Paid-Up Capital Of Finance Companies In Nepal [Updated]
October 20, 2020 | Investopaper
As of Mid-July 2020 [Ashad end, 2077], there are 22 finance companies in Nepal. Out of the 22 finance, Nepal Rastra Bank has declared three as the problematic financial institutions. United Finance is the largest finance in terms of paid-up capital with Rs 104.08 crores. Likewise, Crystal Finance, one of the problematic finance, has the lowest capital of Rs 7 crores.
The table below presents the paid-up capital of all the finance companies of Nepal (As of Ashad end, 2077).
Paid-Up Capital Of Finance Company In Nepal
| S. No. | Name of Finance Company | Paid up Capital (Rs. In Crores) |
| 1 | *Nepal Finance Limited | 13.58 |
| 2 | Gorkhas Finance Limited | 86.80 |
| 3 | Goodwill Finance Limited | 80.00 |
| 4 | Shree Investment & Finance Co. Limited | 82.90 |
| 5 | Lalitpur Finance Limited | 18.79 |
| 6 | United Finance Limited | 104.08 |
| 7 | Best Finance Company Limited | 82.89 |
| 8 | Progessive Finance Limited | 80.01 |
| 9 | Janaki Finance Co. Limited | 60.04 |
| 10 | Pokhara Finance Limited | 91.73 |
| 11 | Central Finance Limited | 82.34 |
| 12 | Multipurpose Finance Co. Limited | 22.41 |
| 13 | Srijana Finance Limited | 84.78 |
| 14 | *Samriddhi Finance Company Limited | 18.20 |
| 15 | Guheshwori Merchant Banking & Finance Limited | 80.00 |
| 16 | ICFC Finance Limited | 92.65 |
| 17 | City express Finance Company Limited | 40.00 |
| 18 | Manjushree Finance Limited | 81.81 |
| 19 | Reliance Finance Limited | 83.24 |
| Total | 1286.26 |
* Released from problematic in this fiscal year
Paid-Up Capital Of Problematic Finance Companies
| S. No. | Name of Finance Company | Paid up Capital (Rs. In Crores) |
| 1 | Nepal Share Markets and Finance Ltd. | 23.33 |
| 2 | Capital Merchant Banking and Finance Ltd. | 93.51 |
| 3 | Crystal Finance Ltd. | 7.00 |
| Total | 123.84 |
what is the required paid-up capital for the finance companies?
For national level finance, the required paid-up capital is Rs 80 crores