reduce
Banks planning to reduce deposit interest further, no approval required for foreign investment in stocks
is this a good news? Sources: [https://merolagani.com/NewsDetail.aspx?newsID=99417](https://merolagani.com/NewsDetail.aspx?newsID=99417) [https://merolagani.com/NewsDetail.aspx?newsID=99415](https://merolagani.com/NewsDetail.aspx?newsID=99415) View on r/NepalStock by captainright1
Read More
Losses for Laxmi Capital Market Mutual Fund Schemes in Chaitra Reduce; SLK’s NAV Maintains At 9.67
Laxmi Equity Fund (LEMF), a closed-end 7-year equity-oriented mutual fund scheme administered by Laxmi Capital Market Limited, showed a modest increase in NAV to Rs. 10.03 at the end of Chaitra from Rs. 9.93 the previous month. The plan started with a fund amount of Rs. 1.25 crore. Arba has invested Rs. 77.67 crores in […]
Read More
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. The majority of banks indicated support for decreasing the interest rate at the Bankers’ Association meeting on Wednesday, and the decision was taken to also cut the term interest rate. […]
Read More
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 […]
Read More
Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE
Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications. The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital […]
Read More Units Listed in NEPSE){kind=link}
For Fiscal Year 2078/79, Mahuli Laghubitta raises the dividend rate to 15%.
Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) has reduced the dividend percentage from 25% to 15% for fiscal year 2078/79. On Poush 25, the board of directors decided to distribute 20% bonus shares and 5% cash dividend (including tax) from the paid-up capital of Rs. 28.21 Crores. The company proposed a Rs. 5.64 crore bonus […]
Read More
Jeevan Bikas Laghubitta Calls AGM on Chaitra 30; Proposed Dividend of 33.15% Reduced to Only 14.999%
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has scheduled its 4th Annual General Meeting for 30th Chaitra, 2079. The meeting will be held in the company’s head office located at Katahari, Morang, starting at 10:30 PM that day. Among the other items on the agenda, the AGM will approve a 14.99% dividend for fiscal year […]
Read More
Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has reduced the dividend rate for fiscal year 2078/79 from 37.3684% to 33.15%. The 72nd meeting of the board of directors, held on Falgun 06, resolved to give a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares had […]
Read More
National Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79
The bonus dividend of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has been reduced from 38.5% to 34.45%. NMFBS proposed a Bonus Dividend of 38.5% for fiscal year 2078/79. The 141st board of directors meeting, held on Magh 9, proposed a 38.5% bonus from paid-up capital for fiscal year 2078/79. The company’s paid-up capital […]
Read More Modifies Bonus Dividend for Fiscal Year 2078/79){kind=link}
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 to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a […]
Read More