Category/exclusive-news (Total Articles : 2586 )
Remittance Agreement between Bank of Kathmandu Limited and Modern Remittance
Kathmandu. Bank of Kathmandu Limited has started the process of remittance payment by signing an agreement with Modern Remittance Practice regarding remittance payment services received from home and abroad. In this regard, the Bank aims to provide remittance services to different parts of Nepal from...
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Share limit loan of 4/12 crore will be Revise and margin lending to 65%
Kathmandu. Nepal Rastra Bank (NRB) has tightened its share-based credit through monetary policy for the current fiscal year. An individual and a company can take up to Rs 40 million from a bank in a share-based loan and banks and financial institutions cannot take more...
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29 banks and financial institutions connected to NPS System of NCHL
Kathmandu. An agreement has been reached between NCHL and 29 banks and financial institutions on November 20 for the launch of the first phase of National Payment Switch (NPS) being implemented by Nepal Clearing House. Representatives of NCHL and related banks and financial institutions exchanged...
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Maha Laxmi Bikas Bank Second Profit ranks among 16 development banks
Kathmandu. The 16 listed development banks have already made public their financial statements up to the first quarter of the current fiscal year. According to the unrevised financial statements of those banks up to that period, 13 banks are in net profit and three banks...
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Pratap Jung Pandey Appointment the chairman of Civil Bank
Kathmandu. The 362nd meeting of the Board of Directors of Civil Bank Limited has unanimously elected Director Pratap Jung Pandey as the Chairman of the Board of Directors. After being elected as the Chairman of the Bank, Pratap Jung Panda thanked all the directors for...
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Gas leak came out from underground In Kathmandu Nepal
Kathmandu. Gas has come out while digging water borehole in Kageshwari Manhara of Kathmandu. The gas leaked while digging a borehole near the vegetable market at Sundarchowk of Kageshwari Manhara 9 on Wednesday. The locals were digging a borehole to manage the water needed to...
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New interest rate Apply in commercial banks, How much Interest Rate?
Kathmandu. Most commercial banks have announced new interest rates. Out of 27 commercial banks, the maximum interest rate of 13 commercial banks is 10.05 percent.After the central bank issued a new directive on interest rate hike for banks and financial...
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Nepal Bank completed Various Social programs on the 85th anniversary
Kathmandu. V.S. Nepal Bank Limited, the oldest bank in Nepal, which was established on November 12, 1994, has organized a blood donation program at the central office premises on the occasion of the 85th anniversary of the bank. Among the various...
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Directive to increase credit flow by revising NRB policy - Finance Minister
Kathmandu. Stating that there is no serious and specific reason for lack of liquidity in the market recently, Finance Minister Janardan Sharma said that there is no need to panic now. Similarly, the NRB stressed on the need to move ahead by revising the policy...
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Himalayan Bank and Nepal Clearing House between Agreement for NEPALPAY QR digital payment services
Kathmandu. An agreement has been signed between Himalayan Bank Limited and Nepal Clearing House Limited. An agreement has been reached to provide state-of-the-art digital payment services to the customers by operating NEPALPAY QR in the first phase by joining the National Payment Switch brought into...
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Rastra Bank approved the bonus Share of Himalayan Bank Limited for final merger
Kathmandu. Nepal Rastra Bank has instructed Himalayan Bank not to distribute the proposed cash dividend until a written commitment of merger is made. Although the NRB has approved the dividend as proposed by the Himalayan Bank, it has asked for a written commitment to conclude...
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Why Rastra Bank forcefully final merger to Himalayan Bank and Investment Bank
Kathmandu. Nepal Rastra Bank has instructed Himalayan Bank not to distribute the proposed cash dividend until a written commitment of merger is made. Although the NRB has approved the dividend as proposed by the Himalayan Bank, it has asked for a written commitment to conclude...
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Nepal Bandh Announcement on Kartik 30 ( October 12)
Kathmandu. Nepal Bandh has been called against the price hike of petroleum products by Nepal Oil Corporation on Wednesday. The Communist Party of Nepal (Nepal), led by Netra Bikram Chand Biplap, has returned to peaceful politics after abandoning violent activities during the Oli government.
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13 Development Bank Increased Net Profit , How much Distributable Profit?
Kathmandu. Sixteen development banks have made public their financial statements for the first quarter of the current fiscal year. According to the financial statement, out of 16 companies, three companies are in loss and the remaining 13 companies are in profit. Muktinath Development Bank has...
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2 days Public holidays in Nepal
Kathmandu: The Government Study Committee has recommended the government to grant public leave two days in a year. The committee was formed by the Ministry of Culture, Tourism and Civil Aviation to study the issue of public giving two days a week. The committee recommended...
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