Category/exclusive-news (Total Articles : 2586 )
Nabil Bank is listed in IJ Global Magazine's Top 20 Banks
Kathmandu. Nabil Bank is listed in the exclusive league table of the top 20 banks published by IJ Global magazine under the Global Infrastructure and Project Finance category. IJ Global Euromoney is part of the institutional investor business.Considered the world's...
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Government of Nepal Policies and Programs: Effective Capital Markets and Promoting Digital Banking Services Combining Insurance with Productivity
Kathmandu. President Bidya Devi Bhandari has started presenting the policy and program for the coming fiscal year 2079/80. Presenting the policy and program for the coming Fiscal Year 2079/80 BS in the joint meeting of the House of Representatives and the National Assembly, she presented...
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Deposits Increased by Rs 7 billion per Week Commercial Banks in Nepal
Kathmandu. In the last one week, the deposit collection of commercial banks has improved. Deposits in commercial banks have increased by Rs 7 billion in a week. According to the Nepal Bankers' Association, deposits in commercial banks have increased by Rs 7 billion in the...
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Santosh Kumar Rathi is appointed Deputy Chief Executive Officer of NIC Asia Bank
Kathmandu. The AGM of the Board of Directors of NIC Asia Bank Limited held on Sunday has appointed Santosh Kumar Rathi as the Deputy Chief Executive Officer of the bank. He has been working as the Assistant Chief Executive Officer of the Bank. Point No....
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Reduce income tax of banks and financial institutions _CBFIN
Kathmandu. Umbrella Institution of Banks and Financial Institutions Operating in Nepal - Confederation of Banks and Financial Institutions Nepal (CBFIN) has submitted institutional suggestions to the Ministry of Finance on various issues to be addressed in the budget of the coming Fiscal Year 2079/80.
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Nabil Bank passes proposal to acquire Nepal Bangladesh Bank
Kathmandu. Nabil Bank's proposal to acquire Nepal Bangladesh Bank (NBB) has been passed by the special general meeting of NBB Bank held today. The meeting of the bank has also approved the share swap recommended by the appraiser PKF TR Upadhyay & Company for the...
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Big Merger : Union and Gurans Life Insurance Merger with Prime Life Insurance
Kathmandu. Union Life Insurance and Gurans Life Insurance Company have merged into Prime Life Insurance Company. A tripartite agreement was reached on Thursday to merge with Prime Life Insurance Company. This is the second merger agreement for the insurance sector and the first for the...
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Nabil Bank is listed by USDA for the first time in Nepal
Kathmandu. Nabil Bank has entered into an agreement with USDA to list the bank under GSM 102. The Bank has entered into an agreement with the USDA under the Export Credit Guarantee Program operated by the US Department of Agriculture. Nabil Bank has become the...
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Shares traded on Friday and Settlement on Monday
Kathmandu. Now, the stock market will be open on Friday as well. The government has decided to give leave on Saturday and Sunday, two days a week from May 1, and the market will be opened on Friday as well. ...
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Corona Insurance Claim Payment by Issuing Bonds : Association of Chartered Accountants
Kathmandu. The Nepal Chartered Accountants Association, an organization of accountants, has suggested that various insurance companies issue corona bonds to settle the remaining 11 billion claims of corona insurance. The union, in its suggestion for the budget for the coming fiscal year, said it would...
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Merger Sign Himalayan General Insurance (HGI) and Everest Insurance (EIC)
Kathmandu. Himalayan General Insurance (HGI) and Everest Insurance (EIC) are about to merge. In an agreement reached between the two insurance companies on Thursday, the chairman of the organization has agreed to merge.Himalayan and Everest have become the first entities...
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Banks of Nepal Borrowing from Nepal Rastra Bank 98.22 billion with in One Day
Kathmandu. The liquidity crunch in the banks since the beginning of the financial year has not been resolved yet. Banks and financial institutions have taken short-term loans of Rs. 98.22 billion from NRB through Permanent Liquidity Facility (SLF). This is the second largest amount taken...
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2 Percent Interest Rates will raise soon in the banking sector
Kathmandu. Interest rates continue to rise in the banking sector. All sectors should be prepared to face interest rate hike. At present, it is necessary to increase the policy interest rate further. The current situation is demanding an increase in interest rates. Lack of liquidity...
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Husband is Executive Director (ED) of Nepal Rastra Bank and Wife is DCEO
Kathmandu. Samata Pant, Deputy Chief Executive Officer (DCEO) of Nepal Bank, entered the banking profession in 2061 BS. Samata became the DCEO of Nepal Bank within 15 years of becoming a banker. His interest was to become a banker. That's why she studied management faculty.
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High Court directs not to withhold Himalayan Bank's dividend
Kathmandu. Patan High Court has directed not to withhold dividend from Himalayan Bank. Following the merger of Himalayan Bank and Nepal Investment Bank, NRB had directed to stop the distribution of dividends. The High Court has directed to remove the ban and make arrangements for...
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