Kathmandu: As the share prices of commercial banks are decreasing in the secondary market and their PE ratio is also decreasing. According to share 'Screening Software Smart Wealth Pro', according to the share price of Chaitra 2080, the PE ratio of the bank group is...
Read MoreKathmandu: Indian Stock market set an all time high record in the first time in history, the market capitalization of companies listed on the Bombay Stock Exchange (BSE) in India has crossed 400 lakh crore Indian rupees (Bharu). On Monday morning, the total market capitalization...
Read MoreIn Nepal Financial Post has published a list of 10 largest cooperatives in the country based on total assets. Of the 10 cooperatives, naturally, the most i.e. 6 savings and loan cooperatives have been included in the list. The list includes 2 multi-purpose and 2...
Read MoreKathmandu: Bad loans of development banks have exceeded 27 percent. According to the latest data published by Nepal Rastra Bank, the NPL of banks has reached 27.75 percent.The impact of economic recession is now seen in the entire financial system....
Read MoreKathmandu. Fixed interest rate of 9.49 percent. Global IME Bank Limited has announced Green Drive Scheme at minimum interest rate to promote electric vehicles under auto loans.Under this Green Drive scheme, a loan will be available at a fixed interest...
Read MoreBAFIA : Bank and Financial Institutions Act 2073Kathmandu - A bill to amend the Bank and Financial Institutions Act (Bafia), 2073 has been registered in the Parliament. The Ministry of Finance has registered the bill in the House of Representatives with...
Read MoreIn the bill to amend the Act on Banks and Financial Institutions, 2073, a provision has been proposed that digital banks can also conduct banking and financial transactions.In the bill registered in the House of Representatives, it is proposed that...
Read MoreKathmandu. 14 candidates have been nominated for the director post of Nepal Investment Mega Bank. Election officer Shiv Kumar Shrestha informed that 14 people have applied to become the director of the bank.According to the election officer's office, 11 people...
Read MoreKathmandu. On the second trading day of the week, the Nepal Stock Exchange (NEPSE) increased by a few points. The NEPSE index increased by 3.27 points or 0.15 percent to reach 2073.53 points.On this day, the sensitive index of strong and...
Read MoreKathmandu. The 'Management Summit-2024' organized by the National Commercial Bank has been completed. The program was completed after extensive discussion among economists, banking experts and entrepreneurs about the problems and challenges seen in the national economy and banking sector. The program was organized by the...
Read MoreKathmandu. Nepal Rastra Bank is celebrating the project 'Global Money Week - 2024' in national coordination. Rastra Bank is celebrating Money Week with the main slogan 'Start from youth, strong foundation from savings'.Money Week is a week-long program related to...
Read MoreKathmandu. The stock market rose by 50 points this week. On the last day of last week, Nepal Stock Exchange (NEPSE) index was 2 thousand 30.55 points, this week NEPSE index increased by 50.32 points and closed at 2 thousand 80.87 points. 15 and a...
Read MoreKathmandu. The 'First Cooperative Digital Conclave' held in Kathmandu under the organization of the National Cooperative Federation has been completed with the issuance of a seven-point commitment letter. The conclave, which started on Thursday with the theme 'Digitizing Co-operative: Achieving Vision 2030'.
Read MoreKathmandu. Now it is possible to send money from India to the bank account of Nepal. Nepal Rasht Bank issued a circular under the Indo-Nepal Remittance Facility Scheme. Remittance from India to Nepal, as per the agreement of Nepal Rastra Bank and Reserve Bank of...
Read MoreKathmandu. In the 7 months of the current financial year 2080/81, commercial banks have made a profit equal to 35 billion rupees. According to the statistics published by Nepal Rastra Bank, 20 commercial banks have made a net profit equal to 35 billion 49 billion...
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