Category/exclusive-news (Total Articles : 2591 )
Himalayan Bank and Bank of Kathmandu win Melamchi Drinking Water Project Guarantee after eight years
Kathmandu. Bank of Kathmandu and Himalayan Bank have won the case in China after 8 years. It is said that the Chinese court informed both the banks after winning the case. However, the losing party still has a long way to go to the Supreme Court.
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6 Company share price circuit Level, See more details
Kathmandu. Shares of six companies rose at circuit level in the market, which rose by 12.49 points on Sunday. Shares of Himalayan Distillery, Salt Trading Corporation, Divyashwori Hydro, Mithila Microfinance, Universal Power and Sanima General Insurance rose on the circuit level.Himalayan Distillery's share price rose the...
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Kumari Bank's profit increased by 49.89, What is the net worth per share?
Kathmandu. Kumari Bank has increased its profit by 49.89 percent in the first quarter of the current fiscal year. The bank has earned a net profit of Rs 602.54 million during the period. The bank has increased its profit by 49.89 percent compared to the...
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Lumbini Development Bank's net profit increased by 15.5 percent
The bank has increased its net profit by Rs. 14.9 million in the same period of the current fiscal year as compared to the first quarter of the last fiscal year.The bank has managed to earn a net profit of...
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Why not ? Hydro's shares cannot be found below the face value
Kathmandu. Of the 35 hydropower companies listed on the Nepal Stock Exchange (NEPSE), the share price of 16 companies was less than Rs 100 per share as of July 19. Investors who invest in hydropower companies have earned a decent income in three-and-a-half months.
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Himalayan Bank and Bank of Kathmandu won 1.56 billion cases in China
Kathmandu. Bank of Kathmandu Limited and Himalayan Bank have won a lawsuit in a Chinese court over an advance and guarantee payment of an international contract.Bank of Kathmandu will get around Rs 900 million and Himalayan Bank will get back...
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Nepse index declined by 4.47 points, the transaction amount increased by 1 billion
Kathmandu. On Thursday, the last trading day of the year, the Nepse index closed down 4.47 points. The share transaction amount has increased. Shares worth more than Rs 2.84 billion have been traded.A total of 91,23,896 shares of 200 companies...
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Banks and financial institutions issuing Rs 8.5 billion bonds
Kathmandu. NRB has made it mandatory for commercial banks to issue bonds of 25 percent of the capital and various commercial banks have applied to the Nepal Securities Board to issue bonds worth Rs 8.60 billion. Due to the policy provision of the National Bank,...
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Prime Bank's profit rises 54.24 percent in first quarter
Kathmandu. Prime Commercial Bank has earned a profit of Rs 1.17 billion in the first quarter of the current fiscal year 2077-07. This is an increase of 54.24 percent over the same period last year.Prime has significantly improved its profits...
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Which is the strongest in microfinance? See key details
Kathmandu: Half a dozen microfinance companies listed in Nepse have made public their financial statements for the first quarter of the current fiscal year. Of the six companies that have made their financial statements public, RMDC Microfinance is the strongest. Currently, there are 52 microfinance...
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Money changer companies' new deposit arrangements and renewal fees has increased
Kathmandu. Nepal Rastra Bank has increased the deposit amount of money changer companies. The central bank has made such arrangement by implementing 'Nepal Rastra Bank Moneychanger License and Inspection Regulations, 2077 BS'.The NRB has informed that the new regulations have...
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Governor's propose to introduce 'virtual common currency' like Bitcoin
Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has expressed the view that 'digital common currency' should be introduced in SAARC countries.The proposal was made by Governor Adhikari, who attended the 40th SAARC Finance Virtual Group Meeting for 2020...
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Broker's commission decreases shortly: Bhishma Raj Dhungana, Cebon chairman
Investors are currently paying 0.4 to 0.6 percent commission. They are demanding 0.25 percent reduction.Investors are demanding reduction of broker commission saying that broker commission has not decreased even when the second trading of the share market is fully online.
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Instructions to pay Corona Insurance claims within 7 days
Kathmandu. The Insurance Committee has directed the insurance companies to settle the Corona insurance claim within seven days. The committee has issued a circular to all non-life insurance companies directing them to pay their Corona insurance claims within seven days.The Insurance Committee has given such instructions...
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113 billion application for refinancing in Banks
Kathmandu. About Rs. 72 billion has been applied for refinancing provided by NRB to banks and financial institutions. Banks and financial institutions had collected applications from September 1 to mid-October. During the same period, 44 banks and financial institutions applied for loans worth Rs 72...
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