Earnings per share of First Microfinance and RMDC Microfinance declined. Debenture 2085"},{"id":402,"symbol":"MFLPO","companyname":"Maha Laxmi Finance Company Limited Promoter Share"},{"id":147,"symbol":"MGBL","companyname":"Madhyamanchal Gramin Bikas Bank Limited"},{"id":1080,"symbol":"MHCL","companyname":"Molung Hydropower Company Limited"},{"id":541,"symbol":"MHL","companyname":"Mandakini Hydropower Limited"},{"id":678,"symbol":"MHNL","companyname":"Mountain Hydro Nepal Limited"},{"id":927,"symbol":"MHNLPO","companyname":"Mountain Hydro Nepal Limited Promoter Share"},{"id":310,"symbol":"MIDBL","companyname":"Mission Development Bank Limited"},{"id":648,"symbol":"MIDBLP","companyname":"Mission Development Bank Limited Promoter Share"},{"id":955,"symbol":"MINFNC","companyname":"Ministry of Finance"},{"id":1110,"symbol":"MJS","companyname":"Makar Jitumaya Suri Hydropower Company Limited"},{"id":1152,"symbol":"MKCL","companyname":"Muktinath Krishi Company Limited"},{"id":193,"symbol":"MKDBL","companyname":"Manakamana Development Bank Limited"},{"id":1157,"symbol":"MKECL","companyname":"Mount Kailash Energy Company Limited"},{"id":725,"symbol":"MKHCL","companyname":"Maya Khola Hydropower Company Limited"},{"id":1200,"symbol":"MKHL","companyname":"Mai Khola Hydropower Limited"},{"id":535,"symbol":"MKJC","companyname":"Mailung Khola Jal Vidhyut Company Limited"},{"id":773,"symbol":"MKLB","companyname":"Manakamana Smart Laghubitta Bittiya Sanstha Limited"},{"id":424,"symbol":"MLBBL","companyname":"Mithila Laghubitta Bittiya Sanstha Limited"},{"id":811,"symbol":"MLBBLP","companyname":"Mithila Laghubitta Bittiya Sanstha Limited Promoter Share"},{"id":637,"symbol":"MLBL","companyname":"Mahalaxmi Bikas Bank Limited"},{"id":733,"symbol":"MLBLPO","companyname":"Mahalaxmi Bikas Bank Ltd. Promotor Share"},{"id":865,"symbol":"MLBS","companyname":"Manushi Laghubitta Bittiya Sanstha Limited"},{"id":882,"symbol":"MLBSL","companyname":"Mahila Laghubitta Bittiya Sanstha Limited"},{"id":830,"symbol":"MLICL","companyname":"Mahalaxmi Life Insurance Company Limited"},{"id":349,"symbol":"MMDBL","companyname":"Mount Makalu Development Bank Limited"},{"id":791,"symbol":"MMDBLP","companyname":"Mount Makalu Development Bank Limited Promoter Share"},{"id":1100,"symbol":"MMF1","companyname":"Mega Mutual Fund - 1"},{"id":1155,"symbol":"MMF2","companyname":"Mega Mutual Fund - 2"},{"id":386,"symbol":"MMFDB","companyname":"Mirmire Laghubitta Bittiya Sanstha Limited"},{"id":806,"symbol":"MMFDBP","companyname":"Mirmire Laghubitta Bittiya Sanstha Limited Promoter Share"},{"id":966,"symbol":"MMKJL","companyname":"Mathillo Mailun Khola Jalvidhyut Limited"},{"id":306,"symbol":"MNBBL","companyname":"Muktinath Bikas Bank Limited"},{"id":558,"symbol":"MNBBLP","companyname":"Muktinath Bikas Bank Limited Promoter Share"},{"id":1109,"symbol":"MND84\/85","companyname":"8.75% Muktinath Debenture\/Rinpatra 2084\/85"},{"id":1144,"symbol":"MODI","companyname":"Modi Energy Limited"},{"id":920,"symbol":"MOPL","companyname":"Molniya Power Limited"},{"id":390,"symbol":"MORANG","companyname":"Morang Sugar Mills Limited"},{"id":318,"symbol":"MPFL","companyname":"Multipurpose Finance Company Limited"},{"id":757,"symbol":"MPFLPO","companyname":"Multipurpose Finance Company Limited Promoter Share"},{"id":321,"symbol":"MSBBL","companyname":"Manaslu Bikas Bank Limited"},{"id":1170,"symbol":"MSHCL","companyname":"Mid Solu Hydropower Company Limited"},{"id":1086,"symbol":"MSL","companyname":"Mahila Samudayik Laghubitta Bittiya Sanstha Limited"},{"id":591,"symbol":"MSLB","companyname":"Mahuli Laghubitta Bittiya Sanstha Limited"},{"id":804,"symbol":"MSLBP","companyname":"Mahuli Laghubitta Bittiya Sanstha Limited Promoter Share"},{"id":1088,"symbol":"MSLBS","companyname":"Mahuli Samudayik Laghubitta Bittiya Sanstha Limited"},{"id":561,"symbol":"MSMBS","companyname":"Mahila