Category/exclusive-news (Total Articles : 2586 )
Global IME Bank aggressive in business expansion followed by Nabil, NIMB, Kumari, Prabhu and Himalayan Bank
Kathmandu. Recently, Interesting competition in business expansion between the commercial banks that have gone after big merger. Nabil Bank, Global IME Bank, Nepal Investment Mega Bank (NIMB), Kumari Bank, Prabhu Bank and Himalayan Bank, which have joined the merger, have an interesting competition in business...
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9 banks 6.5 crore bonus shares listed in NEPSE
Kathmandu. Bonus shares of 9 different commercial banks have been listed in Nepal Stock Exchange (NEPSE). The bonus shares distributed from the profit of the last financial year 2078/79 have been listed in NEPSE.So far the bonus shares of Sanima...
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Instructions to take action those protesting against banks and financial institutions Home Ministry of Nepal
Kathmandu. The Ministry of Home Affairs has said that it has drawn attention to the protests against banks and financial institutions across the country. On Friday, the ministry issued a circular to the chief district officers of all 77 districts and instructed the district administration...
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Banks CD ratio close to 90% and could not to give more loans
Kathmandu. Deposits in the banking system have not yet increased sufficiently. Banks and financial institutions, which have been suffering from liquidity problems for a long time, are still suffering from the lack of investable funds due to the inability to increase their deposits.
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11 commercial banks CCAR less than 10 percent and NIC Asia Bank has not been able to pay dividends
Kathmandu. As of the second quarter of the current financial year, the primary capital ratio (CCAR) of 11 commercial banks is less than 10 percent. According to the data released by the National Bank today, the CCAR of Himalayan Bank, Nepal SBI Bank, NIC Asia,...
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The stock market continued to decline as the worse economic scenario of Nepal
Kathmandu. The decline in the capital market continued on Thursday. The NEPSE index fell by 26.48 points to 1969.01 points. 1 billion 33 crore shares have been traded. As the index continues to face pressure, turnover is also drying up.As...
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NRB Letter Issue : CIB investigation on who misused the 'letterhead' of Rastra Bank
Kathmandu. The Central Bureau of Investigation (CIB) has started an investigation against Jharana Pun, who is trying to commit banking fraud by using the letterhead of Nepal Rastra Bank. CIB chief Uttam Subedi informed that the investigation was started after he sent a letter using...
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Banks could not be reduced CD ratio and Still liquidity crisis
Kathmandu. Banks have been facing liquidity problems for a long time. Due to the lack of increase in bank deposits, most of the banks are still facing liquidity problems. The loan-deposit ratio (CD ratio) of banks is still around 90 percent.
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Nepal Rastra Bank's circular in microfinance share prices highly fall down
Kathmandu. On the last trading day of the week, today, Thursday, Nepal Stock Exchange (NEPSE) has seen a high decline. NEPSE, which has been falling since the beginning of today's trading, has closed with a decrease of more than 57 points.
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Rastra Bank's instructions : Banks should be opened even on emergency holidays from now
Kathmandu. Nepal Rastra Bank has amended the regulations regarding office hours of banks and financial institutions. The National Bank has introduced a provision that banks and financial institutions must provide services even on public holidays announced by the government.The National...
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A downturn in the UK economy, shortages of fruit and vegetables in supermarkets
Kathmandu. In UK, it has been banned to buy more than 2 potatoes and tomatoes. There is also a shortage of fruits and vegetables. Limits are set in supermarkets. Even by paying money, you cannot buy things like potatoes and tomatoes in large quantities. You...
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Himalayan and Civil Bank has started Integrated business: The total capital of the bank is 34 billion
Kathmandu. Himalayan and Civil Bank Limited have started integrated business from Friday. After acquiring Civil Bank, they started integrated business under the name of 'Himalayan Bank Limited' on Friday in a special ceremony.Prachanda Bahadur Shrestha, Chairman of Himalayan Bank Limited,...
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Bankers Demand Check bounce should not be classified as a banking offence
Kathmandu. Financial institutions have demanded that check bounce cases should not be classified as banking offences. The Nepal Bankers' Association and the Nepal Development Bankers' Association have demanded to amend the existing system where the mistake of cutting a check (check bounce) is considered a...
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Still tight stance of monetary policy : The limit of 12 crores fixed on share mortgage loan was not removed
Kathmandu. Nepal Rastra Bank has released the annual review of monetary policy for the current financial year 2079/80. In monetary policy, most of the policies have been kept unchanged. Rastra Bank has also maintained the limit of 120 million in share mortgage loans.
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Monetary policy review: Rastra Bank has address the expectations of the private sector ?
Kathmandu. The day after the National Bank amended the law by including some loose provisions, it again published a monetary policy review with a tight trend. Although the semi-annual monetary policy of the current financial year has given some relief to the small and medium...
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