Category/exclusive-news (Total Articles : 2499 )
Nepse index reaches 2600, share turnover of Rs 10 billion
Kathmandu: The Nepse index crossed 2600 points on Tuesday. The index increased by 15.50 points and stopped at 2601.51 points. Similarly, the Sensitive Index also increased by 4.09 points and stopped at 473.53 points.A total of 1,77,32,765 shares of 208...
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IPO of women Mcrofinance are Oversubscribed, 60 times more than Applications
Kathmandu. The IPO of Mahila Microfinance Financial Institution Limited has received about 60 times more applications than the demand till Tuesday. As per the information given by CDS and Clearing Limited, 1,444,588 applicants have applied for 2,24,82,720 lots till 5 pm on Tuesday. Which is...
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Nepal Reinsurance reinsures Covid Insurance with a foreign company
Kathmandu. The company has reinsured Corona Insurance with Nepal Reinsurance. Damodar Bhandari, deputy general manager and spokesperson of Nepal Reinsurance, said that the company has reinsured the new policy of Corona Insurance. The reinsurance after the arrival of the new product...
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Mahalaxmi Life Insurance will Issue IPO of Rs 600 million
Kathmandu. The third annual general meeting of Mahalakshmi Life Insurance Limited has been held in Kathmandu. The general meeting held today has decided to issue 600 million shares allocated for the public.Ramesh Kumar Bhattarai, Chief Executive Officer of the company,...
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Green Life Hydropower IPO will be distributed on Friday
Kathmandu. Pre-allotment of Green Life Hydropower Limited and preparation for the final distribution 19 th February on Friday.The company's IPO has received 1.337 million 942 applications. A total of 239.76 million 600 lots have been purchased from these applicants. Which is...
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18 Insurance companies of Nepal business is Rs 46 billion
As of mid-January of the current fiscal year, 18 life insurance companies have collected net insurance premium of Rs 55.75 billion. The premium earned by insurance companies is 37.5 percent higher than the same period last year. 40.55 billion in the corresponding period of the...
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Nepse index rises by 92.42 points and closed at 2586.01 points
Kathmandu. On Monday, the second trading day of the year, the stock market index Nepse is green. The Nepse index has risen by 92.42 points to 2586.01 points and the turnover has been more than Rs 10 billion.The overall Nepse...
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Rajaram Khadka appointed as expert director of NCC Bank
Kathmandu. Rajaram Khadka has been appointed as the Expert Director of Nepal Credit and Commerce (NCC) Bank. On Sunday, the bank's board of directors decided to appoint Khadka as an expert director for four years.Khadka is known as a successful...
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Dr. Binod Atreya appointed of Prudential Insurance's expert Director
Kathmandu. Prudential Insurance Company's expert director Dr. Binod Atreya has been appointed. The meeting of the Board of Directors of the company Dr. Atreya has been appointed as an expert director.Along with this, the newly appointed director Dr. Atreya will...
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Dipesh Lamsal is the CEO of Mahalaxmi Development Bank
Kathmandu. Dipesh Lamsal has been appointed as the acting Chief Executive Officer (CEO) of Mahalakshmi Development Bank.A meeting of the Board of Directors of the bank, Lamsal promoted Deputy Chief Executive Officer of the company, to the post...
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Refinance to hydropower projects of less than 10 MW capacity By NRB review Monetary Policy
Kathmandu. Nepal Rastra Bank has stated that it will give special refinancing to projects with a capacity of less than 10 MW.Reviewing the monetary policy for the current fiscal year 2077/07, Governor Maha Prasad Adhikari said that hydropower projects with...
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Nepse corrected by 33 points and stopped at 2493 points, Around 7 billion share turnover
Kathmandu. On Sunday, the first trading day of the year, the Nepse index dropped 33.33 points and closed at 2493.59 points. Today's market opened at 2536.47 points and fell to 2537 points.A total of 16,058,458 shares worth Rs 8.41 billion...
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Nepal Rastra Bank Review Half Yearly Monetary Policy : Special refinancing of hydropower projects
Nepal Rastra Bank has made public the half-yearly review of monetary policy. The review has been made public by making general changes in the previous system.NRB has added the facility of rescheduling loans. The NRB has said that the industry...
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Nepal Rastra Bank Review the Monetary policy : The borrower will be able to reschedule and restructure the loan by mid-July 2021
Kathmandu. Entrepreneurs affected by Covid will be able to reschedule and restructure their loans by mid-July 2078 BS.NRB has made arrangements for rescheduling and restructuring of loans by mid-July through review of monetary policy. However, the borrower has to pay...
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Deposits in banks and financial institutions increased by 9.2 percent
Kathmandu. Deposits in banks and financial institutions increased by 9.2 percent in the first six months of the current fiscal year. Such deposits had increased by 6.2 percent in the corresponding period of the previous year.On a year-on-year basis, deposits with banks...
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