IPOs worth Rs4.14 billion awaiting SEBON's approval amid investor disinterest

Kathmandu, Sept. 20 -- A dozen companies, several of which are active in hydropower generation, are awaiting the regulator's approval to come out with their initial public offerings (IPOs) cumulativel... Read More

Nepal Stock Exchange to issue brokerage licences for provinces amid sustainability concerns

Kathmandu, Sept. 19 -- The Nepal Stock Exchange (NEPSE) said on Wednesday it is working at issuing licences to new brokerage firms that would allow them to operate their business at the provincial lev... Read More

Board demands progress report on the implementation of directives

Kathmandu, Sept. 18 -- The Securities Board of Nepal has asked the Nepal Stock Exchange and CDS and Clearing to submit a report on the progress achieved in implementing its past directives. "As some ... Read More

Banks may be required to set up stabilisation fund

Kathmandu, Sept. 17 -- A bill to amend the Bank and Financial Institution Act 2017 tabled in Parliament on Wednesday contains a provision requiring banks to maintain a financial stabilisation fund tha... Read More

Credit information centre of cooperatives is in the pipeline

Kathmandu, Sept. 16 -- The government has formed a task force under the National Cooperative Federation of Nepal to set up a separate body to maintain the credit information of debtors, a move aimed a... Read More

Investors lose confidence in NEPSE

Kathmandu, Sept. 14 -- Nepal Stock Exchange plunged by a whopping 33.18 points to close at 1,157.89 points last week as investor confidence continued to weaken after the government said that it was no... Read More

Insurance firms told to follow new method of calculating bonus

Kathmandu, Sept. 14 -- The Insurance Board has asked life insurance companies to implement the standards that the board issued to calculate the bonus amount paid to the insured, which is expected to r... Read More

Central bank broadens sources of loans in foreign currency

Kathmandu, Sept. 13 -- Nepal Rastra Bank has allowed microfinance companies to take loans in foreign currency from pension funds, hedge funds and other authorised organisations abroad too in a bid to ... Read More

Central bank asks banks to update their cybersecurity infrastructure

Kathmandu, Sept. 11 -- Nepal Rastra Bank on Tuesday asked banks and financial institutions to implement precautionary measures to minimise the possible threat on their cybersecurity infrastructure aft... Read More

Nepal Reinsurance Company plans Rs1.6 billion initial public offering

Kathmandu, Sept. 10 -- Nepal Reinsurance Company has applied to the Securities Board of Nepal to sell Rs1.6 billion worth of stock in an initial public offering. The country's only reinsurance compan... Read More