Kathmandu. Investment Bank (NIBL) and Himalayan Bank (HBL) are working hard to merge. The banks have stated that the due diligence audit (DDA) report required for merging with each other is being discussed in the board.Investment Bank has already passed...
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Kathmandu. The financial resources required for the 21.3 MW Khola Khola Hydropower Project, which is about to start construction with private sector investment in Nepal, have been mobilized. The hydropower project being developed by Samyukta Energy Pvt. Ltd. with the main investment of eminent businessmen,...
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Kathmandu. There are signs of lack of liquidity in the market. In the second week of last December, there was an excess liquidity in the banking system at around Rs 200 crore. At present, there is liquidity of Rs 47.38 billion, according to Nepal Rastra...
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Kathmandu. The 27 operating commercial banks have collected Rs 39.80 billion in deposits and disbursed Rs 94.03 billion in loans in March.Banks have increased their deposits from Rs 37.86 billion to Rs 38.26 billion by mid-February, an increase of 1.05...
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Kathmandu. Nabil Bank has demanded a large number of employees at once. The bank has published a notice and demanded 89 employees in various posts.The bank has demanded management trainees, trainee assistants and employees in information technology through open competition....
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Kathmandu. For the first time, Sarvottam Cement is going to issue ordinary shares (IPO) through book building. The company said on Wednesday that it would issue an IPO worth Rs 6 million through Book Building.The company will issue 15 percent...
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Kathmandu. Nabil Bank has launched a very attractive scheme for personal term accounts. The bank hopes that the scheme will help alleviate financial hardship as it will provide higher interest rates on personal term deposits of Nepalis.Nabil Bank has raised...
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Kathmandu. Revenue Secretary Ram Sharan Pudasaini said that the fund should mobilize investment in infrastructure and productive sectors. On the occasion of the 31st anniversary of the Citizens Investment Fund, Secretary Pudasaini said that it was time for the fund to do more work for...
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Kathmandu. Rastriya Banijya Bank's interest rate on business loans has come down. The bank's business loan interest rate has been reduced by 0.5 percent. The bank has said that the interest rate has also come down along with the reduction in the premium rate on...
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Kathmandu. The Securities and Exchange Board of Nepal (SEB) has given permission for the issuance of securities worth Rs. The Nepal Securities Board (NSB) has been allowed to issue ordinary shares worth Rs 10.93 billion, debentures worth Rs 10.64 billion, rights shares worth Rs 1.96...
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Kathmandu. A total of 213 banks and financial institutions have joined the merger / acquisition process till mid-January 2077 BS after the process of merger and acquisition of banks and financial institutions was started.Out of this, the licenses of 161...
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Kathmandu: Nepal Rastra Bank (NRB) has made public its economic and financial situation based on the data for the first seven months of the current fiscal year. According to the central bank, total merchandise imports increased by 0.01% to Rs. 803.64 billion in the first...
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Facebook bans viewing and sharing of news in Australia: The reason is Australia. Facebook says it will prevent users in Australia from sharing news on the platform. Australia is preparing to enact a new "media code" into law.This is great...
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Kathmandu Greenlife Hydropower's IPO has been listed in Nepse. Trading in the company's shares will be open from tomorrow.Nepse has also specified its opening range. Accordingly, the first transaction will be within a minimum of 99 rupees 67 paise to a maximum of 299 rupees 1...
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Kathmandu. Share prices of two companies have been adjusted on the Nepal Stock Exchange (NEPSE). On this day, Nepse has adjusted the share price of Nepal Hydro Developers and Mahalakshmi Development Bank.For the purpose of general meeting and dividend distribution,...
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