Category/exclusive-news (Total Articles : 2595 )
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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Nabil Bank got National HR Excellence Award 2022
Kathmandu. Nabil Bank has received the National HR Excellence Award 2022. The award was given to Nabil Bank by Growth Sellers, a company working in the field of human resource consulting. The award was received by Nabil Bank under the HR Meet 2022, A human...
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NRB Stricts wallet transactions : 3 New Provisions
Nepal Rastra Bank has tightened its grip on wallet transactions. Nepal Rastra Bank has tightened the Unified Directive on Payment System-2078 BS by amending and adding. According to the new arrangement, the amount loaded in the wallet through credit card will have to be...
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Now the index is above 2,000, the supply has increased but the stock has not been able to grow
Kathmandu. The Nepali stock market has been steadily declining. There are various comments being made in the market about the reasons for the decline of the market. There is a lack of money in the Nepali market now. It is not fair to say that...
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Margin Trading Facilities : 70 percent loan from broker
Kathmandu. NEPSE Revised procedure regarding margin trading facility has implemented from 2022 April 27. The regulatory body Nepal Securities Board had first amended the said procedure issued on 2075 BS. Nepse has implemented the procedure within a year of the amendment by the...
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Economic growth Rate is 5.84 percent in Nepal
Kathmandu. The Central Statistics Office has projected an economic growth rate of 5.84 percent for the current fiscal year 2078/79. The department said in a press conference on Thursday that the economic growth rate for the current fiscal year will be 5.84 percent. During the...
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Supreme Court Clean Chit to Governor Maha Prasad Adhikari
Kathmandu. The Supreme Court has issued an interim order in favor of Governor Maha Prasad Adhikari. The court has issued an interim order not to implement the decision of the government of Nepal to investigate the governor's officer. The Supreme Court has ordered the government...
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