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Corporate News

Banks race to issue debentures to reduce reliance on deposits

KATHMANDU, March 28: Many banks are opting for debenture as an instrument to collect funds as part of their efforts to address the shortage of lendable fund.

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Country’s forex reserves slump to 32-month low

Kathmandu, December 24- Nepal’s foreign exchange reserves have slumped to a 32-month low despite robust growth in remittance income and downward revision in foreign exchange facility for Nepalis visiting overseas, raising the spectre of the country facing a balance of payments crisis if the problem continues to grow.

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Doha Bank opens representative office in Nepal

Kathmandu, December 19 - Doha Bank, one of the largest commercial banks in Qatar, has opened its liaison office in Nepal as per the permission granted by the central bank about six months ago.

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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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Symbol % Change Last Price Turnover
EIC 9.5975 354.0 112,968.0
GILB 5.4054 1,170.0 1,411,640.0
UNL 4.0349 18,977.0 565,590.0
SCB 3.9531 710.0 38,144,963.0
SFFIL 3.6364 228.0 9,000.0
Symbol % Change Last Price Turnover
NIBSF1 -10.0000 9.0 28,230.0
MHNL -5.2083 91.0 57,778.0
NHPC -4.1667 69.0 1,043,015.0
SMATA -3.9063 1,230.0 254,270.0
DDBL -3.8849 668.0 5,603,455.0
Symbol % Change Last Price Turnover
NBL -1.2739 310.0 93,640,962.0
CBL -0.5814 171.0 40,395,858.0
PRVU -1.4337 275.0 38,848,508.0
NICA -2.0243 484.0 38,809,690.0
SCB 3.9531 710.0 38,144,963.0