Kathmandu, December 2 — Nepal Rastra Bank has released the first quarterly review of the Monetary Policy for the current fiscal year 2082/83. The review includes major changes in interest rates and loan limits for banks and financial institutions. According to the update, the Standing Liquidity Facility (SLF) rate, which is the upper limit of … Read more
Kathmandu, December 2 — NI 31, an investment plan under Nabil Mutual Fund, began unit trading on 15 Mangsir 2082. The fund is managed by Nabil Investment Banking Limited, while Nabil Bank Limited works as the fund promoter. NI 31 is the second open-ended scheme launched by Nabil Mutual Fund. Investors can buy and sell … Read more
Mutual funds have quietly become one of the most active institutional players in Nepal’s stock market. While a part of their money sits in fixed deposits and bonds, most of it is deployed in shares of listed companies. And because these funds rely on research teams and technical analysis, many retail investors use their investment … Read more
Mutual funds in Nepal give investors an easy way to earn money every year without choosing individual stocks. Their returns come mainly from two things: dividends and changes in NAV. These numbers show how well the fund has performed in a fiscal year. They also help investors see whether the fund has managed its investments … Read more
Kathmandu, November 30 — Prabhu Bank has appointed Niraj Lamsal as the Acting Chief Executive Officer (CEO). The board made the decision in an emergency meeting held at 9 PM on Sunday. Lamsal took the responsibility after the police arrested the bank’s senior executives, including: Ashok Sherchan (CEO) Maniram Pokhrel (Deputy CEO) Rivash Shrestha (Chief … Read more
Nepal Finance Limited will not distribute any dividend for the last fiscal year 081/82.The decision was made during the board meeting held on Mangsir 12. The company has not been able to distribute dividends for many years. The last time Nepal Finance declared a dividend was in fiscal year 067/68, when it issued 22% bonus … Read more
Radhi Bidyut Company Limited has applied to the Nepal Securities Board (SEBON) for approval to issue 69.89% rights shares. The application was submitted on Mangsir 2. The rights issue is based on the company’s existing paid-up capital of Rs. 1 arba 83 crore 89 lakh 79 thousand. The proposed ratio is 1:0.6989, meaning shareholders will … Read more
The units of the Machhapuchchhre SIP Scheme have opened for public subscription from today, Mangsir 14. The scheme is operated under the management of Machhapuchchhre Capital Limited. A total of 2 crore units, each valued at Rs. 10, worth Rs. 20 crore, have been issued for sale. Open-Ended Scheme According to the scheme manager, this … Read more
Index Declines on Sunday, The Nepal Stock Exchange (NEPSE) edged lower today, marking a pause in the steady rise seen throughout last week.The benchmark index fell by 0.99%, or 26.51 points, and closed at 2,649.52 points. Turnover Continues to Improve Although the index retreated, investor activity remained strong.Today’s trading turnover crossed Rs. 7 arba 8 … Read more