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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Kathmandu. 71 hydropower companies are listed in Nepal Stock Exchange. Mountain Energy Nepal has the highest share price while Molung Hydropower Company has the lowest share price. The last trading price of this hydropower company on Thursday is Rs 155.10 per share.
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Kathmandu. The meeting of Nepal Bankers Association, the umbrella organization of banks, has decided to reduce interest rates for the coming month of Baisakh. The meeting decided to reduce the interest rate by 1.01 percentage points. Now the deposit interest rate is going to drop...
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Kathmandu. Out of the total 753 local levels, branches of commercial banks have been expanded in 752 levels till February 2079. By February 2078, 750 branches of commercial banks had been expanded at the local level. The number of banks and financial institutions licensed by...
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Kathmandu. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, has said that interest rates are falling. The Governor's official said that since the Nepali economy indicators are gradually becoming positive, the interest rates of deposits and loans are decreasing.Governor Adhikari said...
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Kathmandu. Standard Chartered Bank has asked for employees. The bank has requested employees for Associates Director, Directed Lending. The bank has requested employees for its various branch offices in Kathmandu valley. According to the company, interested and qualified persons can apply through the bank's email.
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Kathmandu. It has been agreed that bank interest will be maintained at 9.9 percent from May. In a meeting held by Confederation of Banks and Financial Institutions Nepal (Civfin) with the Prime Minister, Minister of Finance and Governor, it was agreed to reduce the interest...
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Kathmandu. Nepal Rastra Bank has arranged that no advance payment fee can be charged in case of early repayment of any loan up to 50 lakh rupees. Rastra Bank has decided not to charge an advance payment fee when repaying the loan before the due...
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Kathmandu. With the implementation of the 'Guidelines for Approval of Foreign Studies 2079' brought by the Ministry of Education, Nepali students will no longer be able to apply for study visas abroad for diploma, advanced diploma, language and training. According to the new guidelines, now...
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Kathmandu. Nepal Insurance Authority has issued the Small Insurance Directive, 2079. The Micro Insurance Directive, 2079 has been issued so that life insurance can be insured up to 50 lakhs and life insurance up to 5 lakhs.The Nepal Insurance Authority...
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