6 trillion 40 billion Bank notes across the countryNepal has its currency. The Nepal currency’s name is the Nepalese Rupees. Would it be fantastic to go on trips without worrying about money? It would, but we live in a capitalist world that...
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Kathmandu. Pakistan's Habib Bank is going to exit by selling its shares in Himalayan Bank. Habib will sell 28 million 12 thousand 447 shares in Himalayan to Himalayan Reinsurance Company. The Chief Executive Officer of Himalayan Bank Ashok Shamser Rana informed that the share purchase...
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Kathmandu. After the accumulation of more liquidity in the banking system, the inter-bank interest rate has fallen to the line of 1 percent. Now the banks have accumulated a huge amount of money for loan investment. With the increase in the amount of investable funds...
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Kathmandu. Nepal Rastra Bank quarterly review of monetary policy. Confederation of Banks and Financial Institutions Nepal (CIBIFIN) has given various suggestions for the review of monetary policy.These are CBFIN's recommendations 1. The provisions...
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Kathmandu. Along with the business growth of insurance companies, the earnings per share have also increased significantly. In the first quarter of the current financial year 2080/81, the earnings per share increased along with the profits of insurance companies.The average...
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Kathmandu. Economic activity has been affected due to the increase in prices in the international market, disruptions in the supply chain and slackness in overall demand. According to the National Statistics Office, last year's economic growth rate will be limited to 1.86 percent. The World...
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Kathmandu. On Sunday 3rd December 2023, fine gold is being traded at Rs 120,800 per tola, compared to Rs 119,000 per tola on Friday. The Federation of Nepal Gold and Silver Dealers' Associations reports that this is the highest price of gold...
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After acquiring Civil Capital Market Limited, Himalayan Capital Limited has started an integrated business under the name of Himalayan Capital Limited. Consolidated trading has started from Friday 1st Dec 2023. Sunil Prasad Gorkhali, Chairman of Himalayan Capital Limited and Bhola Bahadur Bista, Chairman of Civil...
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Kathmandu. The portal job4.online has been launched in Australia. The aim of this portal is to provide employment especially in the hospitality sector. From the portal job4.online launched by Jab Pho Online Company, there is a demand for manpower in this field, from hospitality to...
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Kathmandu. Prabhu Bank has received the 'Bank of the Year' award for the year 2023. Prabhu Bank, which has been upgraded from a finance company to a commercial bank through Bikas Bank, has received this award for the first time.Prabhu...
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Kathmandu A loan agreement worth more than one billion US dollars was signed between the Bangladesh government and the Asian Development Bank (ADB) on Tuesday. The loan will help Bangladesh improve energy efficiency, ensure vaccine supply security, develop clean drinking water and information technology (IT)...
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Kathmandu. After more liquidity in the banking system, banks have invested in the deposit collection equipment of Nepal Rastra Bank at 1 percent interest rate. After the inter-bank interest rate fell below 2 percent due to excess liquidity in the banking system, the National Bank...
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Kathmandu. Nepal Rastra Bank has adopted more flexibility in the process of blacklisting those who have taken loans and not paid interest. The suffering will be reduced for the companies that have secured loans and have worked in joint ventures.By...
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Kathmandu. Due to the increase in bad loans, the profits of most microfinance companies have declined. According to the details up to the first quarter of the current financial year published by microfinance, the profits of 18 companies are negative. In the period up to...
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Kathmandu. 14 non-life insurance companies currently operating in Nepal and 13 companies have published their unrefined financial statements for the first quarter of the current financial year. Till this period, 13 non-life insurance companies have managed to earn a profit of 89 crore 12 lakh...
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