Category/exclusive-news (Total Articles : 2595 )
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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Stock exchange and broker license related three regulations has Passed
Kathmandu. Three regulations related to the securities market have been passed at once. The meeting of the Council of Ministers on August 20th passed the Securities Market Operation Regulations, 2074, Securities Traders (Securities Brokers and Securities Traders), Regulations 2064 Fourth and Securities Registration and Issuance...
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A 20 years old student earned 9 billion from the stock market in just one month
Kathmandu. Investors make huge profits from the stock market. Investors in the stock market can earn crores of rupees not in a year but also in a month and in a day. Along with Nepal and India, investors are becoming millionaires...
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NRB sending 20 billion Amount to the banking system
Kathmandu. Nepal Rastra Bank has sent 20 billion rupees to the banking system at a time when there is a lack of liquidity in the banking system. Nepal Rastra Bank is going to send liquidity to the market through repo after the Rastra Bank's liquidity...
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Why Banks can't Dividend declaration and delay to send balance sheet to NRB
Kathmandu. Even after one and a half months of the current financial year, the commercial banks are delaying the approval of the balance sheet due to the understanding that the National Bank will not agree to the balance sheet submitted by them.
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2 and a half years in prison to Pal shah and 10 lakh compensation
Kathmandu. Actor Pal Shah has been sentenced to two and a half years in prison by the district court in Nawalparasi. Naik Paul Shah, who was accused of raping a girl, was sentenced to 2 years and 6 months in prison by the court.
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Attractiveness in term life insurance among 9 policies
Kathmandu. Most of the life insurance policyholders are attracted to term life insurance. According to the Insurance Committee, out of the 9 insurance products brought by the companies, it has been found that term life insurance is more attractive to them.
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