Category/exclusive-news (Total Articles : 2499 )
Reinsurance with13 companies of share loan ineligible for collateral
The recent directive of Nepal Rastra Bank has made the shares of companies listed in the secondary market, including Nepal Reinsurance Company, ineligible for banking collateral.NRB on Wednesday amended the Unified Directive and made new arrangements for loans taken on...
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Nepse fell down 22.70 points, Rs 6.76 billion more turnover
Kathmandu. The stock market index fell by 22.70 points on Thursday. The stock market, which had declined by 6.20 points on the previous day, fell by 1.10 percent on Thursday and reached 2032.51 points.Shares of 195 companies traded on Thursday....
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Himalayan Bank has not decision on the merger, But formed a committee for the merger
Kathmandu. The Board of Directors of Bank Himalayan Bank Limited has formed a committee for merger and acquisition. A merger / acquisition sub-committee has been formed under the coordination of bank director Sunil Bahadur Thapa. The sub-committee was formed by the bank following the policy...
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Big Merger Himalayan and Nepal Investment Bank, Swap Ratio 1: 1
After the merger, the Bank's chairman Prithvi Bahadur Pandey, CEO Ashok Rana and Jyoti Pandey Deputy CEOKathmandu. Nepal Investment Bank and Himalayan Bank have started preparations for the merger. Both the banks are preparing to merge if they are satisfied with...
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NRB strike to share loan, Share collateral loan can't Available of Reinsurance company including other company
Kathmandu. According to the new directive issued by Nepal Rastra Bank, it is not possible to take loan by pledging shares of some of the companies under discussion.Institutions that have been at a loss for three consecutive years, those that...
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NRB strike to share collateral loan, The limit of share-based loans no change
Kathmandu. Nepal Rastra Bank (NRB) has issued a new directive to Class A, B and C banks and financial institutions not to give loan on share collateral to companies without a transaction value of at least 250 days.NRB has added...
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Bhupendra Pandey Executive Chief of Infrastructure Development Bank
Kathmandu. Bhupendra Pandey has been appointed as the Acting Chief Executive Officer of Infrastructure Development Bank. After the end of the term of Chief Executive Officer Anil Gyawali, the Board of Directors of the bank has given the responsibility of Chief Executive Officer to Pandey...
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5.75 point correction in the stock market, more than 6 billion turnover
Kathmandu. The stock market index Nepse has corrected by 5.75 points on Tuesday. On this day, the index decreased by 5.75 points and reached 2061.41. The Sensitive Index also declined by 0.74 points to 387.42.A total of 97,055,547 shares of...
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Agriculture Development Bank announces 21.79 percent dividend
Kathmandu. The Agriculture Development Bank has proposed a total dividend of 21.79 percent. A meeting of the Board of Directors of the bank held on December 13 has proposed to distribute 15 percent bonus share and zero point 79 percent cash dividend for tax purposes...
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NEPSE raised 56.72 points and Rs 7.20 billion trading, Nepal Life Insurance Company highest turnover
Kathmandu. The Nepse index raised by 56.72 points to closed 2,067.17 points on Monday 14th November 2020. Similarly, the Sensitive Index has increased by 6.04 to 388.16. A total of 1,28,88,066 shares of 202 companies have been bought and sold at a price of Rs...
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Prabhu Life Insurance's IPO can be filled up to 5,000 Units
Kathmandu. Prabhu Life Insurance Company will open IPO sale from Monday 14th November 2020 (2077 Mansir 29) . The company is about to open 6 million IPOs worth Rs 600 million. Out of the total allocation for the general public, 5...
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Nepse up 46.43 points, Highest turn over NLIC, 4.84 percent declined Upper Tamakoshi
Kathmandu. On Sunday, the first day of the year, the Nepse index increased by 46.43 points and closed at 2010.45.On Sunday, the Nepse has fluctuated by 43 points. With more than 9 million shares traded, the turnover was Rs 4.89...
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NRB issuing Rs 6 billion treasury bill on Monday
Kathmandu. Nepal Rastra Bank is to sell treasury bills worth Rs 6.25 billion on Monday 14 Nov 2020. The Department of National Debt Management under Nepal Rastra Bank has stated that it is going to sell the treasury bill of Rs.
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Why didn't United Finance distribute dividends this year 2076/077 ?
Kathmandu. United Finance Company has announced that it will not pay dividend to the shareholders for the current financial year. There is growing interest in why the company, which has a relatively good financial statement, did not pay dividends to its shareholders.
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Mekh Thapa is the president of Nepal Merchant Bankers Association
Kathmandu. The eleventh general meeting of Nepal Merchant Bankers Association has been concluded. The general assembly has formed a new working committee under the chairmanship of Mekh Bahadur Thapa.The committee has Vijay Lal Shrestha as vice-chairman, Paras Mani Dhakal as...
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