Category/exclusive-news (Total Articles : 2499 )
Three Banks with 26 financial companies declared Dividend
26 organizations have already declared dividends. The number of banks offering dividends has reached three so far. There are Machhapuchche, Bank of Kathmandu and Sanima Bank.There are five microfinance and the rest are mutual funds. Similar manufacturing companies have also...
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Commercial bank's profits increased 112%, Global IME Bank the biggest gainer
Commercial banks have made a net profit of Rs. 12.21 billion in the second month of the current fiscal year. The profit of 27 commercial banks operating in the first month of the current fiscal year is Rs. 6.46 billion more than in July.
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Nepal Investment Bank's Acquire to Citi Express Finance 100 per 30 ratio
The general meeting of Nepal Investment Bank has passed the decision to acquire Citi Express Finance Company.The bank has conducted the meeting through virtual medium. From this special general meeting, Citi Express Finance Company has been receiving the share value...
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Shivam Cement to distribute 24.21 percent cash dividend
Shivam Cement is going to distribute 24.21 percent cash dividend to the shareholders from the profits of the last fiscal year 2076/077.A meeting of the company's board of directors held yesterday proposed to distribute the cash dividend. This proposal will...
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What is a mutual fund? Investors should know these things
A mutual fund is a company that invests in a variety of sectors and companies, including small and low-risk investors in a large portfolio. A mutual fund is a collective investment fund. Every investor who invests here becomes a member of a group of companies....
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Sanima General Insurance's IPO Result out, Lucky 273,000 people got 10 lots share.
Kathmandu. The result of IPO allotment of Sanima General Insurance has been made public.Of those who applied, 591,000 have lost their hands and 273,000 have received 10 lots of shares.IPO Results The results of the...
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Reinsurance company Share Price increased by 500 percent in two months
100 million shares of Nepal Reinsurance Company were listed on May 11. After that, share trading started on July 30. On the first day of trading, it fell by 10 points to Rs 382 in 40 minutes.The company had opened...
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Corona causes 280 trillion damage to global economy
This year's production figures are reminiscent of the Great Depression of the 1930s, according to the International Monetary Fund. The world is at risk of widespread low investment, trade and employment, the fund said.Gita Gopinath, an economist at the fund,...
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Corona with 5,000 employees in Banks and Finance companies, dozens of branches closed
Kathmandu. Banks, financial institutions and insurance companies in the capital Kathmandu have been terrorized due to the corona virus infection. Dozens of branch offices of various banks have been closed due to the spread of corona virus. Similarly, many branch offices of insurance companies have...
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Dashain's new note taken from your account and ATM
Kathmandu. Due to the risk of Kovid-19 infection, Nepal Rastra Bank has decided not to exchange ten new notes this time. In previous years, NRB had been making arrangements to exchange new notes through its offices as well as various banks. The common people sat...
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Rs 616 market price of insurance's company six lakhs units shares only for Rs 100
Kathmandu. Gurans Life Insurance has opened sale of around 600,000 unsold shares through auction.Out of the 93,85,200 shares issued by the company from July 29 to July 30, 590,014 shares are about to be sold at auction.
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21 Commercial bank's Net profit declined, 6 banks profits increase
As per the fourth quarter financial statements of the last fiscal year 2076/77 published by the commercial banks, the net profit of the banks has decreased by 78 percent.Last fiscal year, the net profit of 21 out of 27 banks...
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Nepal's economic growth is only 1.5 percent
Kathmandu. The Asian Development Bank (ADB) estimates that Nepal's economic growth will be only 1.5 percent a year.The government had projected an average economic growth rate of 7 percent this year.The ADB had projected economic...
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Increased liquidity in banks, 6 trillion deposits and invested only Rs 19 billion
Kathmandu. Banks have invested Rs 19 billion during the recent lock-down time.According to the Nepal Bankers Association, the banks have invested Rs. 28.78 trillion in loans till the end of July, but the investment has increased to Rs. Loans of...
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Monetary Policy 2077/78 : “Big merger” was not the concern
Kathmandu. Nepal Rastra Bank has made public the monetary policy for the current Fiscal Year 2077/07.
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