Garima Mutual Fund Receives Approval for 'Garima Suvarna Yojana' Public Issuance

Kathmandu. Garima Mutual Fund, a collective investment fund sponsored by Garima Bikas Bank Limited and managed by Garima Capital Limited, has received approval for the public issuance of 'Garima Suvarna Yojana,' its first open-ended scheme sponsored by the development bank, amounting to NPR 1 billion.

Approval for the public issuance of the scheme was granted by the Securities Board of Nepal (SEBON). Garima Capital Limited, a subsidiary of Garima Bikas Bank Limited, is a merchant banker licensed by SEBON.

Facilitation for all services provided by Garima Capital Limited is also being carried out through all branches of Garima Bikas Bank Limited to reach customers.

The institution has expressed its commitment to moving forward by utilizing various latest technologies to deliver its services in a more refined and customer-friendly manner.