Category/exclusive-news (Total Articles : 2586 )
Ngadi Group Power to issue 150 percent Right Shares
Kathmandu. Ngadi Group Power Limited has received permission from the regulatory body Nepal Securities Board (Cebon) to issue 150 percent of its shares. The company has received approval from Cebon on July 26 to issue the right shares. The company currently maintains a paid-up...
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Himalayan Capital organized Entrepreneurship promotion training program
Kathmandu. Himalayan Capital Limited has been conducting various programs for the development of entrepreneurship since its inception. In fulfillment of its social responsibility, Himalayan Capital Limited has conducted a one-day Entrepreneurship Promotion Training Program for the members of Women Lead. At the event, senior Capital...
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Nepal Reinsurance Company declares dividend
Kathmandu. Nepal Reinsurance Company has declared a dividend. A meeting of the company's board of directors held on Sunday proposed a 5 percent bonus of the existing paid-up capital and 0.2632 percent cash for tax purposes and a total dividend of 5.2632 percent.
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Sarbottam Cement IPO price at Rs. 627 per unit
The sales managers and assistant sales managers have concluded that the price of the IPO of the best cement is just Rs 627.06 per unit. Sales managers Global IME Capital and co-sales managers NIBL S Capital and Prabhu Capital have concluded that the valuation price...
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Deposit Doubled Dhamaka and Loan up to 90 percent in Jyoti Bikas Bank
Kathmandu. Jyoti Development Bank has unveiled the 'Jyoti Double Deposit' Muddati Yojana. Under the scheme, the customer receives twice the amount deposited in 5 years and 11 months. The account can be opened by depositing a minimum of Rs 10,000 in this Muddati account which...
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Lack of liquidity (investment capital) is more challenging for banks
Kathmandu. Banks, which have been suffering from a lack of liquidity (investable capital) for a long time, are expected to face more challenges in the coming days. Due to the lack of increase in deposits in the banks and the need for the banks to...
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NMB Bank Introduces Double Return Plan
Kathmandu. NMB Bank has unveiled a new plan for its individual customers. The bank has unveiled an attractive term plan "NMB Double Term" and "NMB Janmabhoomi Double Term". Under the "NMB Double Term Scheme", when a customer opens a term deposit account with a...
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25 companies in pipeline for Issuing IPO issue, Almost hydropower companies
Kathmandu. Various 25 companies are awaiting approval from the Nepal Securities Board (NSB) for IPO issuance. According to Cebon, the waiting companies have applied for approval to sell shares worth Rs 5.16 billion.Companies in the pipeline for the IPO include...
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Kumari Bank and Laxmi Bank Preparation for Merger Swap Ratio is 100:100
Kathmandu. Discussions on merger between Kumari and Laxmi Bank have intensified. It is said that the merger is being discussed between Laxmi Bank and Kumari Bank to finalize the merger within a few days. The name and swap ratio are currently being discussed. Laxmi and...
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Global and BOK Bank Merger MOU Sign after 6 banks are also preparing to Big Merger
Kathmandu. Nepal Rastra Bank (NRB) has directed to go for merger by mid-July. Governor of Nepal Rastra Bank Maha Prasad Adhikari has instructed the chairpersons and operators of commercial banks to start the process for merger within this month. The banks are engaged in internal...
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Economy is recovering, Now the share market is gaining momentum: Janardan Sharma
Kathmandu .The budget for the coming fiscal year has set a clear blueprint to give a new direction to the country's economy. For the first time, the government has given top priority to agriculture. It aims to reduce imports by 30 percent and increase exports....
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Master's degree will not be allowed to become an insurance Board of Director
Kathmandu. People who are rich but do not have a degree in higher education from the university will not be allowed to become the director or chairman of the insurance company. This provision will come into force after the new Insurance Act comes into force....
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Global IME BOK Bank becoming the largest bank in Nepal
Merger agreement on an equal BasicsKathmandu. Global IME Bank and Bank of Kathmandu are about to merge. An agreement was reached between the two banks at Yak & Yati Hotel on Thursday morning. As soon as the merger agreement is signed today, trading...
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Dorzen of Commercial banks started to finalize the Big Merger process: Global IME and Nabil Bank will be the first One
There is a wave of bank mergers in Nepal's financial sector. Banks are being forced to merge due to increasing competition and increasing business conditions. On top of that, government policy and pressure from the Nepal Rastra Bank have forced the banks to merge. Last...
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Big Merger Preparation Himalayan Bank to CIVIL Bank
Kathmandu. Himalayan Bank, which broke the merger with Nepal Investment Bank, has also started discussions with some banks for the merger. Himalayan Bank is in talks with Civil and Century for a merger. Himalayan Bank is under pressure to enter into a merger agreement with...
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