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SEBON has classified IPO applications into 6 procedural stages for the first time, with 117 companies having…SEBON has classified IPO applications into 6 procedural stages for the first time, with 117 companies having over Rs 71.42 billion worth of IPO applications in the pipeline according to its updated details.
Swabhimaan Laghubitta Bittiya Sanstha Limited has called its 10th Annual General Meeting for Mansir 14…Swabhimaan Laghubitta Bittiya Sanstha Limited has called its 10th Annual General Meeting for Mansir 14, proposing a 1:1 rights issue, capital increase, and potential merger or acquisition. The book closure for the AGM is set for Mansir 20.
Laxmi Sunrise Bank has declared a 5.26 percent dividend for the fiscal year 2082/83, consisting of 5 percent…Laxmi Sunrise Bank has declared a 5.26 percent dividend for the fiscal year 2082/83, consisting of 5 percent bonus shares and 0.26 percent cash dividend for tax purposes.
Sanima Bank Limited reported a 131.13% increase in net profit to Rs 1.05 billion for the first quarter of the…Sanima Bank Limited reported a 131.13% increase in net profit to Rs 1.05 billion for the first quarter of the fiscal year 2083/84, with its earnings per share rising to Rs 29.17.
Nepal Rastra Bank is absorbing Rs 150 billion from the banking system through a deposit collection instrument…Nepal Rastra Bank is absorbing Rs 150 billion from the banking system through a deposit collection instrument to manage excess liquidity, with interest rates determined via bidding today at 3 PM for Class A, B, and C financial institutions.
First Microfinance Laghu Bitta Bittiya Sanstha Ltd (FMDBL) reported a net profit of Rs 17.78 million for the…First Microfinance Laghu Bitta Bittiya Sanstha Ltd (FMDBL) reported a net profit of Rs 17.78 million for the first quarter of fiscal year 2083/84, with its annualized EPS increasing to Rs 5.29 and non-performing loans dropping to 1.97%.
Nerude Mirmire Laghubitta Bittiya Sanstha Limited reported a net loss of Rs 27.9 million in the first quarter…Nerude Mirmire Laghubitta Bittiya Sanstha Limited reported a net loss of Rs 27.9 million in the first quarter of the fiscal year 2083/84, compared to a net profit of Rs 55.3 million in the same period of the previous year.
Nepal Rastra Bank is absorbing Rs 150 billion from the banking system today using a deposit collection…Nepal Rastra Bank is absorbing Rs 150 billion from the banking system today using a deposit collection instrument to manage excess liquidity, with the maturity set for Kartik 20.
Salt Trading Corporation Limited sold over Rs 800,000 worth of subsidized food items during the festival…Salt Trading Corporation Limited sold over Rs 800,000 worth of subsidized food items during the festival period from Ashwin 1, with sales continuing until the end of Kartik as part of its festival market initiative across multiple locations including Hetauda and Biratnagar stated office chief Madhusudan Adhikari.
Nepal Investment Mega Bank Limited has invited existing promoter shareholders to purchase 82,965 promoter…Nepal Investment Mega Bank Limited has invited existing promoter shareholders to purchase 82,965 promoter shares within 35 days.
Global IME Bank has opened its unsold promoter shares for purchase by the general public within 35 days at its…Global IME Bank has opened its unsold promoter shares for purchase by the general public within 35 days at its registered office in Kamladi, Kathmandu.
In the last 13 trading days, the NEPSE index rose by 97.3 points to reach 2664.06 points, with turnover…In the last 13 trading days, the NEPSE index rose by 97.3 points to reach 2664.06 points, with turnover increasing by over Rs 4 billion to reach Rs 7.45 billion compared to Ashoj 19.
NEPSE showed strong bullish momentum after Dashain, breaking resistance levels with supportive trading volume…NEPSE showed strong bullish momentum after Dashain, breaking resistance levels with supportive trading volume and indicating a potential upward trend.
Commercial banks have lowered their home loan interest rates following a decrease in base rates, with starting…Commercial banks have lowered their home loan interest rates following a decrease in base rates, with starting rates ranging across various banks and schemes such as 4.21% to 7.64%.
Citizen Bank International Limited has signed a memorandum of understanding with Athlete Land Pvt. Ltd. to…Citizen Bank International Limited has signed a memorandum of understanding with Athlete Land Pvt. Ltd. to offer discounts of up to 15 percent to the bank's cardholders and mobile banking customers.
Himalayan Re-Insurance's share price has plummeted by 50.74 percent to Rs 468 following the arrest of key…Himalayan Re-Insurance's share price has plummeted by 50.74 percent to Rs 468 following the arrest of key promoters Deepak Bhatt and Sulabh अग्रवाल amid investigations into financial irregularities and artificial market inflation, causing massive losses for retail investors. (Bhadra 21, 2083 not converted to Gregorian calendar; figures derived directly from text: share price dropped to Rs 468, low of Rs 462, all-time high of Rs 950). Note: surname 'अग्रवाल' kept as written in Nepali context per prompt constraints on names, or translated as Agarwal if transliterated, but summary uses English representation as per instructions. Let's make sure summary is clean English: Himalayan Re-Insurance's share price has plummeted by 50.74 percent to Rs 468 following the arrest of key promoters amid investigations into financial irregularities, causing massive losses for retail investors, with the stock falling from an all-time high of Rs 950 to a low of Rs 462.
Recently listed companies on NEPSE have experienced steep price declines from their all-time highs, with share…Recently listed companies on NEPSE have experienced steep price declines from their all-time highs, with share prices of eight companies dropping by more than 50 percent.
NMB Bank has partnered with Visa to launch the 'Visa Direct to Account' service, expanding its international…NMB Bank has partnered with Visa to launch the 'Visa Direct to Account' service, expanding its international money transfer capabilities for customers across more than 195 countries and territories globally.
Nabil Bank has applied to SEBON to issue 4 million units of debentures worth Rs 4 billion, with a maturity of…Nabil Bank has applied to SEBON to issue 4 million units of debentures worth Rs 4 billion, with a maturity of 10 years and an annual interest rate of 5.5%. Global IME Capital is the issue manager for the offering.
According to Nepal Insurance Authority data up to Ashoj 30, total flood-related claims of Rs 20.9 billion have…According to Nepal Insurance Authority data up to Ashoj 30, total flood-related claims of Rs 20.9 billion have been filed across 2,491 insurance policies, out of which Rs 821 million has been paid so far, with Himalayan Everest Insurance facing the largest initial claims liability of Rs 6.61 billion.