A founding shareholder of Sanima Bank Limited has opened sale of shares in his name from today. The 25 million shares in the name of founder Dr. Niraj Govind Shrestha are about to be sold. Founders wishing to purchase shares can apply at Sanima Bank’s head office in Kathmandu within 35 days of June 20…
Today is the last day to secure 11.58 percent dividend of Nepal Insurance Limited. The company will book-close the shares for the purpose of general meeting and dividend from Tuesday, May 30 to May 30. According to company, only the shareholders who have been trading in Nepse till Monday, May 29 will get the company’s…
There has been some improvement in the financial sector. Looking at the financial situation of the last one week, both deposits and loans have improved. According to the Nepal Bankers Association (NBA) data from April 26 to April 30, both deposits and credit investments of commercial banks have increased. Deposits of commercial banks have increased…
The Nepalese rupee has historically weakened. The Nepali rupee has been weak so far as the US dollar has appreciated. The Indian currency is weakening due to the effects of the Russia-Ukraine war. When the Indian rupee weakens, the Nepali...
One person has been arrested while breaking into an ATM of NIC Asia Bank. A team deployed by the Metropolitan Police Circle, Maligaun, has arrested Akash Tamang, 21, of Gaucharan along with two tools used to break into an ATM....
It has become impossible to issue checks on imports through the customs office where electronic payment system has been implemented. The central bank has made the provision by amending the Unified Circular 2076 issued by the body licensed to trade...
Nepal Rastra Bank Limited is going to invest Rs. 286 million in term deposits. The bank has informed in a notification that the amount in various funds of the bank will be invested in term deposits of banks and financial...
The 14th Annual General Meeting of Sunrise Bank has been concluded. The meeting was held at Amrapali Banquet, Baluwatar, Kathmandu on Thursday. The meeting has passed a resolution to distribute 6.65% bonus share and 0.35% cash dividend to pay taxes...
Three people, including Chief Executive Officer (CEO) Navin Subedi, have been arrested in connection with a Rs 160 million scam involving Saptakoshi Development Bank. Nepal Police have arrested Subedi, Bank Finance Chief Devi Prasad Bhandari and Operations Chief Amit Thapa...
Sunrise Bank and Swavalamban MFI have called a general meeting on Thursday. Sunrise Bank has informed that Amrapali Bacvent will start at 10:30 AM in Baluwatar. The meeting will pass a resolution to distribute 6.65 percent bonus shares and 0.35...
