Kathmandu. 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...
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Kathmandu: 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...
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Kathmandu. 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...
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Kathmandu. 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.
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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...
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Kathmandu: 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...
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In 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...
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Kathmandu: 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....
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Kathmandu. 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...
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BAFIA : 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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In 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...
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Kathmandu. 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...
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Kathmandu. 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...
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Kathmandu. 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...
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Kathmandu. 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...
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