Bikas

Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080 1
Business | Market | Economy

Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080

Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB), a microfinance company in Nepal, recently released its third-quarter report for the fiscal year 2079/2080. The report indicated a decline in net profit by 46.1% to Rs. 32.92 crore compared to the same period in the previous year, which was Rs. 61.09 crore. The company attributed the decline […]

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Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79 3
Dividend

Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79

Garima Bikas Bank Limited has distributed 13% bonus shares directly to the DEMAT account of its shareholders and has urged them to dematerialize their shares. This was announced after the bank’s 16th AGM where it also endorsed a 14.5% dividend worth Rs. 66.56 Crores for the fiscal year 2078/79. The board of directors meeting held […]

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GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans 5
Business | Market | Economy

GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans

  Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has reported a net profit of Rs. 5.9 Crores in the third quarter of FY 2079/2080, marking a 79.19% decrease compared to the same quarter in the previous year. The company’s net interest income decreased by 26.48% to Rs. 67.31 Crores, while its borrowings decreased by 16.70% […]

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"Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items" 7
Business | Market | Economy

“Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items”

Himalaya Urja Bikas Company Limited (HURJA) has announced that its 22nd Annual General Meeting (AGM) will now be held on 9th Jestha, 2080. The meeting was originally scheduled for 29th Poush, 2079, but was rescheduled. The AGM will take place at Arpan Banquet in Nayabaneshwor, Kathmandu, starting at 11 am on the specified day. The […]

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NEPSE Bonus Shares of Garima Bikas Bank and Arun Valley Hydropower Development Company 9
NEPSE NEWS

NEPSE Bonus Shares of Garima Bikas Bank and Arun Valley Hydropower Development Company

NEPSE has listed 59,68,135.55 unit bonus shares of Garima Bikas Bank Limited (GBBL). On Poush 22, the bank had its 16th AGM and approved a 14.5% dividend of Rs. 66.56 crores for fiscal year 2078/79. On Kartik 24, 2079, the board of directors voted to pay a 14.5% dividend on the paid-up capital of Rs. […]

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The Book Closure Date for Kamana Sewa Bikas Bank's 4.64% Dividend has been announced. 11
Dividend

The Book Closure Date for Kamana Sewa Bikas Bank’s 4.64% Dividend has been announced.

Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 16th Annual General Meeting for the 31st of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day at the Siddhartha Boutique Hotel in Kathmandu. Among the other items on the agenda, the AGM will approve a 4.64% cash dividend for fiscal year 2078/79. The […]

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Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders' demat accounts. 13
Business | Market | Economy

Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders’ demat accounts.

Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares. On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01 […]

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Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE 15
NEPSE NEWS

Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE

Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE. On 30th Poush, the business had its 26th AGM and approved a dividend of 4.21% for fiscal year 2078/79. The Board of Directors voted at its 512th meeting to pay a dividend of 4.21% on the paid-up capital of Rs. 1.04 Arba. A […]

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Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares 17
Business | Market | Economy

Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares

  Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory Commission (ERC) to issue rights shares to the general public. The Electricity Regulatory Commission (ERC) has approved the distribution of right shares in a 1:1 ratio. The company proposed issuing right shares in a 1:2 ratio, or 200% of the […]

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Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 19
Business | Market | Economy

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.

  In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan […]

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