A bond is a fixed income instrument in which a loan is give by an investor to a borrower. If you buy a bond from a company, you have that amount to the company, and like all other loans, you earn an interest on your investment.
Last Updated Date: May 17, 2022
Kumari Bank Limited is a commercial bank existing as the fifteenth industrial financial institution of Nepal by beginning its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of offering competitive and current banking services financial market. Kumari Bank Limited has acquired Kasthamandap Development Bank, Mahakali Bikas Bank, Kakrebihar Bikas Bank, Paschimanchal Finance. Kumari Bank Limited is currently trading on Nepal Stock Exchange with the symbol KBL. KBL has provided a dividend return of 8.5 percent in the fiscal year 2074/75. Kumari Bank Limited has appointed Kumari Bank Limited as its share registrar. The Bank has been imparting both Domestic and International Visa Debit Card and Credit Card, accessible in all VISA linked ATMs in Nepal and India, presenting extra offerings to the clients thru its 108 ATMs and quite a few POS terminals by exemplifying exact company governance, proactive danger management practices, and most efficient corporate social responsibility. Along with this, the Bank has additionally been presenting today's Mobile Banking, Internet Banking, Viber Banking, and QR PaymentsKumari Bank Limited have been providing wide-range of modern-day banking services through 221 factors of illustration located in a number of urban, semi city section and rural components of the country, with 186 branches, thirteen extension counters and 22 Branchless Banking Units. The bank aims to supply progressive products and offerings to their customers, use these innovative products to reap financial inclusion, and do so by exemplifying exact company governance, proactive danger management practices, and most efficient corporate social responsibility.
A bond is a fixed income instrument in which a loan is give by an investor to a borrower.Loans Against Securities is available in the form of an overdraft facility which is pledged against financial securities like shares, units and bonds. Loan Against Shares/Bonds/Mutual Funds is basically a loan where you pledge the securities you have invested in as collateral against the loan amount.
A bond is a fixed income instrument in which a loan is given by an investor to a borrower.If you hold the government bonds yourself, you can either open a margin brokerage account, put the bonds in the account, then borrow against them, or you can borrow from a bank using the bonds as collateral.Bonds are subject to risks such as the interest rate risk, prepayment risk, credit risk, reinvestment risk, and liquidity risk.While granting advances against shares held in joint names to joint holders or third party beneficiaries, banks normally ensure that the objective of the regulation is not defeated by granting advances to other joint holders or third party beneficiaries to circumvent the limits placed on loans/advances against shares and other securities.Banks avail the facility of Pledge of the dematerialized shares/debentures in the depository system, whereby the securities pledged by the borrower get blocked in favour of the lending bank. The loan limit depends on the valuation of the security, applicable margin and ability to service and repay the loan. Loan is normally given in the form of overdraft facility against the pledge of the securities. Interest has to be paid for the amount and period for which the overdraft facility is utilized. A declaration is obtained from the borrower indicating the details of the loans / advances availed against shares and other securities, from any other bank, in order to ensure compliance with the ceilings prescribed for the purpose.
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