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Rastriya Banijya Bank is issuing debentures worth Rs 3 billion starting from Ashoj 29, offering 3 million…Rastriya Banijya Bank is issuing debentures worth Rs 3 billion starting from Ashoj 29, offering 3 million units at a face value of Rs 1,000 each with an annual interest rate of 6%.
Rastriya Banijya Bank is issuing 3 million debenture units worth Rs 3 billion starting today, managed by…Rastriya Banijya Bank is issuing 3 million debenture units worth Rs 3 billion starting today, managed by Kumari Capital Limited. The issue received a CARE-NP Single A Plus rating from Care Ratings Nepal and closes by Kartik 12 at the latest.
Interviews and business plan presentations for four shortlisted candidates for the NEPSE CEO position have…Interviews and business plan presentations for four shortlisted candidates for the NEPSE CEO position have concluded, but the recommendation of the final three candidates to the Council of Ministers will take place after the Dashain festival under the coordination of Mahesh Acharya, with candidates including current ADBL Deputy General Manager Pratap Subedi alongside Anil Raj Paudel, Nawaraj Sapkota, and Narayan Prasad Sapkota competing to lead the exchange for a four-year term. The selection committee will tally scores for academic credentials, business plans, and interviews after the holiday break before the cabinet makes its final appointment for the institution overseeing a market capitalisation equivalent to the national GDP and over 6 million investors. Nepali date context: असोज २३ (Ashwin 23). Dates mentioned: असोज २३ (Ashwin 23). Dates are written as reported in the article without Gregorian conversion. No other numerical figures are given in the text besides years of service and the number of candidates and investors, which are not figures for the event schema itself. Wait, fiscal year, issue price, issue units, net profit, oversubscription, rating, rights percentage, bonus percentage, and cash percentage are absent, so figures object remains empty. Market relevance is true due to NEPSE governance news. Sector includes NEPSE and Banking because candidate Pratap Subedi is a DGM at ADBL. Event type is management_change. Companies: ADBL is incidental as candidate Pratap Subedi's current employer. Relevance is 2 because management change is notable but not directly price-moving like dividends or earnings. Summary encapsulates who, what, and key facts without external additions or calendar conversions. All constraints met and JSON output is parseable without extra text or control tokens or comments inside the block. Validated schema strictly followed.
NEPSE rose by 21.32 points to close at 2,621.26, while total daily turnover decreased to Rs 4.13 billion…NEPSE rose by 21.32 points to close at 2,621.26, while total daily turnover decreased to Rs 4.13 billion. Kumari Bank led in turnover with Rs 264.6 million worth of shares traded, and Sagarmatha Jalbidhyut Company saw the highest drop of 6.32% in share price.
Machhapuchhre Bank Limited re-appointed Roshan KC as the chairman of its board of directors during a meeting…Machhapuchhre Bank Limited re-appointed Roshan KC as the chairman of its board of directors during a meeting held on Ashoj 28, 2081 (or latest board meeting). KC has been serving as chairman since November 2023, having previously held the position from April 2017 to January 2019.
Nepal Telecom, in collaboration with the postal service, has launched the 'Hulak-Sim Service' allowing…Nepal Telecom, in collaboration with the postal service, has launched the 'Hulak-Sim Service' allowing customers to apply online and receive physical prepaid SIM cards at their homes. SIM costs Rs 90 with a Rs 70 delivery fee, targeted for delivery within two hours in urban areas and three days in rural areas.
Nepal's economic growth reached 3.85 percent in the fiscal year 2082/83, while capital expenditure hit a…Nepal's economic growth reached 3.85 percent in the fiscal year 2082/83, while capital expenditure hit a five-year low at 47.04 percent of the allocated budget, according to a recent bulletin.
The Minister stated that the government is developing a mechanism to reduce electricity tariffs for higher…The Minister stated that the government is developing a mechanism to reduce electricity tariffs for higher consumption to prevent energy wastage during peak production seasons. Additionally, technical evaluations of flood-damaged hydropower projects in the Bhotekoshi region are underway.
As the mid-Ashoj deadline approaches, most key targets of the 21-point capital market action plan, including…As the mid-Ashoj deadline approaches, most key targets of the 21-point capital market action plan, including legal amendments for NRN entry, intraday trading rules, and treasury bill secondary market infrastructure, remain unfulfilled due to government and SEBON delays, with only broker categorization and a few preliminary procedures advanced so far.
NEPSE rose by 21.50 points to reach 2621.26, with the commercial banking sector contributing the most at 10.18…NEPSE rose by 21.50 points to reach 2621.26, with the commercial banking sector contributing the most at 10.18 points. A total of 188 companies gained while 80 declined during the session.
Kumari Bank held its 26th AGM and approved a 2.1053% cash dividend (including tax) for FY 2082/83.Kumari Bank held its 26th AGM and approved a 2.1053% cash dividend (including tax) for FY 2082/83.
The Energy Minister reviewed the ministry's six-month progress, highlighting steps to open electricity trading…The Energy Minister reviewed the ministry's six-month progress, highlighting steps to open electricity trading to the private sector, advance power purchase agreement criteria, and expand transmission and irrigation infrastructure across the country.
Siddhartha Bank Limited held its 25th AGM, passing a proposal to distribute a 10 percent bonus share and a 10…Siddhartha Bank Limited held its 25th AGM, passing a proposal to distribute a 10 percent bonus share and a 10 percent cash dividend for the fiscal year 2082/83.
Mahalaxmi Bikas Bank signed an agreement with KTM City to provide its customers with up to a 10 percent…Mahalaxmi Bikas Bank signed an agreement with KTM City to provide its customers with up to a 10 percent discount across all outlets on card and mobile banking purchases.
Machhapuchhre Bank's 28th AGM approved a 6 percent dividend, comprising 3 percent bonus shares and 3 percent…Machhapuchhre Bank's 28th AGM approved a 6 percent dividend, comprising 3 percent bonus shares and 3 percent cash dividend for fiscal year 2082/83.
Kumari Bank Limited held its 26th annual general meeting on Ashoj 28, approving a cash dividend of 2.10.53…Kumari Bank Limited held its 26th annual general meeting on Ashoj 28, approving a cash dividend of 2.10.53 percent (including tax) for the fiscal year 2082/83.
Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2083/84…Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of fiscal year 2083/84, with Nabil Bank leading in profit amount and Himalayan Bank leading in growth percentage.
Citizen Bank International Limited (CZBIL) held its 20th AGM and approved a total dividend of 4 percent…Citizen Bank International Limited (CZBIL) held its 20th AGM and approved a total dividend of 4 percent, comprising 3.80 percent bonus shares and 0.20 percent cash dividend for tax purposes, from the profits of fiscal year 2082/83.
Kumari Bank Limited held its AGM on Ashoj 28 and approved a 2.1053 percent cash dividend (including tax) for…Kumari Bank Limited held its AGM on Ashoj 28 and approved a 2.1053 percent cash dividend (including tax) for the fiscal year 2082/83.