Kathmandu. Nepal Infrastructure Bank Limited has projected to increase its capital by 8 percent within the next fiscal year. The company, which is preparing to sell 80 million IPOs in the primary market so far, has raised its paid-up capital to Rs. It is projected...
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Kathmandu. Confederation of Banks and Financial Institutions Nepal, an organization of operators of banks and financial institutions, has demanded that banks should be given share broker licenses easily. The confederation has met Finance Minister Bishnu Poudal and made the demand.A...
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Kathmandu. The Nepal Securities Board (NSB) has given permission to Narayani Development Bank to sell 100% of its shares. The board has given permission to the company to sell the right shares in the ratio of Rs. The rightful sales manager is Global IME Capital...
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Kathmandu. The highest amount of shares of the company was traded in Nepal Reinsurance on Monday. The company's Rs. A total of 468.68 million shares were traded. On this day, the company's share price also rose to Rs. 42 and the final price is Rs....
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Kathmandu. The book building method in initial public offering (IPO) has been implemented by the regulatory body Nepal Securities Board since the beginning of the current fiscal year. The Board has implemented the Book Building Directive, 2077 for the implementation of this method as per...
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Kathmandu. Prime Minister KP Sharma Oli has said that Nepal will be upgraded to a medium economy by 2022 in line with the UN development goals. He said this while giving a video message on the occasion of English New Year 2021.
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Kathmandu. Nepal Stock Exchange (NEPSE) has enthusiastically welcomed the New Year 2021. On Sunday, the first trading day of 2021, the Nepse index increased by 88.12 points and stopped at 2175.39 points. The year 2020 was also bid farewell with an increase of 25 points.
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Kathmandu. Global IME Bank has entered its 14th year of establishment. The bank's current paid-up capital will be around Rs 19 billion (more than Rs 21 billion after the proposed 14% bonus) and a reserve fund with a primary capital of Rs 27.24 billion, total...
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Kathmandu. The IPO is in the pipeline of 58,182,836 lots worth Rs 5.82 billion ready to be listed in the stock market.Most of the companies in the Securities and Exchange Board's pipeline are hydropower companies. There is also an insurance...
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Kathmandu. If the government does not connect the transmission line on time, around Rs 900 billion investment of banks will be at risk. The failure of the Nepal Electricity Authority (NEA) to construct the transmission line on time, amend the provisions in the law in...
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Kathmandu. The price of bonus shares of Nepal Bank and NMB Bank has been adjusted. Nepse has fixed the price at Rs 331 per share after adjusting the price of 12 percent bonus shares of Nepal Bank. Nepse has adjusted the price based on the last trading...
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Kathmandu, Machhapuchhra Bank Limited has brought 6 more branchless banking services in different parts of the country. The bank is located in Suryavinayak Napa-03 of Bhaktapur district, Balkot, Naraha VDC-03 of Siraha district, Naraha, Ekdara VDC-05 of Mahottari district, Kolhuwa Bagaiya, Khatyad VDC-11 of Mugu...
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Kathmandu. The Nepal Stock Exchange (NEPSE) index closed higher on Wednesday. The market had been booming since it opened.A total of 991,003 shares of 208 companies have been bought and sold for Rs 4.44 billion. Shares of Salt Trading Corporation...
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Kathmandu. Lakshmi Equity Fund's net asset value (NAV) per unit has increased. The value of own property has increased in November as compared to November. The net asset value of the scheme has increased from Rs 11.48 per unit till mid-November to Rs 12.55 per...
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Kathmandu, Nepal Investment Bank has announced its annual general meeting on January 25. The bank will propose to distribute 13 percent bonus shares and 5.50 percent cash dividend at the general meeting.Apart from these, there is also a proposal to...
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