Category/exclusive-news (Total Articles : 2586 )
You have to show 1 million income source to get a visit visa
Kathmandu. The task force formed by the government to study the problems created by the visit visa has concluded that the criteria and procedures related to the visit visa should be modified. A task force headed by Home Ministry Joint Secretary Phanindra Mani Pokhrel...
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JOB VACANCY ANNOUNCEMENT ON MCA-NEPAL
MILLENNIUM CHALLENGE ACCOUNT NEPAL DEVELOPMENT BOARD (MCA-NEPAL) VACANCY ANNOUNCEMENTProject Manager-Road Maintenance & Technical AssistanceAssistant Engineer-SubstationsAssistant To DED-ManagementLead Engineer-Transmission LinesM&E Specialist
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Banks must to be reduce unproductive sector credit
Kathmandu. Banks and financial institutions are under pressure to reduce credit flow to areas that Nepal Rastra Bank considers unproductive. The pressure on banks to reduce credit in these sectors has increased after the Nepal Rastra Bank increased the risk burden on personal overdraft, purchase...
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Agreement between Rastriya Banijya Bank and Central Department of Economics
Kathmandu. Rastriya Banijya Bank Limited and the Central Department of Economics, Tribhuvan University, reached an agreement on Sunday to assist MA and MPhil students in their research work. The agreement was signed in the presence of Dr. Balram Pathak, Chairman of the Board of Directors...
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Banks liquid assets fall below 20 percent
Kathmandu. Due to lack of liquidity, the net liquid assets (NLA) of banks has started to fall below 20 percent. Banks must keep at least 20 percent NLA for the purpose of paying checks. As of mid-December, Rastriya Banijya Bank, Nepal Bank and Krishi...
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Century Bank opened Two branches in Teku and Pepsi Cola Kathmandu
Kathmandu. Century Commercial Bank Limited has opened two new branches at Teku and PepsiCola in Kathmandu from 12 February 2078 in order to expand its services to the customers.Chairman of the Bank Rajesh Kumar Shrestha inaugurated the Teku Branch and...
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New branch of Sanima Bank at Shakti Chowk, Gorkha
Kathmandu. Sanima Bank Limited has expanded its banking services by setting up a bank branch at Shaktichowk in Gorkha on Thursday. The branch office was inaugurated by brand promoters Madan Krishna Shrestha and Harivansh Acharya and Chief Executive Officer of the Bank Nischal Raj Pandey.
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Final approval for merger of Womi and Suryodaya Microfinance by NRB
Kathmandu. Nepal Rastra Bank has given final approval for merger of Womi Microfinance Financial Institution Limited and Suryodaya Microfinance Financial Institution Limited. The company has informed through Nepse that the NRB has given final approval for the merger on 5 falgun 2078.
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Strict investment in stocks, real estate and auto loans
Kathmandu. Nepal Rastra Bank (NRB) has tightened loans from banks and financial institutions for stock market, real estate and vehicles. On Wednesday, the National Bank of Nepal (NBN) issued a circular on the mid-year review of monetary policy, which was made public on Thursday.
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Agreement between Insurance Committee and Nepal Institute of Chartered Accountants
Kathmandu. An agreement has been reached between the Insurance Committee and Nepal Institute of Chartered Accountants regarding information exchange and mutual assistance. Chairman of the Insurance Committee Surya Prasad Silwal and Chairman of the Nepal Chartered Accountants Association Yuddharaj Oli signed the agreement at the...
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Even a small push destabilizes the stock market : Ramesh Kumar Hamal, Chairman (SEBON)
Kathmandu. Newly appointed chairman of the Nepal Securities Board Ramesh Kumar Hamal has claimed that even a small push creates volatility and ups and downs due to lack of institutional and instrumental diversity in the share market.He said that it...
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Be Careful ! Telecom's share price has been cornered by big investors
Kathmandu. The share price of Nepal Telecom has risen by Rs 266 per share for the past one month. Investors who invest in the company in a month have earned Rs 266 per unit share. Sources claim that the government received an advance dividend...
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Lack of liquidity, the interbank interest rate reached around 7 percent
Kathmandu. Lack of investment (liquidity) in the banking system is increasing. The interbank interest rate has risen to an average of 7 percent in less than two weeks. This also shows the liquidity crisis in the banks.The rise in interbank...
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15 percent on deposit and 18% Bank loan interest soon
Kathmandu. Ratna Raj Bajracharya, chief executive officer of Global IME Bank, said that if the liquidity problem is not resolved, the interest rate on loans will reach 18 percent by next July.Speaking at a discussion program organized by the Federation...
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Banks has taken Rs 43 billion liquidity facility from Nepal Rastra Bank
Kathmandu. Banks are finding it increasingly difficult to manage liquidity. Banks have been availing billions of liquidity facility from Rashtra Bank in one day. Commercial banks on Tuesday provided a loan of Rs 43.80 billion in Standing Liquidity Facility (SLF). As the liquidity...
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