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Commercial Bank Fixed Deposit Interest Rates Remain Unchanged 1
Business | Market | Economy

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 meeting was attended by the CEOs and representatives of all commercial banks to review the interest rate beginning on Chaitra 1. Savings interest rates currently range from 6.42 percent to […]

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Gold and silver prices fell for the third day in a row. 3
Gold | Silver | Forex Business | Market | Economy

Gold and silver prices fell for the third day in a row.

  The price of gold has decreased by Rs. 500 per tola today. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 101,000 per tola. In the last three days, the price of gold has decreased by Rs 1,800 per tola. […]

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Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend 5
Dividend

Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend

Himalayan Everest Insurance Limited (HEI) has scheduled its 29th annual general meeting for Chaitra 29, 2079. The meeting will begin at 11 a.m. that day at the Baneshwor Banquet in Thapagaun. Among the other items on the agenda, the AGM will approve a 2.89% dividend for fiscal year 2078/79. The 297th meeting of the board […]

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Menchhiyam Hydropower IPO closes today for Nepalese working abroad. 7
IPO | FPO

Menchhiyam Hydropower IPO closes today for Nepalese working abroad.

Menchhiyam Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today, the 25th of Falgun, and has extended the IPO issue deadline for project-affected locals until the 9th of Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079. The company’s issued capital […]

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The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70. 9
NEPSE NEWS

The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70.

  SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 7.85 crores closing at a market price of Rs. 455 per share. Shuvam Power Limited (SPL) gained the highest 9.98% and technically hit positive for the day. Conversely, Siddhartha Investment Growth Scheme – 2 (SIGS2) lost the highest 5.81% […]

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Last Day to Claim Chhimek Laghubitta's Proposed 25.26% Dividend 11
Dividend

Last Day to Claim Chhimek Laghubitta’s Proposed 25.26% Dividend

Today is the last day to claim Chhimek Laghubitta Bittiya Sanstha Limited’s proposed dividend of 25.26%. (CBBL). On Chaitra 10, 2079, the company called its 21st AGM. The meeting will begin at 11 a.m. that day in Hetauda, Makawanpur. Among the other items on the agenda, the AGM will approve a 25.26% dividend for fiscal […]

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NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL. 13
NEPSE NEWS

NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL.

NEPSE has listed 5,63,558 unit bonus shares of ICFC Finance Ltd (ICFC). On Poush 29, 2079, the firm had its 19th AGM for the fiscal year 2078/79. The board of directors approved a 10% dividend for fiscal year 2078/79. On Mangsir 14, the board of directors resolved to issue the dividend on the paid-up capital […]

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The final merger procedure between Sana Kisan Bikas and RMDC Laghubitta has been completed the swap ratio has been set at 1:0.87. 15
Business | Market | Economy

The final merger procedure between Sana Kisan Bikas and RMDC Laghubitta has been completed the swap ratio has been set at 1:0.87.

The ultimate merger procedure has been completed between Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC). On Bhadra 31, 2079, the firms signed a merger agreement. Similarly, the share exchange ratio between Sana Kisan and RMDC has been determined to be 1:0.87. Investors who now own 100 shares […]

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Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79 17
Dividend

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 […]

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Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years 19
Dividend

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years

The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit. Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited […]

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