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...
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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...
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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.
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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.
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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...
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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.
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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...
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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...
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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...
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Kathmandu. Nine commercial banks have come under the supervision department's action. In the third quarter of the current financial year, a total of 9 commercial banks have been penalized for working against the rules of the National Bank.Out of which...
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Kathmandu. 21 commercial banks has earned a 48.70 billion 49 lakh rupees profit till the third quarter of the current financial year. The profit made by banks is 11.67 percent more than the same period last year. Banks earned a net profit of...
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Kathmandu. Commercial banks have published the third quarter financial statements (unrefined) of the current financial year. Everest, NIC Asia, Standard Chartered and Nepal SBI Bank have said that even now only less than 1 percent of their total loans have problems with regular payment.
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Kathmandu. Banks have allocated more than 7.5 billion for bonuses to employees. 21 commercial banks in operation have allocated 7 billion 57 crore 59 lakh 91 thousand rupees bonus for the employees. Banks have given bonuses ranging from 7 percent to 57 percent on employee...
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Kathmandu. The corporate office of Nepal SBI Bank has been inaugurated. The bank has inaugurated the corporate office of the bank at Kamaladi. The office was jointly inaugurated by State Bank of India Chairman Dinesh Khara and Indian Ambassador to Nepal Navin Srivastava.
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Kathmandu. Confederation of Banks and Financial Institutions (CBFIN) has been honored with Prabal Janaseva Shri Manpadavi. In appreciation of the policy suggestions put forward by CBIFIN, the role played and the contribution made for the economic upliftment of the entire nation and the improvement and...
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