The NEPSE Index experienced a modest gain of 1.39 points, equivalent to 0.07% compared to the previous day’s closing, reaching a concluding value of 1,853.48…
Articles & Updates
Nepal Life Insurance Reports 10.25% Growth in Net Profit and Strong Financial Indicators in Q1
Nepal Life Insurance has reported a notable expansion in its business volume and key financial metrics, as outlined in its recently published unaudited financial report…
“SEBON Free Trade Union Launches Special Edition of Share Market Digdarshan Publication Amid Festive Celebrations”
During the festive occasions of Tihar, Nepal Sambat, and Chhat, the SEBON Free Trade Union introduced a special edition of its Share Market Digdarshan publication…
In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector.
In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood…
Citizen Life Insurance Company’s Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position
In its recent disclosure of first-quarter financial results for the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) has reported a modest performance, revealing…
Muktinath Krishi Company’s Foreign Nepalese Immigrants IPO Sees Significant Oversubscription, Closing Today
Muktinath Krishi Company Limited is concluding the issuance of its Initial Public Offering (IPO) for Foreign Nepalese Immigrants today, marking the 24th of Kartik as…
Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81
Unilever Nepal Limited (UNL) has disclosed its financial outcomes for the first quarter of the fiscal year 2080/81, showcasing an impressive 62.21% surge in net…
Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81
In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net…
Gold Prices in Nepal Witness a Decline of Rs. 1,000 per Tola
The price of gold has witnessed a decline of Rs. 1,000 per tola as reported by the official website of the Federation of Nepal Gold…
Prabhu Bank Limited Initiates Auction of Promoter Shares for General Public and Promoter Shareholders
The current promoter of Prabhu Bank Limited (PRVU) is initiating an auction of 563,778 units of shares for interested individuals and institutions, starting from the…
Non-Life Insurance Sector in Nepal Achieves Rs. 10.44 Arba Premium in FY 2080/81
In the initial three months of the fiscal year 2080/81, concluding at the end of Ashwin, the non-life insurance sector in Nepal achieved remarkable success…
Lumbini Bikas Bank Initiates Auction of Promoter Shares to General Public and Institutions
The current promoter of Lumbini Bikas Bank Limited (LBBL) has initiated an auction of 2,00,639 units of shares, making them available for interested members of…