Category/business-economy (Total Articles : 81 )
Banks can provide loans : Now Bank interest rate and CD Ratio decreased
Kathmandu. Now most of the banks and financial institutions are marketing loan products. Borrowers are requested to request a loan. Earlier, in order to increase deposit collection in banks and financial institutions, the banks had introduced a plan to increase the savings up to...
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CIT (Citizen Investment Fund) 33rd anniversary has completed
Kathmandu- The 33rd anniversary of Citizen Investment Fund has been completed. The fund celebrated its anniversary by organizing a ceremony at the fund's office.Revenue Secretary of the Ministry of Finance at the anniversary ceremony. Ram Prasad Ghimire said that on...
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US 16th largest Silicon Valley Bank (SVB) has Collapsed
Kathmandu. Silicon Valley Bank (SVB), America's 16th largest bank, has closed. With this, the bank's 40-year run has come to an end. The regulators closed the bank on Friday and seized the deposits. Silicon Valley Bank, the 16th largest bank in the US, has been...
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A shock to China's economic growth by Corona pandemic
Kathmandu. Covid -19 has badly shaken China's economy. Because of this, China's economic growth rate target is seen to decrease. China has set a target of 5 percent economic growth rate for this year. According to the government's task force report, the National People's Congress...
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The stock market continued to decline as the worse economic scenario of Nepal
Kathmandu. The decline in the capital market continued on Thursday. The NEPSE index fell by 26.48 points to 1969.01 points. 1 billion 33 crore shares have been traded. As the index continues to face pressure, turnover is also drying up.As...
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A downturn in the UK economy, shortages of fruit and vegetables in supermarkets
Kathmandu. In UK, it has been banned to buy more than 2 potatoes and tomatoes. There is also a shortage of fruits and vegetables. Limits are set in supermarkets. Even by paying money, you cannot buy things like potatoes and tomatoes in large quantities. You...
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Monetary policy review: Rastra Bank has address the expectations of the private sector ?
Kathmandu. The day after the National Bank amended the law by including some loose provisions, it again published a monetary policy review with a tight trend. Although the semi-annual monetary policy of the current financial year has given some relief to the small and medium...
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Commercial banks bad loans has Increased
Kathmandu. It has been seen that there has been a huge increase in the bad loans of the commercial banks that have gone through the merger. This was seen in the unrefined financial statements of the second quarter of the current financial year released by...
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Infodevelopers 'CAN In-Fotech-2023' has started at Bhrikutimandap Kathmandu
Kathmandu. The exhibition 'Infodevelopers Can Infotech-2023' has started from today at Bhrikutimandap. Communication and Information Technology Minister Rekha Sharma inaugurated the exhibition.The exhibition organized with the aim of providing information about various products and services in the field of information...
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97 billion 10 million in surplus but Current account deficit of more than 29 billion
Kathmandu. As of the end of January of the current financial year, the balance sheet is in surplus by Rs. 97 billion and 10 million. This is seen in the current economic and financial situation of the country published by Nepal Rastra Bank.
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The preparation of the new budget has started- the capacity and needs of the government will be taken : Bishnu Poudel (finance minister)
Kathmandu. Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said that while bringing the budget for the next financial year and spending the budget for the remaining period of the current year, the government will proceed by looking at the capacity and needs...
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Internet banking with ATM, wallet charges reduced : Now mobile banking through up to 3 lakh transactions per day
Kathmandu. Nepal Rastra Bank has reduced ATM fees. The bank has reduced the inter-bank ATM, wallet and internet banking fees by issuing the integrated directive on payment system, 2079. The National Bank has reduced the fees charged for withdrawing money using wallet, internet and card...
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Trade loss exceeded 7 billion: Imports decreased by 20 percent and exports decreased by 32 percent
Kathmandu. In the 6 months of the current fiscal year 2079/80, the trade deficit is more than 7 billion. This is shown by the statistics published by the Customs Department up to the end of January of the current year.During...
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Rs. 43 billion deposits added in banking system of Nepal
Kathmandu.Deposits of 43 billion rupees have been added to the banking system within a week. According to Nepal Rastra Bank, as of January 3, the total deposits of banks and financial institutions are 53 trillion 54 billion rupees. The total deposit was 53 trillion 11...
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25 microfinances declare dividend and 7 microfinances AGM completed
Kathmandu. Banks and financial institutions are announcing dividends in a hurry. Financial companies have announced the distribution of dividends to their shareholders from the profits of the last financial year 2078/79.So far, most of the banks have declared dividends and distributed...
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