Kathmandu. The liquidity of the banking system has improved significantly. The economic survey report of the current fiscal year 2079/80, released by the Ministry of Finance on Sunday, showed this. According to reports, the liquidity of the banking system has improved significantly in recent months....
Read More
Kathmandu. Nepal Insurance Authority has predicted that the growth rate of total insurance premiums will be limited to 5.54 percent in the current financial year. The authority has projected that the insurance companies will earn 1 trillion 87 billion 59 million rupees in insurance fees...
Read More
Kathamnu. The NEPSE index rose for the seventh consecutive trading day. NEPSE, which has been rising since Tuesday of last week, has continued the same pace on this day as well. The NEPSE index has gained 141.78 points in the last 7 trading days. On...
Read More
Kathmandu. Banks are more competing in banking sector of Nepal. Now Banks have started to compete on the basis of capital size, deposit collection and loan flow, branch network basis, profit basis etc. In terms of capital, Global IME Bank, which merged with Bank of...
Read More
Kathmandu. The policy arrangements for the merger of two large state-owned banks Nepal Bank and National Commercial Bank within one year will be made in the next year's budget. Currently, 3 banks are operating with government investment. Government has 100% investment in National Commercial Bank,...
Read More
Kathmandu. By the end of the current financial year 2079/80, the income tax paid by commercial banks to the government has decreased by 1.16 billion 74 lakh rupees. The data obtained from the Nepal Bankers Association has shown this. During the review period, 21 commercial...
Read More
6 companies are negative and 27 microfinance are goodKathmandu. Recently, there has been a contraction in the profits of microfinance financial institutions. Profits were affected due to increase in bad loans of companies. Along with the increase in bad loans...
Read More
Kathmandu. Income tax paid by commercial banks is decreasing. According to the Nepal Bankers Association, the banks have paid 19.99 billion 75 lakh rupees in taxes till the third quarter of the current financial year. The income tax is 87.37 percent less than the third...
Read More
Kathmandu. Rawa Energy Development is going to open the IPO issue and sale to general investors from 18th Jestha 2080. The company is going to open share sale of 30 percent of the issued capital of 28 million rupees, i.e. 84 million rupees.
Read More
Kathmandu. Recently, as the economy has become easier, the deposit collection of banks and financial institutions has also increased. According to the latest statistics of the National Bank, the deposits of banks and financial institutions have reached almost 55 billion rupees.
Read More
Kathmandu. In the 8 months of the current financial year, the share mortgage loans of commercial banks have been reduced. According to the statistics of Nepal Rastra Bank, the share mortgage loans of commercial banks decreased by 26.76 percent till February. In February of last...
Read More
Kathmandu. Non-life insurance companies have earned more than 30 billion insurance fees in the ninth month. The operating non-life insurance companies have collected insurance fees of 30 billion 1 crore 48 lakh rupees till the end of March of the current financial year 2079/80.
Read More
Kathmandu. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, said that economic activity is increasing when the interest rates of banks are decreasing. Addressing the main ceremony held on the occasion of the 68th anniversary of Rashtra Bank, the governor officer said this. The governor...
Read More
Kathmandu. On the basis of total assets, Global IME, Nabil Nepal Investment Mega Bank is seen ahead. The total assets of these three banks are over 4 billion. The third quarter financial statement of the current financial year 2079/80 published by the banks has...
Read More
Kathmandu. Dinesh Thakali has become the Chief Executive Officer (CEO) of Kamna Seva Bikas Bank. Thakali Kamna, who is currently working as the Chief Business Officer in Prabhu Bank, has become the CEO of Seva Bikas Bank.The Board of Directors...
Read More