Nepal SBI Bank Limited is a first Indo-Nepal Joint Venture Company. Its shares are hold by national and foreign investors. 2 institutional promoters hold 70% of total shares in the Bank and rest is distributed among nearly 18,000 public shareholders. During the review period, Agricultural Development Bank Nepal (one of the institutional promoters) divested all its 5% holdings. So, State Bank of India, through an open bid, purchased all the 5% shares by increasing its total stake to 55%.Employees’ Provident Fund continue to hold 15% shares which was incorporated under Karmachari Sanchaya Kosh Act 1962 to administer and manage the private sector employers.
Share Subscription Chart of Nepal SBI Bank Ltd.
Name of Organization Share
State Bank of India 55%
Employee Provident 15%
General Public 30%
Share Subscription Chart of Nepal SBI Bank Ltd
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