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Muktinath Bikas Bank won three awards at the Fonepay Honours for excellence in mobile app fund transfers, QR…Muktinath Bikas Bank won three awards at the Fonepay Honours for excellence in mobile app fund transfers, QR payments, and merchant transactions in digital banking operations.
Insurance companies increased their total investments in listed shares to Rs 55.19 billion by the end of…Insurance companies increased their total investments in listed shares to Rs 55.19 billion by the end of fiscal year 2082/83, according to the Nepal Insurance Authority data. Himalayan Life Insurance holds the largest equity investment at Rs 10.10 billion, followed by other major life and non-life insurers and reinsurers expanding their market exposure.
NRN Infrastructure and Development Limited decided to invest Rs 1.2 billion in the Chhujung Khola and…NRN Infrastructure and Development Limited decided to invest Rs 1.2 billion in the Chhujung Khola and Dudhkoshi-2 hydropower projects, alongside additional investment in an industrial firm, bringing its total proposed investment to Rs 1.29 billion.
NRN Infrastructure and Development Limited announced an investment of approximately Rs 1.30 billion in two…NRN Infrastructure and Development Limited announced an investment of approximately Rs 1.30 billion in two hydropower projects and a cable manufacturing industry, as approved by its board of directors.
NEPSE has suspended the share trading of Bindhyabasini Hydropower Development Company Limited (BHDC) and…NEPSE has suspended the share trading of Bindhyabasini Hydropower Development Company Limited (BHDC) and demanded an explanation within 3 working days for delaying the disclosure of its AGM, book close, and dividend decisions. The company failed to submit the price-sensitive information before the market opened as required by listing regulations, sending it a day late on Ashoj 27 at 5:59 PM instead of Ashoj 26, 2083.
NEPSE suspended the share trading of Bindhyabasini Hydropower Development Company Limited (BHDC) and demanded…NEPSE suspended the share trading of Bindhyabasini Hydropower Development Company Limited (BHDC) and demanded an explanation within 3 working days for failing to timely disclose price-sensitive information regarding its dividend and AGM decisions made on Ashwin 26. Trading will remain halted until a satisfactory explanation is provided.
Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2082/83…Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2082/83, representing a 7.32 percent increase. Nabil Bank led with the highest net profit of Rs 1.80 billion, followed by Global IME Bank with Rs 1.69 billion and Prime Commercial Bank with Rs 1.14 billion, while Himalayan Bank recorded the highest percentage growth in profit at 55.13 percent.
Nepal Rastra Bank's Digital Finance Innovation Hub (DiFI-Hub) has engaged with 50 fintech groups, with 40…Nepal Rastra Bank's Digital Finance Innovation Hub (DiFI-Hub) has engaged with 50 fintech groups, with 40 percent of their products now ready for the commercial market, according to the Impact Report 2026.
Siddhartha Bank Limited has proposed a 20 percent dividend, consisting of 10 percent bonus shares and 10…Siddhartha Bank Limited has proposed a 20 percent dividend, consisting of 10 percent bonus shares and 10 percent cash dividend, for the fiscal year 2082/83 after earning a net profit of approximately Rs 3.47 billion. The proposal awaits regulatory approval from Nepal Rastra Bank and endorsement by the bank's annual general meeting.
Laxmi Sunrise Bank has appointed Sumedh Bhattarai as its new Chief Executive Officer, effective from Kartik…Laxmi Sunrise Bank has appointed Sumedh Bhattarai as its new Chief Executive Officer, effective from Kartik 15, following a board meeting held on Ashoj 27.
During the pre-open session, the NEPSE index increased by 7.21 points to close at 22607.14, with a total…During the pre-open session, the NEPSE index increased by 7.21 points to close at 22607.14, with a total turnover of Rs 1,252,539.80 from 85 transactions of 57 stocks on Wednesday.
Taksar Pikhuwa Khola Hydropower Limited announced that the lock-in period for 149,032 units of shares held by…Taksar Pikhuwa Khola Hydropower Limited announced that the lock-in period for 149,032 units of shares held by mutual funds will expire after Mangsir 5, 2083, making them eligible for secondary market trading afterwards, while another 2,501 units had their lock-in released earlier due to mature schemes according to SEBON directives from Kartik 20, 2080, following the company's initial public offering of 4,230,668 shares at Rs 100 face value with 151,533 shares allotted to mutual funds subjected to a 6-month lock-in period from the allotment date, making the remaining locked-in shares total 149,032 units as stated in the company's notice issued for this expiration event.
Peoples Power Limited has called its 10th AGM for Kartik 18, 2083 to approve reports and a special proposal to…Peoples Power Limited has called its 10th AGM for Kartik 18, 2083 to approve reports and a special proposal to issue an initial public offering of up to 20 percent of its issued capital.
Swabhimaan Laghubitta Bittiya Sanstha Limited has decided not to distribute any dividend to its shareholders.Swabhimaan Laghubitta Bittiya Sanstha Limited has decided not to distribute any dividend to its shareholders.
Himalayan Capital proposed a 15 percent cash dividend including tax for the fiscal year 2082/83 from its…Himalayan Capital proposed a 15 percent cash dividend including tax for the fiscal year 2082/83 from its profits, along with scheduling its AGM for Kartik 20, 2083. Parent company Himalayan Bank Limited is related to this announcement through ownership of the capital company.
First Microfinance Laghu Bitta Bittiya Sanstha Ltd has announced an 11.0526 percent cash dividend from its…First Microfinance Laghu Bitta Bittiya Sanstha Ltd has announced an 11.0526 percent cash dividend from its current paid-up capital, subject to approval from Nepal Rastra Bank and the upcoming AGM.
NEPSE adjusted Gurans Laghubitta's stock price to Rs 1,497.72 following its proposed 9.5 percent stock…NEPSE adjusted Gurans Laghubitta's stock price to Rs 1,497.72 following its proposed 9.5 percent stock dividend and 0.5 percent cash dividend for tax purposes. The company is holding its 11th AGM on October 27.
Nepal Rastra Bank has directed all Class A, B, and C banks and financial institutions to assign a responsible…Nepal Rastra Bank has directed all Class A, B, and C banks and financial institutions to assign a responsible contact person and share their details with Nepal Police to monitor and prevent cyber fraud during the festival holidays, ensuring timely transaction details and account freezes for suspicious transactions.
Bindhyabasini Hydropower Development Company Limited has proposed a 5% bonus share and 0.2632% cash dividend…Bindhyabasini Hydropower Development Company Limited has proposed a 5% bonus share and 0.2632% cash dividend for tax purposes from its profits. The company's 10th AGM will be held on Kartik 18, with book closure scheduled for Kartik 10.
Bindhyabasini Hydropower Development Company (BHDC) has announced a 5 percent bonus share, 0.2632 percent cash…Bindhyabasini Hydropower Development Company (BHDC) has announced a 5 percent bonus share, 0.2632 percent cash dividend for tax purposes, and a 100 percent rights issue, calling its 10th AGM on Kartik 18, 2081, with book closure set for Kartik 10.