Month: May 2018
List for Nepse A grade companies (For sensitive index)
Company Name | Sector | Code |
Agriculture Development Bank | Bank | ADBL |
Bank Of Kathmandu | Bank | BOKL |
Century Commercial Bank | Bank | CCBL |
Citizen Bank International | Bank | CZBIL |
Civil Bank | Bank | CBL |
Everest Bank | Bank | EBL |
Global Ime Bank | Bank | GBIME |
Himalayan Bank | Bank | HBL |
Janata Bank Nepal | Bank | JBNL |
Kumari Bank | Bank | KBL |
Laxmi Bank | Bank | LBL |
Machhapuchhre Bank | Bank | MBL |
Mega Bank Nepal | Bank | MEGA |
Nabil Bank | Bank | NABIL |
Nepal Bangladesh Bank | Bank | NBB |
Nepal Bank | Bank | NBL |
Nepal Credit And Commercial Bank | Bank | NCCB |
Nepal Investment Bank | Bank | NIB |
Nepal Sbi Bank | Bank | SBI |
NIC Asia Bank | Bank | NICA |
NMB Bank | Bank | NMB |
Prabhu Bank | Bank | PRVU |
Prime Commercial Bank | Bank | PCBL |
Sanima Bank | Bank | SANIMA |
Siddhartha Bank | Bank | SBL |
Standard Chartered Bank | Bank | SCB |
Sunrise Bank | Bank | SRBL |
Nepal Doorsanchar Company Ltd | Other | NTC |
Citizen Investment Trust | Other | CIT |
Arun Valley Hydropower Development | Hydro | AHPC |
Butwal Power | Hydro | BPCL |
Chilime Hydropower | Hydro | CHCL |
Ngadi Group Power Ltd. | Hydro | NGPL |
Ridi Hydropower Development | Hydro | RHPC |
Soaltee Hotel Ltd. | Hotel | SHL |
Oriental Hotel Ltd | Hotel | OHL |
Asian Life Insurance | Life Insurance | ALICL |
Gurans Life Insurance | Life Insurance | GLICL |
Life Insurance Nepal | Life Insurance | LICN |
National Life Insurance | Life Insurance | NLICL |
Nepal Life Insurance | Life Insurance | NLIC |
Prime Life Insurance | Life Insurance | PLIC |
Surya Life Insurance | Life Insurance | SLICL |
Everest Insurance | Non Life Ins | EIC |
Himalayan General Insurance | Non Life Ins | HGI |
Lumbini General Insurance | Non Life Ins | LGIL |
Neco Insurance | Non Life Ins | NIL |
Nlg Insurance | Non Life Ins | NLG |
Prabhu Insurance | Non Life Ins | PRIN |
Prudential Insurance | Non Life Ins | PICL |
Sagarmatha Insurance | Non Life Ins | SIC |
Shikhar Insurance | Non Life Ins | SICL |
Siddhartha Insurance | Non Life Ins | SIL |
Chhimek Laghubitta Bikas Bank | Microfinance | CBBL |
First Micro Finance Development Bank | Microfinance | FMDBL |
Global IME Laghubitta Bittiya Sanstha | Microfinance | GILB |
Janautthan Samudayic Laghubitta Bikas Bank | Microfinance | JSLBB |
Kisan Microfinance Bittiya Sanstha | Microfinance | KMFL |
Laxmi Laghubitta Bittiya Sanstha | Microfinance | LLBS |
Mahuli Samudayik Laghubitta Sanstha Ltd. | Microfinance | MSLB |
Mero Microfinance Bittiya Sanstha Ltd. | Microfinance | MERO |
Mirmire Microfinance Development Bank | Microfinance | MMFDB |
Mithila Laghubitta Bikas Bank | Microfinance | MLBBL |
Nagbeli Laghubitta Bikas Bank | Microfinance | NBBL |
National Microfinance Bittiya Sanstha Ltd. | Microfinance | NMFBS |
Naya Nepal Laghubitta Bikas Bank | Microfinance | NNLB |
Nepal Grameen Bikas Bank Ltd. | Microfinance | NGBBL |
Nerude Laghubita Bikas Bank | Microfinance | NLBBL |
Nirdhan Utthan Bank | Microfinance | NUBL |
NMB Microfinance | Microfinance | NMBMF |
RSDC Laghubitta Bittiya Sanstha Ltd. | Microfinance | RSDC |
Rural Microfinance Development Centre | Microfinance | RMDC |
