Nepal Infrastructure Bank Limited (NIFRA) IPO ISSUE

NIFRA BANK IPO ISSUE It has been almost two years since the establishment of Nepal Infrastructure Bank Limited (NIFRA) with a larger capital than other banks in Nepal. The Infrastructure Bank, which has the main objective of accelerating the infrastructure development, had started its financial transactions on February 8, 2075 BS by obtaining a license from Nepal Rastra Bank. New Biggest ever IPO Issue of NIFRA - Nepal Infrastructure Bank | IPO KHABAR The bank, which does not accept small deposits, has so far invested Rs 8.35 billion. Many of these loans have been invested in hydropower projects. The bank said there was a demand for loans for hydropower projects even amid the Corona epidemic. According to the bank, there is demand for investment in solar energy, cement and hotel industry after hydropower. The bank has so far invested Rs 5.40 billion in four 110 MW hydropower projects and Rs 1 billion in 20 MW solar power projects. Similarly, the bank has invested Rs 1.5 billion in...