Kathmandu. The Commission for Investigation of Abuse of Authority (CIAA) has filed a corruption case against four persons, including the then branch manager of Rastriya Banijya Bank, Jumla, Ram Janak Chaudhary, on the charge of colluding to take advance in the contract and forging the...
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Kathmandu. Finance Minister Janardan Sharma has directed to increase the capital expenditure to 90 percent for the current fiscal year 2078-79. Speaking at a program organized at the Ministry of Finance to review the budgets of 10 ministries with high capital budget allocation till February...
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Kathmandu. Deposit collection of commercial banks has improved. Deposits of commercial banks have increased by Rs 11 billion in a year. According to the Nepal Bankers Association, the deposits of commercial banks have increased by Rs. 11 billion in the period from March 29 to...
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Kathmandu. In 22 days, 987 companies have been blacklisted. According to the Credit Information Center, 987 companies have been blacklisted in the first 22 days of the current fiscal year. The blacklisted companies range from hardware suppliers to travel and tourism companies.
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Kathmandu. Nepal Rastra Bank has introduced a new rupee coin in the market. The bank has published the information for the information of all concerned as the rupee 1 rate coin with the following features written in the year 2077 stamped in the same size...
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Kathmandu. Shanta Siwakoti, Chief Marketing Manager at Global IME Bank, has been working in the banking sector for over 20 years. Siwakoti, who entered the banking sector in September 2000, is a household name among women working in the Nepali banking sector.
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Kathmandu. IME General Insurance Limited has added two more features to its insurance policy. The company unveiled the IME Health Plus and Castleless Settlement insurance policy by press conference. Under this insurance policy, the company has now brought free insurance plan for 18 types of...
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Kathmandu. Nabil Bank has launched Nabil FD Card (Nabil Fixed Deposit Card) scheme under Credit Card. The bank has informed that credit card facility will be provided to the term deposit customers of the bank. FD Card has been introduced in Nabil Bank to provide...
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Kathmandu. Microfinance institutions have invested Rs 118.4 million in shares and debentures. According to Nepal Rastra Bank, the share loan of microfinance has decreased to Rs. 118.4 million as compared to the last fiscal year. As of last July, there was an investment of Rs....
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Kathmandu. The process of allowing the Trade Management System (TMS) securities broker company to link the investor's share purchase order to the main trading system of the Nepal Stock Exchange (NEPSE) has moved forward. According to the criteria prepared by Nepse to facilitate investors to...
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Kathmandu. Cooperatives will now be issued their own ATM cards. A tripartite agreement has been reached between Rastriya Sahakari Bank, Smart Choice Technologies (STC) and Global IME Bank on the issue of issuing cards on Sunday.The agreement was signed by...
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Kathmandu. To make the upcoming International Women's Day 2022 even more special, Garima Development Bank has arranged special discounts in the locker facility being provided by this development bank to all female customers who open Garima Women's Savings Account and My...
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Kathmandu. Prabhu Bank has launched a mobile phone loan facility for its customers. With the launch of this service, Prabhu Bank customers will be able to easily avail phone loan facility up to Rs.2 lakh.For the time being, this facility...
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Kathmandu. An agreement has been signed between Bijbazar Limited and Samridhi Finance. The agreement has been signed by Chief Executive Officer Ganesh Raj Gautam on behalf of Bijbazar and Chief Executive Officer Tika Nidhi Lohani on behalf of Samridhi Finance.As...
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Kathmandu. Nepal Rastra Bank has tightened its grip on internal remittances. When a bank sends money from one place to another within the country, a maximum of Rs 25,000 can be transacted. Earlier, the limit was Rs 1 lakh.The bank...
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