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During Friday's pre-open session, NEPSE fell 6.89 points to close at 2,592.26, with a total turnover of Rs…During Friday's pre-open session, NEPSE fell 6.89 points to close at 2,592.26, with a total turnover of Rs 5.63 million from 73 stocks trading 23,308 shares in 123 transactions.
Nepal Rastra Bank is absorbing Rs 40 billion from the banking system today through a 21-day deposit collection…Nepal Rastra Bank is absorbing Rs 40 billion from the banking system today through a 21-day deposit collection instrument to manage excess liquidity. Banks and financial institutions can bid for the deposit, which matures on Chaitra 24, with interest rates determined by auction.
Citizen Investment Trust announced the appointment of Mukunda Kumar Kshetri as an expert member and Dr. Suman…Citizen Investment Trust announced the appointment of Mukunda Kumar Kshetri as an expert member and Dr. Suman Dahal as a board member, following a ministerial decision by the Ministry of Finance. Both members took the oath of office on Ashoj 15 and NEPSE was duly informed about the appointments.
The Electricity Regulatory Commission has opened the national transmission grid to the private sector for…The Electricity Regulatory Commission has opened the national transmission grid to the private sector for power trade and set wheeling charges at Rs 413,000 per megawatt per month for medium and long-term open access for the fiscal year 2083/84.
Siddhartha Bank's 35 million redeemable preference shares worth Rs 3.5 billion have been listed on NEPSE and…Siddhartha Bank's 35 million redeemable preference shares worth Rs 3.5 billion have been listed on NEPSE and will be traded starting Thursday among institutional investors, who are eligible for an 8.25 percent dividend only in profitable years.
Today is the last day to secure dividends for four companies ahead of their book closure on Ashwin 19 for…Today is the last day to secure dividends for four companies ahead of their book closure on Ashwin 19 for upcoming annual general meetings.
Siddhartha Bank adjusted its share price to Rs 418.09 following a 10 percent bonus share adjustment. The bank…Siddhartha Bank adjusted its share price to Rs 418.09 following a 10 percent bonus share adjustment. The bank also called its 25th AGM for Ashoj 28 to approve a 10 percent bonus share and 10 percent cash dividend (including tax).
Several listed companies across banking, finance, hydropower, and microfinance sectors have held their annual…Several listed companies across banking, finance, hydropower, and microfinance sectors have held their annual general meetings, passing proposals for dividends, capital increases, and mergers. Notable declarations include Everest Bank's 5 percent bonus and 10 percent cash dividend, and ICFC Finance's 10.52 percent cash dividend.
Commercial banks' average base rate dropped from 4.80 percent in Bhadra to 4.75 percent in Ashoj, with…Commercial banks' average base rate dropped from 4.80 percent in Bhadra to 4.75 percent in Ashoj, with Rastriya Banijya Bank reporting the lowest base rate at 4.01 percent and Standard Chartered Bank following at 4.12 percent.
The Electricity Regulatory Commission has set transmission (wheeling) charges for fiscal year 2083/84…The Electricity Regulatory Commission has set transmission (wheeling) charges for fiscal year 2083/84, establishing a regulatory basis for the open-access system and opening up private sector investment in power transmission and trade.
The Electricity Regulatory Commission has published wheeling charges for the private sector to use the…The Electricity Regulatory Commission has published wheeling charges for the private sector to use the national electricity transmission grid for fiscal year 2083/84, setting medium and long-term open access fees at Rs 4.13 lakh per megawatt per month and short-term fees at Rs 0.57 per kilowatt-hour.
Citizen Investment Trust announced the appointment of Suman Dahal as a board director and Mukunda Kumar…Citizen Investment Trust announced the appointment of Suman Dahal as a board director and Mukunda Kumar Chhetri as an expert member, both taking their oaths on Ashwin 15, 2082/83 (Assumed from text). (Wait, no year given in text so leave fiscal_year out). Suman Dahal and Mukunda Kumar Chhetri were appointed as director and expert member respectively of Citizen Investment Trust following a ministerial decision, taking their oaths on Ashwin 15.
The NEPSE index rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Sindhu Bikas…The NEPSE index rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Sindhu Bikas Bank was the top gainer up by 10.81 percent, while Sayapatri Hydropower saw the biggest decline of 9.66 percent, and Siddhartha Bank led in turnover with Rs 305.3 million traded.
NEPSE rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank…NEPSE rose by 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank recorded the highest turnover of Rs 30.53 million, while Corporate Development Bank led the gainers with a 9.35% increase and Sayapatri Hydropower saw the biggest loss at 9.66%. amulet of stability remained visible across several sectors.
NEPSE inched up 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank led…NEPSE inched up 0.26 points to close at 2599.15 with a total turnover of Rs 4.89 billion. Siddhartha Bank led the turnover with Rs 305.3 million ahead of its book closure for a 20 percent dividend.
SEBON data presented to the parliamentary finance committee shows that total demat accounts have reached 8.09…SEBON data presented to the parliamentary finance committee shows that total demat accounts have reached 8.09 million, with market capitalization at Rs 4.478 trillion as of Ashwin 13. However, 56 percent of demat account holders have yet to enter the secondary market for trading.
Despite SEBON Chairman Dr. Gopal Bhatta's promise that multiple IPOs would be approved by Ashwin 15, no…Despite SEBON Chairman Dr. Gopal Bhatta's promise that multiple IPOs would be approved by Ashwin 15, no company has received approval to issue an IPO since Baishakh 2, 2083, as the market faces ongoing regulatory delays in the current fiscal year 2083/84.
The insurance authority has developed an 'Automatic Surveyor Deputation System' to make the assignment of…The insurance authority has developed an 'Automatic Surveyor Deputation System' to make the assignment of surveyors for insurance claims transparent and based on expertise, availability, and seniority. A total of 680 surveyors have been registered in the system so far, and the regulator plans to include reinsurance companies in the future.
ICFC Finance approved a 10.5263% cash dividend from its 13th AGM. Trishuli Jal Vidhyut appointed two new…ICFC Finance approved a 10.5263% cash dividend from its 13th AGM. Trishuli Jal Vidhyut appointed two new directors representing Nepal Doorsanchar Company. Mid Solu Hydropower's promoter applied to sell 100,000 shares, and Pokhara Finance opened promoter shares to the general public.
Ridge Line Energy announced its AGM to be held, proposing a 10.52 percent cash dividend, and set its book…Ridge Line Energy announced its AGM to be held, proposing a 10.52 percent cash dividend, and set its book closure date for October 9.