Category/exclusive-news (Total Articles : 2586 )
48.27 billion investment of life insurance companies in shares and bonds
As per the information given by the Insurance Committee, the regulatory body of the insurance sector, 18 existing life insurance companies have invested Rs 48.27 billion in ordinary shares of listed public companies and preference shares and bonds of banks and financial institutions.
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ATM card without withdraw money from a Civil Bank ATM
Kathmandu. Moving forward with the slogan "Civil Bank for Prosperity", Civil Bank has introduced the technology of withdrawing money from ATMs without the use of ATM cards. To avail this, the customers of Civil Bank will be able to withdraw money easily without using any...
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Why billions lost of Nepal Telecom Investors in one day
Kathmandu. Nepal Telecom, which has the highest market capitalization in the secondary market, has a market capitalization of Rs. 10.95 billion during the review period.The market has declined three days in four trading days this week. Even though the market...
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Oriental Insurance earned Rs 7.5 million profit
Kathmandu. Oriental Insurance has raised Rs. It has made a net profit of Rs. 71.54 million. The company has released its financial statements for the second quarter on March 27. According to the report, the company's profit has decreased by 97.53 percent this year as...
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Microfinance of Nepal Strictly circular to open New branches
Kathmandu. Nepal Rastra Bank has tightened the establishment of branches of microfinance financial institutions. According to the new arrangement, the NRB has made an arrangement through a circular on Sunday that the MFI should have two branches in Mofasal before opening a branch in Kathmandu...
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Commercial bank of Nepal 27 billion loan expansion in seven days
Kathmandu. Lately, commercial banks have been extending loans at the rate of around Rs 4 billion daily. Banks have invested a total of Rs 27 billion in loans during the period from March 22 to March 30. According to the Nepal Bakers Association, Rs 18...
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Sunrise Capital in IPO Sales Manager of Molung Hydropower
Kathmandu. Molung Hydropower Company Limited has appointed Sunrise Capital Limited as the manager of issuance and sale of ordinary shares (IPO). The company reached an agreement with Sunrise Capital on Tuesday to issue and sell an IPO.The company is going...
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Jyoti Life insurance IPO coming from Falgun 21
Kathmandu. The issuance of ordinary shares (IPO) of Jyoti Life Insurance Company has been postponed. Now, the IPO of this company will be launched on 21 Falgun 2077 (March 5 (Friday).According to IPO issuance and sales manager NMB Capital Limited,...
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NEPSE has declined by 59.70 points to closed at 2,455.33
Kathmandu. The Nepal Stock Exchange (NEPSE) has declined sharply on the third day of the week (Tuesday). On Monday, the NEPSE index had risen by 40.54 points to 2,515.03 points.According to Nepse, the index fell by 59.70 points to 2,455.33...
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Citizens Bank Deputy CEO Devkota resigns
Kathmandu. Deputy CEO of Citizens Bank Limited Bodhraj Devkota has resigned from the post. Devkota has resigned with effect from March 20. He further added that he had resigned from the post due to personal reasons. He was appointed as the Deputy CEO of the...
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Mega Bank's QR code facility in Safa Tempo
Kathmandu. Mega Bank Nepal Limited has made arrangements to pay the passengers from Tempo through QR code.Mega Bank has made an arrangement to pay the amount from Qua Record at Tempo operated in different parts of the country including Kathmandu...
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The stock market raised by 40.64 points
Kathmandu. The stock market, which had declined 3.12 percent on the first trading day of the year, rose 1.64 percent on Monday. The NEPSE index, which stood at 2488.33 points at the start of trading, remained at 40.64. The number has increased to 2515.03 points.
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Manjushree Finance bonus shares listed on the NEPSE
Kathmandu. Manjushree Finance has 18 percent bonus shares listed on the Nepal Stock Exchange (NEPSE). The company listed 1,472,636.2746 bonus shares on Monday.The shares, which will be eligible for trading from Tuesday, will be traded by the shareholders only after...
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The World Bank supporting Rs 3 billion for Covid vaccination and health services
Kathmandu. The World Bank will provide Rs 2.92 billion (25 million US dollars) for other health services to help Nepal purchase the Novel Corona Virus (Covid-19) vaccine. Dr. Ram Prasad Ghimire, spokesperson of the Ministry of Finance, said that the bank is going to provide...
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Shikhar Insurance going to issue 30 percent right shares
Kathmandu. Shikhar Insurance is going to issue right shares again. After distributing 27.769 percent bonus shares from the profit of the fiscal year 2076/77, Shikhar Insurance will issue 52.68 million shares equal to Rs. 526.8 million, which will be 30 percent of the paid up...
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