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Hamro Bikas bank SGM today; expanding the working areas

2018-01-17 Hamro Bikas Bank Limited (HAMRO) is convening Special General Meeting (SGM) today (Magh 3, 2074). The SGM is being held at Satanchuli Hotel, Battar, Nuwakot at 11:00 AM. The main agendas of the AGM are: To expand the working areas. To conduct election…

CBIL Capital floating public issue of Citizen Mutual Fund worth Rs 1 arba from today; offer ends on Magh 7

2018-01-16 Citizen Mutual Fund-1 is floating its public issue of 10 crore unit shares worth Rs 1 arba from today (Magh 2, 2074). The offer will close on Magh 7, 2074 at the earliest. The maximum closing date for the offer…

NIC Asia Capital floating public issue of NIC Asia Growth Fund worth Rs 1 arba from today; offer ends on Magh 8

2018-01-16 NIC Asia Growth Fund is floating its public issue of 10 crore unit shares worth Rs 1 arba from today (Magh 2, 2074). The offer will close on Magh 8, 2074 at the earliest. The maximum closing date for the…

Market loses17.39 points, closes at 1413.17

2018-01-16 The benchmark index at Nepal Stock Exchange (NEPSE) has decreased by 17.39 points or 1.22% to close at 1413.71 points. NEPSE had opened at 1431.10 and it started its downfall from the start of the day. At the end of…

Upper Syange Hydropower completes Financial Closure for 2.4 MW Upper Syange Hydropower Project

2018-01-16 Upper Syange Hydropower Limited has successfully completed the Financial Closure for its 2.4 MW Upper Syange Hydropower Project. The Financial Closure Agreement was signed on Poush 28, 2074 amidst a ceremony with sole financing from Prime Commercial Bank Limited. Kriti…

United Insurance appoints new chairman

2018-01-16 Mr Udaya Krishna Upadhyaya has been appointed as the chairman of United Insurance Company (Nepal) Limited (UIC). The 298th BOD meeting of the company held on Poush 30, 2074 has appointed him in the post. He was nominated by the…

Jyoti Bikas Bank conducts its 10th AGM, Endorses 10% bonus shares

2018-01-16 Jyoti Bikas Bank Limited (JBBL) conducted its 10th AGM on Poush 30, 2074 at Rastriya Sabha Griha, Kathmandu. The AGM has endorsed 10% and 6% bonus shares to the shareholders of Jyoti Bikas Bank and Rapti Bheri Bikas Bank respectively.the…

Governor Dr. Nepal administers oath to Newly elected chairman of Janata Bank; elected board members too assumes office

2018-01-16 The newly elected chairman of Janata Bank Nepal Limited (JBNL) Mr. Keshav Bahadur Rayamajhi has taken an oath of privacy and his position with the Governor of Nepal Rastra Bank (NRB) Dr. Chiranjibi Nepal on Poush 30, 2074. Likewise, the…

ICRA Nepal assigns ICRA Grade 4+ indicating below average fundamentals to upcoming right issue of Nepal Insurance

2018-01-16 ICRA Nepal has assigned (ICRANP) IPO Grade4+ to the Rs 30.19 crore Rights issue of Nepal Insurance Company Limited (NICL). Instruments with this grading are considered to have below average fundamentals. ICRA Nepal assigns grading on a scale of Grade…

Global IME Bank opens its branch at Burtibang of Baglung

2018-01-16 Global IME Bank Limited (GBIME) has inaugurated its new branch at Burtivang of Baglung district on Poush 30, 2074. The branch was jointly inaugurated by the chairman of the bank Mr. Chandra Prashad Dhakal and newly elected member to House…

 

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