Reliable Investment and Merchant Capital Expands Operations with Full Merchant Banking License and New Leadership

Summary

Reliable Investment and Merchant Capital Limited, a subsidiary of Reliable Nepal Life Insurance, has expanded its operations by obtaining a full merchant banking license and appointing Bhisma Raj Chalise as its new CEO.

Key Points
  • Reliable Investment and Merchant Capital Limited is a subsidiary of Reliable Nepal Life Insurance.
  • The company obtained a full merchant banking license and multiple approvals from the Securities Board of Nepal.
  • Bhisma Raj Chalise was appointed CEO with over 30 years of experience in Nepal's capital market and banking sector.
  • The company plans to expand services using advanced technology and regulatory compliance.
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