Category/exclusive-news (Total Articles : 2595 )
Jyoti Life Insurance issuing Rs 660 million Value IPO
Kathmandu. Jyoti Life Insurance has been allowed to issue ordinary shares (IPO) worth Rs 660 million. The Securities and Exchange Board of India (SEBI) has allowed the company to issue 6.6 million IPOs worth Rs 660 million, which is 30 percent of the total issued...
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9 companies share price as circuit level on Sunday Investors became rich
Kathmandu. On the first day of the week (Sunday) of the Nepal Stock Exchange (NEPSE), the NEPSE index rose by 3.66 points to 2640.34 points with a turnover of Rs 8.83 billion.Of the 12 groups that traded, five declined and...
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Civil Bank 10 th AGM concluded, 8.42 percent dividend passed
Kathmandu. The tenth annual general meeting of Civil Bank Limited has been concluded on Sunday. As proposed by the Board of Directors at the general meeting, bonus shares equal to Rs. It has also unanimously approved the distribution of cash cash dividends.
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Nepal Infrastructure (NIFRA) shares selling up to 50,000 lots in Nepse
Kathmandu. Mutual funds and institutional investors have started selling shares of Nepal Infrastructure Bank (NEFRA). As soon as the market price reaches 600, such investors have started selling their shares.Mutual funds acquire a large number of shares in the IPO...
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How to process for Backlisting in Bank and Finance
After the borrower has not paid the principal interest on the loan for one year, the bank can go for auction. Most of the banks and financial institutions have a loan agreement with the borrower for 3/3 months.Generally, a borrower...
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Sunrise Bank customers will get cash back offer to buy Manakamana cable car tickets
Kathmandu. Sunrise Bank customers will get cash back when they buy Manakamana cable car tickets. The bank has come up with a plan to give cash back when buying Manakamana cable car tickets using its mobile banking Sunrise Smart.Under this...
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Why CITI Bank sent one trillion rupees to the public account
Kathmandu. CITI Bank of America has mistakenly sent 900 million US dollars or 105 billion Nepali rupees to the public account.The bank was to send ब्याज 8 million (Rs. 930 million) in interest to the accounts of the lenders. However,...
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New record on NEPSE reached 2636.68 points
Kathmandu. The stock market index Nepse closed higher on Thursday, the last trading day of the year. Nepse has increased by 25.23 points and reached 2636.68 points. This is the highest point so far. The Sensitive Index also rose by 6.77 points to 481.78.
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Credit flow increased of banks and financial institutions on real estate collateral
Kathmandu. Loans from banks and financial institutions have increased in the first half of the current fiscal year. In the first six months of the current fiscal year, 66.3 percent of the loans of banks and financial institutions were mortgaged, according to the Nepal Rastra...
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Garima Development Bank launched 'Garima Easy Auto Loan' and my share savings account
Kathmandu. Garima Development Bank Limited has made public 'Garima Easy Auto Loan'. The bank has announced 'Easy Auto Loan with Garima' at a minimum annual interest rate of 8.75 percent.Under this facility, the bank will disburse loan up to 80...
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Madu Marasini is the Acting Chairman of Nepal Bank
Kathmandu. Madhu Marasini has been given the responsibility of the Chairman of Nepal Bank Limited. The Ministry of Finance has given the responsibility of Nepal Bank to the Comptroller and Auditor General Marasini.Basudev Adhikari, who was the chairman of Nepal...
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Infrastructure company to bring 1.2 million NRNs to Nepali capital market
The Government of Nepal has been making various efforts to bring in foreign investment for the development of Nepal's infrastructure. To facilitate foreign investment, the government has made loose provision in the law on foreign investment. Not only that, it has been taking initiative to...
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Nepal Infrastructure Bank Listed in Billionaire Club
Kathmandu. The market capitalization of Nepal Infrastructure Bank has exceeded one trillion. On Thursday, Nifra's market capitalization reached Rs 199.20 billion. At the same time, Nifra has set a historical record by entering the billionaire club the fastest.According to Nepse,...
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Kumari Bank provide to Thamel tourism entrepreneurs without collateral loan
Kathmandu. Kumari Bank Limited has targeted the tourism entrepreneurs of Thamel under the 'Covid-19 Affected Thamel Tourism Business Revival Loan' scheme. Under the scheme, the bank will provide collective loans to businesses that have been profitable for two consecutive years before the Kovid epidemic.
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MahaLaxmi Development Bank Financial assistance to Bal sarathi Academy
Kathmandu. Mahalakshmi Vikas Bank Ltd. 8. A financial assistance of Rs. 500,000 has been provided to the child charioteer in Jayabageshwari for the construction of the school building.Dipanjali Khakurel, head of the market management department of the bank, handed over...
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