Kathmandu. Standard Chartered Bank's 19 percent dividend has been passed. The 37th annual general meeting of the bank held on Sunday passed the proposed 19 percent cash dividend. In the financial year 2022/23, the operating profit of the bank has reached 40.97 million rupees. Similarly,...
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Kathmandu. NEPSE Halted By 6% positive Circuit with 111 points increased. Share trading has been suspended for sunday after the market rose by 6 percent. Trading was closed after the market rose by 6 percent with the third consecutive circuit...
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Kathmandu. Nepal Rastra Bank has reduced the bank rate. Rastra Bank has reduced the bank rate from 7.5 percent to 7 percent while reviewing the monetary policy of the current financial year. Similarly, the policy rate has been reduced from 6.5 percent to 5.5 percent...
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Kathmandu. The private sector has given mixed reactions to the monetary policy review announced by Nepal Rastra Bank on Friday. The review, which said that a special policy has been taken to keep the real estate and stock market transactions running, has disappointed the real...
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Kathmandu. A total of 12 billion 74 billion 71 million insurance fees have been collected by non-life insurance companies till November of the current financial year. In the same period of the last financial year, non-life insurance companies earned a total of 13.35 billion 85...
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Kathmandu. The service facility of the Governor of Nepal Rastra Bank has increased by 24.18 percent in one year. According to Rashtra Bank, Governor Mahaprasad Adhikari received 16 lakh 32 thousand salary, 4 lakh 14 thousand meeting allowance and 4 lakh 45 thousand 335 rupees...
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Kathmandu. Nepal's stock market has fallen. As the internal problems of the economy are increasing, the shadow of recession has gripped the country. The interest rate has not decreased as expected and the morale of stock market investors has also not increased. One after the...
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The net profit of Nepal Rastra Bank has increased by 41.34 percent in the financial year 2079-80. During that period, the profit of the Central Bank, which has a paid-up capital of 5 billion, has reached the height of 87.6 billion 37 million 45 thousand...
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NRB made a profit of Rs 87.60 billion in FY 2022/23; Rs 25 billion to be allocated for govt. The Nepal Rastra Bank (NRB) is said to allocate Rs 25 billion from its profit of the last fiscal year (FY) for the Government of Nepal.
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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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