Latest NEPSE and Share Market News - Page 17
NRB to Collect Rs 30 Billion Through 28-Day Deposit Auction
Nepal Rastra Bank will raise Rs 30 billion through a 28-day deposit collection instrument on Ashwin 21, with eligible Class A, B and C banks allowed to participate through competitive bidding.
SEBON Moves to Reconsider 15-Day Share Sale Notice Amid Investor Backlash
Investor representatives have urged SEBON to withdraw or revise the 15-day advance notice requirement for substantial and founder shareholders, citing panic selling and increased pressure on share prices.
NEPSE Rebounds 11.96 Points After Previous Session’s Sharp Decline
The Nepal Stock Exchange (NEPSE) gained 11.96 points, or 0.46%, to close at 2,578.73, while total turnover stood at Rs. 3.13 Arba.
Matatirtha–Chobhar 132 kV Transmission Line Set to Strengthen Kathmandu Power Supply
The construction of the Matatirtha–Chobhar section of the Thankot–Chapagaun–Bhaktapur 132 kV transmission line project has been completed, with the 6-km line set to be charged from Friday.
Citizens Capital Concludes 20th AGM, Approves 13% Cash Dividend
Citizens Capital Limited has concluded its 20th Annual General Meeting, approving a 13% cash dividend for shareholders from the profit of fiscal year 2082/83.
Government to Rebuild Flood-Affected Homes While Preserving Local Identity
Infrastructure Development Minister Sunil Lamsal has said private homes in flood-affected areas will be rebuilt in a way that preserves local identity, with reconstruction carried out in coordination with local governments and residents.
Dashain, Tihar Travel: Advance Public Transport Ticket Booking Opens From Ashoj 23
Advance booking for public transport tickets for the upcoming Dashain, Tihar, and Chhath festivals will open from Ashoj 23 to facilitate the movement of passengers leaving Kathmandu Valley.
NRB Raises Foreign Payment Limits to Facilitate International Transactions
Nepal Rastra Bank has revised its foreign exchange-related provisions, increasing several payment and exchange limits for medical treatment, satellite services, aviation, card transactions, and payments for services received from India.
Home Minister Gurung Warns Officials Against Leaking Confidential Information
Home Minister Sudan Gurung has warned officials and employees under the Ministry of Home Affairs and its agencies against sharing or misusing confidential state information, saying violators will face legal action.
SEBON Discusses 5% Share Sale Notice Rule With Investors
The Securities Board of Nepal (SEBON) has held discussions with investors and market stakeholders over a proposed requirement for substantial shareholders to provide advance notice before selling 5% or more of their holdings.
Nepal Rastra Bank to Limit New Note Distribution for Dashain
Nepal Rastra Bank will not conduct the festive-style distribution of new and crisp banknotes for Dashain this year, citing the damage caused by recent floods, landslides, and heavy rainfall.
RBB to Open 6% Debenture Issue From Ashoj 29
Rastriya Banijya Bank Limited is opening its Rs. 3 billion debenture issue from Ashoj 29, offering investors a 6% annual interest rate for a seven-year maturity.