Day: November 3, 2023

Nabil Bank Limited Reports Q1 2080/81 Financials: Resilience Amidst Net Profit Dip 1
Business | Market | Economy

Nabil Bank Limited Reports Q1 2080/81 Financials: Resilience Amidst Net Profit Dip

Nabil Bank Limited (NABIL) has unveiled its comprehensive financial report for the initial quarter of the fiscal year 2080/81, offering valuable insights into the bank’s performance. During this quarterly review, the bank reported a 6.51% reduction in its net profit. Net profit decreased from NPR 1.57 Arba in the first quarter of FY 2079/80 to […]

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Nepal Investment Mega Bank (NIMB) Reports Impressive Q1 2080/81 Profits with 33.47% Growth 3
Business | Market | Economy

Nepal Investment Mega Bank (NIMB) Reports Impressive Q1 2080/81 Profits with 33.47% Growth

Nepal Investment Mega Bank Limited (NIMB) has recently unveiled its first-quarter report for the fiscal year 2080/81, demonstrating a remarkable 33.47% surge in its net profit. The bank’s profit soared to NPR 1.52 Arba during this period, indicating a positive trend in its financial performance. In terms of financial standing, the same period disclosed a […]

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Hotel Forest Inn Ltd. Seeks SEBON Approval for IPO, Plans to Raise NPR 98 Crores 5
IPO | FPO

Hotel Forest Inn Ltd. Seeks SEBON Approval for IPO, Plans to Raise NPR 98 Crores

The IPO (Initial Public Offering) of Hotel Forest Inn Ltd. is currently in the approval process within the IPO pipeline of the Securities Board of Nepal (SEBON). Hotel Forest Inn Ltd. has presented a proposal to the regulatory body of the capital market, seeking permission to issue 9,800,000 shares as part of their IPO. This […]

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Auction of 100,000 Kumari Bank Limited Promoter Shares Commences for Existing Shareholders 7
Business | Market | Economy

Auction of 100,000 Kumari Bank Limited Promoter Shares Commences for Existing Shareholders

The current owner of Kumari Bank Limited (KBL) is initiating an auction for the sale of 100,000 units of shares exclusively to its existing promoter shareholders. Durga Prasad Pandey, a promoter of KBL, is the seller, and he is offering these 100,000 promoter shares for auction. Interested parties are invited to participate in this auction, […]

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