Kathmandu. Nepal Rastra Bank has received application for refinancing of Rs. 72 billion. Chief of the Department of Banks and Financial Institutions Regulation, Nepal Rastra Bank, Dev Kumar Dhakal said that they have demanded refinancing of Rs 72 billion from 44 banks and financial institutions.
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The government has amended the Unified Procedure on Interest Subsidy for Concessional Loans, 2075 BS for the third time. Nepal Rastra Bank has informed that the working procedure has been amended as per the decision of the cabinet meeting held on September 25. To become...
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Nepal Rastra Bank has implemented new procedure to approve dividends of licensed banks and financial institutions. In order to bring uniformity in the process of making the annual accounts public and giving approval, the NRB has implemented the Procedure 2077 regarding consent to publish financial...
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Kathmandu. Eight different commercial banks have announced to pay dividend to the shareholders from the profit of the last fiscal year 2076/77.Among the banks that have declared dividends, NIC Asia Bank will pay the most. NIC Asia Bank will pay...
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Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has instructed the banks and financial institutions not to put more stress on the industrialists and businessmen who are facing problems due to corona virus (Covid 19).The governor's official gave the...
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Kathmandu. There is confusing whether the Corona insurer will get Rs 25,000, Rs 75,000 or Rs 100,000 of 1 Lakh corona Insurance's. Corona Insurance initially had an insured amount of Rs 100,000 and Rs 50,000, submitted the document confirming the corona...
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Kathmandu. Finance Minister Bishnu Poudel has said that it is challenging to restore the contraction in the country's economy due to the Kovid-19 epidemic.He said the risk of covid infection had a serious impact on the country's production and employment,...
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The Board of Directors of Standard Chartered Bank has proposed to pay 11.84 percent dividend to its investors. However, the ratio of bonus shares to cash dividends is not seen in this proposal. That is why the NRB has made it clear that it will...
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It is important to invest wisely. Without the right knowledge, starting a quick investment can be like pouring water on sand. So, how to make the right investment? The answer is simple: study. It is very important to study the books of successful investors for...
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Companies maintain a register of shareholders. Before the general meeting, distribution of dividends and issuance of right shares, the shareholders close the book for a certain period of time so that the registration of shares is not rejected and the name is not transferred.
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A counterfeit note is a copy of a note made by a person, organization or body without obtaining legal rights with the intention of committing fraud in any way.Article 52 of paragraph 6 of the Nepal Rastra Bank Act 2058...
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Kathmandu. Shares worth Rs 3.37 billion were bought and sold on Thursday, the last day of the year. Though the stock market index Nepse turned negative by 1.78 percent, the transaction amount has increased by Rs 310 million as compared to the previous day.
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Banks' profits are expected to decline further due to the Corona epidemic. Not only that, the general public is beginning to be concerned and worried that the banks may go bankrupt. However, the corona epidemic has had some positive effects on banks....
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Kathmandu. Nepal Rastra Bank has amended the Bank Account Operation Directive 2076 of government transactions. The first amendment of the Government Transaction Directive 2076 has been made for the operation of the account.NRB has allowed only commercial banks to operate...
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The share market index Nepse has risen on the first day after the tenth holiday. On Wednesday, the Nepse index increased by 41.20 points and closed at 1647.46 points.During the trading period, 93,22,085 shares of 188 companies were bought and...
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