Kathmandu. Two days after the closure of Silicon Valley Bank in the US, state regulators have also closed New York-based Signature Bank. US regulators closed New York-based Signature Bank on Sunday to prevent a potential banking crisis. The Treasury, Federal Reserve, and FDIC issued a...
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Kathmandu. Prime Minister Pushpa Kamal Dahal "Prachanda" has said that the information about missing contractors presents the true picture of the construction sector. He said this on Sunday while addressing the 24th General Assembly of Nepal Construction Professionals Association.In addition,...
Read MoreKathmandu. Silicon Valley Bank (SVB), America's 16th largest bank, has closed. With this, the bank's 40-year run has come to an end. The regulators closed the bank on Friday and seized the deposits. Silicon Valley Bank, the 16th largest bank in the US, has been...
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Kathmandu. Nepal Rastra Bank is going to issue foreign employment savings bonds worth 50 million rupees. Nepalese who are earning money by working abroad or who have returned from foreign employment within 6 months can invest in the said savings bank. For this purpose, it...
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Kathmandu. The possibility of getting the loans of the microfinance victims protesting because they cannot pay the microfinance loans has increased. This possibility has become strong after the discussions of the National Bank and microfinance operators have progressed in that direction.
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Kathmandu. The second National Economist Conference has started in Kathmandu from Friday. Organized by the National Economic Concern Society, Nepal, the conference, which has the slogan "Our campaign to build a self-sufficient and advanced economy", will last for two days.Rashtra...
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Kathmandu. Nepal Stock Exchange (NEPSE) has adjusted the prices of shares of four companies. Among those whose share price has been adjusted are Sangrila Development Bank, Salt Trading Corporation, Sana Kisan Bikas Lagubitt and Asha Lagubitt financial institutions.8.534 percent post-bonus...
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Kathmandu. Commercial banks have provided more than 12 billion loans in priority areas. The data released by Nepal Rastra Bank for the current fiscal year 2079/80 up to the end of December showed this. During that period, 22 commercial banks have made a total of...
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Kathmandu. Non-life insurance companies have earned more than 5 billion insurance fees in 7 months through property insurance. This is shown by the data released by the Nepal Insurance Authority. Recently, the insurance fee has also increased with the increase in the number of people...
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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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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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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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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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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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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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