16pc interest rate cap on co-op loans
Kathmandu, August 2- The government, for the first time, has imposed a cap on the interest on loans floated by cooperatives to curb excessive interest rates charged by them, especially by savings and credit cooperatives.
Monetary Policy focuses on easing liquidity, promoting credit growth
Kathmandu, July 24- Nepal Rastra Bank today unveiled Monetary Policy for fiscal year 2019-20, with optimum focus on addressing issues of loanable funds crunch and credit growth in priority sector.
NRB begins process to offload its shares in Nepse Ltd
KATHMANDU, July 17: Nepal Rastra Bank (NRB) is offloading its shares in Nepal Stock Exchange Ltd (Nepse). Issuing a notice on Tuesday, the central bank said that it was divesting its stake in the country’s only stock exchange company.
Global IME and Janata Bank sign MoU for merger
KATHMANDU, July 6: Global IME Bank Ltd and Janata Bank Ltd have agreed to merge, becoming the first pair to announce their intent to amalgamate after the government took a formal policy to encourage ‘big’ merger through the budget for the upcoming fiscal year 2019/20.
Private sector seeks interest rate stability
Kathmandu, July 4 - As Nepal Rastra Bank (NRB) is preparing to unveil the Monetary Policy for fiscal year 2019-20 next week, the country’s private sector has said that the policy should primarily focus on ensuring stability in the banking interest rate and promoting business growth.
FinMin warns of growing risks posed by tech-driven financial services
KATHMANDU, July 3: Minister for Finance Yuba Raj Khatiwada has warned about the growing risks posed by the new and disruptive technologies in financial sector like fintech, artificial intelligence and technology-driven financial services.
NRB seeks commitment from commercial banks for mergers and acquisitions
Kathmandu, June 27- Nepal Rastra Bank today summoned chairpersons and chief executive officers of all 28 commercial banks in operation to discuss possible mergers and acquisitions in the future.
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Corporate News
Security audit of BFIs compulsory
Kathmandu, September 10- Nepal Rastra Bank (NRB) has made it mandatory for banks and financial institutions (BFIs) to conduct an audit of their information and technology (IT) system.
Read more ...Age limit set for CEOs, directors at BFIs
KATHMANDU: Nepal Rastra Bank has set an age bar for board of directors and chief executive officers of banks and financial institutions (BFIS).
Read more ...Sebon unveils policies and programs for FY 2019/20
KATHMANDU, July 16: The Securities Board of Nepal (Sebon) has unveiled a 72-point Policy and Program for Fiscal Year 2019/20 for the development of the securities and commodities exchange market.
Read more ...NRB seeks commitment from commercial banks for mergers and acquisitions
Kathmandu, June 27-Nepal Rastra Bank today summoned chairpersons and chief executive officers of all 28 commercial banks in operation to discuss possible mergers and acquisitions in the future.
Read more ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| SHIVM | 9.8990 | 544.0 | 20,343,219.0 |
| GURANS | 9.6154 | 456.0 | 187,070.0 |
| RADHI | 9.4488 | 139.0 | 168,362.0 |
| API | 9.1743 | 119.0 | 1,803,340.0 |
| KRBL | 8.9109 | 110.0 | 9,900.0 |
Market Summary
| Total Turnover Rs | 383,957,426 |
| Total Traded Shares | 1,377,946 |
| Total Transactions | 7,129 |
| Total Scripts Traded | 171 |
National News
- Trade deficit at Rs 1.21 trillion in first 11 months
- World Bank forecasts 5.9% growth for Nepal in FY2018/19
- India will continue its support in Nepal’s development activities: Adityanath
- World Bank approves energy credit to Nepal
- Reserve Bank of India unlikely to swap banned Indian notes lying in Nepal
- Govt keen to buy 935,000 tonnes of fertilisers from India
- Transition to federalism may cost 3-4% of GDP: WB
International News
- Indian envoy urges Nepal to reap benefits from India’s economic rise
- India to impose retaliatory tariffs on 28 U.S. goods from Sunday
- WTO chief stresses urgency of easing trade tensions to improve global economy
- Economic reforms in India will help Nepal, says NITI vice chair
- Trade war impact: 25% hike on China's imports to US can make Indian products competitive, says CII
- Trump says deal for young immigrants is ‘NO MORE’
Corporate Announcement
Dividend - Bank of Kathmandu
Kathmandu- The Meeting of Board of Directors of Bank of Kathmandu held on 2076-5-15 has proposed 6% bonus share and 11% cash dividendto its shareholders for the fiscal year 2075-76.
Read more ...Dividend - Kumari & NIC Asia Bank
August 28- 2019, The meeting of board of Directors of Kumari Bank has proposed 10% bonus dividend and cash equivalent to tax required for bonus share as dividend to the shareholders for the fiscal year 2075-76.
Read more ...Dividend - Citizen Bank International
August 27-2019, The meeting of Board of Directors of Citizen bank International has proposed 3% bonus and 12% cash as dividend from the net profit it has earned in the last fiscal year 2075-76.
Read more ...Dividend - First Micro Finance
August 12-2019: As per the notification, 154th meeting of the board of Directors of First Microfinance laghu bitta Bittiya Sanstha held on 2076-04-27 has proposed of 17% bonus and 0.8947% cash dividend from the profit of fiscal year 2075/76.
Read more ...Right Share of Surya Life Insurance
Surya Life Insurance Company has decided to call right share subscription.
Read more ...NCC Bank proposes 15.89% bonus share
Nepal Credit and Commerce Bank Limited (NCCB) has proposed 15.89% bonus share and 0.83% cash dividend for tax purpose
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