EBL ATM in Janakpur

KATHMANDU: Everest Bank Ltd (EBL) has installed its ninth ATM counter in Janakpur, which is the first ATM in the area. The natives and visitors of Janakpur can now avail the facility of Debit/ATM card. The ATM counter is located in the Janaki temple and will be inaugurated

by Shree Ram Tapeshwar Das Vaisnav, the Mahanta of Janaki Temple on Ghatasthapana day, states a press release issued by the bank. — HNS

KMBSL to float IPO

KATHMANDU: Securities Board of Nepal (SEBON) has approved an initial public offering (IPO) worth Rs 22.5 million of Kuber Merchant Bittiya Sanstha Ltd (KMBSL). KMBSL will issue 2,25,000 unit shares at face value of Rs 100 each to the public. Nepal Merchant Banking

and Finance Ltd is the sales and issue manager for its IPO, states a press release issued here on Thursday. — HNS

Gautam awarded Phd

KATHMANDU: The Maharaja Sayajirao University of Baroda has awarded Phd to Bishnu Prasad Gautam for his work on ‘Tourism Financing in Nepal’. Gautam has done a in-depth research on financing in tourism sector. — HNS