Category/exclusive-news (Total Articles : 2586 )
The journey of the stock market to towards 2370 points which is increasing by 100 points every week
Kathmandu. According to Nepal Rastra Bank, 55 trillion 47 billion deposits were accumulated in banks and financial institutions. On the same day, the loan-to-deposit ratio of banks and financial institutions fell to close to 84 percent. This means that more than 3 trillion 22 billion...
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Agreement between Bankers Association and Invest for Impact Nepal
Kathmandu. An agreement has been reached between Bankers Association and Invest for Impact Nepal. The company has signed an agreement to jointly run certified courses in environmental, social and governance.According to this agreement, the certified course in environmental, social and...
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What is a Check bounced case in Nepal ?
Kathmandu. Banking malpractice cases have increased rapidly in Nepal. Especially the recent check bounce issue has increased a lot. According to the statistics obtained from the Nepal Police, the number of complaints under banking offenses has also increased.More than 8,500...
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Banker are disappointed On Merger and FPO Tax Issue commercial Banks in Nepal financial year 2080/081
Kathmandu. The government has made arrangements to levy tax on mergers between companies and Further Public Offerings (FPOs) issued by them. In the budget of the next financial year 2080/81, it is arranged to collect tax on FPO.In this way,...
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Now banks can be able to issue Right shares
Kathmandu. Banks that do not go through with the merger are hoping to issue rights shares. Despite the increase in capital from the merger, the banks were in favor of not going for the merger and lobbying for the issue of rightful shares with Nepal...
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Warning to foreign investors of the bank: We will withdraw the investment
The managers of banks and financial institutions have become dissatisfied at this time. The directors and investors of the bank have expressed their opposition to the implementation of the unreasonable tax policy in the budget of the next financial year brought by the government.
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Banks Interest rates on deposits is stable by Nepal Bankers Association
Kathmandu. Commercial banks are going to keep the deposit interest rate constant even in the month of June/July 2023. The executive committee of Nepal Bankers Association (NBA), the umbrella organization of commercial banks, decided to keep the interest rate of deposits stable in the month...
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Sanima Hydropower and Kantipur Television issuing IPO
Kathmandu. Two companies have applied to Nepal Securities Board (SEBON) seeking permission to issue IPO. In Sebon, Sanima Hydropower and Kantipur Television Network have filed an application seeking permission to issue an IPO. Sanima Hydropower submitted an application on June 26 and Kantipur Television on...
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The Stock market at the highest point in the history after 33 years
Kathmandu. Japan's stock market has reached its highest point in 33 years. However, the Japanese stock market has not broken the previous all-time high. Japan's stock market Nikkei-225 reached its highest point of 39 thousand 43 in 1990. After 13 years, i.e. till 2003, it...
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82 thousand insurance policy surrender in Nepal
Kathmandu. More than 11 billion rupees worth of policies have been surrendered in the ten months of the current financial year, i.e. till the end of Baisakh. This is seen in the latest statistics released by the Nepal Insurance Authority.It...
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What is A credit card and How to know the credit card balance ?
Kathmandu. A credit card is an electronic payment card issued by banks with a pre-set credit limit, which helps you do cashless transactions and has many benefits. A credit card balance is the total amount remaining after deducting expenses from the credit limit. The best...
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Tax rate Changed on Budget 2080/081 : How much tax should be paid on income ?
Kathmandu. Due to the government's change in the tax rate through the budget of the next financial year, there has been some change in the income tax. The government has revised various tax rates through the budget of the next fiscal year 2080/81<span;>. Through...
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What is FATF and its purpose?
Kathmandu. The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF Recommendations are recognized as the...
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Mahalaxmi Corporate Cricket League 2023 winner is Prime Bank of Nepal
Kathmandu, Mahalaxmi Corporate Cricket League 2023 title has been won by Prime Commercial Bank. Prime Bank won the title by defeating Machhapuchhre Bank by 40 runs in the final match held on Monday. Prime Bank's Kritartha Shakya won the Man of the Match award for...
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Banks Interest rates to fall Upcoming monetary policy : Governor MahaPrasad Adhikari
Kathmandu. Nepal Rastra Bank Governor Mahaprasad Adhikari said that the monetary policy for the next financial year is ready to be brought by 15th shawan 2080. The Governor Adhikari said this in the post-budget discussion program organized by Economic Media Society Nepal (Emson).
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