Development

Red flag about Corporate Development Bank (CORBL) 3
r/NepalStock

Red flag about Corporate Development Bank (CORBL)

As a concerned citizen of Nepal, I wish to bring attention to certain aspects of Corporate Development Bank (CORBL) that merit careful consideration. While I am not providing financial advice or acting as an investor, I believe these concerns deserve further scrutiny. 1) Allegations Against Board Members: Some members of CORBL’s board, notably the Ansari

Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection 5
Business | Market | Economy

Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection

As the current fiscal year reaches its midway point with four and a half months passed, the government’s utilization of its development capital remains relatively modest at 10.2%. According to the Financial Comptroller General Office, the government has disbursed Rs 30.27 arba for the ongoing fiscal year, with an additional Rs 3.20 kharba allocated for

SHINE Bank Proposes 11.05% Dividend for Fiscal Year 2079/80 15
Dividend

SHINE Bank Proposes 11.05% Dividend for Fiscal Year 2079/80

Shine Resunga Development Bank Limited (SHINE) has put forth a dividend proposal of 11.05% for the fiscal year 2079/80. During the bank’s 280th board meeting on 23rd Ashwin 2080, this dividend plan was outlined, which pertains to the paid-up capital of the bank, amounting to Rs. 4.28 Arba. The proposal includes 10.5% bonus shares valued

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