Kathmandu. In the first quarter of the current fiscal year 2083/84 (mid-Asar to mid-Asoj), Nepal Bank Limited has earned a net profit of Rs 832.187 million. This is an attractive increase of 41.45 percent compared to the same period of the previous fiscal year. In...
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Kathmandu. Machhapuchhre Bank's profit has increased by 31.87 percent in the first three months of the current fiscal year 2083/84. From Asad to mid-Asoj, the bank has earned a net profit of Rs 551 million. In the first three months of the last fiscal year...
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Kathmandu. Everest Bank has earned a net profit of Rs 1.25 billion 27 million in the first quarter of the current fiscal year 2083/84 (up to mid-August).This is an increase of 6.23 percent compared to the same period of the...
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Kathmandu. Sanima Bank has made public a very encouraging financial statement for the first quarter of the current fiscal year. According to the unaudited financial statement released by the bank, its net profit has seen unprecedented progress during the review period. The bank's net profit,...
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Kathmandu. 117 companies have applied to the Securities and Exchange Board of Nepal (SEBON) seeking approval for the issuance of ordinary shares (IPO). These companies have sought permission to issue 519 million shares worth a total of more than 71.42 billion rupees.
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Kathmandu. There are many books by various authors available in the market about the stock market. Also, in the current situation, a large number of films have been produced in the world with the stock market as the main topic. The common people can gain more...
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The Securities and Exchange Board of Nepal (SEBON) has implemented the Anti-Money Laundering and Financing of Terrorism Financing Directive, 2083. Following this directive, which was issued by the board and will be effective from Ashoj 30, 2083 various questions and doubts have been raised among...
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Kathmandu. The Nepal Can Move Pvt. Ltd. (NCM) case, which has reached court on charges of concealing transactions and evading revenue, has reached a new and more serious phase.The Revenue Investigation Department has filed a case alleging that there is...
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Kathmandu. The conflict in the Middle East is likely to have a serious impact on remittance-dependent economies like Nepal, according to a study by the Asian Development Bank. According to the latest report 'ADB Briefs 384' released by the Asian Development Bank (ADB), the conflict...
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Kathmandu. Nepal Rastra Bank is considering gradually reducing and eventually eliminating the check system. The central bank is taking this step after the number of check bounces (dishonor) received from banks and financial institutions has increased significantly. Nepal Rastra Bank (NRB) is aggressively promoting a...
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Banking fraud in Nepal has seen a significant rise in recent years, with over 13,000 cases registered in the 2023/24 fiscal year, often involving collusion between bank staff and borrowers. While top-tier commercial banks generally have stronger systems, several have been implicated in high-profile loan misuses,...
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Kathmandu. There has been a significant increase in share collateral loans (margin nature loans) disbursed by commercial banks in Nepal. According to the data up to mid-Magh of the current fiscal year, such loans have increased by 42.90 percent compared to the same period last...
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Kathmandu, World Bank approves $50 million to promote Nepal’s digital infrastructure and public services. The World Bank’s Board of Executive Directors has approved $50 million in support of Nepal’s digital public infrastructure and digital transformation of public services, which will fundamentally change the way services...
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Kathmandu. Nepal's capital market has seen dramatic and historic fluctuations this week. During the 4-day trading period from Falgun 25 to 28, 'political sentiment' seems to have had a full impact on the market. Amidst the results of the House of Representatives election and the...
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Kathmandu. A stock investor has submitted 100-point suggestions to the Securities and Exchange Board of Nepal (SEBON) for the reform and strengthening of Nepal's capital market. Investor Aditya Poudel has submitted suggestions demanding a phased reform of Nepal's capital market.
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