Kathmandu. Economic activity study report has been published. Nepal Rastra Bank has published a report on Tuesday after studying the half-yearly economic activity based on data from July to December of the current financial year 2079 and 80.The production of...
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Kathmandu. Nabil Bank Limited has been awarded with Infosys Finacle Innovation Award 2023. Nabil Bank has won the Platinum Award at the Infosys Finacle Innovation Award 2023 under the Product Innovation category for the launch of NBank. With more than 200 nominations in 10 categories,...
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Kathmandu. The interbank interest rate has once again risen above 5 percent. Recently, as the liquidity has increased, the interbank interest rate has also decreased to the line of 2 percent. The interbank interest rate, which fell to 2.65 percent on June 8, has increased...
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Kathmandu. Liquidity is the bank's ability to provide cash to depositors when they demand it. In the banking and financial sector, liquidity is understood as immediately investable capital. In the bank, the funds collected from individuals and various organizations, companies, institutes, etc. are accumulated in...
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Kathmandu. National Commercial Bank has demanded a large number of employees. The bank issued an advertisement and asked for a total of 394 employees for various posts. The bank has requested employees to fill the vacant positions in various levels and positions through open...
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Kathmandu. Nepal Rastra Bank has said that recently increasing bad loans and non-banking assets are seen as a challenge for the banking sector. The central bank announced this while publishing the annual supervision report.According to the central bank, banks have...
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Kathmandu. The word 'banking' is not only in human life but also the economy of any big or small country depends on the banking system. The word 'bank' was first used in Italy. This Italian word was first used in 1157. The oldest bank in...
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Kathmandu. After more liquidity in the banking system, Nepal Rastra Bank is going to issue a reverse repo of 20 billion rupees for management. The central bank is about to issue a financial instrument reverse repo for a period of 7 days. The National Bank of Liquidity Management...
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Kathmandu. Due to investors' confidence, the stock market has seen an increase in both the NEPSE index and the trading volume this week. Out of the five trading days of the week, NEPSE increased on three days, while on Monday and Thursday it fell. A...
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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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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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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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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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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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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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