Kathmandu. Rastriya Banijya Bank has expanded seven new branch offices. Balambu Branch Office at Chandragiri in Kathmandu District, Thali Branch Office at Nageshwari Manohara, Thaiv Branch Office at Godavari in Lalitpur District, Kamal Binayak Branch Office at Kamal Binayak in Bhaktapur District, Madi Branch Office...
Read MoreKathmandu. The active deposit account of banks and financial institutions in Nepal has reached 109 percent. According to Nepal Rastra Bank, the total number of listed deposit accounts has reached 33.26 million as of last July, which is 9 percent more than the population projected...
Read MoreKathmandu. Standard Chartered Bank has proposed a total dividend of 13.06 percent from the profits of the last fiscal year 077/78. The meeting of the Board of Directors of the bank has proposed to distribute 10 percent bonus share and 3.6 percent cash dividend including...
Read MoreKathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has administered oath of office and secrecy to newly appointed Chairman of Himalayan Bank Limited Prachanda Bahadur Shrestha.Chairman Shrestha has been reinstated as the chairman of the bank after taking oath....
Read MoreKathmandu. Chairman of Civil Bank Ichchha Raj Tamang has been arrested. He was arrested by the Central Investigation Bureau (CIB) of Nepal Police.Tamang has been arrested on the charge of embezzling the money kept by the depositors in the Civil...
Read MoreKathmandu: Nepal Investors Forum has demanded immediate repeal of the Rs 120 million limit on share pledge loans. The forum has demanded immediate rectification of the decision saying that the capital market has been hit hard due to the short-sighted decision of the officials in...
Read MoreKathmandu: The deposit mobilization of commercial banks has increased by Rs 38 billion in one week. According to the Bankers' Association, deposit collection has increased by Rs 38 billion to Rs 42.18 trillion in a one-week period (September 8 to 15). On September 26, the...
Read MoreKathmandu. Machhapuchhre Bank Limited has entered its 22nd year after completing 21 years. On the same occasion, the bank has honored the employees who have been in continuous service for more than 20 years.Today is the last day of the...
Read MoreKathmandu. Finance Minister Janardan Sharma has urged the microfinance institutions to reduce the existing interest rates on loans. Microfinance institutions have been investing in loans at 10 to 15 percent interest rate. Understanding the demand of the Micro Finance Association of Nepal, Minister Sharma was...
Read MoreKathmandu. Revealing the investments made by Nepal's leaders, rich and big businessmen by opening an 'offshore company' and buying and selling shares in a 'tax haven' country where it is considered easy to hide illegally earned money.Evidence has been found...
Read MoreKathmandu. With the receipt of the new price list from the Indian Oil Corporation (IOC), the loss of the Nepal Oil Corporation is expected to increase further. Based on the price list received from IOC on October 1, the corporation has projected a loss of...
Read MoreKathmandu. Outgoing Vice President Pancha Singh will be the chairperson of Akhil Krantikari. Chairman Pushpa Kamal Dahal Prachanda was given the responsibility of choosing the leadership of the National Conference to be held from the 14th of this month.Chairman Prachanda...
Read MoreKathmandu. The merger between Himalayan and Investment Bank has been delayed. A confrontation has been created between the directors and top management of these two banks. Even before the merger, if the two banks merge due to the pressure of the NRB, there is a...
Read MoreFinance Minister Janardan Sharma has given a clear message on the decline of the share market and removal of Maha Prasad Adhikari from the post of governor. He clarified this in a conversation with the representative of Economic Media Society Nepal Emson, an umbrella organization...
Read MoreThe US State Department has announced the registration date for the DV Lottery 2023. The DV lottery can be filled from 12 noon on Wednesday, October 6 to 12 noon on Tuesday, November 9. The State Department has warned that more than one applicant will...
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