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Tag: Unveils

Central Bank Unveils First Quarterly Monetary Policy Reforms: Highlights of Key Changes in Banking Sector 1
April 6, 2024

Central Bank Unveils First Quarterly Monetary Policy Reforms: Highlights of Key Changes in Banking Sector

r/NepalStock

Central Bank Unveils First Quarterly Monetary Policy Reforms: Highlights of Key Changes in Banking Sector View on r/NepalStock by ggg_deep

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Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years 3
March 3, 2024

Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years

Business | Market | Economy

Citizens Bank International Limited (CZBIL) is launching a home loan scheme featuring a fixed interest rate of 9.99% for the initial seven years, providing customers…

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Nabil Balanced Fund 2, NBF3, and Nabil Flexi Cap Fund Performance 5
February 26, 2024

Nabil Balanced Fund 2, NBF3, and Nabil Flexi Cap Fund Performance

Business | Market | Economy

The Nabil Balanced Fund 2 (NBF2) is a 10-year closed-end mutual fund scheme, and its Net Asset Value (NAV) report for the month of Magh…

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NEPSE Introduces New Classification System for Listed Companies 7
February 16, 2024

NEPSE Introduces New Classification System for Listed Companies

NEPSE NEWS

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…

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CBBL Q2 Report Shows 21.55% Net Profit Drop; EPS at Rs. 29.30 9
February 7, 2024

CBBL Q2 Report Shows 21.55% Net Profit Drop; EPS at Rs. 29.30

Business | Market | Economy

  Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) released its second-quarter report for FY 2080/2081, revealing a 21.55% decline in net profit. The net profit dropped…

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SuryaJyoti Life Insurance Shines with 62.93% Net Profit Surge in Q2; EPS Reaches Rs. 10.41 11
February 5, 2024

SuryaJyoti Life Insurance Shines with 62.93% Net Profit Surge in Q2; EPS Reaches Rs. 10.41

Business | Market | Economy

  SuryaJyoti Life Insurance Company Limited (SJLIC) has revealed impressive second-quarter results for the fiscal year 2080/2081, displaying a significant 62.93% increase in net profit….

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Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores 13
January 29, 2024

Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores

Business | Market | Economy

Ridi Power Company Limited (RIDI) has disclosed the book closure date for its upcoming 50% right shares, set for the 22nd of Magh, 2080. Shareholders…

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Arun Valley Hydropower Announces 100% Right Share Issuance 15
January 18, 2024

Arun Valley Hydropower Announces 100% Right Share Issuance

Dividend

Arun Valley Hydropower Development Company Limited (AHPC) has announced that the book closure date for its 100% right shares is set for the 15th of…

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Sarbottam Cement Reports 55.61% Dip in Q4 Net Profit, Unveils IPO Plans Amid Financial Update 17
January 2, 2024

Sarbottam Cement Reports 55.61% Dip in Q4 Net Profit, Unveils IPO Plans Amid Financial Update

IPO | FPO

Sarbottam Cement Limited has recently unveiled its financial performance for the fourth quarter of the fiscal year 2079/2080, revealing a significant 55.61% decline in net…

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Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance 19
January 1, 2024

Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance

Dividend

Singati Hydro Energy Limited (SHEL) has announced the book closure date for its upcoming issuance of 100% right shares, set for the 22nd of Poush,…

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Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor's report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM. 21
December 24, 2023

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM.

Dividend

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set…

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"First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution" 23
December 17, 2023

“First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution”

Dividend

First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has announced its 14th Annual General Meeting (AGM) scheduled for the 28th of Poush, 2080. The meeting is…

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