Category/business-economy (Total Articles : 81 )
The share mortgage loan limit in Nepal has been increased to 20 crores
Kathmandu. Nepal Rastra Bank has increased the share mortgage loan limit of 12 crores. Rastra Bank today issued a unified directive and increased the limit for both individuals and institutions. According to which the maximum single obligor limit for margin loans from any or all...
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How much right share issuing 10 Insurance companies of Nepal ?
Kathmandu. Out of the companies doing life and non-life insurance business, 10 companies are going to issue rights shares. With the approval of the Nepal Insurance Authority, a total of 10 insurance companies, 5 for life insurance and 5 for non-life insurance, will be allowed...
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How much Impairment Charges of commercial banks of Nepal ?
Kathmandu. Due to the increase in bad loans in banks, the expenses allocated for the management of the banks have increased by 94.26 percent in the last financial year. In the previous financial year, the amount of 13 billion 34 billion rupees and 85 billion...
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Highest Bad loan rates of commercial banks of Nepal is Kumari, Prabhu, Himalayan and Nepal Investment Mega Bank
Kathmandu. Due to borrowers not paying principal and interest on time, bad loans of banks have increased. Such poor and bad loans are called non-performing loans (NPL). In one year, the non-performing loans of some banks have doubled. According to the financial statements of the...
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Why is the US Federal Reserve bank currently raising interest rates in USA ?
Kathmandu. The US central bank has raised interest rates to the highest level in 22 years as it fights to stabilize prices in the world's largest economy. The decision lifted the Federal Reserve's influential benchmark rate to a range of 5.25% to 5.5%.
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Sun Nepal Life's IPO allotment and applicant got 50 unit shares
Kathmandu. The IPO allotment of Sun Nepal Life Insurance has been completed. The company has received labor approval from the relevant body of the Nepal government and will issue 960,000 shares at a nominal price of Rs. 100 In addition, a total of 239...
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Nepal Life Insurance's 'Business Excellence Conference' Completed with grandeur, honors and awards in 37 categories
Kathmandu. The three-day 'Business Excellence Conference' of Nepal Life Insurance Company has been completed. The conference was held at Sauraha in Chitwan with the slogan "Powerful Aggressive Policy". More than 230 employees working in sales and marketing from all over the country participated in the...
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Brokerage firm Morgan Stanley has upgraded India's stock market to 'Overweight' further Sensex to reach 68,500 by December 2023
Kathmandu. Morgan Stanley, the world's leading rating agency, has given a good signal for India. American brokerage firm Morgan Stanley has changed the rating of India's domestic stock market to 'overweight'. Earlier he had given equal weight to India. Converting equal weight to over weight...
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Nepal's biggest export is Information technology through Nepalese earned 67.5 billion Amount
Kathmandu. In the financial year 2078/79, Nepal exported goods worth two trillion. The amount earned by Nepal by exporting information technology services in one year is 43 percent of the total exports. However, earnings from information technology exports are not found in official...
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Next-Gen Cybersecurity Solutions launched by Kaspersky
Kathmandu: Sagar Group, an IT distribution company, unveiled its latest line of cutting-edge Next-Gen Cybersecurity solutions — Kaspersky Standard, Kaspersky Plus and Kaspersky Premium — from renowned cybersecurity provider Kaspersky. The event held in Kathmandu today featured an insightful sharing session by industry experts on...
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Eight lakh new taxpayers got PAN Number in Nepal
Kathmandu. Seven lakh 98 thousand 422 taxpayers have been added in the last financial year. Due to the addition of a large number of taxpayers under various headings in the same year, the basis for increasing the revenue sources of the government has increased.
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TiE Boston’s Aqua-Sol wins First Runner-Up at the 2023 on Global final competition
Kathmandu. At the Global Finals held in San Diego last week, TiE Boston's Young Entrepreneurs (TYE) team, Aqua-Sol won the 1st Runner-Up Award. The team, which consists of Soham Kulkarni, Samarth Bedre, Jacob Slavsky, Anoop Rampure and Karthik Pisupati, developed a technique that uses a...
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Stock Market of Nepal is wait and see condition : NEPSE decreased by 101 units and turnover is 5 billion on a week
Kathmandu. To the end of the financial year 2079.080, the stock market has been affected. The stock market has been affected this week due to the effect of mid-June. Tilak Koirala, an investor, said that although there is enough investable money in the banking system,...
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Nepal Rastra Bank has Published Economic Activity Study Report : Bank and Financial Status is Improvement
Kathmandu. Economic activity study report has been published. Nepal Rastra Bank has published a report on Tuesday after studying the half-yearly economic activity based on data from July to December of the current financial year 2079 and 80.The production of...
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Bank's history in the World and The word 'bank' was first time used in Italy
Kathmandu. The word 'banking' is not only in human life but also the economy of any big or small country depends on the banking system. The word 'bank' was first used in Italy. This Italian word was first used in 1157. The oldest bank in...
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