ICRA Nepal Limited has confirmed NIC Asia Bank Limited’s grade. The rating has been removed from the ‘Watch with Negative Implications’ category and moved…
Tag: market
For the month of Baishakh, the NBA has decided to reduce interest rates to single digits.
According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080….
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…
The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies
The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses…
The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.
Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23,…
Because of the Liquor Industry’s Boom and Bust Period
Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated Rs. 2085 million in sales revenue in 2022. The company’s…
Remittance inflows increased by 25.3% to Rs. 794.32 billion in the first eight months of fiscal year 2022/23.
Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in…
Today’s gold price in Nepal has risen by Rs 500 per tola, while silver has risen by Rs 5.
Today’s gold price has risen by Rs. 500 in the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official…
Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares
Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory Commission (ERC) to issue rights shares to the general public….
Today’s gold price in Nepal has dropped by Rs 700 per tola, while silver has dropped by Rs 10.
Today’s gold price has dropped by Rs. 700 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine…
Investors Association Demands SEBON Address Ten Major Issues
The Investors’ Association has focused significant attention on the financial and psychological effects of the stock market on regular investors, which have been steadily…
The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.
The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies. Previously, the Nepal Insurance…