issue manager for issuing its 20 lakh unit Nabil Bank Ltd. Bond that amounts to Rs 2 arba. The MoU regarding the same was signed between CEO of NABIL Mr. Anil Keshari Shah and CEO of the Laxmi Capital Market Ltd. Mr. Rajiv Sapkota amid a program. The bank which plans to issue 40% of debenture i.e. Rs 80 crores to general investors and remaining Rs 1.20 arba worth debentures to the big and institutional investors will float its debenture for the investors after receiving permission from SEBON.

"The bank plans to provide 10% interest to the investment semi-annually for the 7 years after which the debenture shall mature."