Category/cooperative-business (Total Articles : 77 )


NMB Bank led to investment in upper Modi A hydropower

NMB Bank led to investment in upper Modi A hydropower

Kathmandu. The 42 MW upper Modi 'A' hydropower project has been funded under the leadership of NMB Bank. . In this project, NMB Bank will invest 4 billion 40 crores and the rest will be loan investment from Hydro Electricity Investment and Development Company (HIDCL).

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Global IME Bank's 2 new branches in operation

Global IME Bank's 2 new branches in operation

Kathmandu. Global IME Bank Limited has launched 2 new branch offices. The bank has launched new branches in Malgamba Municipality-8 of Sarlahi, Dhulikhel Municipality-3 of Malgamba and Kavre, Dhulikhel. All banking services will be available from these two new branches from Monday.

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32 companies declared AGM on the 29th of Push 2080 and shareholders are confused ?

32 companies declared AGM on the 29th of Push 2080 and shareholders are confused ?

Kathmandu. Most of the companies are currently preparing for the annual general meeting. Some companies have completed the meeting but most of them have called the meeting. On the 29th of Push, 32 companies including 6 banks have called the meeting. According to the provision...

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NRB New Circular for Integrated Guidelines for Banks and Financial Institutions of Nepal

NRB New Circular for Integrated Guidelines for Banks and Financial Institutions of Nepal

Kathmandu. Nepal Rastra Bank has amended the integrated instructions issued for banks and financial institutions to implement the arrangements made through the monetary policy review. Amending the Integrated Directive 2080 on Sunday, the bank rate, which is the upper limit of the interest rate corridor,...

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Banks base rate has decreased, and How much banks base rate in Nepal ?

Banks base rate has decreased, and How much banks base rate in Nepal ?

Kathmandu. As the banks have started reducing the interest rate on deposits, the interest rate on loans is also decreasing automatically. According to the data released by the commercial banks, the base rate has decreased by an average of 6 percent during one year. 

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Global IME Bank Honored by Visa Payment Excellence Award

Global IME Bank Honored by Visa Payment Excellence Award

Kathmandu. Global IME Bank Limited has been honored with Visa Payment Excellence Award 2023. In the leadership conclave organized by Visha International in Kathmandu, the bank was given the award for being the best in promoting debit cards among Visha members to associate members in...

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Standard Chartered Bank's dividend of 2079/080 is 19 percercent

Standard Chartered Bank's dividend of 2079/080 is 19 percercent

Kathmandu. Standard Chartered Bank's 19 percent dividend has been passed. The 37th annual general meeting of the bank held on Sunday passed the proposed 19 percent cash dividend. In the financial year 2022/23, the operating profit of the bank has reached 40.97 million rupees. Similarly,...

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How much Salary scale of  Governor of Nepal ? Board Director of NRB Salary Allowances

How much Salary scale of Governor of Nepal ? Board Director of NRB Salary Allowances

Kathmandu. The service facility of the Governor of Nepal Rastra Bank has increased by 24.18 percent in one year. According to Rashtra Bank, Governor Mahaprasad Adhikari received 16 lakh 32 thousand salary, 4 lakh 14 thousand meeting allowance and 4 lakh 45 thousand 335 rupees...

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NRB Report Financial Status of Nepal Rastra Bank Fiscal Year 2079/080

NRB Report Financial Status of Nepal Rastra Bank Fiscal Year 2079/080

The net profit of Nepal Rastra Bank has increased by 41.34 percent in the financial year 2079-80. During that period, the profit of the Central Bank, which has a paid-up capital of 5 billion, has reached the height of 87.6 billion 37 million 45 thousand...

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NRB Report : Nepal Rastra Bank net  profit is  87.6 billion Fiscal Year 2079/080

NRB Report : Nepal Rastra Bank net profit is 87.6 billion Fiscal Year 2079/080

NRB made a profit of Rs 87.60 billion in FY 2022/23; Rs 25 billion to be allocated for govt. The Nepal Rastra Bank (NRB) is said to allocate Rs 25 billion from its profit of the last fiscal year (FY) for the Government of Nepal.

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Himalayan Capital Jointly operation After the acquisition of Civil Bank

Himalayan Capital Jointly operation After the acquisition of Civil Bank

After acquiring Civil Capital Market Limited, Himalayan Capital Limited has started an integrated business under the name of Himalayan Capital Limited. Consolidated trading has started from Friday 1st Dec 2023.  Sunil Prasad Gorkhali, Chairman of Himalayan Capital Limited and Bhola Bahadur Bista, Chairman of Civil...

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Hospitality Jobs Portal job4 online has been launched in Australia

Hospitality Jobs Portal job4 online has been launched in Australia

Kathmandu. The portal job4.online has been launched in Australia. The aim of this portal is to provide employment especially in the hospitality sector. From the portal job4.online  launched by Jab Pho Online Company, there is a demand for manpower in this field, from hospitality to...

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'Bank of the Year' 2023 Awarded to Prabhu Bank limited

'Bank of the Year' 2023 Awarded to Prabhu Bank limited

Kathmandu. Prabhu Bank has received the 'Bank of the Year' award for the year 2023. Prabhu Bank, which has been upgraded from a finance company to a commercial bank through Bikas Bank, has received this award for the first time.Prabhu...

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How much liquidity in the commercial banks of Nepal ? What is the plan to maintain liquidity Center Banks of Nepal

How much liquidity in the commercial banks of Nepal ? What is the plan to maintain liquidity Center Banks of Nepal

Kathmandu. After more liquidity in the banking system, banks have invested in the deposit collection equipment of Nepal Rastra Bank at 1 percent interest rate. After the inter-bank interest rate fell below 2 percent due to excess liquidity in the banking system, the National Bank...

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Microfinance companies profits has decreased, Find the Financial Reports of FY 2079/080

Microfinance companies profits has decreased, Find the Financial Reports of FY 2079/080

Kathmandu. Due to the increase in bad loans, the profits of most microfinance companies have declined. According to the details up to the first quarter of the current financial year published by microfinance, the profits of 18 companies are negative. In the period up to...

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