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…
Tag: Interest
The NEPSE Index increased by an incredible amount due to the decline in interest rates. 92.22 out of 100
The NEPSE index closed at 1,963.55 today, up 92.22 points from the previous trading day’s close. This represents a 4.93% increase. Yesterday, the index rose…
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…
SEBON Approves Mahalaxmi Debenture 2089 at 11%
On Chaitra 05, 2079, the Securities Board of Nepal (SEBON) authorized the “11% Mahalaxmi Debenture 2089.” Mahalaxmi Bikas Bank Limited (MLBL) plans to issue 10…
Commercial Bank Fixed Deposit Interest Rates Remain Unchanged
The Nepal Bankers Association (NBA) has decided to lower the interest rate on savings while keeping the interest rate on fixed deposits unchanged. The…
SEBON Approves 10.75% NMB Debenture 2089/2090; Bank Will Soon Issue 40 Lakh Unit Debentures
On Falgun 18, 2079, the Securities Board of Nepal (SEBON) approved the “10.75% NMB Debenture 2089/2090”. NMB Bank Limited (NMB) plans to issue 40 lakh…
Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit
Kalika Laghubitta Bittiya Sanstha (KMCDB) released its second-quarter report for FY 2079/2080, which showed a 67.92% decrease in net profit. According to the company’s report,…
11.25% Global IME Bank Debenture 2084 is available for purchase beginning on March 29.
Global IME Bank Limited has opened public issue of 50 lakh units’ worth of ‘11.25% Global IME Bank Debenture 2084’ from Magh 29, 2079. The…
Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined…
Becoming an Investor in Nepal
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts…
Stock Market Strategy for Long Term Success
While investing in the stock market is a risky proposition, that should not stop aspiring investors from taking that first leap. The secret of investing…
Top 5 Ways to Earn Money for Students
Are you a college student? Do you wish to supplement your pocket money with a little additional cash? We understand that working a 9-5 office…