Category/exclusive-news (Total Articles : 2595 )
Banks of Nepal first quarter report of 2080/081: Nepal Investment Mega Bank's profit is highest as 1 billion 52 crores over
Kathmandu. Nepal Investment Mega Bank has become the most profitable bank in the first quarter of the current financial year 2080/081. The bank has earned a profit of 1.52 billion in the first quarter of the current year. During the same period of the previous...
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Commercial Banks of Nepal profit is 15 billion in the first quarter of 2080/081 as top 12 banks has decreased
Kathmandu. All 20 commercial banks have published their financial statements for the first quarter of the current year within the time limit given by the National Bank. In the first quarter of the current year, 20 commercial banks have earned a profit of 14.75 billion...
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'SIM Swap Fraud' scams in India : 8 million Indian rupees lost from the bank account after a missed call on the mobile phone
Kathmandu. A lawyer in the capital of India, New Delhi, has become a victim of a 'phone hacking scam' or a 'SIM swap' incident. An unauthorized person gained access to the SIM card in the woman's name and stole 50 lakhs (Rs 80 lakhs) from...
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Hydropower companies rights shares are being issued as 11 billion worth
Kathmandu. 11 companies related to different sectors are preparing to issue rights shares. 10 hydropower companies and one development bank are waiting for the permission of the Nepal Securities Board (SEBON) for the issuance of rightful shares in the pipeline. According to which, those companies...
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Bitcoin's price history : Prices have doubled in 2023
Kathmandu. In the world market, the price of the virtual currency Bitcoin has surged in the month of October. The price of this currency, which fell from 34,000 in May 2022, has reached close to 35,000 after about a year and a half. In the...
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Binod Atreya honored with Victoria University Alumni Awards-2023
Kathmandu. Dr.Binod Atreya, a prominent figure in Nepal's banking sector, was honored with the Victoria University Alumni Awards - Lifetime Achievement Award 2023. Alumni Awards - Lifetime Achievement Award is given to people who have made significant contributions in various fields after completing their studies...
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6 commercial banks of Nepal under action by Nepal Rastra Bank
Kathmandu. Nepal Rastra Bank has taken action against 6 commercial banks. Action has been taken against 6 commercial banks that did not work according to the instructions given by the National Bank. Among the banks under Rastra Bank's action are Lakshmi Sunrise Bank, Himalayan Bank,...
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Everest Bank Chairman BK Shrestha passed away
Kathmandu. Everest Bank Chairman Everest Bank Chairman BK (Vishnu Krishna) Shrestha passed away. Sraet said that Shrestha, who had been undergoing treatment at the capital's Medicity Hospital for a long time, died on Tuesday, the 6th. It is said that Shrestha will be cremated at...
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IPO of Nepal Ware Housing is open and can apply to fill up 50 thousand units
Kathmandu. Nepal Ware Housing Company has issued an IPO. The company has opened the IPO sale for Nepalis who are employed abroad. The company is going to sell 137 thousand 500 shares of 10 percent of the total 13 lakh 75 thousand shares allocated to...
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Commercial banks base rate to single digits in Nepal and which bank you have to pay cheap interest loan?
Kathmandu. The base rate of almost a dozen banks is in single digits. The base rate of 9 banks, including two government banks, is below 10 percent. Currently, the Aadhaar rate of Standard Chartered, Rashtriya Commerce, Everest, Nabil, Nepal, Nepal Investment Mega, Siddharth NMB and...
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Which Bank's branches will be open on Dashain holidays, Find out the List
Kathmandu. For the convenience of customers, banks are going to open their branch offices even during Dashain holidays. Various commercial banks and development banks have opened branches in different places of the country to provide facilities to the customers even on the Dasain holiday. Banks...
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Bank and financial institution's founder shares can be loaned as collateral by NRB Condition Apply
Kathmandu. There is a provision that banks can provide loans by keeping the founder's shares of banks and financial institutions as guarantors. While disbursing such loans, banks have to fulfill various conditions set by Nepal Rastra Bank. The Central Bank through the integrated directive has...
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IPO of Himalayan Re Insurance, what are the financial statements
Kathmandu. Himalayan Re Insurance Limited is going to sell IPO for Nepalis who are employed abroad from 21st November. The company is going to sell 10% reserved shares out of the total IPO shares to be sold to the general public for Nepalis who are...
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Nabil Bank Notice to update the bank account mobile number
Kathmandu. Nabil Bank has requested its customers to update their mobile numbers in their bank accounts. The bank has been giving information about the transactions in the account to its customers through SSS.If such SMS is not being received, then...
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Nepal's economic growth will be limited to 0.8% - IMF
Kathmandu. The International Monetary Fund (IMF) has predicted that Nepal's economic growth will be limited to 0.8 percent in 2023. Last April, the IMF predicted that Nepal's economic growth would be 4.4 percent in 2023. The IMF has projected that it will be reduced...
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