August 28, 2017- Deva Bikas Bank Ltd. has informed NEPSE on 2074-05-12 that the BOd meeting of the company held on 2074-05-11 has decided to propose 17.1% stock dividend

and 0.9% cash dividend (for tax purpose) to its shareholders subject to the approval of NRB and its upcoming AGM.

Similarly, NMB Capital Ltd. has informed NEPSE on 2074-05-12 that the BOD meeting of the company held on 2074-05-11 has decided to propose 21.0563% cash dividend (including tax) to the unit holders of NMB Sulav Investment Fund-1.

Corporate News

High lending rates pose threat to productive sector

Kathmandu, May 1 - One-and-a-half years ago, Bhim Lal Poudel, the owner of Royal Shoe, rapidly expanded business operation, raising the factory’s staff strength by around 50 per cent to 225. A critical factor that encouraged Poudel to increase production of shoes was low interest rate on loans.

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Letter of Credit to be made mandatory for trade with India, China

KATHMANDU, April 18: Nepali traders will have to start using banking channel for making or receiving payments from traders in China and India very soon.

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Trade experts debate fourth industrial revolution

Kathmandu, April 3, As the world has been witnessing the fourth industrial revolution, which is largely related with artificial intelligence and the internet of things, this progress could bring transformative changes in the economic development of the least developed countries (LDCs) if they are able to access advanced technologies.

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Banks have three days to submit plan to reach all unbanked units

KATHMANDU, March 22: Nepal Rastra Bank (NRB) has told commercial banks to come up within three days commitment to open branch offices in 116 local units where they have become reluctant to expand their presence so far.

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Symbol % Change Last Price Turnover
MMFDB 9.9682 2,769.0 2,128,159.0
JSLBB 6.9519 3,000.0 2,619,133.0
HDL 6.5071 1,424.0 1,539,790.0
WOMI 6.2250 1,860.0 15,646,153.0
NBBL 5.5074 2,433.0 1,412,436.0
Symbol % Change Last Price Turnover
NIBPO -100.0000 0.0 1,120.0
WMBF -4.3103 111.0 171,350.0
MLBBL -3.9106 1,032.0 1,264,405.0
SIFC -3.8136 227.0 520,238.0
SFFIL -3.4247 282.0 21,053.0
Symbol % Change Last Price Turnover
WOMI 6.2250 1,860.0 15,646,153.0
NTC 1.0499 770.0 8,293,095.0
GBIME -0.3195 312.0 7,832,051.0
NIB 0.6144 655.0 7,779,303.0
SCB -0.6083 817.0 7,498,280.0