Chhyangdi Hydropower Limited Rights Shares Listed on NEPSE: Here’s What You Need to Know! Exciting news for investors! Chhyangdi Hydropower Limited has had its rights shares officially listed on the Nepal Stock Exchange (NEPSE). This is a significant development for shareholders and the hydropower company itself. A total of 38,69,775 units of shares have been […]
Microfinance Dividend Policy Update: What Investors Need to Know Nepal Rastra Bank (NRB) has recently updated its dividend policy for microfinance institutions (MFIs) in Nepal, sparking considerable interest among investors and financial analysts. This update, part of the Integrated Directive, 2081, significantly impacts how microfinance companies can distribute profits to their shareholders. This article dives
Everest Bank’s Stellar Performance: Q4 Report Reveals Impressive Results! Everest Bank Limited has just released its unaudited financial results for the fourth quarter of the fiscal year 2081/82, and the numbers are definitely worth taking a look at! This financial news is particularly relevant for anyone following the Nepalese banking sector and looking for investment
NMB Microfinance Soars to Profit: Q4 Results Show Impressive Turnaround! NMB Microfinance, a prominent player in the microfinance sector, has announced a remarkable turnaround, transitioning from a loss in the previous fiscal year to a significant profit in the recently concluded financial year. The unaudited financial statements for the fourth quarter reveal a strong performance,
Aatmanirbhar Laghubitta Soars: Microfinance Institution Sees Massive Profit Surge in Fiscal Year 2080/81 Q4! Aatmanirbhar Laghubitta Bittiya Sanstha Limited, a leading microfinance institution in the region, has reported a phenomenal turnaround in its financial performance for the fourth quarter (Q4) of fiscal year 2080/81. The company’s net profit has skyrocketed, showcasing a remarkable 218.64% increase!
Mutual Fund Performance Update: Nabil Investment Banking Funds See Rise in Net Asset Value (NAV) and Profits Hey investors and finance enthusiasts! We’ve got an exciting update from the world of mutual funds in the Nepalese market. Nabil Investment Banking, a leading player in the investment management space, has released its latest performance figures, and
Microfinance Mayhem? What the Dividend Cap Revision Means for Nepal’s Microfinance Sector Hey everyone! Welcome back to Bajarko Chirfar, your go-to source for the latest insights into Nepali finance! Today, we’re diving deep into a hot topic that’s got the microfinance world buzzing: the potential revision of the 15% dividend limit imposed by the Nepal
Auction for the unclaimed portion of Arun Valley Hydropower Development Company Limited’s (AHPC) right shares commences today, on the 10th of Baisakh, 2081, and will run until the 24th of Baisakh, 2081. A total of 19,92,134 units of ordinary right shares will be up for auction, representing the unclaimed segment of the rights offering. AHPC had issued a 1:1 ratio right share from the 17th of Falgun to the 7th of Chaitra, 2080. Among the total right shares issued, only 1,66,87,492 (89.34%) units were allotted to eligible shareholders, leaving 10.66% unclaimed by eligible investors. Consequently, the same 19,92,134 units of […]
Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]
The Nepal Stock Exchange (NEPSE) Index marked a modest gain of 0.62%, adding 12.29 points to settle at 1,984.43 points by the closing bell today, bouncing back from the previous session’s loss of 19.56 points. Commencing at 1,972.92, the trading day displayed fluctuations, hitting an intraday high of 1,984.46 before sliding to an intraday low of 1,953.29. In a vibrant trading atmosphere, 310 different stocks were traded in 47,117 transactions. The total share volume amounted to 6,393,245, reflecting a total turnover of Rs. 2.25 Arba. Market capitalization wrapped up at Rs. 31.46 Kharba, with a float market capitalization of Rs. […]
Today, the price of the precious yellow metal has soared by Rs. 700 per tola compared to yesterday’s trading figures, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current rate for fine gold stands at Rs. 1,37,500 per tola, marking a notable increase from yesterday’s trading rate of Rs. 1,36,800 per tola. Similarly, Tejabi gold is now priced at Rs. 1,36,850 per tola, indicating a Rs. 700 surge from yesterday’s price of Rs. 1,36,150 per tola. April 12th, 2024, saw a historic peak for fine gold, hitting an all-time high of Rs. 1,39,000 per tola. […]
In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to
As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn
As the New Year 2081 dawns upon us, FD Motors extends warm wishes to all Nepalis, spreading joy, peace, and prosperity worldwide. To mark this auspicious occasion, FD Motors is delighted to announce an exclusive offer for its esteemed customers, providing an exciting opportunity to own the highly acclaimed F5 A Pro scooter. This special
Ridi Power Company Limited (RIDI) has initiated the auction of the unclaimed portion of its right shares starting from the 29th of Chaitra, 2080, with the auction set to conclude on the 9th of Baisakh, 2081. The company aims to sell 11,35,657 units of ordinary right shares, representing the unclaimed segment from its recent rights
