Kathmandu. Kumari Bank has increased its profit by 49.89 percent in the first quarter of the current fiscal year. The bank has earned a net profit of Rs 602.54 million during the period. The bank has increased its profit by 49.89 percent compared to the...
Read MoreThe bank has increased its net profit by Rs. 14.9 million in the same period of the current fiscal year as compared to the first quarter of the last fiscal year.The bank has managed to earn a net profit of...
Read MoreKathmandu. Of the 35 hydropower companies listed on the Nepal Stock Exchange (NEPSE), the share price of 16 companies was less than Rs 100 per share as of July 19. Investors who invest in hydropower companies have earned a decent income in three-and-a-half months.
Read MoreKathmandu. Bank of Kathmandu Limited and Himalayan Bank have won a lawsuit in a Chinese court over an advance and guarantee payment of an international contract.Bank of Kathmandu will get around Rs 900 million and Himalayan Bank will get back...
Read MoreKathmandu. On Thursday, the last trading day of the year, the Nepse index closed down 4.47 points. The share transaction amount has increased. Shares worth more than Rs 2.84 billion have been traded.A total of 91,23,896 shares of 200 companies...
Read MoreKathmandu. NRB has made it mandatory for commercial banks to issue bonds of 25 percent of the capital and various commercial banks have applied to the Nepal Securities Board to issue bonds worth Rs 8.60 billion. Due to the policy provision of the National Bank,...
Read MoreKathmandu. Prime Commercial Bank has earned a profit of Rs 1.17 billion in the first quarter of the current fiscal year 2077-07. This is an increase of 54.24 percent over the same period last year.Prime has significantly improved its profits...
Read MoreKathmandu: Half a dozen microfinance companies listed in Nepse have made public their financial statements for the first quarter of the current fiscal year. Of the six companies that have made their financial statements public, RMDC Microfinance is the strongest. Currently, there are 52 microfinance...
Read MoreKathmandu. Nepal Rastra Bank has increased the deposit amount of money changer companies. The central bank has made such arrangement by implementing 'Nepal Rastra Bank Moneychanger License and Inspection Regulations, 2077 BS'.The NRB has informed that the new regulations have...
Read MoreKathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has expressed the view that 'digital common currency' should be introduced in SAARC countries.The proposal was made by Governor Adhikari, who attended the 40th SAARC Finance Virtual Group Meeting for 2020...
Read MoreInvestors are currently paying 0.4 to 0.6 percent commission. They are demanding 0.25 percent reduction.Investors are demanding reduction of broker commission saying that broker commission has not decreased even when the second trading of the share market is fully online.
Read MoreKathmandu. The Insurance Committee has directed the insurance companies to settle the Corona insurance claim within seven days. The committee has issued a circular to all non-life insurance companies directing them to pay their Corona insurance claims within seven days.The Insurance Committee has given such instructions...
Read MoreKathmandu. About Rs. 72 billion has been applied for refinancing provided by NRB to banks and financial institutions. Banks and financial institutions had collected applications from September 1 to mid-October. During the same period, 44 banks and financial institutions applied for loans worth Rs 72...
Read MoreKathmandu. Sanima General Insurance's IPO was listed on the Nepal Stock Exchange (NEPSE) on Tuesday. According to Nepse, 10 million ordinary shares (IPO) of the company have been listed.Nepse has provided a minimum trading range of Rs 103.73 to a...
Read MoreThe market, which opened at 1,636.20 points on Tuesday, closed at 1,643.03 points.A total of 77,057,353 shares of 198 companies were traded 29,606 times on Tuesday.Nepal Telecom Company has the largest share in the total...
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