Kathmandu: The base rate of all 20 commercial banks for the month of Baisakh has come to a single digit. Compared to March, the average base rate of commercial banks has decreased by 0.30 percentage points in May. The average base rate of commercial banks...
Read MoreKathmandu: According to the financial statements of the third quarter of the current financial year 2080-81, the average return on equity (ROE) of commercial banks is 10.96 percent. This is much less than the last years. Before the onset of Covid-19 and economic recession, the...
Read MoreKathmandu. Ashok Shamsher Rana has been appointed as the Chief Executive Officer (CEO) of Himalayan Bank. Rana was reappointed as the CEO in the meeting of the company's board of directors held on 2024 March 27. The company informed through NEPSE that Rana has been...
Read MoreKathmandu: The average earnings per share (EPS) of commercial banks has remained at 11 rupees 91 paise in the 8 months of the current financial year, i.e. till February. Earnings per share have been calculated based on the profit of banks published by Nepal Rastra...
Read MoreKathmandu: The stock market has become positive in the final hours of Sunday. On this day, the NEPSE index increased by 12.29 points to 1984.43 points. Shares worth more than 2 billion 25 million rupees have been traded. Indicators of 11 out of 13 groups...
Read MoreKathmandu. Bad loans of commercial banks are increasing. It seems that the bad loans of some banks have reached above the limit. The third quarter financial statement of the current financial year published by the banks has shown this.The bad...
Read MoreKathmandu: By the end of the third quarter of the current financial year, the net profit of commercial banks has decreased by 13.47 percent to 40 billion 683 million 81 thousand rupees. In the same period of the previous year, the banks earned a net...
Read MoreKathmandu. In the third quarter of the current financial year 2080/81, the distributable profit of most of the commercial banks is negative. According to the statistics of the financial statements released by the banks, the distributable profit of 10 commercial banks is negative and 7...
Read MoreKathmandu. Goods worth more than 11.5 billion have been imported till March of the current financial year. According to the data released by the Customs Department, the import in March decreased by 2.84 percent to 11 trillion 67 billion 3698 million rupees.
Read MoreKathmandu: 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...
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