Articles & Updates
“Closing Today: 9% Nepal SBI Bank Debenture 2089 (NSBD98) Issue”
Starting from today, Nepal SBI Bank Limited is concluding the public offering of its “9% Nepal SBI Bank Debenture 2089,” consisting of 2,000,000 units priced at Rs. 1000 per unit. Initially, the issue had commenced on the 18th of Shrawan, 2080, and was scheduled to close early on the 22nd of Shrawan. However, due […]
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“API Power Begins 40% Right Share Issue Today”
API Power Company Limited (API) has initiated the sale of right shares, beginning today (Shrawan 31), which represents 40 percent of its current paid-up capital. The company’s plan involves offering 4 new shares for every 10 existing shares held. This means a total of 16,533,137 right shares will be available, each priced at Rs. […]
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“Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan”
Nabil Bank is introducing an attractive option for home loans, presenting two competitive fixed interest rate choices: 10.99% for a 7-year term and 11.99% for a 10-year term. Homeowners often worry about fluctuating rates impacting their monthly payments, as explained by Chadani Shrestha, Head of the Personal Lending Unit at Nabil Bank. To address […]
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“CHCL Earns Rs. 69.45 Crores in Q4 of FY 79-80; Decline in Profits Linked to Reduced River Flow”
Chilime Hydro Power Company Limited (CHCL) has released its fourth-quarter report for the recently concluded financial year 2079-80, showing a nearly 8 percent decrease in Net Profits. In the final quarter of FY 2079-80, the company recorded profits of Rs. 69.45 crores, down from Rs. 75.42 crores in the same quarter of FY 2078-79. […]
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“Kumari Bank Partners with Classic Industries for 15% Mattress Discount”
Kumari Bank has partnered with Classic Industries to offer a generous 15% discount on mattresses to their cardholders and mobile banking users. This special deal aims to benefit customers making purchases from the company. Kumari Bank operates through an extensive network comprising 304 branches, 307 ATM outlets, 63 branchless banking units, and 49 extension […]
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“Kalika Laghubitta Q4 Report: 64% Net Profit Drop, Bad Loan at 4.13%”
Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has released its fourth-quarter report for the recently concluded financial year 2079-80. The report shows a significant drop of 64.01 percent in its Net profits compared to the same period in the previous fiscal year 2078-79. In specific numbers, the company earned only Rs. 4.62 crores, a notable […]
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“Nepal’s Gold Prices Drop: Market Update”
The Federation of Nepal Gold and Silver Dealers’ Association has announced a decline of Rs 700 per tola in the local gold price. This drop was observed on the same day while finalizing today’s price list. As of now, the value of fine gold remains steady at Rs. 111,300 per tola, while tejabi gold […]
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“Final Day for Eligibility: Upper Tamakoshi Hydropower 1:1 Rights Offering”
Today marks the final opportunity for eligibility in the rights offering of Upper Tamakoshi Hydropower Limited (UPPER). The company plans to distribute 100% right shares by releasing 105,900,000 (1:1) units of right shares to its current shareholders. Currently, the company’s paid-up capital stands at Rs. 10.59 Arba. With the implementation of the intended right share, […]
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“Nepal Telecom Reports 10 Lakh Rupees Recharge Card Loss, Issues Notice”
Nepal Telecom has announced that they have experienced a loss of around 10 lakh rupees due to missing recharge cards. These cards, valued at 50 rupees each, vanished while being transported from Kathmandu to Bhairahwa. The incident was revealed by Nepal Telecom’s Wireless Services Directorate located at Babarmahal.
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“Government Approves Cyber Security Policy for Digital Safety”
During a Cabinet meeting on Tuesday, a significant decision was made to approve the Cyber Security Policy 2080. This step, confirmed by the Ministry of Communication and Information Technology, sets the stage for the upcoming Cyber Security Bill. The government aims to create a secure and advanced cyber environment in the country with this […]
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