NEPSE Lists Shares of Reliable Nepal Life

Sep 13, 2023 01:07 PM Merolagani

Nepal Stock Exchange (NEPSE) has listed the initial public offering (IPO) of Reliable Nepal Life Insurance on September 13.

On the day, NEPSE lists 40 million units of ordinary shares of the company.

For the first transaction, NEPSE has given an opening range of Rs 162.29 to Rs 486.87 and has assigned (RNLI) code to the stock.

The company issued an 12 million units of ordinary share at Rs 257 per unit including face value of Rs 100 and premium of Rs 157 to the general public from August 8-11.

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Commercial Banks Cut Interest Rates, Again

Jul 15, 2024 09:22 AM

Commercial banks have published new interest rates for the upcoming month of Shrawan. As per the published notices, the average interest rates of the banks have declined for the upcoming month as well