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"Garima Bikas Bank Introduces 11.99% Fixed Interest Home and SME Loans" 5
Business | Market | Economy

“Garima Bikas Bank Introduces 11.99% Fixed Interest Home and SME Loans”

    Garima Bikas Bank has introduced two new loan programs: Garima Easy Home and SME loans, both with a competitive interest rate of 11.99%. Borrowers can benefit from a fixed interest rate of 11.99% over a seven-year term under these new schemes. The bank’s extensive network consists of 121 branches and 50 ATM outlets, […]

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"Nepal's 2022/23 Macroeconomic and Financial Report Released by Central Bank" 7
Business | Market | Economy

“Nepal’s 2022/23 Macroeconomic and Financial Report Released by Central Bank”

  Nepal Rastra Bank has reported that inflation was around 7.74 percent year-on-year. The country’s foreign exchange reserves were at USD 11.74 billion. However, both imports and exports saw declines, with imports dropping by 16.1 percent and exports decreasing by 21.4 percent. This is in contrast to the previous year when imports had increased by […]

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"Samudayik Laghubitta and Prabhu Life Insurance Bonus Shares Listed on NEPSE" 9
NEPSE NEWS

“Samudayik Laghubitta and Prabhu Life Insurance Bonus Shares Listed on NEPSE”

Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has recently listed 1,32,000 units of bonus shares on the Nepal Stock Exchange (NEPSE). During their 9th Annual General Meeting held on the 22nd of Ashad, 2080, the company approved a 15% dividend for the fiscal year 2078/79. This dividend will be distributed based on the company’s paid-up capital […]

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"Nepal Oil Corporation Raises Petrol and Diesel Prices" 11
Business | Market | Economy

“Nepal Oil Corporation Raises Petrol and Diesel Prices”

  Nepal Oil Corporation (NOC) recently raised the prices of petrol and diesel, causing a stir in the local market. The corporation’s board meeting, held on Tuesday, led to a unanimous decision to adjust prices. Diesel and kerosene prices surged by Rs. 14 per liter, while petrol increased by Rs. 5 per liter. As a […]

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"Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan" 13
Business | Market | Economy

“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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"Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends" 15
Dividend

“Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends”

  Nepal SBI Bank Limited (SBI) and Mahalaxmi Bikas Bank Limited (MLBL), along with their former entities (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpin Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued a notice to their respective shareholders regarding the retrieval of outstanding dividends that were approved […]

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"Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank" 17
Dividend

“Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”

  Nepal SBI Bank Limited (SBI) and Prabhu Bank Limited (MLBL), along with several former banks (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpine Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued notices to their respective shareholders. The notices are aimed at facilitating the collection of outstanding dividends […]

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"Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability" 19
IPO | FPO

“Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability”

  The allotment for Upper Lohore Hydropower Company Limited’s Initial Public Offering (IPO) was completed today at Kaji Kitchen, Battisputali, Kathmandu. NICA Asia Capital acted as the issue manager for this IPO. The company had initially issued 19,53,279 IPO shares with a face value of Rs 100 each to the public from 18th to 22nd […]

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