NPR 273.80
-6.40 (-2.28%)Commercial banks reported an average non-performing loan (NPL) of 5.64 percent for the first quarter of fiscal…Commercial banks reported an average non-performing loan (NPL) of 5.64 percent for the first quarter of fiscal year 2083/84, with Prabhu Bank recording the highest NPL at 14.80 percent and Everest Bank the lowest at 0.50 percent among 20 commercial banks.
Commercial banks earned a total net profit of Rs 19.14 billion in the first quarter of the fiscal year…Commercial banks earned a total net profit of Rs 19.14 billion in the first quarter of the fiscal year 2083/84, a 45.59% increase compared to the same period last year. Out of 20 banks, 17 reported increased profits while 3 saw declines.
Machhapuchhre Bank Limited reported a 31.87 percent increase in net profit to Rs 551.15 million for the first…Machhapuchhre Bank Limited reported a 31.87 percent increase in net profit to Rs 551.15 million for the first quarter of the fiscal year.
Following recent market gains, the NEPSE index closed at 2,690.15. Only three companies are currently trading…Following recent market gains, the NEPSE index closed at 2,690.15. Only three companies are currently trading below Rs 200: Rasuwagadhi Hydropower, Prabhu Bank, and Upper Tamakoshi Hydropower, while 41 companies are trading below Rs 300.
This overview details the annual general meetings, dividend proposals, bonus shares, and rights issues…This overview details the annual general meetings, dividend proposals, bonus shares, and rights issues announced by numerous listed companies, including banks, hydropowers, and microfinances for the past fiscal year, with several merging or distributing cash and bonus dividends to shareholders.
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%.
Sixty-two listed companies in NEPSE have announced dividends from the previous fiscal year's distributable…Sixty-two listed companies in NEPSE have announced dividends from the previous fiscal year's distributable profits, with various banks, hydropowers, and mutual funds reporting their proposed bonus and cash dividend distributions.
नेपाल स्टक एक्सचेन्जमा सूचीकृत विभिन्न कम्पनीहरूले चालु आर्थिक वर्षका लागि आफ्ना सेयरधनीहरूलाई लाभांश घोषणा…नेपाल स्टक एक्सचेन्जमा सूचीकृत विभिन्न कम्पनीहरूले चालु आर्थिक वर्षका लागि आफ्ना सेयरधनीहरूलाई लाभांश घोषणा गर्ने क्रम तीव्र बनाएका छन्। सूचीकृत कम्पनीहरूमध्ये वाणिज्य बैंक, विकास बैंक, वित्तीय संस्था, जलविद्युत्, उत्पादनमूलक तथा सामूहिक लगानी कोष (म्युचुअल फन्ड) हरूले प्रतिफल घोषणा गरिसकेका छन्।
Nineteen banks and financial institutions have declared dividends from the profits of the fiscal year 2082/83…Nineteen banks and financial institutions have declared dividends from the profits of the fiscal year 2082/83, with several having already distributed them to investors before Dashain while others await their annual general meetings.
Commercial banks have continued to lower their average deposit interest rates for the month of Kartik due to…Commercial banks have continued to lower their average deposit interest rates for the month of Kartik due to adequate liquidity and slow credit expansion, with various banks publishing updated individual and institutional rates. Average individual maximum deposit rates dropped to 4.013 percent, while institutional rates fell to 3.003 percent.
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.
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.
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.
Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of the current fiscal…Commercial banks earned a total net profit of Rs 17.81 billion in the first two months of the current fiscal year, though several banks continue to report negative retained earnings due to past non-performing loans and heavy provisioning.
Investors are showing interest in lower-priced banking stocks, with Laxmi Sunrise Bank, Kumari Bank, Global…Investors are showing interest in lower-priced banking stocks, with Laxmi Sunrise Bank, Kumari Bank, Global IME Bank, and Prime Commercial Bank seeing significant trading activity on Monday.
Machhapuchhre Bank Limited received two prestigious international awards: the Infosys Finacle Innovation Award…Machhapuchhre Bank Limited received two prestigious international awards: the Infosys Finacle Innovation Award 2026 for maximizing customer engagement and an award for best performance in risk management at the Emerging Asia Banking Conclave and Awards 2026.
Machhapuchhre Bank Limited has completed the financial arrangement for a 20 MW grid-connected solar energy…Machhapuchhre Bank Limited has completed the financial arrangement for a 20 MW grid-connected solar energy project in Sunsari, Koshi Province, funded through a sole investment covering up to 80 percent of the total cost with a 1.5-year construction period.
Machhapuchhre Bank has launched a customer service-oriented chatbot named Maya on its website to provide…Machhapuchhre Bank has launched a customer service-oriented chatbot named Maya on its website to provide banking information and handle queries, aiming to enhance digital banking experiences for its customers.
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.