Category/exclusive-news (Total Articles : 2586 )

Siddhartha Bank's profit increased by 32.31 percent and distributable profit is more than Rs 1 billion

Siddhartha Bank's profit increased by 32.31 percent and distributable profit is more than Rs 1 billion

Kathmandu. By the fourth quarter of last fiscal, Siddhartha Bank had raised Rs. It has made a net profit of over Rs 2.83 billion. This is an increase of 32.31 percent over the corresponding period of the previous year. Last year, the bank had raised...

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Excel Development Bank issuing 30 percent rights

Excel Development Bank issuing 30 percent rights

Kathmandu. The Nepal Securities Board (NSB) has given permission to Excel Development Bank to sell 30 percent of its shares. The board has given permission to the bank to sell 2,433,363.67 shares in the ratio of 10 to 3 on August 13.

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First Time The highest turnover in the stock market of 21.64 billion share traded

First Time The highest turnover in the stock market of 21.64 billion share traded

Kathmandu. The highest turnover of Rs 21.64 billion was recorded on the Nepal Stock Exchange (NEPSE). This turnover is still high. Earlier, a new record of Rs 19.55 billion was set in Nepse.Nepse has decreased by 24.57 points and stood...

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Prime commercial Bank profit increased by 44.56 percent

Prime commercial Bank profit increased by 44.56 percent

Kathmandu. Prime commercial Bank has given up Rs 322.220 million in last fiscal year. The bank has increased by 44.56 percent in profit in the last fiscal year. In the last Fiscal Year, Prime Bank had profited Rs 2.250 million.Profit...

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NIC Asia Bank profit Rs. 3.25 Billion

NIC Asia Bank profit Rs. 3.25 Billion

Kathmandu. NIC Asia Bank came. The indulgonment of the overall financial statement of 2077/78 are enthusiastic.A.W. In 2077/78, this Bank about Rs. 91 billion increases the total loan amount Rs. You have succeeded in order 265 billion.

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NMB Bank's profit increased by 59.42 percent

NMB Bank's profit increased by 59.42 percent

Kathmandu. NMB Bank has increased its profit by 59.42 percent to Rs 2.73 billion in the last fiscal year. Last year, the bank's profit was Rs 1.71 billion. As per the financial statement, NMB Bank has collected Rs 164 billion in deposits and given Rs...

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Prabhu Bank's profit increased by 68.45 percent and Net worth per share 153

Prabhu Bank's profit increased by 68.45 percent and Net worth per share 153

Kathmandu. Prabhu Bank has earned a profit of Rs 2.1 billion in the fourth quarter of the last fiscal year. The bank has increased its profit by 68.45 percent in the last fiscal year. Last year, the bank had earned only Rs 1.19 billion.

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Machhapuchhre Bank's profit increased by 29.36 percent

Machhapuchhre Bank's profit increased by 29.36 percent

Kathmandu. Machhapuchhre Bank has earned a profit of Rs 1.63 billion. Such figures have been made public by releasing unrevised financial statements up to the fourth quarter of the last fiscal year. The bank's profit is 29.36 percent higher than the same period of the...

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Sanima Life's IPO Distribution, only 540,000 people got 10 lots share

Sanima Life's IPO Distribution, only 540,000 people got 10 lots share

Kathmandu. Sanima Life Insurance has distributed its initial public offering (IPO) to the public. At the rate of 10 lots, only 540,000 people have received shares through round robin.More than 2.419 million 848 people had applied for the IPO in...

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Now microfinance can also issue bonds

Now microfinance can also issue bonds

Kathmandu. Now, microfinance financial institutions will also be able to issue bonds. Governor of Nepal Rastra Bank Maha Prasad Adhikari said that the monetary policy for the current fiscal year will be made public.At the same time, microfinance institutions will...

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Share loans encouraged to small investors

Share loans encouraged to small investors

Kathmandu. Nepal Rastra Bank (NRB) has taken a policy to encourage small investors in the share market to extend credit. Announcing the monetary policy, Governor Maha Prasad Adhikari has set limits to control the share loan flowing to big investors.A...

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Monetary policy: Interest on loans may increase

Monetary policy: Interest on loans may increase

Kathmandu. Nepal Rastra Bank has projected that the interest rate on loans may increase in the current fiscal year. As liquidity in the market is declining, interest rates are projected to rise.Governor of Nepal Rastra Bank Maha Prasad Adhikari made...

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Monetary policy 2078 : CD ratio 90 percent and CCD is out

Monetary policy 2078 : CD ratio 90 percent and CCD is out

Kathmandu. Nepal Rastra Bank (NRB) has removed the provision for capital loan deposit (CCD) ratio for banks and financial institutions. NRB is going to make such policy arrangement saying that more capital is needed in the economy.The monetary policy stipulates...

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SBI Bank wins 'Best Corporate Banking Solution Nepal Award'

SBI Bank wins 'Best Corporate Banking Solution Nepal Award'

Kathmandu. Nepal SBI Bank has received the 'Best Corporate Banking Solution Nepal Award 2021'. The award was presented to the bank by London-based Capital Finance International (CFI CO).The award is given annually by the CFI CO on the basis of...

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Monetary policy: Bumper 'offer' to banks and financial institutions for big merger

Monetary policy: Bumper 'offer' to banks and financial institutions for big merger

Kathmandu. Nepal Rastra Bank is going to provide nine different types of facilities to banks and financial institutions for merging.Monetary policy has encouraged banks and financial institutions to merge for sustainable and inclusive development of the financial sector and increase...

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