New NRB rule to hit banks’ lending capacity in short-run
KATHMANDU, Aug 17: A new rule introduced by Nepal Rastra Bank (NRB) that no longer allows bank and financial institutions (BFIs) to count interbank deposits for their credit to core capital-cum-deposit (CCD) ratio has made the situation worse for some commercial banks that are already facing shortage of lendable funds.
NRB issues circular to implement monetary policy
KATHMANDU, August 15 :Nepal Rastra Bank (NRB) has issued a circular to bank and financial institutions (BFIs) for implementing provisions related to house and auto loans ceiling as well as measures to send them to local units, among other provisions, announced in the Monetary Policy for Fiscal Year 2017/18.
Dev banks to be allowed to handle govt transactions in local units
KATHMANDU, August 14: Nepal Rastra Bank (NRB) is preparing to allow development banks to handle government transactions in local units after commercial banks showed reluctant to show their presence in all local units.
Nepal Rastra Bank opens licence for Infrastructure Development Bank
Kathmandu, August 11 - Nepal Rastra Bank (NRB) has opened the licence for Infrastructure Development Bank, which will have paid-up capital of Rs 20 billion.
SEBON issues code of conduct for BoDs
Kathmandu, August 4 - The Securities Board of Nepal (SEBON) has directed its Board of Directors (BoDs) not to invest in the promoter shares of any company that has received any kind of permission from the board and also to refrain from making any investment in the secondary market.
Fin Min Karki defends monetary policy
Kathmandu, July 31 - Finance Minister Gyanendra Bahadur Karki has defended the monetary policy, which has been widely criticized for its likelihood to shrink investment, stating that the policy would in fact be a road map for economic development.
NRB to introduce guideline on operation of interest corridor soon
Jul 29, 2017- The Nepal Rastra Bank (NRB), the central bank, is soon introducing a guideline to commence operation of the refurbished interest rate corridor, which aims to keep all interest rates in the banking system within a band of 3 percent to 7 percent in the fiscal year 2017-18 which began on July 16.
More Articles ...
Corporate News
Parliament body asks govt to solve problem of multiple taxation
KATHMANDU, Aug 15: Parliament’s Finance Committee on Tuesday issued directions to the government to take the lead in solving the chronic problem of multiple taxation by the three tiers of government, as well as the exorbitant hike in tax rates.
Read more ...Trade deficit surged five-fold in last decade
Kathmandu, August 5 - The country’s trade deficit jumped five folds in the last decade as imports have been skyrocketing and exports have slowed to a crawl in the review period.
Read more ...Commercial banks yet to reach 122 local units
KATHMANDU, July 29: According to the latest data of the Nepal Rastra Bank (NRB), commercial banks have opened their branch offices in 631 local units so far, leaving 122 local units without their coverage.
Read more ...Currency war can end global US dollar dominance & those who own gold have power
MOSCOW, June 24: The world is facing a currency war and the only hedge against the crash of the US dollar is real gold, a precious metal analyst has told RT. With geopolitical power shifting from West to East, US dominance may be ending.
Read more ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| NEF | 12.5000 | 9.0 | 18,723.0 |
| NMBHF1 | 11.1111 | 10.0 | 34,721.0 |
| BNT | 8.0961 | 6,075.0 | 12,089,050.0 |
| UNL | 6.1122 | 23,975.0 | 705,250.0 |
| CORBL | 6.0000 | 106.0 | 330,150.0 |
Market Summary
| Total Turnover Rs | 459,686,112 |
| Total Traded Shares | 1,375,602 |
| Total Transactions | 6,515 |
| Total Scripts Traded | 166 |
National News
- Govt keen to buy 935,000 tonnes of fertilisers from India
- Transition to federalism may cost 3-4% of GDP: WB
- Nation facing economic crisis ahead, says FM Khatiwada
- Nepal’s bid to remain among the poorest succeeds
- Local units liable for their expenditure
- WB approves $80m credit to support livestock development
- UN experts stress action on sustainable dev
International News
- 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’
- Rejecting protectionism, ASEAN and Australia commit to free trade
- EU targets 20 nations for helping tax avoidance
- Rasuwagadhi-Kerung becomes int’l crossing point
- India’s central bank governor says state banks need more capital
Corporate Announcement
Unilever launches new laundry soap
KATHMANDU, Aug 7: Unilever Nepal Limited has launched a new laundry soap named 'Wheel 2 in 1' in the Nepali market.
Read more ...Book Closure of Surya Life for Right Shares
Surya Life Insurance Company Ltd. has informed NEPSE on 2074-12-27 about the Book Closure notice for issuing Rights Share. Surya Life has announced 40% right share issuance.
Read more ...UNL’s CSR initiative
KATHMANDU: Every year, March 20 is celebrated as World Oral Heath Day on the initiation by World Dental Federation.
Read more ...Bonus shares of SCB and JBBL
Kathmandu, December 10 - As per the information from NEPSE, the Board of Directors of Standard Chartered Bank (SCB) has proposed 100% stock dividend and 5.26% cash dividend to its shareholders from its performance of fiscal year 2073-74.
Read more ...Everest Bank Dividend
KATHMANDU, Nov 18: Everest Bank Ltd has decided to issue 33 percent bonus shares. The bank's board of directors approved the issuance of bonus shares on Thursday.
Read more ...Dividend Announcerment of Himalayan Bank
KATHMANDU: Nov 01 - The meeting of the board of directors of Himalayan Bank Ltd (HBL) held on Tuesday has decided to provide 25 per cent bonus share and 1.3158 per cent cash dividend (for tax purpose) to its shareholders from the net profit it had earned in the fiscal year 2073-74, as per a press statement.
Read more ...