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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. 5
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

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.

NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More 15
NEPSE NEWS

NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More

This week’s NEPSE index closed at 1,908.55, down 6.59 points (0.34%). Last week, the index closed at 1,915.14, up 0.94% from the previous week. This week, the index reached a high of 1,936.43 and a low of 1.864.99, resulting in 71.44 points of volatility. In the previous week, the index experienced volatility of 55.81 points.

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 17
Dividend

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

The Sagarmatha Jalbidhyut Company's Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each. 19
IPO | FPO

The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.

Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters. Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and

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