Category/exclusive-news (Total Articles : 2586 )
Non-life insurance companies profit is 891.2 million and which is highest profit of FY 2079/080
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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Top 10 commercial banks Dividend Announcement fiscal year 2079/080
Kathmandu. Currently, commercial banks with government ownership are declaring dividends in a hurry. Till the time of preparing the news, 10 out of 20 commercial banks have declared dividends. 9 banks, including the government-owned National Commercial Bank, are yet to declare dividends. They are...
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Global IME Bank Honored by best Taxpayer in Banking History of Nepal
Kathmandu. The government has honored the best taxpayers. Finance Minister Dr. Prakasharan Mahat honored the best tax payers of various sectors. The Nepal Telecommunications Company which filed the highest income tax in the financial year 2078/79 has been awarded. Dabur Nepal in the export...
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How Much Commercial banks of Nepal Interest rate on Mansir 2080
Kathmandu. Most of the commercial banks have reduced the deposit interest rates for the month of November. Banks have reduced the interest rate of deposits as the banking system has accumulated enough investable funds (liquidity) and the demand for loans has not increased.
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UCO Indian bank credited 820 crores in to the bank account holders and 649 crores only return back
Kathmandu. A Indian Bank UCO is in big trouble because of its small mistake. India's bank UCO bowed down and deposited 820 crore rupees in the accounts of common people. And the 8200 crore bank that was bent has not yet been brought back. So...
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Ramchandra Khanal as the CEO of Kumari Bank
Kathmandu. Ramchandra Khanal has been appointed as the CEO of Kumari Bank. Khanal was appointed as the CEO by the meeting of the bank's board of directors. The meeting accepted the resignation of former Ramesh Aryal to make Khanal the CEO.
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Who became a leader of the banking sector of Nepal ? Gyanendra Dhungana Vs Jyoti Prakash Pandey
Kathmandu . The management of Nepal's two major commercial banks, Nabil Bank and Nepal Investment Mega Bank, is now in the hands of eminent, experienced and popular personalities in the banking sector. Gyanendra Prasad Dhungana is leading the management of Nabil Bank as the Chief...
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Base Rate of Commercial banks of Nepal has decreased and cheap loans offer by banks
Kathmandu. Now the interest rate of banks is going to be cheaper. In the first quarter of the current year, banks have reduced the base rate and made their financial statements public. It is seen that the interest rate of the loan will also decrease...
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Top 10 Banks of Nepal Return on equity (ROE) is 8 percent and Prime and Himalayan Bank increasing position
Kathmandu. The average return on equity (ROE) of commercial banks in three months is around 8 percent. In the first quarter of the current financial year, the banks have earned an average return of 7.86 percent. During the review period, the banks have earned a...
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Financial Report of Nepal Rastra Bank 5 billion liquidity in commercial Banks of Nepal and lending is stopped, interest rates are still high
Kathmandu. Investable funds have started accumulating in the latest banking system. Liquidity in banks is getting easier. At present, the total amount with banks and financial institutions has reached 59 billion rupees. In the last one day, deposits of 4 billion rupees were added to...
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Why Share Market still down trending in Nepal
Kathmandu. The central bank's policy of NPR 40/120 million credit threshold against the shares had put the share market in crisis, causing the NEPSE index to plunge. Moreover, the Nepalese economy experienced a significant slowdown due to the pandemic, which affected the performance of many...
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Top 10 banks in Nepal distributable profit is negative
Kathmandu. In the first quarter of the current financial year (July, August, October), the distributable profit of 12 commercial banks has been seen as a loss. The distributable profit has been seen as a loss due to the non-rise of interest on loans made by...
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CIT Citizen Investment Trust profit has 13.82% Increased in Q1 FY 2080/81 and EPS at Rs 19.94
Kathmandu. Citizen Investment Trust (CIT) has released its comprehensive first-quarter report for the financial year 2080/81, revealing a notable rise in its comparative net profit by 13.82 percent. The latest financial data indicates that CIT recorded a net profit of Rs. 26.48 crores during the...
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Microfinance companies dividends to be 15 % limit
Kathmandu. All microfinance financial institutions have been suggested to keep a limit of 15 percent on dividend distribution. This suggestion has been made in the study report prepared by the high level study committee formed by Nepal Rastra Bank to study the current problems of...
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Unnati Sahakarya Laghubitta's FPO is Oversubscribed
Kathmandu. On the first day, 18.11 times more applications were received in the FPO of Unnati Sahasha Lagufinance Financial Institution. 283 thousand 344 investors have applied for FPO purchase. According to which, an application has been made for 32 lakh 33 thousand 280 shares in...
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