Kathmandu. Nabil Bank Limited and Nepal Bangladesh Bank Limited are going to start integrated business from July 11 after completing the acquisition process. Nabil Bank said in a statement on Monday that it was about to start integrated business. Nepal Rastra Bank had received final...
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Kathmandu. The paid up capital of share broker companies will be increased by 10 times. The Nepal Stock Exchange (NEPSE) is preparing to increase the paid-up capital of 50 broker companies. The Nepal Securities Board (NSB) had amended the Securities Brokers, Securities Traders and...
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Kathmandu. Trading in shares of 88 companies listed on the Nepal Stock Exchange (NEPSE) has been suspended. Nepse has decided to stop the share trading of 88 companies including banks and financial institutions, insurance companies and hydro power companies that do not submit their financial...
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Kathmandu: The widespread liquidity crunch in the bank is likely to ease somewhat. The savings ratio (CD ratio) that banks have to manage has also come down to 90 now. The bank's index has been above 90 for the past few months. 90 is the...
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Kathmandu: Upper Solu Hydro Electric Company Limited is going to issue primary shares from July 4. The company is about to issue an IPO to the public. The company is going to issue 1,957,500 ordinary shares at the face value of Rs 100.57 million. Out...
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Kathmandu: The AON provision in both buying and selling has been removed from Nepse since July 4. Although this provision is in the interest of small investors, many have complained that big investors have misused this method to manipulate the market.
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Kathmandu: The widespread liquidity crunch in the bank is likely to ease somewhat. The savings ratio (CD ratio) that banks have to manage has also come down to below 90 now. The bank's index has been above 90 for the past few months. 90 is...
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Kathmandu. Operators of banks and financial institutions have taken pressure to intervene in monetary policy through monetary policy for the coming fiscal year. The delegation led by Pawan Kumar Golyan, chairman of the Confederation of Banks and Financial Institutions Nepal (CBIFIN), made the request during...
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Kathmandu. The number of borrowers who are unable to repay loans taken from banks and financial institutions is increasing. According to the Credit Information Center, 897 companies, including six cooperatives, have been blacklisted from July 1 to July 3 of the current fiscal year.
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Kathmandu. Nepal Bangladesh Bank and Nabil Bank Limited have received final approval for integrated transactions. Nepal Rastra Bank (NRB) on Wednesday gave final approval to the two banks for integrated transactions. Executive Director of the Supervision Department of Banks and Financial Institutions of Nepal Rastra...
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Kathmandu. Barun Hydropower Company Limited has received approval to issue right shares. The Nepal Securities Board (NSB) has given approval for the rightful eviction of Hydropower in the ratio of 1: 1 on Wednesday. The company will issue 26.78 million shares at a face value...
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Kathmandu. National Hydropower Company Limited (NHPC) is going to issue right shares to raise investment for two hydropower projects under construction. NHPC has applied to the Electricity Regulatory Commission for the approval of right share issue worth Rs. 820 million. NHPC is preparing to go...
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Kathmandu: The share market also looked sluggish on Tuesday. On this day, the Nepse index has decreased by 11.82 points and reached 1921.31 points. Shares worth more than Rs 1 billion have been traded. Earlier, the market had improved for two days after the index...
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Kathmandu. Commercial banks are expected to make a provision of Rs 50 billion in the fourth quarter of the current fiscal year. Banks that made a provision of Rs 54.5 billion in the third quarter of the current fiscal year will have to make the...
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Kathmandu. Commercial banks are in the throes of a merger. Merger has started in the banks after the Nepal Rastra Bank (NRB) said that it will provide tax exemption and other benefits only to those who have signed a MoU with the commercial banks within...
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