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.

With this the paid up capital of the exceeds 8.o arab. The proposal of BOD is subject to approval from Nepal Rastra Bank and Annual General Meeting of the Bank.

Similarly , the Board of Directors of Jyoti Bikash Bank (JBBL) has proposed 10% stock dividend dividend to its shareholders from the net earnings of fiscal year 2073-74. With this bonus share and acquisition of Raptibheri Bikash Bank. The paid up capital of the development bank exceeds the requirement set by the Nepal Rastra Bank for National Level development bank.

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.

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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.

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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.

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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.

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Symbol % Change Last Price Turnover
NIBLPF 12.5000 9.0 11,773.0
UFL 7.9470 163.0 110,317.0
SINDU 5.1724 122.0 72,000.0
SFFIL 3.9370 264.0 13,150.0
NSEWA 3.8674 564.0 11,170.0
Symbol % Change Last Price Turnover
KPCL 121.0 160,570.0
PMHPL -5.5556 136.0 1,774,960.0
SHL -2.8571 238.0 2,996,040.0
HDL -2.0000 1,470.0 295,000.0
DHPL -1.9608 100.0 2,000.0
Symbol % Change Last Price Turnover
MEGA 0.5025 200.0 16,444,458.0
NICA 0.9368 431.0 15,126,056.0
NMB 2.2989 356.0 13,836,938.0
JBNL 2.7322 188.0 12,000,455.0
NLIC -0.8529 930.0 11,667,641.0