Skip to content
|Loading...
Share Gyan home
EBook

NRB Calls Global Tender for Minting 300 Million Rs. 2 Coins

Nepal Rastra Bank has invited a global tender for the design, minting, and delivery of 300 million Rs. 2 circulation coins from pre-qualified international security minting companies.

Published By Share Gyan
NRB Calls Global Tender for Minting 300 Million Rs. 2 Coins

Nepal Rastra Bank (NRB), through its Currency Management Department, has invited sealed bids from pre-qualified international security minting companies for the design, minting, and delivery of 300 million Rs. 2 denomination coins. The tender will be conducted under the Single Stage Two Envelope method, requiring bidders to submit technical and financial proposals separately. The deadline for purchasing tender documents is November 3, 2026, while bids must be submitted by 12:00 PM on November 4, 2026, and will be opened at 1:00 PM the same day. A pre-bid meeting is scheduled for October 16, 2026, at 12:00 PM at NRB’s Currency Management Department in Thapathali. Bidders must also provide a minimum USD 132,000 bid security, valid until April 3, 2027. Blacklisted individuals or entities and companies involving their directors will not be eligible to participate in the tender process.

SEBON Approves 50% Right Share Issuance of NIC Asia Bank Worth Rs 7.45 Billion

The Securities Board of Nepal (SEBON) has granted preliminary approval to NIC Asia Bank Limited to issue 50 percent right shares at a 1:0.50 ratio. The bank will issue 74,587,835 shares worth Rs 7.45 billion at a face value of Rs 100 per share.

NRB to Sell Gold Coins and Silver Medallions for Tihar from November 5

Nepal Rastra Bank (NRB) will sell 2.5-gram gold coins and 10-gram silver medallions featuring Goddess Laxmi and Lord Ganesh on November 5 and 6 (Kartik 19 and 20) from its Minting Division in Babarmahal, Kathmandu.

Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83

Himalayan Laghubitta (HLBSL) has proposed a 5% dividend for shareholders, comprising 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2082/83.

Rastriya Banijya Bank Reports 175.52% Growth in Q1 Net Profit

Rastriya Banijya Bank Limited has reported a remarkable 175.52% year-on-year growth in net profit, earning Rs. 1.64 billion in the first quarter of FY 2083/84, compared to Rs. 598.73 million in the corresponding period of the previous fiscal year. The significant growth was driven by a sharp increase in net interest income and a substantial decline in impairment charges.

Kumari Bank Reports Rs. 1.07 Arba Net Profit in Q1; Operating Profit Jumps 32.39%

Kumari Bank Limited (KBL) has reported a modest 1.70% year-on-year growth in net profit, earning Rs. 1.07 billion in the first quarter of FY 2083/84, compared to Rs. 1.06 billion in the corresponding period last fiscal year. Despite a decline in net interest income, the bank recorded strong growth in operating profit, supported by a significant reduction in impairment charges and operating expenses.

NMB Bank Reports 27.11% Growth in First-Quarter Net Profit

NMB Bank Limited has reported a 27.11% year-on-year increase in net profit, earning Rs. 1.16 billion in the first quarter of FY 2083/84, compared to Rs. 915.98 million in the corresponding period of the previous fiscal year. The growth was supported by higher operating income, increased net interest income, and a significant decline in impairment charges.