Banking News
NRB to Absorb Rs. 20 Billion from Banks Amid Excess Liquidity
Nepal Rastra Bank will collect Rs. 20 billion in deposits from licensed banks and financial institutions through a bidding process to manage excess liquidity in the financial system.
Dividend Alert: Today Last Day to Secure Dividends from 2 Companies, 3 Mutual Funds
Investors must hold shares or units by Thursday, Ashoj 8, to be eligible for dividends from Machhapuchchhre Bank, Kalinchok Darshan, and three mutual funds.
Kumari Bank Calls 26th AGM to Approve 2.0156% Cash Dividend
Kumari Bank has called its 26th AGM on October 14 to approve a 2.0156% cash dividend, including tax, proposed from its profit for FY 2082/83.
Citizens Bank Calls 20th AGM to Approve 4% Dividend
Citizens Bank International has called its 20th Annual General Meeting on Ashoj 28 to approve a 3.8% bonus share and 0.2% cash dividend proposed for shareholders.
NIC Asia Equity Opportunity Fund Opens Today: Applications Open Until Ashoj 13
NIC Asia Capital has opened the issue of NIC Asia Equity Opportunity Fund from Ashoj 7, offering 8 crore units worth Rs. 80 crore to investors.
Muktinath Mutual Fund 2 Extends IPO Deadline to Ashoj 15
Muktinath Capital has extended the application period for its second mutual fund, Muktinath Mutual Fund 2, allowing investors to apply until Ashoj 15.
Muktinath Development Bank Customers to Get Up to 30% Discount at KGH Hotels
Muktinath Development Bank Limited has entered into a business agreement with KGH Group of Hotels and Resorts to provide its customers with special discounts of 10% to 30% on various hotel and resort services.
NRB Introduces New NID Rules for Digital Wallet Users
Nepal Rastra Bank (NRB) has introduced new provisions requiring licensed payment service providers to verify and update National Identity Card (NID) details of digital wallet users.
NBF2 & NBF3 Dividend Alert: Today Last Day!
Today is the final day for investors to secure the proposed dividends of Nabil Balanced Fund-2 (NBF2) and Nabil Balanced Fund III (NBF3) for FY 2082/83.
Shine Resunga Development Bank has called its 18th AGM for Ashwin 28 to approve a 16% dividend for FY 2082/83.
Shine Resunga Development Bank Limited (SHINE) has scheduled its 18th Annual General Meeting (AGM) for Ashwin 28, 2083. The meeting will be held at Hotel Saffron C.K. Private Limited, Butwal, Rupandehi, starting at 11:30 AM.
NIMB Partners with Sajha Yatayat to Enable Digital Bus Fare Payments
Nepal Investment Mega Bank has joined hands with Sajha Yatayat to facilitate cashless and secure digital fare payments through POS machines on Sajha buses.
Machhapuchchhre Bank Calls 28th AGM, Proposes 6% Dividend for FY 2082/83
Machhapuchchhre Bank has scheduled its 28th AGM for Ashwin 28, where shareholders will vote on a 6% dividend comprising 3% bonus shares and 3% cash dividend.