Day: September 20, 2023
Nepal Observes Constitution Day with Public Holiday and NEPSE Closure
The Government of Nepal has declared a public holiday today, which falls on the 3rd of Ashwin, to commemorate ‘Constitution Day.’ As part of the holiday observance, the Nepal Stock Exchange Limited (NEPSE) will remain closed for trading. Normal trading activities on NEPSE will resume on Thursday, the 4th of Ashwin, 2080, starting at 11:00 […]
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Securities Board Approves Citizens Bank’s 10% Bond Offering for 2080
The Securities Board of Nepal has granted approval to Citizens Bank International Limited’s ‘10% Citizens Bank Bond 2080.’ This regulatory clearance was given on the 29th of Bhadra, 2080. The ‘10% Citizens Bank Bond 2080’ offering consists of a total of 30 lakh units, with each unit having a par value of Rs. 1,000. Out […]
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NRB Governor Discusses Power Export and Hydropower Sector Development with IPPAN
Maha Prasad Adhikari, the Governor of the Nepal Rastra Bank (NRB), has emphasized that Nepal’s trade deficit could be effectively addressed if the country could export power worth Rs 130 billion annually. In a meeting with the office-bearers of the Independent Power Producers’ Association, Nepal (IPPAN), Governor Adhikari highlighted the potential of power export as […]
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