Financial support to Orchid Garden Nepal Project by Mahalaxmi Development Bank

Kathmandu :  Mahalaxmi Development Bank has provided financial support to the Orchid Garden Nepal Project under Corporate Social Responsibility. The Bank coordinated with Round Table Nepal to provide financial support to the Orchid Garden Nepal project established with the...


Authority Chairman Silwal’s Warning to Insurance Companies that have Gone into Merger

Kathmandu : Nepal Insurance Authority has discussed with the CEOs of insurance companies that have gone for merger on 1st of November. In that discussion, Surya Prasad Silwal, Chairman of Nepal Insurance Authority, said that the tendency of insurance...


Narayani Development Bank in Central Bank Action, Fine up to Eight Times

Kathmandu: National Bank has taken action against Narayani Development Bank. In the fourth quarter of the financial year 2022-23, Narayani Development Bank was subjected to Central Bank’s action eight times. The bank has been fined 66 thousand 53 rupees...


LIC Nepal Reached to The Securities Board to Issue It’s Rights Shares

Kathmandu : LIC Nepal has applied to the Nepal Securities Board for permission to issue rights shares. The company has submitted an application in SEBON for the issuance of 23 million 468 thousand right shares equal to 2 billion...


Suspicious Video Hidden in Billions of Rupees Note Boxes has been Released, are these Note Bundles Real or Fake?

Kathmandu : A very sensitive video that may have played a role in destroying Nepal’s economy has been released on social media. In the video found on Facebook, the new notes worth 1000 rupees are packed in a box....


Suspicious Video Hidden in Billions of Rupees Note Boxes has been Released, are these Note Bundles Real or Fake?

Kathmandu : A very sensitive video that may have played a role in destroying Nepal’s economy has been released on social media. In the video found on Facebook, the new notes worth 1000 rupees are packed in a box....


Distribution of Chirkhwa and Mirmire Taking Place Today

Kathmandu : The two companies are sharing today (November 16th). Chirkhwa Hydropower Company is going to do IPO and Mirmire Lagubitta Financial Institution is going to distribute FPO. According to the Sales Manager SBI Merchant Banking, the FPO of...


Narayani Development Bank in Central Bank Action, Fine up to Eight Times

Kathmandu: National Bank has taken action against Narayani Development Bank. In the fourth quarter of the financial year 2022-23, Narayani Development Bank was subjected to Central Bank’s action eight times. The bank has been fined 66 thousand 53 rupees...


Clarification of the Audit Committee to the two Securities Boards and the Insurance Authority on Allowing IPOs at a Premium

Kathmandu : The Public Accounts Committee of the House of Representatives has asked for an explanation from the Nepal Insurance Authority and the Nepal Securities Board, which allowed the issue of IPO at a premium. An official confirmed late...


If the Stock Market is Under the Control of Criminals, Investors Commit Suicide, who will take Responsible to Pain?

Nawaraj Neupane Kathmandu : Due to the government policy of supporting criminals and the mafia and the monetary policy of regulating investors, ordinary investors have reached a state of suicide. Disappointment has been increasing in the stock market for...