Category/exclusive-news (Total Articles : 2595 )
Global IME Bank profit is highest: profit compare Nabil Bank Vs and NIMB
Kathmandu. Commercial banks have earned a net profit of 8.5 billion rupees in one month. The data obtained from Nepal Rastra Bank for the first month of the current fiscal year 2080/81 shows this. 20 commercial banks in operation have earned more profit of...
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Half dozen of CEOs lost their jobs in Nepal
Kathmandu. On 27th Baisakh, IME General and Prudential Insurance Company merged and started integrated business under the name of IGI Prudential Insurance. After the merger, IME General Insurance got both the chairman and CEO of the company. Hemraj Dhakal became the president of the new...
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Women directors in Top 15 banks in Nepal
Kathmandu. Along with employees in banks and financial institutions, the participation of women in the board of directors is also increasing. With the departure of women working in banks, the practice of appointing them as directors is increasing. Nowadays, when most commercial banks increase the...
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PAN mandatory for 50 lakhs Fixed Deposit in commercial banks of Nepal
Banks and financial institutions need a Permanent Account Number (PAN) if they have deposits of more than 50 lakhs rupees. The Nepal Rastra Bank issued a directive on Thursday, making PAN mandatory for deposits above 5 million rupees. Nepal Rastra Bank has introduced a system...
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Challenges in the Nepalese economy but there is great potential for economic growth: Haruhiko Kuroda, Former Governor of the Bank of Japan
Kathmandu. Haruhiko Kuroda, the former governor of the Japanese central bank, Bank of Japan, has said that although there are some challenges in Nepal's economy, there is great potential for economic growth. Kuroda, who is also the former chairman of the Asian Development Bank, said...
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Banks in Nepal : 'C' category banks cannot exchange foreign currency
Kathmandu. 'C' category banks are not allowed to exchange foreign currency. Nepal Rastra Bank issued a unified directive said that 'C' category banks will not be allowed to exchange foreign currency. Nepal Rastra Bank has introduced a system to make it easier for industrialists...
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Nepal Investment Mega Bank's Branch Manager Nirajan Devkota committed suicide note was found
Kathmandu. Senior managers of Nepal Investment Mega Bank have committed suicide after mental stress with intense pressure. Nirajan Devkota, the head of the Hetauda branch of the then Mega Bank, committed suicide by jumping into the Trishuli river in Dhading, which is coming to Taralabhel...
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The share mortgage loan limit in Nepal has been increased to 20 crores
Kathmandu. Nepal Rastra Bank has increased the share mortgage loan limit of 12 crores. Rastra Bank today issued a unified directive and increased the limit for both individuals and institutions. According to which the maximum single obligor limit for margin loans from any or all...
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Mahaprasad Adhikari signature new note of Rs 20 circulation in Nepal
Kathmandu. Nepal Rastra Bank has introduced a new note of Rs 20. In the currently circulating 20 rupee note, the previous governor Dr. Signed by Chiranjeevi Nepal. The Central Bank has brought the notes signed by the current governor officer into circulation.
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Highest FD Interest Rate of Commercial Banks in Nepal
Kathmandu. As of the of August 2023, commercial banks in Nepal are providing 9.99% in FDs. Previously, it was 12.133% in annual interest on fixed deposits as of 1st January 2023. In the coming August, banks will provide maximum interest rate up to 10.896 percent...
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Commercial banks FD interest rate in Nepal has Increased, Which Bank Is Highest ?
Kathmandu . The fixed deposit interest rate in Nepal has always been discussed as one of the most profitable investments in Nepal. A Fixed Deposit (FD) is a type of financial instrument, provided by banks and other financial institutions, which offers investors a higher rate...
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Share loans Interest Rate of Commercial Banks of Nepal has decreased
Kathmandu. National Commercial Bank's interest rate on share mortgage loans is the cheapest in the banking sector. Similarly, Nepal Bank said that it provides share loans at a minimum interest rate of 11.94 percent. The bank calculates a premium rate of 2.5...
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Upasana Paudel become CEO of Himalayan Re Insurance, Who is Upasana Paudel ?
Kathmandu. Upasana Poudel will be appointed as the Chief Executive Officer (CEO) of Himalayan Reinsurance. The meeting of the company's board of directors held last week recommended the appointment of Paudel as CEO. The company source said that the recommendation has been sent to the...
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Commercial banks of Nepal in issuing Dashain News Notes, Now people will be able to exchange 18,500
Kathmandu. The number of printing of new notes will be reduced during Dashain. It is said that the National Bank is preparing not to send a large number of new notes to the market as in previous years. National Bank's priority is to reduce cash...
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What Is a Bond ? Bond Investments in Nepal
Kathmandu. The government bond is issued by Nepal Rastra Bank and traded in NEPSE (secondary market). The government bonds issued in Nepal are categorized under five types: Development Bond (DB), Citizen Saving Bond, Foreign Bond, Special Bond and National Saving Bond.
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