Kathmandu. As the second wave of corona virus infections intensifies, its effects are also being felt in the financial system. Bankers have said that the demand for new loans has been affected even though the flow of credit to banks and financial institutions has decreased.
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Kathmandu: The latest statistics of borrowing on the security of shares has been made public. According to the data of Nepal Rastra Bank for the last eight months, banks and financial institutions have disbursed share pledge loan of Rs. 81.41 billion. As of mid-February last...
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Kathmandu. Mahalakshmi Development Bank has made a net profit of Rs. 403.6 million till the third quarter of the current fiscal year. According to the bank's financial statement released on Tuesday, the net profit has increased by 1.57 percent this year as compared to last...
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Banke. The District Kovid-19 Crisis Management Center has decided to lock down Banke for at least a week.A meeting of the District Covid-19 Crisis Management Center in Banke on Tuesday decided to hold a one-week strike to break the chain...
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Rupendehi. Six people died of corona infection in Rupandehi on Monday alone.According to the Health Office, Rupendehi, four people died at the UCMS Covid Hospital Unit in Bhairahawa and two died at the Corona Special Hospital of Lumbini Provincial Hospital...
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Kathmandu. In the last 24 hours, an additional 193 children have been confirmed to be infected with the corona virus. According to the Ministry of Health and Population, there are 43 children in the age group of 0 to 9 years and 150 children in...
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Kathmandu. The stock market Nepse index has risen by a modest 2.68 on Tuesday. The stock market, which has been declining for the last two days, rose modestly on Tuesday.The share price of Mahila Microfinance and United Modi Hydro Limited...
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Kathmandu. The Netherlands has defeated Nepal in an exciting competition under the triangular T20 series today.The Netherlands met the target of 207 runs set by Nepal with three balls to spare.Netherlands batsman Bass de Liddy...
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Kathmandu. Nepal Rastra Bank has issued a nine-point directive to reduce corona infection. NRB has issued instructions to the banks and financial institutions to make them aware of the Covid 19 Corona virus infection. The directive says that banks and financial...
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Kathmandu. The NRN Nepal Development Fund has been established in Nepal with a capital of Rs. 10 billion to invest in infrastructure, productive and other sectors.As per the information given in the press conference organized by the Ministry...
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Kathmandu. Kamana Seva Bikas Bank Limited has earned a net profit of Rs. 586.156 million as of mid-April of the current fiscal year. This is seen in the unrevised financial statements of the bank up to the third quarter of the current fiscal year. This...
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Kathmandu. Shares of four companies were listed on the Nepal Stock Exchange (NEPSE) on Sunday. Shares of Nepal Investment Bank, Garima Development Bank, Citizens Investment Trust and Sana Kisan MFI are listed in Nepse.13 percent bonus shares of Nepal Investment...
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Kathmandu. The Nepal Stock Exchange (NEPSE) has seen a sharp decline on Sunday. The NEPSE index dropped by 35.89 points and stood at 2699.51 points.According to Nepse, the turnover was Rs 8.80 billion. Except for one group, all other groups...
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Kathmandu. The merger between Nepal Investment Bank and Himalayan Bank has been confirmed. A Memorandum of Understanding (MoU) is to be signed between the two banks to formally merge by April 30.The merger process between the two banks has gained...
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Kathmandu. Corona infection has been confirmed in 900 people across Nepal on Friday. According to the Ministry of Health and Population, 836 people have been infected with PCR and 64 with antigen testing in the last 24 hours.According to the ministry, 5,537...
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