Economy

Kailash, Metro Development and Nepal Express Finance to merge

Kathmandu November 10- Metro Development Bank and Nepal Express Finance have agreed  to merge with Kailash Development Bank. Mr. Rajendra Giri, Chairman of Kailash...

66th AGM of Nepal Insurance held: 9% bonus share to be distributed among investors

Kathmandu November 10- Recently held 66th AGM of Nepal Insurance Company proposed to distribute 9% bonus share and 0.4737% cash dividend to its shareholders. Nepal...

New branch of Prabhu Bank in Kushma

Kathmandu November 10- Director of Prabhu Bank, Dashkya Poudel inaugurated new branch of Prabhu bank in Kushma, Parbat yesterday amid a program. Due to the...

Petrol tankers enter through Belahiya point

Lumbini November 9- Some petrol tankers entered Nepal via Belahiya point of Rupandehi, which was brought to a grinding halt for last eight days,...

Swarojgar Laghubitta Bikas Bank ltd earned Rs. 6 million net profits

Kathmandu November 9- With the paid up capital of Rs. 40 million, Swarojgar Laghubitta Bikas Bank earned Rs. 6 million net profit in first...

Nepal Bank auctioning 8.9 million units of promoter share of 4 companies worth Rs....

Kathmandu November 9- Nepal Bank Limited will be selling 8.9 million units of promoter shares of four different companies. Altogether 8million 878 thousand and...

Net profit of Cosmos Development increased by 2 times, earned 2.5 million

  Kathmandu November 9- Cosmos Development Bank increased its net profit by 2 times in the first quarter of current FY. With the paid up...

Net profit of Laxmi Laghubitta increased by 3 times

Kathmandu November 9- With the paid up capital of Rs. 100 million, Laxmi Laghubitta Bittiya Sanstha Ltd's net profit increased by 3 times in...

Yeti Bank paid insurance amount

Kathmandu November 9- Yeti development bank paid insurance amount to family of late Krishna Bahadur Moktan who died of accident. Sagar Sharma, deputy executive...

PM sees signs of India lifting blockade soon

Kathmandu November  9- Prime Minister KP Oli has said that there are indications that the current blockade along the Nepal-India border will end soon. In...

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