The current promoter of Nepal Investment Mega Bank Limited (NIMB) has initiated the auction of 2,55,741 units of shares, exclusively targeting existing promoter shareholders, starting…
Tag: Bank
NEPSE Index Reports Slight Dip Amidst Mixed Sector Performance: Key Highlights from Today’s Trading
The Nepal Stock Exchange (NEPSE) Index closed with a marginal loss of 2.48 points or 0.11% compared to the previous day’s closing, settling at 2,108.72…
3,25,000 Promoter Shares of Miteri Development Bank In Auction From Today
Miteri Development Bank Limited (MDB) is currently undergoing a significant development as its existing promoter, Sunil Shrestha, has initiated the auction of 3,25,000 units of…
NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension
The final steps for the merger between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have recently been concluded. In…
NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market
The Nepal Stock Exchange (NEPSE) Index demonstrated a noteworthy surge, gaining 58.58 points or 2.85% compared to the previous day’s closing, concluding at 2,111.24 points….
NEPSE Surges by 22.10 Points, Closing at 2,052.65 with Microfinance Leading Green Sector Rally
The Nepal Stock Exchange (NEPSE) Index recorded a significant gain of 22.10 points, equivalent to 1.08%, surpassing the previous day’s closing to settle at 2,052.65…
Nepal’s Macroeconomic Snapshot: Resilient Remittances, Forex Stability, and Balanced Trade Dynamics in the First Seven Months of 2023/24
The Nepal Rastra Bank (NRB), the central bank of Nepal, has presented an overview of the country’s macroeconomic and financial situation based on data from…
Upper Tamakoshi Hydropower Lists 10,590,000 Units of Right Shares on NEPSE
A total of 10,590,000 units of right shares from Upper Tamakoshi Hydropower Limited (UPPER) have been officially listed on the Nepal Stock Exchange (NEPSE). The…
Barahi Hydropower Receives Final Approval for 1:1 Right Share Issuance to Fund Key Projects
The final approval from the Electricity Regulatory Commission has been granted to Barahi Hydropower Public Limited (BHPL) for the issuance of right shares in a…
NEPSE Records Double-Digit Gain, Led by Non-Life Insurance Sector – March 7, 2024
The Nepal Stock Exchange (NEPSE) witnessed a notable increase of 13.51 points, equivalent to 0.67%, closing at 2,030.55 points compared to the previous day. This…
Khani Khola Hydropower Company’s Rs. 46.57 Crore Right Share Issue Under SEBON Review
The Securities Exchange Board of Nepal (SEBON) has included the right shares of Khani Khola Hydropower Company Limited (KKHC) in its preliminary review process. The…