Month: October 2024
Liberty Micro Life Insurance to Launch Public Share Offering
Liberty Micro Life Insurance Limited is preparing to offer 2,250,000 ordinary shares to the public at Rs. 100 per share, aiming to collect a total of Rs. 225,000,000. The public share issue is being organized in collaboration with Nepal SBI Merchant Banking Ltd and RBB Mutual Fund 1, creating a major opportunity for investors looking […]
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Global IME Bank Proposes 5.5% Dividend for FY 2080/81
Global IME Bank Limited (GBIME) has proposed a 5.5% dividend for its shareholders for the fiscal year 2080/81. This decision was made during the 446th board meeting held on Ashwin 21. The proposed dividend includes 5.5% bonus shares, which will be distributed based on the bank’s paid-up capital of Rs. 36.12 Arba. The distribution of […]
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Global IME Bank Launches Festival Cashback Offer with NEPALPAY QR
Global IME Bank, in collaboration with Nepal Clearing House Limited (NCHL) and KK Mart, has launched an exciting limited-time cashback offer for the upcoming festival season. From October 4 to October 16, 2024 (18th to 30th Ashoj), users of GlobalSmart+ and connectIPS can enjoy a 10% cashback, up to Rs. 100, when they make payments […]
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NEPSE Index Gains 4.85 Points to Close at 2,668.17 Amid Mixed Trading Day
In today’s trading session, the Nepal Stock Exchange (NEPSE) Index saw a modest rise, closing at 2,668.17 points. This marks a gain of 4.85 points, or 0.18%, from the previous trading day, after experiencing a significant loss of 27.39 points in the prior session. The index opened at 2,661.8 points, hitting an intraday low of […]
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Citizens Bank International Announces 18th AGM with Dividend and Charter Amendments
Citizens Bank International Limited (CZBIL) has scheduled its 18th Annual General Meeting (AGM) for 12th Kartik, 2081. The meeting will be held at Amritbhog, Kalikasthan, Kathmandu, and will commence at 9:00 AM. One of the key highlights of the AGM agenda is the endorsement of a 4.21% dividend for the fiscal year 2080/81. The Board […]
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Gold Prices Drop by Rs. 500 in Nepal, Silver Also Declines
The fine gold market in Nepal has witnessed a notable decline, with prices falling by Rs. 500 per tola. As per the latest update from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold is now Rs. 160,500 per tola, down from its previous rate of Rs. 161,000 per […]
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Unilever Nepal Announces 31st AGM with Major Agendas
Unilever Nepal Limited (UNL) has scheduled its 31st Annual General Meeting (AGM) for 12th Kartik, 2081. The meeting will take place at The Everest Hotel in New Baneshwor, Kathmandu, starting at 4:30 AM. The AGM will cover several important agendas, including: Endorsing the auditor’s report along with the profit and loss statements, financial reports, and […]
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NEPSE Index Rises by 37.13 Points, Closing at 2,690.72
The NEPSE Index experienced a significant rise today, gaining 37.13 points (1.39%) and closing at 2,690.72. This marks an overall increase of 93.22 points over the last two trading days, with the index having gained 56.09 points yesterday. The market showed volatility throughout the session, starting at 2,656.8 points. It briefly touched an intraday low […]
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Gold Price Hits Record High in Nepal with Rs. 400 Surge
The price of gold in Nepal has reached a historic high, with a significant single-day increase of Rs. 400. According to the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is now being traded at Rs. 161,300 per tola, surpassing yesterday’s price of Rs. 160,900 per tola. Tejabi gold has also risen, reaching […]
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Nepal Bank Offers Lowest Interest Rate in Market at 7.70% for Housing Loans
Nepal Bank Limited, the oldest bank in Nepal, has introduced the most competitive interest rate in the country’s banking sector, offering loans at a low rate of 7.70%. This initiative is part of the bank’s response to increasing market demand for affordable financing solutions. The bank’s “Sarbasulab Housing Loan” scheme provides an opportunity for customers […]
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