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Nepal Bank Employees to Receive Life Insurance Coverage from National Life
National Life Insurance and Nepal Bank have signed an agreement to provide life insurance coverage to Nepal Bank employees, strengthening their financial protection and risk management.
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Sarvottam Paints Calls 5th AGM, Proposes 10% Dividend
Sarvottam Paints has called its 5th AGM for Ashwin 25, where shareholders will consider a 10% dividend comprising bonus shares and cash for tax purposes.
Global IME Balanced Fund-1 Sets Book Closure for 12% Cash Dividend
Global IME Balanced Fund-1 has set Ashwin 12 as its one-day book closure date for a previously announced 12% cash dividend, including tax.
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Muktinath Bikas Bank Launches Festive Home Loan Scheme at Base Rate + 0.25%
Muktinath Bikas Bank has launched a special home loan scheme for Dashain, Tihar and Chhath, offering loans at the bank’s base rate plus 0.25%.
Nepal Infrastructure Bank Sets Book Closure for 5.2632% Cash Dividend, Calls AGM
Nepal Infrastructure Bank has called its 8th AGM for Ashwin 23 and proposed a 5.2632% cash dividend worth Rs. 1.14 billion for FY 2082/83.
SEBON Publish Draft Directive on General Eligibility for Public Issuance
SEBON has published a draft directive outlining general and financial eligibility criteria for companies seeking public issuance, including IPOs and invited stakeholder feedback within seven days.
Gurans Laghubitta Proposes 10% Dividend for FY 2082/83
Gurans Laghubitta has proposed a 10% dividend for FY 2082/83 comprising 9.5% bonus shares and 0.5% cash dividend, subject to regulatory and shareholder approval
Government Caps Cooperatives Lending Interest Rate at 13%
The government has lowered the maximum reference lending rate for cooperatives to 13% from 16% while capping the savings-loan interest spread at six percentage points.
RBB Merchant Banking Announces Cash Dividends for Two Mutual Funds
RBB Merchant Banking has announced cash dividends of 2.75% for RBB Mutual Fund 1 and 6% for RBB Mutual Fund 2, including tax.
LPG Industry Association Urges Sale of Gas at Rs. 2,060 per Cylinder
The Nepal LPG Gas Industry Association has urged gas industries to resume selling LPG at Rs. 2,060 per cylinder after the Prithvi Highway reopened.
Dipak Baral Appointed Country Head of Asian Paints Nepal
Dipak Baral has been appointed Country Head of Asian Paints Nepal becoming the first Nepali to lead the company’s Nepal market.
NEPSE Rises 11.93 Points; Turnover Falls To Rs. 5.49 Billion
Excerpt: NEPSE gained 11.93 points to close at 2,624.36 on Thursday, with Rs. 5.49 billion worth of shares traded across 339 companies.