Kathmandu. Raju Kumar KC, a customer of Bank Nepal Bank Ltd.'s Adarshnagar branch in Birgunj, has donated one tola of gold under PhonePay's gift program "QR's Gun, One Tola of Gold" while making payments using Nepal Bank's mobile banking app. Chief...
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Kathmandu. NMB Bank has succeeded in attracting other banks and financial sector to this technology by using this new technology in the banking sector of Nepal. Many technologies have been developed in Nepal to transfer money online. NMB Bank has developed a...
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Kathmandu. Three names have been selected for the chairmanship of Nepal Securities Board. The recommendation committee formed for the selection of the board chairman has recommended the names of Krishna Raj Pokhrel, Gopal Prasad Bhatt and Ramesh Kumar Hamal.Fifteen candidates...
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Kathmandu. Mega Bank has started branchless banking services in five places in four districts where banking services are not available. Mega Bank has appointed Roshan Khadka in Pauwadumma Gaonpalika 3 of Bhojpur, Kumar Shrestha in Golanjor Gaonpalika 5 of Sindhuli, Mahendra...
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Kathmandu. The Central Bureau of Investigation (CBI) has registered a case against ABG Shipyard Limited and its former CMD Rishi Kamlesh Agrawal and then directors Santhanam Muthuswamy and Ashwini Kumar in a Rs 22,842 crore bank scam. If such a huge amount of irregularities is...
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Kathmandu. To alleviate the liquidity crunch, commercial banks have raised interest rates for the month of February. Banks that have been facing liquidity problems for a long time have now stopped collecting deposits in such a way that the Nepal Bankers' Association sets the interest...
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Kathmandu. Himalayan General Insurance Company has appointed Vijay Bahadur Shah as its new Chief Executive Officer. He has assumed his charge from the 1st of February, 2078 BS. Sushil Bajracharya, who has been with Himalayan General Insurance for 28 years, had been the chief executive...
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Kathmandu. The Confederation of Nepalese Industries (CNI) has protested against the decision of banks and financial institutions to increase interest rates on deposits. The decision by banks and financial institutions to raise interest rates indicates further risk to the economy, the confederation said in a...
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Kathmandu. The Nepal Bankers Association, an umbrella organization of commercial banks, has decided to raise interest rates with effect from February 1. The association's working committee meeting held on Friday has decided to increase the interest rate.It has been decided...
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Kathmandu. Banks and financial institutions can now apply for loans online and take loans online. Nepal Rastra Bank has made such an arrangement as a matter of policy.As per the guidelines, a person who has a salary account in the...
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Kathmandu: Nepal Rastra Bank (NRB) has warned that networking businesses including cryptocurrency are cheating customers. The National Bank of Nepal (NBN) on Tuesday issued a statement saying that most of the networking businesses have been found to be cheating customers in another country by mobilizing...
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Kathmandu. Nepal Telecom has made a net profit of Rs. 3.89 billion. According to the company's public financial statements, profits have increased by 18.50 percent this year. The company had earned a net profit of Rs 3.28 billion in the corresponding period of the previous fiscal...
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Kathmandu. Rajendra Khanal (Damak-8 in Jhapa), the founding chairman of Triganga Agricultural Cooperative out of contact from the past three months. It has been revealed that Khanal, 52, a resident of Damak-8, has been absconding since last November with a loan...
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Kathmandu. The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has demanded immediate postponement of the decision to increase interest rates on deposits. As soon as the decision to raise interest rates on deposits was made public, the federation strongly objected and demanded immediate...
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Kathmandu. A remittance agreement has been signed between Samridhi Finance and Kumari Bank Limited. On behalf of Finance, Chief Manager Binod Raj Poudel and Kumari Bank signed the agreement. It was signed by Chief Executive Officer Ram Chandra Khanal.Following this...
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