Kathmandu .Merger between Nabil and Nepal Credit and Commerce (NCC) Bank has been discussed. The merger, which was split last year after reaching the final stage of merger, is being discussed with Nabil again. Earlier, NCC Bank had held discussions with Nabil and Global and...
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Kathmandu. Global IME Bank and Bank of Kathmandu have entered into a merger agreement. An agreement was reached between the two banks at Yak & Yati Hotel. The two banks have agreed to merge on an equal footing. The merger agreement has been signed by...
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Kathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
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Kathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
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Kathmandu. The US dollar has reached an all-time high. According to Nepal Rastra Bank, the exchange rate of US dollar has reached 125.16 Nepali rupees. The rate was Rs 124.24 on Monday.The dollar, which had been above Rs 124 for...
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Kathmandu. The share market NEPSE index fell below 2,000 points on Tuesday. When the market dropped by 36.07 points and stopped at 1996.26 points, the transaction amount was only Rs 1.18 billion. Tuesday's market index is the average of 17 December 2077. The stock market...
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Kathmandu. Investors in insurance companies, which are under pressure to raise capital under the regulator's direction, have seen disappointing returns over the past five years. Companies that have been raising capital in the past have also distributed bonus shares, but their condition is very bad...
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Kathmandu. The Government of India is going to privatize the state-owned IDBI Bank. The Government of India has clarified its position on privatization of IDBI Bank. According to Indian media, the government of India will sell all the shares of the bank which owns...
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Kathmandu. Nepal Investment Bank and Mega Bank Nepal will be merged. The merger agreement was signed between the two banks on Friday. After the failure of the merger agreement with Himalayan Bank, Nepal Investment Bank is about to merge with Mega Bank.
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Kathmandu. The securities secondary market will be operational for six trading days from July 20. Securities market operator Nepse is preparing to operate the market within six trading days as soon as the government decides to remove the public holiday from Sunday.
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Kathmandu. The stock market has been declining for a long time. The Nepse index, which was close to 32 points 10 months ago due to continuous decline in the market, has dropped by 1150.67 points to 2048.16 points. Investors say the stock market lost more...
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Kathmandu. Banijya Bank's share price has fallen below Rs 200 per share. Shares of Century Commercial Bank have been traded at Rs 196 to Rs 199. Shares of the bank have fallen below Rs 200 after three years. A year ago, the bank's share...
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Kathmandu. Mega Bank and Nepal Investment Bank have reached an agreement for merger. The two banks signed a memorandum of understanding (MoU). The MoU was signed by Investment Bank Chairman Prithvi Bahadur Pandey and Mega Bank Chairman Bhoj Bahadur Shah. After the merger, the...
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Kathmandu. Banks' loan-to-deposit ratio (CD ratio) has risen sharply. Nepal Rastra Bank (NRB) had implemented 90 percent CD ratio by scrapping 85 percent CCD in the current fiscal year. NRB has given time to the banks to maintain 90 percent till mid-July.
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Kathmandu. Himalayan Bank's long-suspended securities trading has been canceled. The share price of the bank, which has been suspended for more than a year, has turned negative on the first day. According to Nepse, the bank's share price fell by 9.99 percent to Rs. The...
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