SEBON seeks quotations from commercial banks for Fixed Deposit

Securities Board of Nepal (SEBON) has published a notice seeking quotation from commercial banks with the intention to invest in fixed deposit. As per the notice published today, only the commercial bank listed in A-category by Nepal Rastra Bank (NRB) can submit quotation. Interested banks must submit their proposal by Ashad 31, one hour prior to office time. The quotation will be opened at 5:15 PM on the same day at Board office, jawalakhel, Lalitpur. The Board has asked the banks to specify interest rate on fixed deposit amount in the quotation. The final decision regarding to investment is subjected to SEBON . The quotation form is also available at the SEBON’s website ww.sebon.gov.np.