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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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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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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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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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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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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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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