Samata Microfinance Laghubitta Bittiya Sanstha Ltd. | Microfinance | SMATA |
Sana Kissan Bikas Bank Ltd. | Microfinance | SKBBL |
Summit Micro Finance Development Bank | Microfinance | SMFDB |
Suryodaya Laghubitta Bittiya Sanstha Ltd. | Microfinance | SLBS |
Swabalamban Bikas Bank | Microfinance | SWBBL |
Vijaya Laghubitta Bittiya Sanstha | Microfinance | VLBS |
Womi Microfinance Bittiya Sanstha | Microfinance | WOMI |
Central Finance Ltd | Finance | CFCL |
Goodwill Finance Ltd | Finance | GFCL |
Guheswori Merchant Banking and Finance Limited | Finance | GMFIL |
Gurkhas Finance Ltd | Finance | GUFL |
ICFC Finance Ltd | Finance | ICFC |
Janaki Finance Ltd | Finance | JFL |
Jebils Finance Litd | Finance | JEFL |
Multipurpose Finance Company Ltd | Finance | MPFL |
Pokhara Finance Ltd | Finance | PFL |
Shree Investment and Finance Ltd | Finance | SIFC |
Srijana Finance Ltd | Finance | SFFIL |
Deva Bikas Bank | Development Bank | DBBL |
Excel Development Bank | Development Bank | EDBL |
Gandaki Bikas Bank | Development Bank | GDBL |
Garima Bikas Bank | Development Bank | GBBL |
Hamro Bikas Bank | Development Bank | HAMRO |
Jyoti Bikas Bank | Development Bank | JBBL |
Kailash Bikas Bank | Development Bank | KBBL |
Kamana Sewa Bikas Bank Limited | Development Bank | KSBBL |
Kanchan Development Bank | Development Bank | KADBL |
Kankai Bikas Bank | Development Bank | KNBL |
Mahalaxmi Bikas Bank Limited | Development Bank | MLBL |
Mission Development Bank | Development Bank | MIDBL |
Mount Makalu Development Bank | Development Bank | MMDBL |
Muktinath Bikas Bank | Development Bank | MNBBL |
Nepal Community Development Bank | Development Bank | NCDB |
Om Development Bank | Development Bank | ODBL |
Saptakoshi Development Bank | Development Bank | SKDBL |
Shangrila Development Bank | Development Bank | SADBL |
Shine Resunga Development Bank | Development Bank | SHINE |
Sindhu Bikash Bank | Development Bank | SINDU |
Tinau Development Bank | Development Bank | TNBL |
THE MAGIC OF COMPOUND INTEREST
Albert Einstein supposedly said, “Compound interest is the greatest force in the universe.”
What is compound interest? It is the money you earn by re-investing all the interest you earn. Compound interest is very important in to know how the rich get richer.
Here’s an example of compound interest. If someone were to offer you the choice between 1 cr cash now, or a Rupee on day 1, with that figure, doubled and compounded each day for 31 days, which should you take?
The correct answer is, you should take the latter one because it will amount to Rs.1,073,741,824. Here is how math works out:
Day 1: 1
Day 2: 1 x 2 = 2
Day 3: 2 x 2 = 4
Day 4: 4 x 2 = 8
Day 11: 1000.24
Day 21: 104,857
Day 31: 1,073,741,824
Calculation; Starting Date amount ×2No of timetodouble-1
Compounding interest is, after all, how the rich get richer.
‘Rule Of 72’
The rule of 72 is a shortcut to estimate the number of years required to double your money at a given annual rate of return. The rule states that you divide the rate, expressed as a percentage, into 72:
Years required to double investment = 72 ÷ (compound annual interest rate×100)
72÷(0.08×100), giving a result of 9 years