Latest NEPSE and Share Market News - Page 77
Rastriya Banijya Bank Reaches 316 Branches with New Openings in Gorkha and Jumla
Fully government-owned Rastriya Banijya Bank expands its network to 316 branches after launching new offices in Siurenitar and Narakot.
NEPSE Edges Higher by 0.08 Points; Turnover Crosses Rs. 3.63 Arba
Following a minor rebound, the benchmark index closed flat at 2,705.53 points with Sopan Pharmaceuticals leading the gainers.
Nepalese Commercial Banks Lobby NRB for Two-Way Interest Rate Premium Flexibility
Citing severe limitations in pricing borrower risk, banking institutions are pushing the central bank to allow both upward and downward premium adjustments based on market dynamics.
Nepal Secures Over Rs. 47 Billion in FDI Commitments in First 11 Months of FY 2082/83
Backed by 914 companies, total foreign investment pledges hit Rs. 47.61 Billion by the end of Jestha, with the agriculture sector leading the share.
ICRA Nepal Reaffirms Shikhar Insurance’s 'AA-' Issuer Rating, Removes Negative Watch Status
Credit rating agency ICRA Nepal upgrades Shikhar Insurance’s outlook to stable, indicating strong financial resilience and low credit risk.
Lionel Messi Rewrites Football History Books in Milestone 200th Appearance for Argentina
Making a record-shattering sixth World Cup appearance, the Argentine skipper equals the all-time tournament goals record held by Germany's Miroslav Klose.
Garima Bikas Bank Under Madhav Prasad Upadhyay Marks 43% Net Profit Surge and Improved Asset Quality
Transitioning to insider leadership, the bank hits over Rs. 1.04 Billion in net profit while successfully lowering its non-performing loan (NPL) ratio.
Mount Everest Power Development Opens Public IPO Issue Worth Rs. 14.27 Crore
Following the allotment to locals and migrant workers, Mount Everest Power opens its second-phase IPO for the general public from Ashar 3.
Domestic Precious Metal Rates Recede as Mid-Week Trading Opens Lower
Precious metal prices take a hit as gold drops by Rs. 1,200 per tola and silver plunges to Rs. 4,080 on Wednesday.
Muktinath Bikas Bank Extends Logistical Support to Nepal Police Units Across Multiple Districts
Under its Corporate Social Responsibility (CSR) initiative, Muktinath Bikas Bank Limited has donated essential office equipment and road safety materials to several district police and traffic offices. The support, ranging from computers and furniture to road dividers, aims to strengthen public service delivery and community safety.
NEPSE Continues Downward Slide with a 6.31-Point Drop; Turnover Shrinks to Rs. 4.04 Arba
The Nepal Stock Exchange (NEPSE) extended its bearish momentum on Tuesday, shedding 6.31 points to close at 2,705.45. Market participation cooled down significantly as daily turnover contracted to Rs. 4.04 Arba, with the Finance sector taking the hardest hit.
Celebrity Chef Santosh Shah Released on Bail Following Banking Offence Arrest
Renowned chef Santosh Shah has been released from police custody after furnishing bail equivalent to the financial claim filed against him in a banking offence case. Shah was apprehended alongside co-accused Narayan Sah Sudi in Janakpurdham following a property transaction dispute involving a Kathmandu-based restaurant.