Kathmandu. 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...
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Kathmandu. 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'.
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Kathmandu. 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...
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Kathmandu. 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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Kathmandu. Nineteen people, including the former deputy governor of Rashtra Bank, have applied to become the chairman of the Securities Board of Nepal (SEBON). Till the last day, 19 people including former Deputy Governor of Nepal Rastra Bank Shivraj Shrestha has applied.
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Kathmandu. Most of the banks have reduced the interest rate of fixed deposits for the month of March. Commercial banks, which have been continuously reducing interest rates since the liquidity eased recently, have also reduced them in March.The interest rate...
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Kathmandu. Development banks have reduced interest rates for the month of March. As the liquidity in the banking sector becomes easier, the development banks are also continuously reducing the interest rates. The continuously decreasing interest rate has been continued even in March. The interest rate...
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Kathmandu. The price of gold has set a new record in Nepali gold and silver market. In the gold and silver market, the price of gold has been fixed at Rs 1 lakh 23 thousand per tola on 5th March 2024.
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The banker focus into 'balance sheet management'Kathmandu. Banks and financial institutions, which were once aggressive in business expansion, are now engaged in balance sheet management. As bad loans are increasing every month, the bankers are taking up balance sheet management....
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Kathmandu. Global IME Bank Limited has launched branchless banking services from 2 more locations. The bank has launched branchless banking services in Bandipur Village-6, Huslang and Bandipur Village-6, Sarangghat of Tanahun under Gandaki province. With the operation of these two new branchless banking services,...
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Kathmandu. Cooperative monitoring will be done in coordination with Nepal Rastra Bank and Cooperative Department. With the cooperation and coordination of the department and the National Bank, the monitoring of cooperative societies with a share capital of more than 50 million rupees will be conducted...
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Kathmandu : In the 7 months of the current fiscal year, there has been a decline in the insurance business of non-life insurance companies. Statistics show that the insurance business of the top 6 companies has declined this year mid of February 2024 A.D, until...
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Kathmandu. Nepal Rastra Bank also set the growth rate of loans to the private sector at 11.5 percent through the monetary policy of the current fiscal year 2080/81. Before that, the banks which were aggressively expanding their business got a bit hesitant after that policy...
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Kathmandu. Government banks are becoming more efficient in providing salary to employees. According to the latest data published by the National Bank, employees working in government-owned banks have enjoyed more service facilities than commercial banks run by the private sector. According to the data released...
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Kathmandu. The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement to invest 56 million US dollars in Global IME Bank Ltd. This investment will be mobilized to increase financial access to small and medium enterprises, including businesses run...
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