Nepal Bank Limited has deposited Rs. 84.20 lakh collected from its employees’ salaries into the Prime Minister’s Disaster Relief Fund to support flood-affected communities.
Gold prices increased by Rs. 100 per tola while silver climbed Rs. 40 per tola in the Nepali market on Ashoj 7.
Kumari Bank has called its 26th AGM on October 14 to approve a 2.0156% cash dividend, including tax, proposed from its profit for FY 2082/83.
Citizens Bank International has called its 20th Annual General Meeting on Ashoj 28 to approve a 3.8% bonus share and 0.2% cash dividend proposed for shareholders.
Flydubai is set to begin regular flights on the Dubai–Pokhara–Dubai route from today, marking a significant development for international connectivity from Pokhara International Airport.
NIC Asia Capital has opened the issue of NIC Asia Equity Opportunity Fund from Ashoj 7, offering 8 crore units worth Rs. 80 crore to investors.
Muktinath Capital has extended the application period for its second mutual fund, Muktinath Mutual Fund 2, allowing investors to apply until Ashoj 15.
Muktinath Development Bank Limited has entered into a business agreement with KGH Group of Hotels and Resorts to provide its customers with special discounts of 10% to 30% on various hotel and resort services.
More than Rs 15 billion is currently available across the Prime Minister’s Disaster Relief Fund and Prime Minister’s Relief Fund as the government continues mobilizing resources for communities affected by the Bhote Koshi floods in Rasuwa.
The Bagmati Province Government has issued a weather safety alert as heavy rainfall is forecast across several parts of the province from Ashwin 9 to 11. Residents have been advised to take precautions against possible flash floods, landslides and inundation, while avoiding unnecessary long-distance and nighttime travel.
ICRA Nepal Limited has reaffirmed the issuer rating of Bikash Hydropower Company Limited (BHCL) at [ICRANP-IR] BBB-, while retaining the company under “Watch with Negative Implication.”
Nepal Rastra Bank (NRB) has introduced new provisions requiring licensed payment service providers to verify and update National Identity Card (NID) details of digital wallet users.