Nepal Bank to waive off CASBA charge altogether; bank’s customers can now apply in IPOs without any service charge

Nepal Bank has waived off the CASBA charge for its customers while applying for the IPOs of the companies.
SEBON had recently instructed all the BFIs to charge Rs 5 at the maximum as the CASBA charge while the bank is fully waving it off, as per the media statement.
The bank currently has 219 branches, 186 ATM outlets, and 49 extension counters serving more than 22 lakh customers