Category/exclusive-news (Total Articles : 2586 )
Commercial bank deposits increase by 7 billion
Kathmandu. Deposits in banks and financial institutions have started to increase. Deposits in banks and financial institutions increased by 8 billion rupees in one day. According to the statistics of Nepal Rastra Bank, the deposits which were 52 trillion 20 billion rupees on November...
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Foreign exchange reserves increased: 12 trillion 46 billion with in four months
Kathmandu. Foreign currency reserves have increased in four months of the current fiscal year 2079/80. By mid-October, foreign exchange reserves increased by 2.5 percent. According to the data published by Nepal Rastra Bank, foreign exchange reserves have reached 12 trillion 46 billion 27 billion rupees...
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Himalayan Bank supported to Municipal Financial Literacy program on Madi Municipality and Pakhriwas Municipality
Kathmandu. Himalayan Bank Limited has successfully completed the Financial Literacy Program in Madi Municipality on 23rd November and Pakhriwas Municipality on 24th November under Corporate Social Responsibility. The financial literacy program was jointly organized by the bank's Province 1 office in Wiratnagar, Madi branch and...
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Global IME and BOK Bank submit application to Rastra Bank for final approval of merger
Kathmandu. Global IME Bank Limited and Bank of Kathmandu have submitted a joint application to Nepal Rastra Bank on Wednesday for final approval regarding the merger. Chandra Prasad Dhakal, Chairman of Global IME Bank Limited and Prakash Shrestha, Chairman of Bank of Kathmandu Limited,...
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Why Commercial banks did not increase bank interest Rate ?
Kathmandu. The interest rate will not increase in the coming month of January. In the month of January, the commercial bank will continue the interest rate of November. The umbrella organization of commercial banks, the Bankers' Association, held a meeting on Tuesday and decided to...
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Global IME Bank's CEO Ratna Raj Bajracharya's salary is 28 million
How much for other top level officers ?Kathmandu. Ratnaraj Bajracharya, Chief Executive Officer (CEO) of Global IME Bank, has received more than 20 million salary allowances. In the last fiscal year 2078/79, the bank gave an amount of Rs. 20...
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Commercial banks of Nepal Deposits increased by 5 billion and declined CD ratio
Kathmandu. Deposits in the banking system have started to increase. Deposits in commercial banks increased by 5 billion rupees in one day. According to the statistics of Nepal Rastra Bank, last December 23 deposits increased to 45 trillion 98 billion rupees. On the previous day,...
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Dividend declaration capacity of 11 commercial banks of Nepal
Kathmandu . 11 commercial banks are going to declare dividends . These banks are preparing to declare dividends to their shareholders from last fiscal year's profits. We have tried to calculate the number of dividends which banks can give this year based on the fourth...
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Life insurance companies bonus increased by 60 percent
Kathmandu. 19 life insurance companies in operation have set aside more than 19.5 million rupees for employee bonus arrangements. According to the financial report of the companies, 197.78 million 67 thousand rupees have been allocated for employee bonus arrangements. This is the data till...
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Why Commercial banks of Nepal interest rate will be continue same on Poush 2079 ?
Kathmandu. The interest rate will not increase in the coming month December 2022 of January 2023 . In the month of January, the commercial bank will continue the interest rate of November. The umbrella organization of commercial banks, the Bankers' Association, held a meeting on...
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Banking Fraud: Bank CEOs and directors with NRB weaknesses but the blame rests on the employees
Kathmandu. Some time ago, three big cases of "banking fraud" were revealed in the Nepali bank and financial sector. Civil Group Chairman Ichcharaj Tamang's allegations of misappropriation of funds of civil cooperatives, loan investment in Kumari Bank's fake documents and Sindhu Bikas Bank's vault money...
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NRB pressure : Banks started selling their real estate and maintain strengthen the 'balance sheet'
Kathmandu. Last week, NIC Asia Bank issued a notice to sell the properties it owns. On November 8, the bank published information in various national dailies and informed about the sale of non-banking property (real estate) in 72 places across the country.
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Merger process of 6 commercial banks Share trading released in the process of merger were freed
Kathmandu. Share trading of a dozen companies has been freed. Nepal Stock Exchange (NEPSE) has released the trading of 12 companies whose shares have been suspended due to mergers and acquisitions. The Securities Board has opened the bank business according to the instructions that the...
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34 Years Old Upasana Poudel Deputy CEO of Himalayan Reinsurance
Kathmandu. Himalayan Reinsurance Company has appointed Upasana Poudel as Deputy Chief Executive Officer (Deputy CEO). At the age of 34, Upasana, who worked as Nepal's first female CEO in United Insurance Company, has been appointed as the Deputy Chief Executive Officer of Himalayan Re Insurance...
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IFIC (Gov Bangladesh) Bank will leave Nabil Bank and All shares sell to Chaudhary Group
Kathmandu. Nabil Bank's founding shareholder International Finance Investment and Commerce Bank Limited (IFIC Bank) has decided to sell its shares. Accordingly, the bank has invited the existing founding shareholders to purchase the said shares. IFIC has decided to exit Navil by selling 1 crore 77...
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