Corporate News

India makes exemption for Nepal, allows some refined palmolein imports

February 12, 2020- India, which restricted imports of refined palm oil and palmolein in January, has exempted Nepal and has started issuing licences to import some refined palmolein from the Himalayan nation, two government officials told Reuters.

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HIDCL, Power China to build 762MW Tamor reservoir project

Kathmandu, September 16- The Hydroelectricity Investment and Development Company Ltd (HIDCL) and state-owned Power China Corporation have jointly submitted a project development proposal at the Investment Board Nepal (IBN) to build the 762-megawatt Tamor reservoir project, which will cover Panchthar, Taplejung, Terhathum and Sankhuwasabha districts.

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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.

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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).

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Symbol % Change Last Price Turnover
SFCL 10.0000 462.0 78,688,918.0
SINDU 10.0000 429.0 78,625,090.0
SIFC 10.0000 550.0 100,400,295.0
KRBL 10.0000 396.0 53,269,463.0
ICFC 10.0000 682.0 265,958,864.0
Symbol % Change Last Price Turnover
SBCF -9.0909 10.0 731,026.0
NMBHF1 -7.1429 13.0 1,712,290.0
NIBSF1 -6.6667 14.0 1,204,345.0
NICL -4.1475 1,040.0 296,735,058.0
UMRH -2.8319 549.0 16,961,969.0
Symbol % Change Last Price Turnover
AHPC 9.1255 574.0 722,976,267.0
LBBL 9.9526 696.0 583,950,984.0
NHPC 9.9644 309.0 544,071,146.0
NRIC -0.6886 1,875.0 537,535,830.0
JBBL 9.7252 519.0 449,309,823.0