Mega Bank commits towards fight against Coronavirus campaign of government; decides to provide Rs 1 crore to federal government and Rs 5 lakh each to all seven provinces
2 hours agoMega Bank, under its CSR initiative, has decided to provide Rs 1 crore to federal government and Rs 5 lakh each to all seven provinces of Nepal to fight ongoing Coronavirus threat. The bank has made available the support amount via the federal government’s Corona response fund established to fight the now-serious infection threat in the nation. As per the media statement, assistant le...
Exclusive News
- The Free-Fall Economic State of the World following the COVID-19 Pandemic
- Coronavirus expects to hit Nepalese economy really hard; What should be our approach towards it? A critical observation from Muktinath Bank CEO Mr. Pradyuman Pokharel
- Letter to a fellow Investor- Monetize Your Fear
- Prevention and the situation Nepal is in for handling this pandemic; How the corona virus Pandemic can work as a wake-up call
- Corona virus pandemic: Dear bankers, stay safe and stay healthy!
Dividend and Rights
- Shareholders of Gurans Life Insurance need to wait some more time for 100% right shares; NMB Capital decides to postpone the issue sighting the Coronavirus lockdown
- Good news for applicants who failed to apply 60% right shares of Prudential Insurance; NMB Capital extends application deadline until further notice sighting Coronavirus lockdown
- 30% Right issue of Shikhar Insurance Company delayed until further notice; issue of 31.71 Lakh units halted
- NLG Insurance Company to extend right issue till Chaitra 27, 2076; 3.84 Million units being issued at par
- Himalayan General Insurance to hold 26th AGM on Baishak 29, 2077; book closure on Baishak 12, 2077
Interview
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Let’s invest money for capital formation instead of buying sophisticated vehicles: Finance Minister Dr Khatiwada
- Expect a 'game changer' in the economic and social sector: Finance Minister Dr Khatiwada
- Everest Bank Limited marks its 25th anniversary welcoming new CEO Mr. Gajendar Kumar Negi, who says “While working at a Bank you can help thousands of people realize their dreams”
- "Cleansing the hiring culture of Nepal from ABC virus is the first step in creating successful organization"; Exclusive interview with Ganesh Raj Pokharel, CEO of Citizens Bank International
- “You don’t become a CEO simply to handle big files. You become a CEO to prepare your employees so that they can handle big files too” An interview with Mr. Parshuram Kunwar Chhetri; CEO of Janata Bank Nepal
IPO News
- Nepal Reinsurance Company IPO allotment not possible during lockdown as per the issue manager; investors have to wait
- Proposed IPO issue of IME Life Insurance receives below average fundamentals from Care Ratings; issue worth Rs.60 Crore graded
- 12% Goodwill Finance Debenture 2083 completes allotment procedure; non-allottes to be refunded from Chaitra 10
- United Idi-Mardi and RB Hydropower’s IPO issue for locals postponed until further notice
- Laxmi Unnati Kosh scheduled to accept applications from today, indefinitely delays the opening of the issue until further notice
Listing
- RMDC Laghubitta’s 12.5% bonus shares listed on NEPSE; 9.99 Lakh units made tradeable
- Bonus shares of ICFC Finance and Ganapati Laghubitta listed on NEPSE; 5.15 Lakh units made tradeable
- Bonus shares of Swarojgar Laghubitta and Pokhara Finance listed on NEPSE; total of 1.32 Million units made tradeable
- Bonus shares of Jyoti Bikas Bank Limited listed on NEPSE; 3.95 Million units made tradeable
- 10% bonus shares of Laxmi Bank Limited listed on NEPSE; 8.92 Million units made tradeable
Expert Speak
- Nepal Rastra Bank issues new directives for bank and finance companies; relaxes regulations for firms to obtain loans
- Everest Bank Limited marks its 25th anniversary welcoming new CEO Mr. Gajendar Kumar Negi, who says “While working at a Bank you can help thousands of people realize their dreams”
- ShareSansar asked the CEOs “How has your way of celebrating Dashain changed as a child and as a CEO?”
- ShareSansar asked the investors “Would Dashain be different if the market was rising?”
- Global Perspective on Nepal’s Infrastructure Financing; Perspective of AD Capital Group
Mutual Funds
- Nabil Equity Fund reports NAV of Rs.10.41 while Balance Fund-2 reports NAV of Rs.10.91 till Falgun end
- Decent growth reported by both mutual fund schemes of NMB Capital for Falgun end; look at the major highlights
- Look at the performance of the two mutual funds schemes managed by NIC Asia Capital till Falgun end
- Falgun end NAV of Siddhartha Equity Fund and Investment Growth Scheme grow to Rs.11.11 and Rs.10.94 respectively
- All three schemes of NIBL Ace Capital report increased NAV for Falgun end; look at other highlights
Weekly Analysis
- NEPSE continues its losing streak with 107.88 points fall; Nepal Seva decline by massive 24.9%; NLIC traded most (Weekly Wrap Up)
- Correction continues this week too in NEPSE with decline of 4.08%; Strong support at 1350 level; NLIC traded most (Weekly Wrap Up)
- Correction seen on NEPSE after five straight week rallies; Microfinance and Non-Life Insurance sector decreased heavily; NLIC traded most (Weekly Wrap Up)
- Good times for market continues, NEPSE rallies 197.60 points; Naasa Securities tops the brokers with massive Rs 2.17 arba transaction (Weekly Wrap Up)
- Non-Life Insurance and Microfinance sector witness a massive rallies with weekly recording breaking turnover of Rs 11.20 arba ; Kalika Laghubitta gains 32.76% ; Shivam Cements traded most (Weekly Wrap up)
Company Analysis
- Nabil Equity Fund reports NAV of Rs.10.41 while Balance Fund-2 reports NAV of Rs.10.91 till Falgun end
- Decent growth reported by both mutual fund schemes of NMB Capital for Falgun end; look at the major highlights
- Look at the performance of the two mutual funds schemes managed by NIC Asia Capital till Falgun end
- Falgun end NAV of Siddhartha Equity Fund and Investment Growth Scheme grow to Rs.11.11 and Rs.10.94 respectively
- All three schemes of NIBL Ace Capital report increased NAV for Falgun end; look at other highlights
