After the merger, the Bank's chairman Prithvi Bahadur Pandey, CEO Ashok Rana and Jyoti Pandey Deputy CEOKathmandu. Nepal Investment Bank and Himalayan Bank have started preparations for the merger. Both the banks are preparing to merge if they are satisfied with...
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Kathmandu. According to the new directive issued by Nepal Rastra Bank, it is not possible to take loan by pledging shares of some of the companies under discussion.Institutions that have been at a loss for three consecutive years, those that...
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Kathmandu. Nepal Rastra Bank (NRB) has issued a new directive to Class A, B and C banks and financial institutions not to give loan on share collateral to companies without a transaction value of at least 250 days.NRB has added...
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Kathmandu. Bhupendra Pandey has been appointed as the Acting Chief Executive Officer of Infrastructure Development Bank. After the end of the term of Chief Executive Officer Anil Gyawali, the Board of Directors of the bank has given the responsibility of Chief Executive Officer to Pandey...
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Kathmandu. The stock market index Nepse has corrected by 5.75 points on Tuesday. On this day, the index decreased by 5.75 points and reached 2061.41. The Sensitive Index also declined by 0.74 points to 387.42.A total of 97,055,547 shares of...
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Kathmandu. The Agriculture Development Bank has proposed a total dividend of 21.79 percent. A meeting of the Board of Directors of the bank held on December 13 has proposed to distribute 15 percent bonus share and zero point 79 percent cash dividend for tax purposes...
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Kathmandu. The Nepse index raised by 56.72 points to closed 2,067.17 points on Monday 14th November 2020. Similarly, the Sensitive Index has increased by 6.04 to 388.16. A total of 1,28,88,066 shares of 202 companies have been bought and sold at a price of Rs...
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Kathmandu. Prabhu Life Insurance Company will open IPO sale from Monday 14th November 2020 (2077 Mansir 29) . The company is about to open 6 million IPOs worth Rs 600 million. Out of the total allocation for the general public, 5...
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Kathmandu. On Sunday, the first day of the year, the Nepse index increased by 46.43 points and closed at 2010.45.On Sunday, the Nepse has fluctuated by 43 points. With more than 9 million shares traded, the turnover was Rs 4.89...
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Kathmandu. Nepal Rastra Bank is to sell treasury bills worth Rs 6.25 billion on Monday 14 Nov 2020. The Department of National Debt Management under Nepal Rastra Bank has stated that it is going to sell the treasury bill of Rs.
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Kathmandu. United Finance Company has announced that it will not pay dividend to the shareholders for the current financial year. There is growing interest in why the company, which has a relatively good financial statement, did not pay dividends to its shareholders.
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Kathmandu. The eleventh general meeting of Nepal Merchant Bankers Association has been concluded. The general assembly has formed a new working committee under the chairmanship of Mekh Bahadur Thapa.The committee has Vijay Lal Shrestha as vice-chairman, Paras Mani Dhakal as...
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Kathmandu. Now it is possible to apply for IPO from the 'My Share' mobile app. CDS & Clearing Limited (CDSC) has added the 'My ASBA' option to the app, which allows you to fill up shares.Initially, the app did not...
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Kathmandu. According to Nepal Rastra Bank, additional loan of around Rs. 20 billion has been issued by banks and financial institutions from December 6 to December 7 alone.At the time of the first quarterly monetary policy review on December 26,...
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There are half a dozen competitors to become the Deputy Governor of Nepal Rastra Bank. Both the posts of Deputy Governor of NRB will be vacant from March 3. It is seen that there will be competition between these six candidates for these two posts....
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