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Sabottam Cement IPO Allotment: Awaiting Lucky Winners through Friday's Lottery System 7
Business | Market | Economy, IPO | FPO

Sabottam Cement IPO Allotment: Awaiting Lucky Winners through Friday’s Lottery System

The IPO allotment process for Sabottam Cement, a prominent cement company, is set to conclude on Friday. Lucky applicants who successfully secure shares will receive an allotment of 50 units each through a lottery system. This eagerly anticipated event marks a significant step in the company’s public offering, providing an opportunity for investors to become

NEPSE Introduces New Classification System for Listed Companies 9
NEPSE NEWS

NEPSE Introduces New Classification System for Listed Companies

NEPSE has introduced a new classification system for listed companies, dividing them into groups A, B, G, and Z. This system aims to offer investors and stakeholders a clearer understanding of companies based on their financial status, performance, and governance. In the A category, which includes 31 companies, NEPSE has identified firms with a minimum

Nepal Rastra Bank is managing excess liquidity through ongoing withdrawals from the banking system 13
Business | Market | Economy

Nepal Rastra Bank is managing excess liquidity through ongoing withdrawals from the banking system

Amidst a surge in liquidity, the central bank is actively withdrawing deposits from banks and financial institutions, having withdrawn a substantial 105 arba rupees in the month of Poush alone. Despite these efforts, the average interest rate for deposits has moderately increased from 2.4784% to 2.8594% between Poush 1 and Poush 11. While managing liquidity,

Decrease in Interbank Interest Rate Indicates Heightened Liquidity in Nepal's Banking System 23
Business | Market | Economy

Decrease in Interbank Interest Rate Indicates Heightened Liquidity in Nepal’s Banking System

The banking sector in Nepal has recently witnessed a decrease in the interbank interest rate, indicating an increase in liquidity within the system. According to data provided by Nepal Rastra Bank, the interbank interest rate of banks has fallen below 1 percent. Specifically, on Ashad 27, the interbank interest rate remained stable at 0.83 percent.

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