Category/exclusive-news (Total Articles : 2586 )
Job Vacancy Announcement in Agriculture Development Bank
Kathmandu. Agriculture Development Bank Limited has demanded employees for various posts. The bank has demanded employees for different levels. The bank has invited applications for filling up the posts through open and inclusive competitive examination. The bank has invited applications for the posts of officer...
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Nepal Rastra Bank final approve to merge Nepal Investment and Mega Bank
Kathmandu, July 8: Nepal Rastra Bank has given in-principle consent for the merger of Nepal Investment and Mega Bank. NRB has given in-principle agreement to the two banks for the purpose of merger.The two banks had agreed to merge on...
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Prabhu and Century Bank in final preparations for the merger, Swap Ratio is 100:95
Kathmandu. Banks have been making final preparations for the recent merger. According to a source, final discussions are underway to merge Century Bank and Prabhu Bank. Although it is preparing to merge in the ratio of 1: 1, Prabhu Bank has proposed to merge in...
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NRB Message : Be prepared for a tight monetary policy, Now Monetary policy will return to the state of Pre-Covid _Governor Adhikari
Kathmandu. Governor Maha Prasad Adhikari is giving the message with the basis of speculating that the monetary policy will be somewhat narrowed. In a discussion organized by the Nepal Management Association (NMA), Governor Adhikari of NRB said that NRB had focused on resource management in...
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Why Himalayan and Civil Bank merger agreement Postponed ?
Kathmandu. Himalayan Bank will not have an agreement to acquire Civil Bank. Himalayan Bank was to sign a preliminary agreement (MoU) to acquire Civil Bank. However, the program was postponed after the Civil Bank said that it would reach an agreement only after finalizing the...
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Himalayan and Civil Merger : Swap Ratio 100:81, Chairman Prachanda Shrestha, CEO Ashok Rana and equal status of employees
Kathmandu. Himalayan and Civil Bank are in the final stages of merging and amalgamation. Bank sources said that the two banks are preparing to sign a merger agreement on Friday to finalize the merger agreement.According to sources, the two banks...
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Nepal Investment and Mega Bank employees Equal status , VRS facility for quit the banking service
Kathmandu. It has been agreed that the status of employees of Nepal Investment Bank and Mega Bank will be equal. Along with the merger agreement between the two banks, it has been agreed that the rank status of the employees of the bank will also...
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Merger Himalayan and Civil Bank : Swap Ratio is 100:81 Percent and CEO is Ashok Rana
Kathmandu. The merger agreement between Himalayan and Civil Bank will be Sure. After the merger of Himalayan Bank with Nepal Investment Bank broke down, Himalayan Bank was forced to merge with another financial institution. A preliminary merger agreement with Civil Bank is likely to be...
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Public holiday on Sunday: Share market, banks and financial institutions will also be closed
Kathmandu: The government has given a public holiday on Sunday on the occasion of Bucker Eid. The Ministry of Home Affairs issued a notice on Sunday stating that the followers of Islam have been given leave as per the information published in the Nepal Gazette...
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Deposits of commercial banks increased by Rs 34 billion and credit flow Rs 2 billion
Kathmandu. There has been a general improvement in the deposit collection of commercial banks. Compared to the first week of July, the second week saw an increase of Rs 34 billion in deposits in commercial banks. According to the Nepal Bankers' Association, there was...
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Merger Agreement between Himalayan and Civil Bank will be signed on Friday 8th July
Kathmandu. The merger agreement between Himalayan and Civil Bank will be signed on Friday. After the merger of Himalayan Bank with Nepal Investment Bank broke down, Himalayan Bank was forced to merge with another financial institution. A preliminary merger agreement with Civil Bank is likely...
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Why Finance Minister Janardan Sharma resigned ?
Kathmandu. Finance Minister Janardan Sharma has resigned from the post. In a meeting of the House of Representatives on Wednesday, Minister Sharma resigned from the post. The finance minister is accused of forcing a former deputy subba to manipulate tax rates while preparing the budget....
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Microfinance's non-performing loans increased by 87 percent
Kathmandu. Microfinance financial institutions have been aggressive in lending along with deposit collection. According to Nepal Rastra Bank, the total deposits and loans of 70 microfinance institutions operated in the fiscal year 2077/78 have increased by 35.97 percent and loans by 39.14 percent. According to...
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10 commercial banks can not to maintain CD ratio at 90 Percent
Kathmandu. Commercial banks have been able to maintain a loan-to-deposit ratio (CD ratio) of 90 percent. Some commercial banks have been able to maintain a CD ratio due to non-increase in deposits in banks. There is a policy to maintain a CD ratio of 90...
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Five commercial banks of Nepal increase share-based loans
Kathmandu. Though Nepal Rastra Bank (NRB) has tightened its grip on share pledge loans of margin nature, some commercial banks have increased their loan investments. According to Nepal Rastra Bank, five commercial banks have increased their share pledge loans till April / May of the...
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