Banking News – Siddhartha Capital has been associated as the “Supported By” partner for the Nepal Capital Market Discourse, scheduled to take place on Bhadau 21.

Siddhartha Capital is 51 percent owned by Siddhartha Bank. The company was the first in Nepal to obtain a license to operate mutual funds, receiving its permit on September 9, 2012, following the implementation of the Mutual Fund Regulations, 2010. The company was established on September 28, 2012. Since then, Siddhartha Capital has been playing a significant role in the development and expansion of the mutual fund industry in Nepal.

After the successful operation of mutual funds, Siddhartha Capital entered the merchant banking sector in 2015. Currently, the company provides various services including corporate advisory services, issue management, underwriting, portfolio management services, depository participant, and share registrar.

The Nepal Capital Market Discourse, organized by Banking Samachar with NASA Securities as the main sponsor, aims to facilitate comprehensive discussions on Nepal’s capital market. The discourse is being organized with the objective of discussing policy reforms, regulatory conditions and improvements, investor rights and interests, and spreading shareholder education.

The Capital Market Discourse will be held on Bhadau 21, 2083 BS, at the Marriott Hotel in Kathmandu. It will feature an inaugural session along with four panel discussions. The discourse will also include a special duologue with Dr. Gopal Bhatta, Chairman of the Securities Board of Nepal (SEBON). The panel discussions will cover topics related to regulation and policy formulation, investor education, and technology and innovation in the stock market.

The discourse will see participation from the Ministry of Finance, SEBON, Nepal Rastra Bank, Nepal Stock Exchange (NEPSE), CDSC and Clearing, broker companies, merchant banks, commercial and development banks, credit rating agencies, and listed companies. Additionally, members of the House of Representatives, representatives from the Securities and Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE), and other international delegates will also be participating.