Interest

NEPSE Index Rises 15.33 Points as Interest Rates Decline; Investors Anticipate Monetary Policy 7
NEPSE NEWS

NEPSE Index Rises 15.33 Points as Interest Rates Decline; Investors Anticipate Monetary Policy

The Nepal Stock Exchange (NEPSE) Index gained 15.33 points, or 0.73%, closing at 2,101.16 points, rebounding from the previous day’s loss of 10.50 points. Today’s trading began with the index opening at 2,085.81, hitting a low of 2,081.81, and peaking at 2,103.91. Throughout the trading session, 314 different stocks were traded in 75,105 transactions. The

RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81 15
Business | Market | Economy

RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has recently released its first quarterly report for the fiscal year 2080/81, revealing several noteworthy findings. One of the most significant highlights is the impressive growth in net profit, which increased by 6.65%. During the first quarter, RSDC reported a net profit of Rs. 4.07 crores, a marked improvement

How is total interest in fixed deposit calculated? 23
r/NepalStock

How is total interest in fixed deposit calculated?

Apparently Prime bank calculates interest amount in days rather than months. If I have FD of 10lakhs for 10% for 6 months. The return I should get is (10%\*1000000)/2 – 5% tax = 47500 but I get slightly lower amount because its calculated in days. Sometimes its 500rs less, sometimes its 1000. Is this the

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