Category/exclusive-news (Total Articles : 2586 )
What happens if you do not pay on time the loan of banks and finances ?
Kathmandu. Recently, the topic of cooperatives has been discussed in the market. Some co-operatives are in the news for being problematic, while some co-operatives are in the news for running against the policy and rules. Cooperatives who are in trouble are saying that the organization...
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26 billion deposits in commercial banks of Nepal, Liquidity Raised
Kathmandu. As the great festival of Nepali Dashain is approaching, the flow of money in banking channels has also increased. Deposits of 26 billion rupees have been added in commercial banks during one week. This is for the period from August 31st to October 7th.
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Why NRB pressure on these banks to merge ?
Kathmandu. The issue of Nepal Rastra Bank putting pressure on commercial banks for merger is not new. Even before this, they used to call the bank's chief executive officer or other officials to the Rashtra Bank and pressurize them for the merger. However, this time,...
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Global IME Bank plans to double term savings in two years
Kathmandu. Global IME Bank has introduced a plan to double its tenure in two years. According to the bank, customers can double their fixed deposits within two years under the 'Global IME Dhanvrishti Muddati Scheme'.According to the bank, under this...
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Why accused of killing his wife by the bank manager ?
The relatives have accused the manager of a bank in Birganj of killing his wife because he did not get the dowry as per the demand. Sapna Kurmi, sister of the deceased Pinky Kurmi held a press conference in Birgunj today and alleged that Dipendra...
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The US dollar broke the record, Dollar has reached 129 rupees 08 paisa
Kathmandu. Nepal Rastra Bank has set the Nepali exchange rate of foreign currency. According to the fixed exchange rate for 23rd September, the Nepalese buying rate of Indian rupees 100 is 160 rupees and the selling rate is 160 rupees 15 paisa.
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NIFRA will distribute 4.2105 percent cash dividend this year
Kathmandu. Nepal Infrastructure Bank Limited (NIFRA) is going to distribute cash dividend including 4.2105 percent tax this year from the profit of last financial year 078/79. The meeting of the board of directors of the company on 6th of October fixed the paid-up capital of...
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The Bank's interest rate panic in the stock market
Kathmandu: The interest rate panic has made the capital market more relaxed. On Sunday, NEPSE index decreased by 33.97 points to 1876.41 points. Shares worth more than 1.6 billion rupees have been traded. Investors' morale is weak. The market performed poorly as the fear of...
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Himalayan Bank Launched Cash Deposit Machine Operation at Newroad Branch
Kathmandu. Himalayan Bank has brought the cash deposit machine into operation at New Road branch. From this cash deposit machine, the customer can deposit and withdraw money in the account at any time without any hassle.When depositing money from that...
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Commercial Banks are preparing to declare dividends, How Much ?
Kathmandu. Half a dozen commercial banks have prepared to declare dividends. Half a dozen commercial banks have submitted financial statements to Nepal Rastra Bank for dividend declaration. Due to some technical problems, the approval of the financial statements of those banks has been delayed, and...
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Bank interest rates increased : Commercial Banks 12.13 Percent, Development Bank 13 percent and Finance 13.47 percent
Kathmandu. Banks and financial institutions have increased interest rates. The interest rates of banks and financial institutions, which have been stable for the past 6 months, have increased in the month of October.Now in the month of October, the banks...
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A bank's Minor error 11,677 crores amount credited to a personal account
Kathmandu. There has been an uproar in Ahmedabad, Gujarat, India after a bank error of Rs 11,677 crore was deposited into the account of a man named Rameshbhai Sagar. Rameshbhai Sagar is an embroidery merchant from Ahmedabad. He has also been trading in the stock...
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67 Banking institutions merged in 20 banks, Global Bank is Excellent
Kathmandu. Banking history of Nepal is long. During this period, the number of banks and financial institutions has reached 271. Before the 2040s, banking practices in Nepal were minimal. However, after the government adopted the policy of financial liberalization in the 2040s, the private sector...
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Now three level broker license by increasing paid up capital
Kathmandu. The government has decided to issue new broker licenses by increasing the paid-up capital. The Council of Ministers meeting has opened the way to issue licenses to new brokers by amending the Securities Brokers, Securities Dealers and Market Makers Regulations 2064.
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New Road businessman suicide due to the pressure of banks loan
Kathmandu. A businessman in New Road committed suicide after the bank pressured him to pay interest continuously. Sudarshan Ghimire, who was doing business at New Road Ranjana Mall, died because he could not pay the bank loan and his goods got stuck at the northern...
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