Stock related news & regulations of Nepal Rastra Bank

Jan.14, KATHMANDU: Nepal Rastra Bank (NRB) on Monday directed banks and financial institutions to submit details of all loans and credit facilities approved by the latter.

Also, the monetary authority issuing a notice asked all ‘A’, ‘B’ and ‘C’ category banks and financial institutions to provide it information on loans outstanding beyond the 90-day-repayment deadline. The BFIs must notify the centre if loans are not repaid within 15 days after the end of each quarterly period, the notice read.

According to NRB Executive Director Narayan Poudel, the regulator has also directed banks to furnish it with updates in loan clearance, repayment deadline extension and re-tabulation and payment status within 15 days from the date of change.

Source: The Himalayan Times

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.

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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.

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Age limit set for CEOs, directors at BFIs

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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.

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Symbol % Change Last Price Turnover
SLICL 9.9644 309.0 13,943,985.0
HGI 9.9265 299.0 8,156,140.0
SIC 9.9156 521.0 4,882,471.0
HURJA 9.8039 112.0 661,680.0
IGI 9.7973 325.0 4,077,004.0
Symbol % Change Last Price Turnover
GURANS -4.7718 459.0 1,209,616.0
STC -4.6095 1,490.0 4,869,310.0
UNL -3.9374 17,542.0 354,420.0
DHPL -3.4483 56.0 62,649.0
GMFIL -3.4483 112.0 2,260.0
Symbol % Change Last Price Turnover
SWBBLP 0.0000 582.0 82,852,031.0
DDBL 3.0928 900.0 41,714,380.0
NMB 0.5063 397.0 38,255,443.0
NLIC 3.3898 915.0 37,063,002.0
NBL 0.0000 314.0 20,823,318.0