Kathmandu. Loans from banks and financial institutions to the private sector increased by 14.1 percent. Such loans increased by 8.9 percent in the corresponding period of the previous year, according to the seven-month data released by the National Bank.On a...
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Kathmandu. The number of corona infections is on the rise across the country. In 24 hours, 114 active infected people have been added. In the last 24 hours, 79 more people were infected with Kovid-19 in the last 24 hours across the country.
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Himalayan Bank, Nepal Investment Bank and Civil Bank are going to merger process soon Kathmandu. While the merger of Himalayan Bank and Investment Bank is being discussed, discussions between these two banks have been moving forward recently.
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Kathmandu: Banks and financial institutions have made general changes in interest rates. According to the interest rates made public by the banks to be implemented from March 20, only a few banks have increased their interest rates as compared to March. New interest rates on...
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Kathmandu, Book building system is a new practice for Nepal. Earlier, IPO was issued from premium but book building was not in vogue. Now this international practice is also starting here. Book building is the process by which a company issues an IPO by determining...
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Kathmandu, India is now preparing to ban digital currency (cryptocurrency). The government has not responded to the discussion on bringing a bill in the new budget.Bitcoin, the world's largest cryptocurrency, broke all previous records on Saturday, hitting 60,000. At present,...
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Kathmandu. Nepal Infrastructure Bank is going to issue bonds from London Stock Exchange of UK. NEFRA Chief Executive Officer Ram Krishna Khatiwada said that a bond worth ३० 30 million would be issued on the London Stock Exchange within the current financial year.
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Bajura. Bajura's Khaptad Chhededaha village municipality has been declared the first village municipality in the country to complete the 'One House: One Bank Account' campaign. The campaign has been completed in collaboration with Chhededaha branch of Himalayan Bank Limited.Krishna Raj...
Read MoreKathmandu. CAN Infotech 2021 is scheduled to start from 28th of Baishakh. According to the CAN Federation, the six-day Infotech will be held on May 20. At a press conference held in the capital Kathmandu, CAN Federation President Nawaraj Kumar informed that sponsors and stalls...
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Kathmandu. Sunrise Capital plans to launch under Sunrise Mutual Fund, 'Sunrise Bluechip Fund'. It is a closed ended mutual fund.Under this scheme, Capital is issuing 100 million units at a face value of Rs. Out of which, a minimum of...
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Kathmandu: US billionaire Warren Buffett has joined the USD 100 billion club for the first time. His net worth has reached one hundred billion US dollars.He is joined by Elon Musk, Jeff Bezos and Bill Gates. Buffett is also the...
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Kathmandu. Preparations are underway to set up four more reinsurance companies in Nepal. The concerned planners have intensified the preparations for the establishment of the company after the Insurance Committee started the study on the issue of setting up the company in additional reinsurance.
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- Prakash Bikalpa, Author (The roadmap of prosperity Book)Good governance is one of the most debated issues in Nepal. And good governance is something that has never been achieved. Irregularities have taken root in Nepal in...
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Kathmandu. The assets of stock market investors have declined by Rs 2.5 trillion in the last two weeks. The value of assets of scrips listed on the Nepal Stock Exchange fell by Rs 250 billion in 15 trading days to below Rs 34 trillion.
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Kathmandu. The proposed ‘Kathmandu Re’, which is about to come as a company in the second reinsurance, the founding shareholders More. There is a problem of how to manage such investment as there is more investment than expected.
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