Category/exclusive-news (Total Articles : 2586 )
Cheque Bounced case in Nepal : 7 billion 41 crore checks bounced and 6 thousand 422 cases registered
Kathmandu. Due to the recent economic crisis, check bounces have increased rapidly in Nepal. Which has also increased the number of people making complaints under banking offences.In 8 months of the current financial year 2079/80, checks worth 7 billion 42...
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Ganesh Awasthi becomes DGM of Nabil Bank
Kathmandu. Ganesh Prasad Awasthi of Nabil Bank has been promoted to the post of Deputy General Manager (DGM). According to the bank, Awasthi was appointed as DGM by the meeting of the bank's board of directors.Awasthi, who was previously the...
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Why NEPSE continues to decrease and investors looking for ?
Kathmandu. The market has been gradually decreasing for about one and a half years. The market capitalization, which reached about 44 billion, has fallen to around 27 billion by Thursday. Meanwhile, when will the 20-month-long bearish trend end? Investors say that this is the question...
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Himalayan Bank's mobile banking app free on Nepal Telecom's SIM
Kathmandu. Nepal Telecom SIM users will now be able to use Himalayan Bank's mobile banking app for free. In collaboration between Nepal Telecom and Himalayan Bank, Himalayan Bank customers can use the app of that bank for free, according to Telecom. Sangita Pahadi, Chief...
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IGI Prudential Insurance became the largest insurance company in Nepal, The capital is 3 Billion more
Kathmandu. IME General Insurance and Prudential Insurance merged to become the largest non-life insurance company. The merger of the two companies meant that IGI Prudential Insurance became the largest in terms of paid-up capital.After the merger, the paid-up capital of...
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"Integrated Circular - 2079" regarding foreign exchange transactions issued by Nepal Rastra Bank
Kathmandu. Nepal Rastra Bank has issued 'Integrated Circular - 2079' regarding foreign exchange transactions. The National Bank has issued such a circular for 'A' class commercial banks, national level 'B' class development banks and other agencies licensed to conduct foreign exchange transactions.
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Nepal's economic growth rate will be 4.1 and inflation 7.4 percent
Kathmandu. The Asian Development Bank (ADB) has released a forecast that Nepal's economic growth rate will decrease to 4.1 percent in 2023 and inflation will reach 7.4 percent. ADB has released this projection through the "Asian Development Outlook, April 2023" report.
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Cryptocurrency Risk Analysis Released by Nepal Rastra Bank
Kathmandu. Nepal Rastra Bank has released a report analyzing risks related to cryptocurrency. The Foreign Exchange Management Department of the National Bank has released a risk analysis related to cryptocurrencies on Monday.According to the National Bank of India, since there...
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Himalayan Bank organized financial literacy program in 7states of Nepal
Kathmandu. Financial Literacy Program in Seven Provinces by Himalayan Himalayan Bank Limited has successfully completed the Financial Literacy Program under Institutional Social Responsibility in all seven provinces of the country from 6th Chaitra 2079 to 12th Chaitra 2079.The financial literacy...
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CNI's team suggestions for reduce bank's interest rate to meet Finance Minister Dr. Prakash shara n Mahat
Kathmandu. Confederation of Nepal Industry (CNI) newly appointed Finance Minister Dr. Discussed with Prakash Sharan Mahat about improving the country's economy. The confederation has suggested 10 points to the finance minister that to improve the economy immediately.The confederation team led...
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Rastra Bank's instructions to reduce the dividend of microfinance to 15 percent
Kathmandu. Rastra Bank issued a circular to the Microfinance Financial Institutions of 'D' category on gave various instructions. Rastra Bank tightened the profit distribution from the microfinance business to the shareholders. So that the share price of most microfinance listed in NEPSE fell. 45 microfinance...
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Take initiative role to reduce the Bank's interest rate _ finance Minister Prakash Sharan Mahat
Kathmandu. The spokesperson of the Nepali Congress Dr. Prakasharan Mahat has become the finance minister. He took the oath of office and secrecy before President Ramchandra Paudel.Along with industrialists, bankers are also complaining that the economy of the country is...
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The economy crisis is over : Now Banks's interest rates are coming down : Governor, Mahaprasad Adhikari
Kathmandu. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, has said that now the interest rates of banks will decrease. Speaking at a discussion program on the current economic situation of the country organized by the Parliamentary Studies and Development Institute on Tuesday, he expressed the...
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The World Bank warning to Banking crisis in America and Europe
Kathmandu. The banking crisis in the US and Europe has raised fears of a global recession. Now the World Bank has given such a warning in one of its reports.The World Bank has said that by 2030, the pace of...
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Bank collapses series into Europe's Deutsche Bank
Kathmandu. Another major bank in Europe is on the brink of collapse. Despite many efforts, the financial health of that bank has not improved. The impact of the banking crisis in America and Europe has also been seen in many other countries.
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