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Insurance board frets over lapse ratio
Kathmandu, March 31, The Insurance Board has expressed concerns about the lapse ratio of insurance policies sold by the life insurers in the country.
Banks asked to set up branches in all local bodies
Kathmandu, March 28 - Nepal Rastra Bank (NRB) has instructed the commercial banks to establish branches in every local unit where there is no bank branch, within this fiscal. Out of 753 local units, there are bank branches in only 394 local units till date.
FinMin calls on SAARC members to invest in Nepal
Kathmandu, March 18 - Minister for Finance Yubaraj Khatiwada today urged the private sector of SAARC member states to invest in Nepal and made a commitment that the government of Nepal will adopt all means possible to facilitate businesses in the country.
World Bank report calls for change in Nepal’s development model
KATHMANDU, March 14: The World Bank has made public its Nepal Systematic Country Diagnostic (SCD) report, recommending six areas where action is required to give an impetus to growth, to accelerate poverty reduction, to address sources of fragility, and to reduce vulnerability.
Sebon asks CDSCL to defer C-ASBA implementation for a month
KATHMANDU, Jan 25: Securities Board of Nepal (Sebon) has instructed CDS and Clearing Ltd to defer the implementation of Centralized Application for ASBA-based Issuance (C-ASBA) by a month.
SEBON seeks annual, financial reports
Kathmandu, January 14 - The Securities Board of Nepal (SEBON) — the capital market regulator of the country — has directed the Nepal Stock Exchange (Nepse) and listed firms in the secondary market to submit their annual and financial reports as soon as possible.
WB revises growth to 4.6% for this year
KATHMANDU Jan 11: The World Bank Group has revised down the growth forecast for Nepal by nearly one percentage point to 4.6 percent for the current fiscal year 2017/18.
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Corporate News
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.
Read more ...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 ...| Symbol | % Change | Last Price | Turnover |
|---|---|---|---|
| NEF | 14.2857 | 8.0 | 107,211.0 |
| NIBSF1 | 12.5000 | 9.0 | 168,800.0 |
| GGBSL | 7.5188 | 286.0 | 22,380.0 |
| NLG | 4.7872 | 591.0 | 1,746,032.0 |
| BFC | 4.4444 | 94.0 | 70,645.0 |
Market Summary
| Total Turnover Rs | 182,994,905 |
| Total Traded Shares | 998,000 |
| Total Transactions | 3,578 |
| Total Scripts Traded | 160 |
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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