Year

Falgun NAV Report Is Published By Mega Mutual Fund 1; NAV Is Rs 8.25 1
Business | Market | Economy

Falgun NAV Report Is Published By Mega Mutual Fund 1; NAV Is Rs 8.25

The “Mega Mutual Fund 1 (MMF1)” NAV report for the month of Falgun has been released. “Mega Mutual Fund 1” is a closed-end fund with a 10-year maturity period. The fund size for the initial issue was Rs. 1.25 Arba. The fund has invested Rs. 83.86 crores in Falgun’s listed shares. Non-listed shares were worth […]

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Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba. 3
Business | Market | Economy

Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.

Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80. According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba […]

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Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas 5
Dividend

Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas

  Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu. Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The […]

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SEBON Approves Mahalaxmi Debenture 2089 at 11% 7
Business | Market | Economy

SEBON Approves Mahalaxmi Debenture 2089 at 11%

On Chaitra 05, 2079, the Securities Board of Nepal (SEBON) authorized the “11% Mahalaxmi Debenture 2089.” Mahalaxmi Bikas Bank Limited (MLBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. During a period of ten years, the bank will give an interest rate of 11% on the debenture. Out of the total […]

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All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report. 11
Business | Market | Economy

All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report.

  . The financial highlights for the month of Falgun have been published by NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital. The period’s NAV was Rs. 10.73, which was lower than the previous month’s NAV of Rs. 11.26. The scheme started with a Rs. 75.50 crore […]

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Nepal SBI Bank's bonus shares worth 29.47 lakh have been listed for trading on the NEPSE. 13
NEPSE NEWS

Nepal SBI Bank’s bonus shares worth 29.47 lakh have been listed for trading on the NEPSE.

Nepal SBI Bank Limited (SBI) has listed 29,47,755.9338 unit bonus shares on NEPSE. On the 25th of Poush, 2079, the company held its 29th AGM for the fiscal year 2078/79. For fiscal year 2078/79, the board of directors approved a 10.53% dividend of Rs. 1.03 Arba. On Mangsir 12, 2079, the 492nd board of directors […]

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For Fiscal Year 2078/79, Mahuli Laghubitta raises the dividend rate to 15%. 15
Dividend

For Fiscal Year 2078/79, Mahuli Laghubitta raises the dividend rate to 15%.

  Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) has reduced the dividend percentage from 25% to 15% for fiscal year 2078/79. On Poush 25, the board of directors decided to distribute 20% bonus shares and 5% cash dividend (including tax) from the paid-up capital of Rs. 28.21 Crores. The company proposed a Rs. 5.64 crore bonus […]

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How to Renew Driving License in Nepal
Government Related

How to Renew Driving License in Nepal

You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to […]

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Jeevan Bikas Laghubitta Calls AGM on Chaitra 30; Proposed Dividend of 33.15% Reduced to Only 14.999% 18
Dividend

Jeevan Bikas Laghubitta Calls AGM on Chaitra 30; Proposed Dividend of 33.15% Reduced to Only 14.999%

Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has scheduled its 4th Annual General Meeting for 30th Chaitra, 2079. The meeting will be held in the company’s head office located at Katahari, Morang, starting at 10:30 PM that day. Among the other items on the agenda, the AGM will approve a 14.99% dividend for fiscal year […]

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