Kathmandu. To the end of the financial year 2079.080, the stock market has been affected. The stock market has been affected this week due to the effect of mid-June. Tilak Koirala, an investor, said that although there is enough investable money in the banking system,...
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Kathmandu. New brokers have been given certificate (membership) by Nepal Stock Exchange (NEPSE). Neps has also given permission to the companies that have been allowed by the Securities Board to operate after completing the necessary procedures.The meeting of the Board...
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Kathmandu. Nepal Stock Exchange (NEPSE) has decided to grant trading membership to a new broker company and will also conduct internal testing of NEPSE-30 index. NEPSE Board of Directors has decided to grant business membership to new broker companies that meet the criteria. With the...
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Kathmandu. Investable capital is accumulating in banks. As the demand for loans has not increased recently, investable capital has been piling up in banks. Due to the economic recession, the demand for loans in banks has not yet increased. As a result, the investable amount...
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Kathmandu. A payment cooperation agreement has been signed between Iseva and Everest Bank. Along with this, now the money in Iseva's account can be withdrawn from the ATM of Everest Bank. The agreement signed between Iseva and Everest Bank for the provision of this service...
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Kathmandu. A new record jump in the stock markets of neighboring India and Pakistan. On Monday, the Indian stock market has reached a new high in history, while in Pakistan, an unnatural growth that has never been seen has been seen on Monday.
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Kathmandu. The net profit of commercial banks has exceeded 57 billion. In the 10 months of the current financial year, banks have earned a net profit of 57 billion 17 billion 27 lakh rupees. This is shown by the data published by Nepal Rastra Bank...
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Kathmandu. Laxmi Bank and Sunrise Bank will merge with each other and start integrated business from 24th June. The final agreement for the merger was signed between Lakshmi Bank and Sunrise Bank on Monday 8th May.Lakshmi Bank and Sunrise Bank,...
Read MoreKathmandu. Digital banking is a very recent phenomenon in Nepal. The era of modern banking in Nepal started with Nabil Bank introducing credit cards in the early 1990s. Himalayan Bank introduced ATM and Nepali credit card for the domestic market in 1995. In 2002, Kumari...
Read MoreKathmandu. A Fixed Deposit is an account opened with a bank wherein, the bank pays a guaranteed interest rate on the sums deposited in a Fixed Deposit account, for a stipulated period or tenure. Creating a Fixed Deposit allows you to higher...
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Kathmandu. Sensex and Nifty have set new records in the Indian stock market. On Wednesday during the trading session, the Sensex crossed 64 thousand and reached a high point of 64 thousand 12.16 in the afternoon. Similarly, Nifty crossed 19,000 mark for the first time...
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Kathmandu. The number of deposit accounts opened in banks and financial institutions has exceeded 50 million. This is more than 20 million 948 thousand than the total population of Nepal. This does not mean that banks have reached the reach of all Nepalis. A person...
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Kathmandu. Niraj Pradhan, the main planner of the incident, among those arrested in the case of theft of customer's money from Everest Bank, has been sent to jail pending trial. He was sent to jail after the district court ruled that he should be sent...
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Kathmandu. Banks and financial institutions also have to pay tax to Kathmandu Metropolitan City. Mayor Balendra Shah (Balen) while presenting the economic bill for the next fiscal year 2080/81 on Sunday said that now the banks and financial institutions within the metropolis will also have...
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Everest Bank Limited is opening vacancies for dynamic and self-driven IT professionals. Qualified and interested candidates may apply for the respective post and submit/upload a CV with copies of certificates/experience letters at the bank's official...
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