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'Himalayan Stock Exchange' applied for license of new stock exchange 1
Business | Market | Economy Himalayan Stock Exchange

‘Himalayan Stock Exchange’ applied for license of new stock exchange

“Himalayan Stock Exchange” has applied for a license to the Nepal Securities Board for a new stock exchange. The application has been filed by Himalayan Stock Exchange, which has been established with the participation of prominent business families in Nepal, including Shankar Group, along with the largest industrial houses in Nepal such as Shekhar Golchha […]

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The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies. 5
Business | Market | Economy

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 Authority issued a notice inviting applications from companies interested in operating a micro-insurance company in Nepal. Similarly, three micro life insurance companies and four micro non-life insurance companies were chosen […]

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Through its new extension counter, Nepal Investment Mega Bank now serves Belbari in Morang. 7
Business | Market | Economy

Through its new extension counter, Nepal Investment Mega Bank now serves Belbari in Morang.

  On Chaitra 24, 2079, Nepal Investment Mega Bank opened its new extension counter at Belbari nagarpalika-9 Dangihat in Morang. According to a media statement, the latest facility was jointly inaugurated by Koshi province head of the bank Mr. Rajeev Gajurel and Nagarpalika mayor Mr. Dil Prasad Rai during a program. The bank’s network currently […]

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The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital. 9
Business | Market | Economy

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

  One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in […]

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Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000. 11
Gold | Silver | Forex

Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000.

Gold prices continue to break all-time highs. Today’s increase is due to a single-day gain of Rs. 2000 in fine gold, while tejabi gold has climbed by Rs. 1,950 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 111,000 per tola. […]

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National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount. 13
Business | Market | Economy

National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount.

  National Life Insurance Company has announced bonus rates ranging from Rs 63 to Rs 85 per Rs 1000 for its insured customers. According to the information, the company will offer a Rs 63 bonus for up to 9 years of life insurance, Rs 64 for 10 to 20 years, Rs 70 for 21 to […]

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Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 15
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 […]

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Siddhartha Premier Insurance's 2.8 crore unit shares have been listed for trading on the NEPSE. 17
NEPSE NEWS

Siddhartha Premier Insurance’s 2.8 crore unit shares have been listed for trading on the NEPSE.

After a successful merger between Siddhartha Insurance Limited (SIL) and Premier Insurance Company (Nepal) Limited (PIC), 28,065,499 shares of Siddhartha Premier Insurance Limited (SPIL) were listed on NEPSE. On the 27th of Ashad, 2079, SIL and PIC inked a merger agreement. The corporation had agreed to a merger with a swap ratio of 1:1. SIL’s […]

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SEBON Plans to Launch Nabil Investment Banking's New Mutual Fund Scheme "NI 31" 19
Business | Market | Economy

SEBON Plans to Launch Nabil Investment Banking’s New Mutual Fund Scheme “NI 31”

  In the most recent list of mutual fund scheme pipeline status published by the Securities Exchange Board of Nepal (SEBON), “NI 31” has recently been added under preliminary review. The fund size for NI 31 will be Rs. 15 crores divided into 1.5 crore units with a par value of Rs.10 per unit. On […]

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