Day: August 14, 2023

"Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan" 1
Business | Market | Economy

“Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan”

  Nabil Bank is introducing an attractive option for home loans, presenting two competitive fixed interest rate choices: 10.99% for a 7-year term and 11.99% for a 10-year term. Homeowners often worry about fluctuating rates impacting their monthly payments, as explained by Chadani Shrestha, Head of the Personal Lending Unit at Nabil Bank. To address […]

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"Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends" 3
Dividend

“Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends”

  Nepal SBI Bank Limited (SBI) and Mahalaxmi Bikas Bank Limited (MLBL), along with their former entities (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpin Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued a notice to their respective shareholders regarding the retrieval of outstanding dividends that were approved […]

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"Closing Today: Auction of 15,77,211 Unclaimed Right Shares by Himal Dolakha Hydropower Company" 5
Dividend

“Closing Today: Auction of 15,77,211 Unclaimed Right Shares by Himal Dolakha Hydropower Company”

Himal Dolakha Hydropower Company Limited (HDHPC) is wrapping up the sale of 15,77,211 regular shares to the public, starting today, the 29th of Shrawan, 2080. The auction began on the 22nd of Shrawan. The auction includes 15,77,211 units of regular shares that were not claimed during the initial offering. Earlier, the company had offered existing […]

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"CHCL Earns Rs. 69.45 Crores in Q4 of FY 79-80; Decline in Profits Linked to Reduced River Flow" 7
Business | Market | Economy

“CHCL Earns Rs. 69.45 Crores in Q4 of FY 79-80; Decline in Profits Linked to Reduced River Flow”

  Chilime Hydro Power Company Limited (CHCL) has released its fourth-quarter report for the recently concluded financial year 2079-80, showing a nearly 8 percent decrease in Net Profits. In the final quarter of FY 2079-80, the company recorded profits of Rs. 69.45 crores, down from Rs. 75.42 crores in the same quarter of FY 2078-79. […]

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"Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank" 9
Dividend

“Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”

  Nepal SBI Bank Limited (SBI) and Prabhu Bank Limited (MLBL), along with several former banks (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpine Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued notices to their respective shareholders. The notices are aimed at facilitating the collection of outstanding dividends […]

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"Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05" 11
IPO | FPO

“Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05”

  Bhagawati Hydropower Development Company Limited is set to release 712,220 IPO shares starting from the 5th of Bhadra, 2080. The initial application deadline for this offering is on the 8th of Bhadra, with a possibility of extension until the 19th of Bhadra, if the subscription target is not met. Among the total 858,097 units, […]

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"NEPSE Closes at 2,077.24 with Rs. 3.11 Trillion Market Cap; Rs. 2.09 Arba Volume" 13
NEPSE NEWS

“NEPSE Closes at 2,077.24 with Rs. 3.11 Trillion Market Cap; Rs. 2.09 Arba Volume”

  During today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 2,077.24 points, showing a slight drop of 3.61 points or 0.17% from the previous day’s close. In the prior session, the index had gained 14.81 points. The day began with the index starting at 2,079.25 and briefly reaching a peak of 2,094.04. […]

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"Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability" 15
IPO | FPO

“Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability”

  The allotment for Upper Lohore Hydropower Company Limited’s Initial Public Offering (IPO) was completed today at Kaji Kitchen, Battisputali, Kathmandu. NICA Asia Capital acted as the issue manager for this IPO. The company had initially issued 19,53,279 IPO shares with a face value of Rs 100 each to the public from 18th to 22nd […]

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