Kathmandu. Nepal Rastra Bank has stated that development banks have disbursed more loans than commercial banks. The NRB has made public the current economic and financial situation of the country in the first month of the current fiscal year.According to...
Read MoreKathmandu. Nepal Rastra Bank is going to send Rs 30 billion as deposit to banks and financial institutions. According to the information issued by Nepal Rastra Bank on Thursday, new deposits have been sent to banks and financial institutions for liquidity management. Nepal Rastra Bank...
Read MoreKathmandu. The Asian Development Bank (ADB) has projected Nepal's economy (at market prices) to grow by 4.1 percent in 2022. Updating the bank's flagship publication 'Asian Development Scenario' today, it has projected modest growth in Nepal's economy. The bank had projected that Nepal's economic growth...
Read MoreKathmandu: There are indications that the correction cycle has been completed in the share market. The Nepse index dropped from 3200 points to around 2615 points on Tuesday. Nepse had returned after reaching 2615 points. After that, positive signs have been seen in the market....
Read MoreKathmandu. Only Rs 10 will be charged for interbank transfer through PhonePay's PhonePay Direct. From now on, only Rs 10 will be charged for transferring Rs 100 to Rs 200,000 through PhonePay Direct.Earlier, the fee was charged according to the...
Read MoreWhen there is no cash in the market, where to invest in the stock market? The main reason for the decline in the market is the increase in interest rates by all banks with effect from September 20. Now, instead of...
Read MoreKathmandu. The Nepal Stock Exchange (NEPSE) has declined by a higher number on Monday, the first day of trading of the year. The stock market, which had been open for three consecutive days, had been declining since the beginning. The NEPSE...
Read MoreKathmandu. The new banknote exchange is scheduled to start on September 20. Nepal Rastra Bank has made arrangements to exchange new notes from targeting Dashain Tihar.Revati Prasad Nepal, executive director of the money management department of Nepal Rastra Bank, said...
Read MoreKathmandu. The Health Insurance Board has also started preparations to run insurance programs in Kathmandu and Lalitpur. Due to the corona infection, the program could not be implemented as per the target in these two districts. Damodar Basaula informed.Currently, the...
Read MoreKathmandu. The government has honored various bankers and insurers on the occasion of Constitution Day. On the occasion of the constitution, the government has awarded medals to various bankers, insurers and chartered accountants.Among the honorees are Nabil Bank Chairman Upendra...
Read MoreKathmandu. Meena Bank Nepal's Deputy Chief Executive Officer (Deputy CEO) Rabina Deshraj Shrestha has been decorated on the occasion of Constitution Day.Deputy CEO Shrestha has been working at Mega Bank since its inception. She has previously won four international awards,...
Read MoreKathmandu. Commercial banks have increased interest rates on both deposits and loans with effect from September 20. Commercial banks have also raised interest rates on ordinary savings, term deposits and loans.Commercial banks have hiked interest rates on time deposits from...
Read MoreKathmandu. On Thursday, the last trading day of the year, the Nepal Stock Exchange (NEPSE) has declined by a higher number. The NEPSE index fell by 76.65 points to 2,812.39 points. Similarly, the turnover was Rs. 9.33 billion.According to Nepse,...
Read MoreNepal Rastra Bank (NRB) is going to issue repo for a period of 14 days equal to Rs. As the liquidity management in the banking system has been facing problems for the past few weeks, the NRB is about to inject liquidity into the banking...
Read MoreNabil Bank is going to use new technology to eliminate the hassle of having to deposit money sitting in line. Just as we used to sit in line at the bank for hours to withdraw money when there was no ATM, now we have to...
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