Kathmandu . Banks in the US make money off of the money you have put into your bank account. Whenever you put money in your account in the United States, that money gets moved to a large pool of money that is used for other...
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Kathmandu. The 15 largest banks in the United States (U.S.) hold a combined total of $13.6 trillion in assets as of March 31, 2023. Every so often there are changes to this exclusive club. Larger banks trade places with each other and smaller banks drop...
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Kathmandu. Commercial banks are 'A' Class Financial...
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Kathmandu. The National Bank has indicated that the stock market and real estate transactions will be accelerated, even though the possibility of wide-scale easing is decreasing through the new monetary policy. According to sources related to the National Bank, the central bank has reached the...
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Kathmandu. The amount set aside by commercial banks for possible risk management (loan loss provision) due to liabilities has increased. The amount allocated by the banks for this purpose has reached nearly one and a half billion. The data provided by Nepal Rastra Bank up...
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Kathmandu. The news that cryptocurrency is traded in the market of Nepal is not new. Meanwhile, it has been found that crypto networks are spreading in Asian countries including Nepal while staying in America. American citizen Debra Ana has lured Nepalis through social media in...
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Kathmandu. Seven lakh 98 thousand 422 taxpayers have been added in the last financial year. Due to the addition of a large number of taxpayers under various headings in the same year, the basis for increasing the revenue sources of the government has increased.
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Kathmandu. Commercial banks have earned a total profit of 67 billion 23 crores in the last 11 months of the last fiscal year 2079/80 i.e. until May. According to the statistics of Nepal Rastra Bank, Nabil Bank has earned the highest profit of 7 billion...
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Kathmandu. Commercial banks have announced new interest rates. According to the decision of Nepal Bankers Association, commercial banks have decided their respective badger for the coming month of July. For the month of July, some banks have increased the interest rate and some have reduced...
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Kathmandu: Recently, the effect of capital increase has started to be clearly seen in the earnings per share and share price of banks. Due to not being able to increase the business according to the paid-up capital, the market price has also fallen significantly along...
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Kathmandu: Commercial banks have announced new interest rates for the month of July. With the end of the 'interest rate carteling' which commercial banks have been doing for a long time in the name of gentlemanly agreement, the banks have fixed different interest rates for...
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Kathmandu. Commercial banks are going to determine the interest rate on their own basis from the month of July. The meeting of Nepal Bankers Association (NBA) held this morning has decided to open the way to determine the interest rate in its own way,...
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Kathmandu. After Laxmi Bank and Sunrise Bank merged and started integrated business, the number of commercial banks has now reduced to 20. According to the 'Big Merger' policy taken by the National Bank, in the current financial year 2079/80 only 12 commercial banks have merged...
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Kathmandu. Laxmi Bank Limited and Sunrise Bank Limited merged with each other and started integrated business under the name of 'Lakshmi Sunrise Bank Limited' from today. The integrated business of the two banks has started within 6 months of the initial agreement regarding the merger.
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Kathmandu. The integrated business of Laxmi Bank and Sunrise Bank will start from today. After the merger between the two banks today, they are going to do integrated business under the name of Laxmi Sunrise Bank from July 14 2023.A...
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