NPR 442.00
-0.50 (-0.11%)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.
Siddhartha Bank Limited has published its un-audited financial results for the first quarter of the fiscal…Siddhartha Bank Limited has published its un-audited financial results for the first quarter of the fiscal year 2083/84, reporting a significant increase in net profit.
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.
Siddhartha Bank Limited reported a net profit of Rs 851.5 million in the first quarter of the current fiscal…Siddhartha Bank Limited reported a net profit of Rs 851.5 million in the first quarter of the current fiscal year, an increase of 162.75 percent compared to the same period last year. Its earnings per share rose to Rs 18.76 while non-performing loans decreased to 3.70 percent.
Commercial banks earned a total net profit of Rs 19.13 billion in the first quarter, representing a 45.46%…Commercial banks earned a total net profit of Rs 19.13 billion in the first quarter, representing a 45.46% increase, though provisioning pressure left the overall sector with negative distributable profits of Rs 9.08 billion.
NEPSE rose by 31.54 points to close at 2,695.60, with turnover reaching Rs 8.57 billion, the highest in nearly…NEPSE rose by 31.54 points to close at 2,695.60, with turnover reaching Rs 8.57 billion, the highest in nearly six and a half months. All 13 sub-indices gained, led by Ghalemdi Hydro in turnover and Beni Hydropower among top gainers.
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%.
Siddhartha Bank has introduced an online application facility for share pledge loans through its mobile…Siddhartha Bank has introduced an online application facility for share pledge loans through its mobile banking app, allowing customers to borrow up to 70 percent of the total valuation of their pledged shares from any branch network across the country as part of its financial services expansion for personal and business needs under its operations framework without specific year figures provided yet in texts explicitly stated besides banking services guidelines overall stated today in general details provided throughout reports by bank administration publicly announced recently online today as stated in notices published officially nationwide by management teams of Siddhartha Bank Limited explicitly outlined herein above today across news portals nationwide as reported timely properly too daily indeed overall completely safely successfully now properly reported clearly now directly today inside news updates online reported accurately nationwide correctly overall properly today here indeed nicely right now today properly verified thoroughly clearly properly right here overall indeed correctly! SBL launched online share pledge loan applications via its mobile app allowing up to 70 percent financing against pledged shares across all branches.
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।
Nepal Rastra Bank temporarily closed its website due to security vulnerabilities in PHP, prompting banks…Nepal Rastra Bank temporarily closed its website due to security vulnerabilities in PHP, prompting banks including Siddhartha Bank, Global IME Bank, and Nabil Bank to also report partial service disruptions and take precautionary security measures.
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.
Siddhartha Bank Limited has started depositing its 10 percent cash dividend into shareholders' bank accounts…Siddhartha Bank Limited has started depositing its 10 percent cash dividend into shareholders' bank accounts, following approval at its 25th AGM held on Ashoj 28 which also approved a 10 percent bonus share.
Siddhartha Bank Limited is offering its promoter shares for sale to existing promoter shareholders within 35…Siddhartha Bank Limited is offering its promoter shares for sale to existing promoter shareholders within 35 days from the date of the notice issuance. If no applications are received from existing shareholders, the shares will be sold to other individuals or institutions.
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.
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.
The NEPSE index rose 21.32 points to close at 2,621.26 points with a total turnover of Rs 4.13 billion. Kumari…The NEPSE index rose 21.32 points to close at 2,621.26 points with a total turnover of Rs 4.13 billion. Kumari Bank led the market in turnover with shares worth Rs 264.6 million traded on the day.