Category/exclusive-news (Total Articles : 2595 )
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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Nepal Rastra Bank (NRB) has reduced the 'Overnight' liquidity facility
Kathmandu. Nepal Rastra Bank has reduced the 'overnight' liquidity facility. It is mentioned in the half-yearly review of the monetary policy of the current financial year that the overnight liquidity facility, which was previously provided by the banks at an interest rate of 8 percent,...
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Commercial banks bad loans has Increased
Kathmandu. It has been seen that there has been a huge increase in the bad loans of the commercial banks that have gone through the merger. This was seen in the unrefined financial statements of the second quarter of the current financial year released by...
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255 banks and financial institutions merged
Kathmandu. So far, 255 banks and financial institutions have merged. This is after the merger process brought by Nepal Rastra Bank. In the data of the current economic and financial situation of the country published by the National Bank on Thursday, it is mentioned that,...
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97 billion 10 million in surplus but Current account deficit of more than 29 billion
Kathmandu. As of the end of January of the current financial year, the balance sheet is in surplus by Rs. 97 billion and 10 million. This is seen in the current economic and financial situation of the country published by Nepal Rastra Bank.
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Slightly improvement in NEPSE : Investors are still in a 'wait and see' state, what will happen next?
Kathmandu: The NEPSE index increased by a few points on Sunday. On this day, the index increased by 1.54 points to 2096.08 points. There is a positive circuit in one company when there is a share turnover of 1 billion 93 crores. Overall, the stock...
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Nepal Life Insurance profit increased by 237 percent
Kathmandu. Nepal Life has made significant progress in the second quarter of the current year. According to the unrefined financial statement for the second quarter of the current financial year released by the company on Sunday, there has been a jump of 237.29 percent in...
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