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Tag: Development

Rawa Energy Development Limited closes IPO for project-affected locals in Nepal 1
May 7, 2023

Rawa Energy Development Limited closes IPO for project-affected locals in Nepal

IPO | FPO

Rawa Energy Development Limited is a public limited company that was initially incorporated as a private limited company on August 16, 2009. It was later…

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NEPSE Bonus Shares of Garima Bikas Bank and Arun Valley Hydropower Development Company 3
April 27, 2023

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

NEPSE NEWS

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…

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NRB's 8.87% Development Bond 2085 'Chha' has been listed on the NEPSE. 5
April 25, 2023

NRB’s 8.87% Development Bond 2085 ‘Chha’ has been listed on the NEPSE.

NEPSE NEWS

The Nepal Stock Exchange (NEPSE) has announced the listing of a new government bond, 8.87% Development Bond 2085 ‘Chha’. Nepal Rastra Bank issued the government…

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Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter. 7
April 23, 2023

Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.

Business | Market | Economy

Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter. The firm recorded a net profit of…

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Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector's capability. 9
April 17, 2023

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

Business | Market | Economy

  On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to…

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Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra 11
April 16, 2023

Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra

IPO | FPO

Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu. Bhugol Energy Development Company…

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Development banks have decided to lower the interest rate on fixed deposits  13
April 12, 2023

Development banks have decided to lower the interest rate on fixed deposits 

Business | Market | Economy

During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed…

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There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79. 15
April 11, 2023

There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79.

Dividend

  Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in fiscal year 2078/79. The EDBL Board of Directors decided on…

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GRDBL proposes a 4% dividend for fiscal year 2078/79. 17
April 10, 2023

GRDBL proposes a 4% dividend for fiscal year 2078/79.

Dividend

  For fiscal year 2078/79, Green Development Bank Limited (GRDBL) has proposed a 4% dividend. The board of directors decided to distribute 3.80% bonus shares…

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Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank. 19
April 6, 2023

Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.

Business | Market | Economy

  The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023…

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What Rawa Energy Development Prospective Investors Should Know 21
April 6, 2023

What Rawa Energy Development Prospective Investors Should Know

IPO | FPO

  Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted…

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The Shangrila Development Bank meets. 23
April 2, 2023

The Shangrila Development Bank meets.

Dividend

  Mr. Ujjwal Satyal, Mr. Sushil Kaji Baniya, and Mr. Sujan Siddhi Bajracharya from the promoter’s group were elected, as were Ms. Lisa Sherchan, Mr….

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Latest

  • Nepal’s Economy Set for Robust Growth in FY 2081/82: GDP to Reach Rs 61 Trillion
  • Nepal Stock Exchange Restructuring Boosts Market Outlook for May 2025
  • NEPSE Index Rises by 6.37 Points to Close at 2,121.62
  • Gold Price Surges by Rs. 600 per Tola in Nepal
  • Nerude Mirmire Laghubitta Updates Shareholding Ratio, Boosts Public Stake
  • UMHL Approves 1:1 Rights Issue at 10th AGM
  • Kumari Capital Limited Auctions Promoter Shares of Kumari Bank Limited
  • Gold and Silver Prices Decline in Nepali Market
  • Kumari Bank Promoter Shares Up for Auction to Existing Shareholders
  • NEPSE Index Declines, Trading Volume Remains Robust

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