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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

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Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years Business | Market | Economy

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

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Nabil Balanced Fund 2, NBF3, and Nabil Flexi Cap Fund Performance Business | Market | Economy

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

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NEPSE Introduces New Classification System for Listed Companies NEPSE NEWS

NEPSE Introduces New Classification System for Listed Companies

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CBBL Q2 Report Shows 21.55% Net Profit Drop; EPS at Rs. 29.30 Business | Market | Economy

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

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

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

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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) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores

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Arun Valley Hydropower Announces 100% Right Share Issuance Dividend

Arun Valley Hydropower Announces 100% Right Share Issuance

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

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

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

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

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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. 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 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.

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

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

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