Category/exclusive-news (Total Articles : 2591 )
Why didn't United Finance distribute dividends this year 2076/077 ?
Kathmandu. United Finance Company has announced that it will not pay dividend to the shareholders for the current financial year. There is growing interest in why the company, which has a relatively good financial statement, did not pay dividends to its shareholders.
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Mekh Thapa is the president of Nepal Merchant Bankers Association
Kathmandu. The eleventh general meeting of Nepal Merchant Bankers Association has been concluded. The general assembly has formed a new working committee under the chairmanship of Mekh Bahadur Thapa.The committee has Vijay Lal Shrestha as vice-chairman, Paras Mani Dhakal as...
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How to Apply IPO from my share app Online
Kathmandu. Now it is possible to apply for IPO from the 'My Share' mobile app. CDS & Clearing Limited (CDSC) has added the 'My ASBA' option to the app, which allows you to fill up shares.Initially, the app did not...
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Banks and financial institutions issued 20 billion loans in one week
Kathmandu. According to Nepal Rastra Bank, additional loan of around Rs. 20 billion has been issued by banks and financial institutions from December 6 to December 7 alone.At the time of the first quarterly monetary policy review on December 26,...
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Who will be the Deputy Governor of Nepal Rastra Bank?
There are half a dozen competitors to become the Deputy Governor of Nepal Rastra Bank. Both the posts of Deputy Governor of NRB will be vacant from March 3. It is seen that there will be competition between these six candidates for these two posts....
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Non-life insurance companies to "implement NFRS standards" by Insurance Committee
Kathmandu. The Insurance Committee has issued instructions to all non-life insurance companies to prepare financial statements as per NFRS criteria.The Insurance Committee has stated that separate criteria related to NFRS will be implemented for non-life insurance companies. Earlier, the Insurance...
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2 trillion loss to Nepali economy due to Covid 19
Kathmandu. The corona virus epidemic has caused a loss of Rs 198.18 billion to the Nepalese economy. A study by the National Planning Commission on the impact of the epidemic showed preliminary estimates. The study report conducted by the commission from April to July has...
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2 trillion loss to Nepali economy due to Covid 19
Kathmandu. The corona virus epidemic has caused a loss of Rs 198.18 billion to the Nepalese economy. A study by the National Planning Commission on the impact of the epidemic showed preliminary estimates. The study report conducted by the commission from April to July has...
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Why Cooperatives will not be allowed to charge more than 1 percent service fee
Kathmandu. A meeting with stakeholders at the Department of Cooperatives has decided not to charge more than 1 percent service fee. The Department of Cooperatives has instructed all the cooperatives not to charge more than 1 percent interest on the loans disbursed by the cooperatives....
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Banks' investment in the stock market: Banks are buying shares of insurance companies and insurance companies are buying shares of banks
Kathmandu. NRB Governor Maha Prasad Adhikari has shown interest in the investment made by banks in the share market.In the last few months, the governor has demanded the details of the investment of the banks, fearing that the banks have...
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15 Commercial banks of Nepal has Declared the Dividend of fiscal year 2076/07
Kathmandu. 15 commercial Bank has declared to pay dividend to its shareholders. They are going to distribute dividend to the shareholders from the profit of the last fiscal year 2076/077. The dividend will be received by the shareholders after it is passed by the general meeting
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Why the sudden negative circuit in Nepse on Sunday
Kathmandu,. On Sunday (December 6), the first trading day of the year, a negative circuit has taken place in Nepse. Trading was closed for Sunday after Nepse fell 6 percent. The Nepse index has decreased by 123.34 points and reached 1932.11 points.
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ICICI Bank of India inaugurates contact office in Nepal
Kathmandu. ICICI Bank of India Limited has inaugurated its representative office in Nepal. The bank has inaugurated its representative office at Central Business Park in Thapathali, Kathmandu. ICICI Bank is the first private sector bank in India to set up a representative office in Nepal.
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Rs 66 billion refinancing for 41,000 customers by NRB report
Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that 66 billion refinancing has been disbursed so far in the current fiscal year. According to him, the loan has been taken by more than 41,000 customers. Of this, less than 1.5 million approved...
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The market price of Nepal Life Insurance has doubled, the share price will continue to rise
Kathmandu. The market value of Nepal Life Insurance has increased by 126 percent in one year. A year ago, on December 1, 2019, the market price of Nepal Life closed at Rs. 842 per lot. On December 2, 2020, the market price of the company...
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