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.
Read More2 trillion 44 billion subsidized loans, 22 and a half billion interest subsidyKathmandu. Nepal Rastra Bank has provided 22 and a half billion rupees as interest subsidy until last October. 22 billion 398 million rupees interest subsidy was given while...
Read MoreKathmandu. Investors' interest in the stock market has increased in the last few weeks. Investors' morale has decreased in the past few years, but in the last few weeks, investors' attraction towards the stock market has increased.Last December 24th, the...
Read MoreKathmandu. 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...
Read MoreKathmandu – Tilak Raj Pandey has been appointed as the Chief Executive Officer (CEO) of Nepal Bank. Pandey was appointed as the CEO by the selection committee of the bank. The names of five people were selected in the CEO competition. Out of which Pandey...
Read MoreKathmandu. 5 names have been selected for the Chief Executive Officer (CEO) of Nepal Bank. The names of Ashok Kumar Paudel, Tilakraj Raj Pandey, Laxman Paudel, Dhruvachandra Gautam, Samata Pant have been selected for the CEO of the bank.Based on...
Read MoreKathmandu. In the first four months of the current financial year (FY), the current account surplus has reached close to 1 billion, while the current account surplus has reached 1.5 billion. The Economic Research Department of Nepal Rastra Bank has published this information in the...
Read MoreKathmandu. Chandra Prasad Dhakal has been elected unopposed as the chairman of Global IME Bank Limited. The first meeting of the 6-member board of directors unanimously elected from the 17th annual general meeting of the bank, re-elected Dhakal as the chairman.
Read MoreKathmandu. Banks have to pay tax on bargain purchase gains of mergers and acquisitions. Similarly, if bonus shares are given from the premium of FPO, then it has to be treated as income and tax has to be paid. The government, through the financial bill...
Read MoreKathmandu. 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,...
Read MoreKathmandu. NEPSE Halted By 6% positive Circuit with 111 points increased. Share trading has been suspended for sunday after the market rose by 6 percent. Trading was closed after the market rose by 6 percent with the third consecutive circuit...
Read MoreKathmandu. Nepal Rastra Bank has reduced the bank rate. Rastra Bank has reduced the bank rate from 7.5 percent to 7 percent while reviewing the monetary policy of the current financial year. Similarly, the policy rate has been reduced from 6.5 percent to 5.5 percent...
Read MoreKathmandu. The private sector has given mixed reactions to the monetary policy review announced by Nepal Rastra Bank on Friday. The review, which said that a special policy has been taken to keep the real estate and stock market transactions running, has disappointed the real...
Read MoreKathmandu. A total of 12 billion 74 billion 71 million insurance fees have been collected by non-life insurance companies till November of the current financial year. In the same period of the last financial year, non-life insurance companies earned a total of 13.35 billion 85...
Read MoreKathmandu. 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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