Sahayatra Laghubitta Bittiya Sanstha Limited"},{"id":803,"symbol":"MSMBSP","companyname":"Mahila Sahayatra Laghubitta Bittiya Sanstha Limited Promoter Share"},{"id":1219,"symbol":"MSML","companyname":"Mega Stock Markets Limited"},{"id":1207,"symbol":"MSNL","companyname":"Music Nepal Limited"},{"id":336,"symbol":"MTBL","companyname":"Matribhumi Bikas Bank Limited"},{"id":381,"symbol":"MuktinathCap","companyname":"Muktinath Capital Limited"},{"id":864,"symbol":"MYHL","companyname":"Myagdi Hydropower Limited"},{"id":34,"symbol":"NABB","companyname":"Nepal Aawas Finance Limited"},{"id":167,"symbol":"NABBC","companyname":"Narayani Development Bank Limited"},{"id":1150,"symbol":"NABBCP","companyname":"Narayani Development Bank Limited Promoter"},{"id":271,"symbol":"NABBPO","companyname":"Nepal Aawas Finance Limited Promoter Share"},{"id":16,"symbol":"NABIL","companyname":"Nabil Bank Limited"},{"id":223,"symbol":"NABILB2075","companyname":"Nabil Bank Limited Bond 2075"},{"id":431,"symbol":"NABILINV","companyname":"Nabil Investment Banking Limited"},{"id":255,"symbol":"NABILP","companyname":"NABIL Bank Limited Promoter Share"},{"id":409,"symbol":"NaCoBa","companyname":"National Co-operative Bank Limited"},{"id":993,"symbol":"NADA Automobiles Association of Nepal","companyname":"NADA"},{"id":1037,"symbol":"NADDF","companyname":"NIC Asia Dynamic Debt Fund"},{"id":606,"symbol":"NADEP","companyname":"NADEP Laghubitta Bittiya Sanstha Limited"},{"id":833,"symbol":"NADEPPO","companyname":"NADEP Laghubitta Bittiya Sanstha Limited Promoter Share"},{"id":788,"symbol":"NAGARIK","companyname":"Nagarik Laghubitta Bittiya Sanstha Limited"},{"id":663,"symbol":"NAGRO","companyname":"Nepal Agro Laghubitta Bittiya Sanstha Limited"},{"id":873,"symbol":"NAHL","companyname":"Nepal Araniko Hydropower Limited"},{"id":1220,"symbol":"NASL","companyname":"NIC Asia Securities Limited"},{"id":985,"symbol":"NATBIL","companyname":"National Banking Institute Limited"},{"id":387,"symbol":"NATINS","companyname":"National Insurance Company Limited"},{"id":914,"symbol":"NATL","companyname":"National Trading Limited"},{"id":1032,"symbol":"NAVKIRAN","companyname":"Navkiran Laghubitta Bittiya Sanstha Limited"},{"id":1172,"symbol":"NB84","companyname":"Nagarik Bachatpatra 2084"},{"id":778,"symbol":"NBA","companyname":"Nepal Bankers' Association"},{"id":11,"symbol":"NBB","companyname":"Nepal Bangladesh Bank Limited"},{"id":917,"symbol":"NBBD2085","companyname":"10.25% NBBL Debenture 2085"},{"id":421,"symbol":"NBBL","companyname":"Nagbeli Laghubitta Bikash Bank Limited"},{"id":702,"symbol":"NBBLPO","companyname":"Nagbeli Laghubitta Bikas Bank Ltd. Models of Microfinance Institutions in Nepal Microfinance is a financial service aimed at low-income individuals or at those who do not have direct access to typical banking services. The highest earnings per share of Diprox Microfinance is Rs 61.73. The paid up capital of Nirdhan Utthan is Rs 2.195 billion. Due to mergers and acquisitions with various microfinance institutions, the paid up capital of Mirmire has increased significantly during this period. The government of Nepal promoted microfinance companies by providing subsidized loans, not much legal hindrance for registration, and no paid-up capital requirement. Kolkata, Mar 4 (PTI) Leading microfinance institution VFS Capital is looking to raise around Rs 1,500 crore in the 2023-24 fiscal to support its growth and expansion plans, a top company official said. Rural Microfinance Development Center Limited (RMDC) which is already being traded in NEPSE has the highest paid up capital as well as highest Reserve and Surplus among all the 36 microfinance companies. The promoters can hold up to 70 NRB raises bank capital requirement to Rs 8 billion Diprox Microfinance is the biggest earner. Likewise, MFDB to be operated