Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that the limit imposed on share pledge loan through monetary policy for the current fiscal year will not affect the share pledge loan taken for industrial and commercial purposes. Governor Adhikari, who was present...
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Kathmandu. The stock market, which had been closed since last Thursday, reopened on Tuesday. But even in the open market, which was closed for four consecutive days, there was no charm. Investors did not look excited.Tuesday's market fell sharply by...
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Kathmandu. Prabhu Bank has approved the proposal to acquire Capital Merchant Banking. The decision was taken at a meeting of the bank's board of directors. The meeting decided to approve a preliminary understanding in this regard.Capital Merchant is a Class...
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Kathmandu. Share prices of four companies, including Api Power, have been adjusted on the Nepal Stock Exchange (NEPSE). On the same day, the prices of Api Power, Ngadi Group Power, NAB50 and NMB Hybrid Fund L1 were adjusted.Of which, the...
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Kathmandu. Nepal Investors Forum has demanded immediate repeal of the Rs 120 million limit on share pledge loans. The forum drew the attention of the Finance Minister to immediately dismiss the stock pledge loan saying that it has negatively affected the market.
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Kathmandu. Non-life insurance companies have also collected Rs 2.99 billion in the first month of the current fiscal year. The insurance fee has been collected for selling 241,837 insurance policies. This insurance company has been in the forefront of charging such fees before.
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Kathmandu. Insurance companies have sold 2.74 billion insurance policies in the first month of the current fiscal year. The insurance sector details made public by the Insurance Committee show that 2.74 billion insurance policies were sold in the first month of the current fiscal year.
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Kathmandu. Eight national level development banks are facing stiff competition. According to the financial statements of the fourth quarter of the last fiscal year 2077/78, the competition of all the eight development banks has increased. The average dividend capacity of all the eight development...
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Alpine Card Service, Alpine Finco International, Hras International and Yaksha Investment Pvt. The directors of the companies Mirnalini Giri, Rabindra Bahadur Malla and Pranju Malla have been blacklisted. The company was managing international payment cards (including Visa, MasterCard). Currently, such cards are being managed by...
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Kathmandu. The Nepal Stock Exchange (NEPSE) fell by double digits on Tuesday, the first trading day of the year. Nepse has decreased by 55.89 points and stopped at 3125.01 points. 16.12 billion. Insurance groups traded increased while all other groups declined.
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Kathmandu. Chief Executive Officer (CEO) of Nepal Stock Exchange (NEPSE) Chandra Singh Saud has resigned.CEO Saud was embroiled in controversy after he bought shares in the same company in his wife's name while he was in the process of building...
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Kathmandu. The value of the cryptocurrency Bitcoin has reached 50,000 dollar after 3 months.With the rise in the price of Bitcoin, the morale of investors has risen. The price of Bitcoin rose nearly 2 percent to 50,249.15. Which is the highest...
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The MACD line has clearly cut the signal line from the top some time ago. Histograms have also been negative. This means that sales pressure is high in this sector.The state of the development bank is clearly still bullish (see...
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The state of the development bank is clearly still bullish (see Green Arrow). Histograms have been positive. This indicates that buyers are gaining ground in the sector and that demand is likely to remain high this week.There has not been...
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Kathmandu. As of mid-June of the last fiscal year, the number of deposit accounts has reached 36.36 million. A study report on financial access made public by Nepal Rastra Bank has shown these figures. The study has shown that the number of loan accounts is...
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