Category/exclusive-news (Total Articles : 2595 )
Eight lakh new taxpayers got PAN Number in Nepal
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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Commercial banks of Nepal profit is 67 Billion and Nabil Bank has earned Highest profit
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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Commercial bank of Nepal interest Rate increased and NMB Bank offer highest Rate
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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Why are the merged banks EPS falls and the market price below Rs 200 ?
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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Commercial Banks of Nepal has declared the new interest rate : NMB Bank has offer Highest Interest Rate
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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The 'gentleman's agreement' between commercial banks was broken
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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The number of Commercial banks in Nepal is 20 : The current year 12 have been merged in to 6 Banks
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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Laxmi and Sunrise Bank became One Laxmi Sunrise Bank and Ajaybikram Shah as CEO Shah : Who are the board of directors ?
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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Laxmi Sunrise Bank has starts integrated business and Paid of capital is 21.67 Billion
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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Development banks of Nepal has reduced the interest Rate by 0.50 percent
Kathmandu. Development Bank has fixed the new interest rate to be implemented from next July. Development Banks Association, the umbrella organization of development banks, has decided to reduce the monthly interest received by the customers by 0.50 percent in June.Currently,...
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IPO issuing 42 companies have permission In the current year
Kathmandu. In the current financial year, 42 companies have received permission to issue ordinary shares worth 22 billion 378 million 12 thousand 897 rupees. If we look at the data, this year there has been a flood in the IPO of Hydropower. This year, 29...
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Commercial Banks are reducing interest rates on deposits and loans
Kathmandu. The interest rate will decrease in the coming month of July. The interest rates of banks and financial institutions will be reduced in the coming mid July 2023 (Sharwan 2080). Banks have prepared to reduce the interest rate of deposits and loans with effect...
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Commercial banks of Nepal Interbank interest rate down 2.5 percent and CD Ratio at 82.88 percent
Kathmandu. 12 billion rupees have entered the banking system in one day. Due to the increase in demand for loans in banks and financial institutions, investable funds are piling up in the banking system. According to the statistics of Nepal Rastra Bank, deposits in banks...
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Nepal Rastra Bank instructions to banking services on 23rd, 24th and 30th Ashad holidays
Kathmandu. Nepal Rastra Bank has instructed to maintain banking service schedule even on holidays. The Banking and Financial Institutions Regulation Department of the National Bank issued a notification on Friday and gave this instruction.Rastra Bank has instructed to maintain banking...
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TiE Boston’s Aqua-Sol wins First Runner-Up at the 2023 on Global final competition
Kathmandu. At the Global Finals held in San Diego last week, TiE Boston's Young Entrepreneurs (TYE) team, Aqua-Sol won the 1st Runner-Up Award. The team, which consists of Soham Kulkarni, Samarth Bedre, Jacob Slavsky, Anoop Rampure and Karthik Pisupati, developed a technique that uses a...
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