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National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount. 1
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. 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 […]

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NEPSE drops 16.67 points to settle at 1,871.88; intraday turnover falls to Rs. 92.02 crores. 5
NEPSE NEWS

NEPSE drops 16.67 points to settle at 1,871.88; intraday turnover falls to Rs. 92.02 crores.

  The NEPSE index closed at 1,871.88 today, down 16.67 points from the previous trading day’s close. This represents a 0.88% decrease. Yesterday, the index dropped 20.00 points. The index began the day at 1,888.61 and reached an intraday high of 1,891.76. In contrast, it dropped as low as 1,866.16 before closing at 1,871.88.  

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NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta 7
NEPSE NEWS

NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta

On the 9th Magh, the firm had its 25th AGM for the fiscal year 2078/79 and approved a 6.316% dividend. At its 127th board meeting, the business requested a 6.316% dividend on its paid-up capital of Rs. 1.70 Arba. There was a proposal for 6% bonus shares worth Rs 10,20,99,085 and a 0.316% cash dividend […]

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Siddhartha Premier Insurance's 2.8 crore unit shares have been listed for trading on the NEPSE. 9
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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For fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend. 11
Business | Market | Economy

For fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend.

  For the fiscal year 2078/79, Kamana Sewa Bikas Bank Limited (KSBBL) has proposed a dividend of 4.64%. The dividend will be paid from the company’s paid-up capital of Rs.3.14 Arba. A cash dividend of 0.23% and 4.41% bonus shares have been proposed. KSBBL has an LTP of Rs. 313 as of this writing. The […]

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The Shangrila Development Bank meets. 13
Dividend

The Shangrila Development Bank meets.

  Mr. Ujjwal Satyal, Mr. Sushil Kaji Baniya, and Mr. Sujan Siddhi Bajracharya from the promoter’s group were elected, as were Ms. Lisa Sherchan, Mr. Ganga Sagar Dhakal, and Mr. Naresh Dhungana from the public shareholder group. The bank’s network currently includes 112 branches and 30 ATM booths.

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On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District. 15
IPO | FPO

On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.

Dolti Power Company Limited has distributed IPO shares to Dailekh District residents affected by the project. The allotment program came to an end on Chaitra 20, 2079. The company’s issued capital is Rs. 53.64 crores, of which 10%, or 536,486 unit shares worth Rs. 5.36 crores, were allocated to project-affected Dailekh District residents. Meanwhile, 20% […]

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Nerude and Mirmire Laghubitta Sign Merger Agreement 17
Business | Market | Economy

Nerude and Mirmire Laghubitta Sign Merger Agreement

  According to the Nepal Stock Exchange, the final merger agreement between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has been completed and approved (MEPSE). Poush 11, where the chairman of both organizations signed a memorandum of understanding for merger, the companies had signed a memorandum of understanding for […]

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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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