Category/exclusive-news (Total Articles : 2595 )
CD ratio of Commercial Banks has Declined, Now BFIs CD ratio is 86.54 Percent
Kathmandu. According to the latest data of Nepal Rastra Bank, now the investment-deposit ratio (CD ratio) of banks and financial institutions of Nepal is 86.54. This simultaneously indicates some positive and slightly unusual scenario in the banking sector of Nepal.It...
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Nepal's first governor Himalaya Shamsher Jabara passed away and Nepal Rastra Bank Express heartfelt condolences
Kathmandu. Himalaya Shamsher Jabara, the first governor of Nepal Rastra Bank has passed away. Thapa died at the age of 95 while being treated at Narvik Hospital in Thapathali, Kathmandu.He was appointed as the first governor of Nepal on 14th...
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The preparation of the new budget has started- the capacity and needs of the government will be taken : Bishnu Poudel (finance minister)
Kathmandu. Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said that while bringing the budget for the next financial year and spending the budget for the remaining period of the current year, the government will proceed by looking at the capacity and needs...
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Ashok Sherchan appointed as CEO of Prabhu Bank
Kathmandu. Ashok Sherchan has been reappointed as the CEO of Prabhu Bank, which recently merged with Century Bank. Sherchan, who previously worked as CEO for 2 terms (8 years) in Sahi Bank, has been appointed.Sherchan, who has been the CEO...
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"Government banks can also be mergers are possible if necessary": CEO Kiran Kumar Shrestha
Kathmandu. The government-owned National Commercial Bank has entered its 58th year. The bank has been providing banking services by addressing the financial needs of the country. The bank has played a significant role in making the government policies and programs successful by providing loans to...
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Nepal Insurance Authority take action against 10 insurance companies
Kathmandu. Nepal Insurance Authority has taken action against 10 insurance companies for not providing details on time. According to the authority, it has been warned for the first time for not providing quarterly details in accordance with the guidelines related to prevention of financial investment...
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Four Bankers arrested including the CEO of Kamana Sewa Bikas Bank on charges of Rs 32 crore BANKING OFFENCES
Kathmandu. Four persons, including the CEO of Kamana Seva Bikas Bank, Praveen Wasnet, have been arrested on the charge of disbursing more loans with less collateral. The police arrested CEO Basnet along with employees, valuers and borrowers on the charge of disbursing more loans with...
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Ganesh Raj Pokharel CEO of Citizens Bank Limited
Kathmandu. Ganesh Raj Pokharel has continued as the Chief Executive Officer (CEO) of Citizens Bank International. The meeting of the board of directors of the bank held on Wednesday, January 18, appointed Pokharel as the CEO for the next 4 years.
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'NIC Asia Merchant Meet 2023' concluded
Kathmandu. NIC Asia Bank has completed the 'NIC Asia Merchant Meet 2023' program. NIC Asia Bank Limited, which is promoting digital banking with the long-term goal of becoming the 'Digital First Bank', has concluded the 'NIC Asia Merchant Meet 2023' on 13th January with the...
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Internet banking with ATM, wallet charges reduced : Now mobile banking through up to 3 lakh transactions per day
Kathmandu. Nepal Rastra Bank has reduced ATM fees. The bank has reduced the inter-bank ATM, wallet and internet banking fees by issuing the integrated directive on payment system, 2079. The National Bank has reduced the fees charged for withdrawing money using wallet, internet and card...
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Himalayan Bank got final approval to acquire Civil Bank and the integrated business starts form Falgun 2079
Kathmandu. Nepal Rastra Bank has given final approval to the merger of Himalayan and Civil Bank. Himalayan has received final approval from Rashtra Bank to acquire Civil Bank. The meeting of the Rastra Bank Board of Directors decided to give...
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Businessmen streets strike against the bank interest rates
Kathmandu. Businessmen of Kathmandu Valley came to Narajulus in Maitighar Mandala with this placard saying 'Banks are always in profit, industrialists are in loss'. Their demands ranged from addressing the demands of Prem Prasad Acharya, who committed self-immolation last week, to reducing interest rates.
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Himalayan and civil bank merger still delayed : Integrated business preparations form Falgun 2079
Kathmandu. Although it is insisted that the integrated business will be started within the month of January, it will take more time to merge Civil Bank into Himalayan Bank. Since the acquisition process could not be completed by the end of January, it was said...
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Banks' 'net fee income' is 13 trillion :Increased by 72 percent in three months
Kathmandu. In 6 months, the service fee income (net fee income) of commercial banks has reached about 13 billion rupees. This is shown in the second quarter financial report of the current financial year 2079/80 published by 22 banks that are currently operating.
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Commercial banks of Nepal earned profits more than 30 billion : Nabil and NIC Asia bank on top position
Kathmandu. Commercial banks have earned more than 30 billion profit. This is shown in the second quarter financial report of the current financial year 2079/80 published by the banks.By the end of January of the current year, commercial banks have...
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