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Last Day to Grab 27% Dividend of Asian Life Insurance (ALICL)

Asian Life Insurance Company Limited (ALICL) has called its 13th AGM on 21st Magh, 2078. The meeting will be held virtually. Among other agendas, the AGM will endorse a 27% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Kartik 30 decided to distribute the ...

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Chhyangdi Hydropower (CHL) Issuing 10: 3 Rights Offering From Today

Chhyangdi Hydropower Limited (CHL) is issuing its 10:3 ratio rights offering from today, i.e. 11th Magh. The issue will conclude on 2nd Falgun, 2078. A total of 8,93,025 shares are being issued to eligible shareholders at a par value of Rs. 100 per unit, which will raise a total capital of Rs. ...

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NMB Bank Limited Reports Slight Decline In Core Business Revenue In Q2

NMB Bank Limited (NMB) has published its second-quarter report for the FY 2078/2079 with an increment in Net Profit by 6.04%. The bank’s net profit has increased from Rs. 1.61 Arba in the second quarter of FY 2077/2078 to Rs. 1.71 Arba in the second quarter of FY 2078/2079. The bank ...

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Despite Growth In Core Business Revenue For ICFC What Led To Decline In Net Profit In Q2?

ICFC Finance Limited (ICFC) reported a Net Profit of Rs. 9.65 crores in Q2 of FY 2078/2079. This is a decline of 24.41% compared to the corresponding quarter of the previous year. It reported a net interest income (core business revenue) of Rs. 20.90 crores in Q2. This is an increment of 32.66% ...

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Surnrise Bank Limited Reports Impressive Growth In Business Volume In Q2; Profitability Remained Unsatisfactory

Sunrise Bank Limited (SRBL) has published its second-quarter report for the FY 2078/2079 with a decline in Net Profit by 21.47%. The bank’s net profit has declined from Rs. 94.94 crores in the second quarter of FY 2077/2078 to Rs. 74.55 crores in the second quarter of FY 2078/2079. The bank ...

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Nepal’s forex reserve depletes further, NRB has reserves sufficient to finance imports for only 6.8 months

Nepal now has foreign currency reserves sufficient to import goods and services for 6.8 months, down from the adequacy for 7.2 month in mid-November, due to massive drain out of the foreign currencies from the country. The five month report on Current Macroeconomic and Financial Situation unveiled by Nepal Rastra ...

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Explainer: Why you should still try to avoid catching Omicron

A fast-spreading Omicron variant that causes milder illness compared with previous versions of the coronavirus has fueled the view that COVID-19 poses less of a risk than in the past. In which case, some ask, why go to great lengths to prevent getting infected now, since everybody will be exposed ...

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Nabil Bank inks deal to acquire Nepal Bangladesh Bank despite court’s stay order

Nabil Bank has signed an agreement for acquisition of Nepal Bangladesh Bank. In an agreement signing ceremony held on Thursday, the merger committee’s coordinator from Nabil Bank’s side, Udaya Krishna Upadhyay and the coordinator from Nepal Bangladesh Bank’s side, Indra Bahadur Thapa inked the agreement for acquisition. Following the acquisition, ...

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Last trading day to clinch dividend of National Microfinance Laghubitta Bittiya Sanstha (NMFBS)

Today is the last trading day in NEPSE to grab dividend of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has called its 8th AGM on 6th Magh, 2078. The meeting will be held in Dhading Creek Resort, starting at 11 am that day. Poush 27 ...

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Kumari Bank Limited Job Vacancy for Junior Assistant (JA)

Kumari Bank Limited, an “A” class commercial Bank invites applications from self-motivated and aspiring Nepalese individuals who have the passion to excel in the banking sector for the following position: Job Position JUNIOR ASSISTANT (JA) Job Summary This is an entry-level position in the Bank where one will be deputed to ...

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