Category/exclusive-news (Total Articles : 2586 )
The banks interest rate is not going up down gradually - Governor, Maha Prasad Adhikari
Kathmandu. Mahaprasad Adhikari, the Governor of Nepal Rastra Bank, has claimed that Nepal's banks have been saved from sinking because he made the right decision at the right time. He made this claim while speaking at an event held in Kathmandu.
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What is Personal Accident Insurance and How to do will Insured ?
Kathmandu. An insurance plan that provides compensation in case of injury or death of an insured in an accident is "Personal Accident Bima Yojana".In addition to the industries and businesses employing many employees, any organizations can get collective accident insurance...
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Sunrise Bank completed 100 Financial literacy program in all Nepal
Kathmandu. Sunrise Bank has organized a financial literacy program in all seven provinces. According to the bank, the Global Money Week was celebrated by conducting financial literacy programs in 100 locations from Tehrathum in the east to Darchula in the west. According to the bank,...
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International Monetary Fund (IMF) Plan to auditing 10 Big banks of Nepal by foreign auditors
Kathmandu. The International Monetary Fund (IMF) has set a condition with the Nepal Rastra Bank and the government to conduct the audit of the large commercial banks of Nepal by a foreign firm. For a long time, the IMF has been accusing Nepal's banks and...
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Prakasharan Mahat from Congress to become finance minister
Kathmandu. Prime Minister Pushpa Kammal Dahal Prachanda is giving completeness to the government by including 8 parties including Nepali Congress. However, the leaders of the ruling coalition say that there may be further delay in the expansion of the cabinet as there is one more...
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The government will provide 25 lakhs loan at 3% interest to start-up enterprises
Kathmandu. Now you can put the 'idea' in us as a mortgage. If you have a new idea, you can take a loan of up to 25 lakh rupees from the bank by putting that idea as collateral in the bank. The government had...
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IMF warning: Nepal's Banking sector at high risk, Need to Auditing
Kathmandu. The head of the International Monetary Fund (IMF), Kristalina Georgieva, has emphasized the need for vigilance after the latest upheaval in the banking sector, saying that risks to financial stability have increased.Speaking at a forum held in Beijing, the...
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Now Insurance Companies to operate branches in abroad
Kathmandu. Now insurance companies will be allowed to open branches abroad. This provision has been made in the Insurance Branch Office Directory, 2079 issued by the Nepal Insurance Authority.According to that provision, insurers can now open branches, contact or representative...
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Only 35 days public holiday for bank employees in the year 2080 and 15 days will be completely closed Banking services
Kathmandu. In the year 2080, bank employees will get 35 days leave. As per Nepal Rashtra Bank published the list of bank holidays for the year 2080 from April to March, they will get 35 days.Banks and financial institutions will...
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National Bank silent on the indiscriminate investment of banks has seen the financial problem : Umesh Lal Shrestha
Kathmandu. Umesh Lal Shrestha, the candidate for the senior vice president of the Federation of Nepal Chamber of Commerce and Industry, has said that the problem has arisen now because the Nepal Rastra Bank is unable to regulate banks and financial institutions effectively.
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25 billion more risk provision of banks and financial institutions of Nepal
Kathmandu. As the bad loans of banks and financial institutions have increased, the amount of provision made for them has also increased. By the end of poush 2079/80, commercial banks, development banks, finance companies and microfinance institutions Institutions have managed a total of 45 billion...
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Insurance agents and surveyors licenses will be renewed from online
Kathmandu. Nepal Insurance Authority has started to manage one insurer and one insurance agent through online system. The authority has started the management of agents through this system since 5th of March.The authority has started the work to implement the...
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NRB Instruction : To become director of bank and remittance company Not allowed
Kathmandu. A person who is a director of a bank and financial institution cannot become a director of a remittance company at the same time. A person who is a current director in a bank or financial institution cannot become a director of a remittance...
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After America, Switzerland's Credit Suisse Bank also collapsed
Kathmandu. The prestigious Swiss Credit Bank of Switzerland with a capital of billions of dollars is going to be completely failed and sold. The 165-year-old bank has been announced to be purchased by Switzerland's largest bank, UBS AG Group. UBS, the country's second-largest private lender,...
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Citizen Investment Fund 's FD deposits 1 billion rupees has sunk in finance
Kathmandu. Investments worth nearly 1 billion rupees made by Citizen Investment Fund in various banks have been sunk. According to the investment fund, the investments made in fixed deposits of various banks have sunk.According to the statistics of the fund,...
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