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Development banks have decided to lower the interest rate on fixed deposits  1
Business | Market | Economy

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

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 to reduce the deposit interest rate by 1%. According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the […]

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 3
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

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit 9
NEPSE NEWS

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit

Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter. Revenue from the sale of electricity has declined by 12.4% when compared to the

Boosting Your ROI in Stock Market Investing 17
Stock Exchange

Boosting Your ROI in Stock Market Investing

Everyone wants a high return on their investment in stock market trading. First let’s consider the basics and the ways to earn the most on your investments. Return on Investment Usually referred to as ROI, the Return on Investment in stock market investing is the profit earned from selling a security or other asset divided

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