Day: May 26, 2024
Nepal’s Investors Anticipate Budget Reforms for 2081/82
The investment community in Nepal eagerly awaits the presentation of the national budget for the fiscal year 2081/82 by the Honorable Finance Minister on Jestha 15, 2081. Investors are hopeful that the new budget will include provisions to support and boost the capital market sector. Currently, the Securities Board of Nepal mandates a withholding tax […]
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SEBON Approves 7% Nepal SBI Bank Debenture for 2090
The Securities Board of Nepal (SEBON) has approved the “7% Nepal SBI Bank Debenture, 2090” for its pipeline. The debenture issue is valued at Rs 3 Arba. Nepal SBI Bank Limited (SBI) plans to issue 3,000,000 units of the debenture, each priced at Rs 1000. Out of these, 12 lakh units will be available to […]
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NIC Asia Bank to Auction 50,000 Promoter Shares of CIT
NIC Asia Bank Limited (NICA) is set to auction 50,000 units of promoter shares of Citizen Investment Trust (CIT) to qualified investors from Jestha 13 to Jestha 20, 2081. The auction invites qualified investors to bid on the promoter shares, with a minimum bid rate set at Rs. 758 per share and a minimum bid […]
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