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Articles & Updates

Shangri-la Development Bank Promoter Shares Auction Commences Today! 1
January 22, 2024

Shangri-la Development Bank Promoter Shares Auction Commences Today!

Business | Market | Economy

  Shangri-la Development Bank Limited (SADBL) presents a unique investment opportunity as its existing promoters initiate the auction of 1,76,040 units of shares to both…

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Nepal Investment Mega Bank Q2 Report: 13.62% Net Profit Decline Amid Strong Financial Position 3
January 21, 2024

Nepal Investment Mega Bank Q2 Report: 13.62% Net Profit Decline Amid Strong Financial Position

Business | Market | Economy

Nepal Investment Mega Bank Limited (NIMB) has recently disclosed its financial performance for the second quarter of fiscal year 2080/81, indicating a 13.62% decrease in…

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Gold Prices Rise by Rs. 400, Silver Dips Rs. 5 per Tola in Nepal 5
January 21, 2024

Gold Prices Rise by Rs. 400, Silver Dips Rs. 5 per Tola in Nepal

Gold | Silver | Forex

Gold continues to display its allure with a daily price surge of Rs. 400 per tola, while silver, on the other hand, experiences a marginal…

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Muktinath Bikas Bank Q2 FY 2080/81: 32.93% Net Profit Drop 7
January 21, 2024

Muktinath Bikas Bank Q2 FY 2080/81: 32.93% Net Profit Drop

Business | Market | Economy

Muktinath Bikas Bank Limited (MNBBL) has disclosed its second-quarter report for the fiscal year 2080/81, revealing a notable 32.93% decrease in net profit, dropping from…

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Laxmi Sunrise Bank Q2 Report: Modest Profit Dip Amidst Impressive Growth and NPL Concerns 9
January 21, 2024

Laxmi Sunrise Bank Q2 Report: Modest Profit Dip Amidst Impressive Growth and NPL Concerns

Business | Market | Economy

Laxmi Sunrise Bank Limited (LSL) has shared its financial results for the second quarter of the fiscal year 2080/81, reporting a small 1.66% decrease in…

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Citizens Bank Q2 Report: Profits Dip 6.96%, Challenges Emerge 11
January 21, 2024

Citizens Bank Q2 Report: Profits Dip 6.96%, Challenges Emerge

Business | Market | Economy

Citizens Bank International Limited (CZBIL) has disclosed its financial performance for the second quarter of fiscal year 2080/81, revealing a 6.96% decline in net profit…

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MBL Promoter Shares Auction Launched 13
January 19, 2024

MBL Promoter Shares Auction Launched

Business | Market | Economy

Surendra Mahato has initiated the auction of 1,12,32,492 units of promoter shares from Machhapuchchhre Bank Limited (MBL). The auction period spans from the 5th to…

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NIMB Ace Capital Extends 'NIBL Stable Fund' Deadline Due to Low Initial Applications 15
January 19, 2024

NIMB Ace Capital Extends ‘NIBL Stable Fund’ Deadline Due to Low Initial Applications

Business | Market | Economy

NIMB Ace Capital Limited has decided to extend the deadline for the “NIBL Stable Fund” mutual fund scheme to the general public and institutions until…

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Machhapuchchhre Bank Q2 2080/81: 21.45% Drop in Net Profit, Attention Needed on NPL Increase 17
January 19, 2024

Machhapuchchhre Bank Q2 2080/81: 21.45% Drop in Net Profit, Attention Needed on NPL Increase

Business | Market | Economy

Machhapuchchhre Bank Limited (MBL) has recently unveiled its financial performance for the second quarter of the fiscal year 2080/81, providing insights into key metrics. In…

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Gold Prices Rebound with a Rs. 500 Increase per Tola After Three-Day Dip 19
January 19, 2024

Gold Prices Rebound with a Rs. 500 Increase per Tola After Three-Day Dip

Gold | Silver | Forex

Following a three-day downturn, the luster of gold has made a comeback, witnessing a price surge of Rs. 500 per tola today. The Federation of…

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National Laghubitta Bittiya Sanstha Limited Initiates Auction of 63,242 Shares to General Public 21
January 18, 2024

National Laghubitta Bittiya Sanstha Limited Initiates Auction of 63,242 Shares to General Public

Business | Market | Economy

The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 63,242 units of shares to the general public, starting from…

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Siddhartha Premier Insurance Limited Initiates Auction of 300,000 Promoter Shares 23
January 17, 2024

Siddhartha Premier Insurance Limited Initiates Auction of 300,000 Promoter Shares

Business | Market | Economy

The current promoters of Siddhartha Premier Insurance Limited (SPIL) have initiated the auction of 300,000 units of promoter shares, making them available for interested promoter…

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