within 4 to Rs. "Our focus has been [] The microfinance companies operating in Nepal should maintain the following minimum paid-up capital on the basis of the level of operation. Paid Up Capital of 'C' Class Finance Companies In Nepal Note: Paid-up capital based on the financial statement of Mid July, 2022 [Ashad's end, 2079 BS] Share This Via: Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics. The private sector bank will acquire 26.45 million equity shares of microfinance company Sonata, of face value 10 rupees each fully paid up, for a total consideration of approximately 5.37 billion rupees, the private lender said in an exchange filing List of banks in Nepal - Wikipedia Its paid up capital has increased by 108.50% to reach Rs. As the deadline for meeting capital requirement passes, microfinance Hamro Pay: the new wallet in the town The Hamropatro Patro team is back with the new product 'Hamro Pay', a digital wallet having unique features such as 'Bill Its reserve fund is Rs. Minimum Capital Required for (A- Class) Commercial Banks The commercial Banks (A-Class) have to maintain at least Rs. . of Information) : 669/074-75. Chimmek Microfinance with a Reserve and Surplus of Rs 47.42 crore stands right behind Sana Kisan in terms of highest paid up capital. | The bonus dividend of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has been reduced from 38.5% to 34.45%. RMDC Microfinance's net profit declined by 18.68%. Top 10 Microfinance Companies in Nepal Paid-up Capital: Reserve and Surplus Net Profit Net interest Income Book Value Earning Per Share (EPS) Full Form of the companies: Top 10 Microfinance Companies in Nepal Following is the detailed information on the Top 10 Companies: Paid-up Capital: paid up capital of NRs 100 million is required. The 10 listed microfinance companies have made public their financial statements up to the fourth quarter of the last fiscal year. [1] Class D: Micro Finance Financial Institutions [ edit] Micro finance financial institutions are rated as Class "D" banks by the Nepal Rastra Bank. Its paid up capital has increased by 15% to Rs. o Minimum of 7 promoters are needed to establish a proposed MFDBs. Microfinance has been identified as an important policy instrument that allows greater financial and social independence for women and poor by facilitating access to financial services for the . 21.74 billion in the corresponding period of the previous year. So, soon there will be 114 microfinance companies in Nepal. [Updated List] Class A, B, C & D Banks & Financial Institutions in Sadhana Microfinance is the biggest reserve fund. 713.729 million. This is 36.72% more than the previous year. 27.47 billion in the second quarter. National Microfinance (NMFBS) Amends Bonus Dividend of FY 2078/79; What is the New Bonus Dividend Rate? Anantya Sundar on LinkedIn: #hamropay #wallet #nepal #digital # Minimum Paid Up Capital Requirement for A- Class Commercial Banks Minimum Capital Required for (B- Class) Development Banks 2023 All right Reversed.Banks Nepal Pvt Ltd, Top 10 Commercial banks of Nepal as Paid-Up capital, Reserve, CD Ratio and net profit. 8,000,000,000.00 as paid up capital. Cement Private Limited"},{"id":418,"symbol":"RMDC","companyname":"RMDC Laghubitta Bittiya Sanstha Limited"},{"id":751,"symbol":"RMDCPO","companyname":"RMDC Laghubitta Bittiya Sanstha Limited Promoter Share"},{"id":1089,"symbol":"RMF1","companyname":"RBB Mutual Fund 1"},{"id":1223,"symbol":"RMF2","companyname":"RBB Mutual Fund 2"},{"id":654,"symbol":"RRHP","companyname":"Rairang Hydropower Development Company Limited. NirdhanUtthan Bank Limited (NUBL) stands second in the race of highest paid up capital with a paid up capital of Rs 33.60 crore.Chimmek Bikas Bank Limited (CBBL)with a paid up capital of Rs28.36 crore is right behind Nirdhan Utthan in terms of paid up capital.