Category/exclusive-news (Total Articles : 2586 )
Governor Mahaprasad Adhikari resigns after monetary policy announcement
Kathmandu. Now Nepal Rastra Bank Governor Mahaprasad Adhikari is in controversy. M. Adhikari in the Planning and Planning Committee of CPN-UML is being called as Governor Mahaprasad Adhikari, and now his resignation is being demanded from the streets to the House. The matter of Prime...
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Merger agreement between Prabhu and Mahalaxmi Life Insurance, Swap ratio 1:1
Kathmandu. Prabhu Life and Mahalakshmi Life Insurance are also going to merge. In this regard, both companies have signed an initial memorandum of understanding during an event at Hotel Loft on June 30. According to the agreement, the name of the company formed after the...
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Merger agreement between Everest and Lumbini General Insurance, swap ratio 100:80
Kathmandu. Sagarmatha Insurance and Lumbini General Insurance have signed a Memorandum of Understanding (MoU) to merge. The two insurers have agreed to receive and pay in the ratio of 100:80. "The agreement is in the ratio of 100:80," said Lumbini General Insurance.
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Upper Tamakoshi Hydropower to issue 1:1 Right shares
Kathmandu. Upper Tamakoshi Hydropower is going to issue right shares. The 257th meeting of the Board of Directors has passed the proposal of rightful eviction in the ratio of one to one of the paid up capital.According to Vigyan Prasad...
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Governor Maha prasad Adhikari is not a member of the CPN UML party
Kathmandu. Nepal Rastra Bank Governor Maha Prasad Adhikari has clarified that he is not a member of the CPN-UML. For the past few days, Governor of Nepal Rastra Bank Maha Prasad Adhikari has been criticized for being a member of the CPN-UML.
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Global IME Bank Awarded by Euromoney Excellence Award 2022
Kathmandu. Global IME Bank Limited has been honored with "Euromoney Award for Excellence - Best Bank Nepal 2022". Global IME Bank Chairman Chandra Prasad Dhakal and Chief Executive Officer Ratnaraj Bajracharya accepted the award during an event held in London, UK.
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NRB 'capital charge' on 7 commercial banks for increasing risk of CD Ratio
Kathmandu. Stating that the risk has increased in these seven commercial banks, NRB imposed 'capital charge' on Prime, the highest. Kathmandu. NRB has imposed 'capital charge' on seven commerce companies that do not have sufficient liquidity ratio. According to NRB, seven commercial banks have not...
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All life insurance companies can issue term insurance policies
Kathmandu. From now on, all life insurance companies will be able to issue foreign employment term life insurance. With the decision of the insurance committee to cancel the procedure related to "Foreign employment period life insurance policy bridge", interested companies can issue insurance policy.
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Merger Sign Reliance and Sanima Life Insurance : swap ratio is Equal 1:1
Kathmandu. Reliance Life Insurance and Sanima Life Insurance are merging MOU sign. The MoU was signed by Director Bharat Kumar Todi on behalf of Reliance Life and Director Ghanshyam Thapa on behalf of Sanima Life. The insurance company has informed that it has agreed to...
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Big merger: Global IMI Bank is the First largest bank and Nabil Bank is in third position
Kathmandu. Merger agreements are being negotiated between one big bank after another. Merger acquisition between Nabil Bank and Nepal Bangladesh Bank has already started. Which has become the second bank in paid up capital so far. According to Nabil Bank, the bank's paid-up capital has...
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How much profit of commercial bank of Nepal ? Top 5 position Global, NIC Asia, Nabil, Prime and NMB Bank
Kathmandu. In the current financial year, banks have made a profit of more than 6 billion. According to Nepal Rasht Bank, commercial banks by the end of May of the financial year 2078/79 has earned a profit equal to 6 billion 46 crore 38 lakh...
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Himalayan Civil Bank Merger : 20.5 billion capital and equal status of employees
Kathmandu. After a long effort, Himalayan Bank and Civil Bank have agreed to go through the process of merging. The share swap ratio in the merger will be 100: 81. Investors of Civil Bank, which will have 100 shares after the merger, will get 81...
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Himalayan and Civil Bank's Merger Acquire Sign Agreement : Swap ratio 100: 81 Percent
Kathmandu. Himalayan Bank Limited has signed a Memorandum of Understanding (MoU) to acquire Civil Bank Limited. The MoU was signed by Prachanda Bahadur Shrestha, Chairman of Himalayan Bank and Pratap Jung Pandey, Chairman of Civil Bank. A memorandum of understanding has been signed between the...
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Governor Maha Prasad Adhikari Affiliated with political party ?
Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that he is not affiliated with any political party. After finding the name of M Adhikari of Khotang in the CPN-UML's Finance and Planning Department, Governor Adhikari clarified that he was not affiliated with...
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37 billion Foreign investment commitment from China
Kathmandu. In the current fiscal year, the highest foreign direct investment (FDI) commitment has been made in three years. China has committed Rs. 37.04 billion for 203 projects. In the second place, 12 projects from India have committed Rs 2.48 billion. Since then, 12 projects...
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