Kathmandu. During the last 15 days, Rs. 27 billion deposits have been added to the banking system. According to Nepal Rastra Bank, the total deposits of banks and financial institutions as of June 20 are 55 trillion 22 billion rupees. The total deposits of banks...
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Kathmandu. Nabil Bank Limited has launched 38 new branches. The bank, which has crossed 38 years of its establishment, informed that 38 new branches across the country were inaugurated by a special program at the central level .With the slogan...
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Kathmandu. Most of the hydropower companies are in losses. Due to decrease in electricity production, increase in interest rate, etc., hydropower companies have started making losses. The report of the current financial year 2079/80 published by the operating hydropower companies has also shown this. Around...
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Kathmandu. ADBL Krishi Bikas Bank has asked for a large number of employees. The company published a notification and asked for 179 employees for permanent posts. The bank has 72 accountant assistants for administration, 36 business assistants for administration, 6 loan assistants for technology, 9...
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Kathmandu. After the federal budget for the upcoming fiscal year 2080/81 introduced some policies that will affect the stock market, it has had a negative impact on the market. According to the budget, the companies that previously issued right shares at a premium price...
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Kathmandu. The government has presented a budget worth Rs 17 trillion 51 billion 31 crore for the next financial year. Out of the total allocation, 11 trillion 41 billion 780 million rupees or 65.20 percent is for current, 3.2 billion 7 billion rupees for capital...
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Kathmandu. Germany is the largest economy in Europe. Now there are news that the economy has been pushed into economic recession. According to the recently released data by the German Statistics Office, the economy shrank by 0.3 percent in the first quarter of 2023. Germany...
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Kathmandu. The central bank's decision to remove the 2000 note from circulation in India has caused an uproar. It is certain that it will have a significant impact on the Nepalese economy. The Indian central bank 'Reserve Bank of India - RBI' said through a...
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Himalayan Bank has said that it will provide services through 42 branches.Kathmandu. On the occasion of Republic Day on May 15, the government has decided to give a public holiday across the country. Although it is a public holiday, Shangrila Development Bank,...
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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....
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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...
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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...
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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...
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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,...
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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...
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