Nepal Investment Mega Bank
NIMB's share price fell slightly by 0.52% to Rs 191.6 today, with no specific news driving the move. The decline appears to be a minor correction following recent gains, likely influenced by broader market or sector sentiment.
Sector: Commercial Banking
Summary
Nepal Investment Mega Bank (NIMB) remains under scrutiny due to its CEO's detention linked to the Smart Telecom case and a large Rs 4.60 billion refund claim from Ncell. The bank continues to seek growth opportunities, such as its subsidiary managing Yeti Airlines' IPO, while navigating governance challenges. Recently, NIMB has also partnered with Sajha Yatayat to implement a digital ticketing system, signaling efforts to diversify its service offerings. Additionally, NIMB announced new features for its Home Loan Scheme, aiming to attract more retail customers.
Recent moves
Down 0.52% to Rs 191.6 — no specific news
Up 2.03% to Rs 195.8 — no specific news
Up 2.03% to Rs 195.8 — no specific news
Up 2.03% to Rs 195.8 — announcement of NIMB Home Loan Scheme features
Up 2.03% to Rs 195.8 — no specific news
Up 2.03% to Rs 195.8 — partnership with Sajha Yatayat for digital ticketing system
Up 2.03% to Rs 195.8 — no specific news
Up 2.14% to Rs 185.9 — no specific news
Gained 2.14% to Rs 185.9 — no specific news
No market data for today.
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Context
Recently, NIMB S Capital, a subsidiary of Nepal Investment Mega Bank, was appointed as the issue and sales manager for Yeti Airlines' upcoming IPO, indicating new business for the group. However, the bank has recently drawn attention due to the detention of its CEO for investigation related to Smart Telecom's property auction and unpaid dues. Adding to this concern, Ncell has now sought a significant Rs 4.60 billion refund from NIMB, following regulators' rejection of asset ownership in the Smart Telecom case, potentially impacting the bank's financial position. Additionally, NIMB has entered into a partnership with Sajha Yatayat to implement a digital ticketing system, reflecting its efforts to expand into digital services and strengthen its market presence. Most recently, the bank announced new features for its Home Loan Scheme, aiming to boost retail lending and attract more individual customers.
- last market date
- 2026-09-30
- last price
- 191.6
- last price change pct
- -0.52
- sector
- Commercial Banking
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