Category/exclusive-news (Total Articles : 2595 )
Banks brought cheap loans offer : The latest interest rate of commercial banks of Nepal
Kathmandu. The main source of income for banks and financial institutions is to collect deposits at low interest rates and provide loans at high interest rates and earn profit from the interest amount in between. According to the instructions of the National Bank, the difference...
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Foreign exchange reserves improvement with Import of 10 items was banned
Kathmandu. With the ban on luxury goods, foreign exchange reserves have improved. . According to the report of the financial year 2078/79, the level of foreign reserves increased in the month of June. According to the report of the National Bank of India, foreign exchange...
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NRB pressure to go for merger or acquisition of three commercial banks of Nepal
Kathmandu. Nepal Rastra Bank has given a 'dateline' till the end of December to three commercial banks which have weak financial ground and have not been able to achieve stability. On 26 July, the National Bank had called the owners and managers of some other...
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How Much interest rates declined in commercial banks of Nepal ?
Kathmandu. Nepal Bankers Association (NBA), the umbrella organization of chief executive officers of commercial banks, has decided to reduce the interest rate of institutional depositors. The union meeting held on Monday decided to reduce the interest rate of institutional depositors.Anil...
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Narayani Development Bank issuing 100 percent right shares
Kathmandu. Narayani Development Bank Limited has started the process of issuing 100% equity shares. The company has completed the process of appointing a sales manager for the issuance of 100 percent equity shares. On Monday, the contract for the appointment of sales manager was signed...
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10 Reinsurance broker companies got licenses from Insurance Committee
Kathmandu. The insurance committee has distributed licenses to 10 reinsurance broker companies. More than a dozen companies had applied to the committee demanding the license of reinsurance brokers. Rajuraman Paudel, executive director of the insurance committee, said that the committee has given licenses to 10...
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118th branch expansion of Everest Bank at Toukhel, Lalitpur
Kathmandu. Everest Bank Limited has inaugurated its 118th branch at Toukhel in Lalitpur. Godavari Municipality Mayor Gajendra Maharjan and Everest Bank Chief Executive Officer Sudesh Khaling jointly inaugurated the Toukhel branch in the program.In the opening ceremony, President of Lalitpur...
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Total life insurance premium increased by 52.09 percent
Kathmandu. In the last financial year, the total life insurance has increased by 52.09 percent. According to the statistics of the insurance committee, the number of insurance policies increased by 44 lakh 86 thousand 782 from the end of June last year to the end...
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Indian share king', Rakesh Jhunjhunwala passed away in 62 years
Kathmandu. Rakesh Jhunjhunwala, the investor who was nicknamed 'Badshah' in the Indian stock market, has passed away. He passed away at the age of 62 at Breach Candy Hospital in Mumbai this morning. Jhunjhunwala also has shares in private companies like Star Health Insurance, Metro...
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Commercial bank shares cheap in stock market, less than 15 times average PE
Kathmandu. The average price earning ratio (PE ratio) of commercial banks is less than 15 times. Based on the earnings per share of the last financial year published by the banks and the price on Thursday, the price earnings ratio of most of the commercial...
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Nepal Life Insurance's net insurance premium increased by 9 percentage
Kathmandu. Nepal Life Insurance (NLIC) has published unrefined financial statements for the fourth quarter of last financial year. According to the details, the insurance has suffered a loss during that period. During that period, insurance has incurred a loss of Rs 35 crore 27 lakh....
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Company Analysis of United Modi Hydropower Limited
Kathmandu. The share price of United Modi Hydropower Limited (UMHL) has decreased by Rs 23 10 paise this week. The shares of this company, which last traded at 313 rupees last week, were last traded at 289 rupees 90 paisa this week. According to...
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Riddi shares listed on NEPSE after merger between Riddi and Rairang Hydropower: Opening range is Rs 708 and 60 paisa
Kathmandu. Shares of Riddy Power Company Limited (RIDI) are listed on Nepal Stock Exchange (NEPSE). After the merger between Savik's Reddy Hydropower Development Company and Rairang Hydropower Development Company, the remaining shares have been listed in NEPSE.1 crore 10 lakh...
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Why Share trading will be suspended for 15 days ?
Kathmandu. The Nepal Securities Board has now prepared a draft of the guidelines to stop the share trading of companies going for merger and acquisition for 15 days only.The Securities Board is preparing the draft of Share Trading Guideline 1079...
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15 days suspension of share trading of banks and financial institution for merger acquisition
Kathmandu. The Securities Board has published a draft of the guidelines that will suspend the share trading of companies going for mergers and acquisitions for 15 days only. In the guidelines published by the Securities Board, it is mentioned that share trading will be opened...
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