Articles & Updates
Government Commission Successfully Resolves Over 5,000 Usury Complaints, Returns Assets to Victims
The Commission formed by the government to investigate and resolve cases related to usury has effectively handled 5,155 out of the 28,000 received complaints, according to Uttamraj Subedi, a Commission member and Additional Inspector General of Police. Since its inception, the Commission has facilitated the return of 218 bigha 10 kattha 7 dhur (793) to […]
Read More
Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders
The current promoters of Kamana Sewa Bikas Bank Limited (KSBBL) have initiated the auction of 5,09,892 units of shares, starting from the 25th of Mangsir, 2080. This auction is exclusively open to interested former promoter shareholders of the bank. Eligible bidders have a 35-day window from the publication date of this notice, which is also […]
Read More
Gold Prices in Nepal Experience Decline of Rs. 1,300 per Tola, Reflecting Global Market Trends
The price of gold faced a decline of Rs. 1,300 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The present rate for fine gold is recorded at Rs. 1,17,500 per tola, contrasting with the stable rate of Rs. 1,18,800 per tola on Friday. Similarly, […]
Read More
“Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”
Nepal Life Insurance Company has resolved insurance claims totaling Rs 69.62 Arba as of the end of Ashoj, 2080. The disbursements primarily include death-related claims distributed among 13,512 policyholders and their nominees, encompassing both local and international beneficiaries, with a cumulative payout of Rs 5.68 Arba. The company, aiming for efficiency, has successfully settled 93% […]
Read More
NIC Asia Bank Conducts Auction for Sana Kisan Bikas Laghubitta Promoter Shares
“NIC Asia Bank Limited Initiates Auction for SKBBL Promoter Shares” Commencing from the 24th of Mangsir to the 29th of Poush, 2080, NIC Asia Bank Limited (NICA) has initiated an auction for the promoter shares of Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL). The auction involves 3,92,657 units of SKBBL promoter shares and is […]
Read More
Nabil Bank Announces Issuance of 9% Nabil Debenture 2087 with Rs. 3 Arba Target
Nabil Bank Limited (NABIL) has issued an offer letter announcing the issuance of 30,00,000 units of “9% Nabil Debenture 2087” to the general public. The debentures, featuring a maturity period of 7 years and a coupon rate of 9%, will be open for subscription from the 29th of Mangsir to the 3rd of Poush, 2080. […]
Read More
Gold Prices in Nepal Decline by Rs. 800 per Tola as Global Market Faces Slump
The price of gold has observed a decline of Rs. 800 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is reported at Rs. 1,18,400 per tola, representing a decrease from its stable position the previous day at Rs. […]
Read More
Gold Prices in Nepal Experience a Significant Drop of Rs. 2,400 per Tola
The price of gold has witnessed a notable decrease of Rs. 2,400 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is recorded at Rs. 1,19,200 per tola, representing a decline from its previous day’s stable position at Rs. […]
Read More
Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited
Prabhu Insurance Limited has initiated an auction for 19,79,424 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction period is set to run from the 19th to the 26th of Mangsir, 2080. During this auction, the specified 19,79,424 units of promoter shares of Nepal Reinsurance Company Limited will be available for […]
Read More
Kumari Bank Initiates Auction of 22,000 Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders
The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 22,000 units of shares, exclusively available to interested existing promoter shareholders starting today. Nagendra Prasad Bimali aims to sell these units to current promoter shareholders, and interested parties are invited to participate in the auction within 35 days from the publication date […]
Read More