Category/exclusive-news (Total Articles : 2595 )
Monetary Policy reviewed but 4 to 12 core loan limit not Amendment
Kathmandu. Nepal Rastra Bank has reviewed the monetary policy of the first quarter of the current fiscal year. In the review, the limit of Rs 4 and 120 million in share pledge loan has not been amended. Investors, who had earlier protested against the provision...
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185 billion mobilization through Repo to maintain liquidity in Banks and financial institutions
Kathmandu. Nepal Rastra Bank has disbursed liquidity of Rs. 185.50 billion through repo in the first three months of the current Fiscal Year. Similarly, despite providing liquidity of Rs. 822.68 billion through permanent liquidity facility, there is lack of liquidity in banks and financial institutions.
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Nepal Rastra Bank reviewed the monetary policy of 2078/079
Kathmandu. Nepal Rastra Bank has conducted the first quarterly review of monetary policy. In the monetary policy review made public on Friday, most of the existing provisions have been retained. Many expected policy changes in the quarterly review as the central bank announced its monetary...
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NIC Asia Bank gets ISO 27001: 2013 certification
Kathmandu. NIC Asia Bank is certified by the International Organization for Standardization (ISO) accredited ISO 27001: 2013 (Information Security Management System) to guarantee international standard information security. The bank has been awarded this prestigious certificate by Certification & Information Security Services...
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Be Careful ! Corona new variant was found, Vaccine will not work said by scientists
Kathmandu. A new variant of Covid-19 has appeared in South Africa. This variant is named B1.1.529. The new variant, which was confirmed on Tuesday, is said to have changed at a faster pace. Scientists have expressed concern that the vaccine that has been developed so...
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NRB prepare share margin loan limit 10 to 30 crore by Monterey Policy
Kathmandu. Nepal Rastra Bank is preparing to review the monetary policy for the current fiscal year this year. Investors in the stock market also say that the NRB is preparing to modify the credit limit provided by banks for stock market transactions through monetary policy....
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Nabil Bank honored sixth time for the highest income tax payable Bank
Kathmandu. The Inland Revenue Department has handed over a letter of commendation to Nabil Bank, which has collected the highest corporate tax among banks and financial institutions in the fiscal year 2076-2077 BS.The bank had paid Rs 1.67 billion in...
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Nabil Bank launched 'Premium Remittance Savings Account'
Kathmandu. Nabil Bank has launched 'Premium Remittance Savings Account' under the personal savings account for Nepali citizens in foreign employment. Savings account can be opened by keeping the remittance amount received from the banking system in deposit. Customers will be able to open this account...
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Kamana Sewa Bikas Bank affiliated to NCHL's National Payment Switch
Kathmandu. Kamana Sewa Vikas Bank has joined the first phase of National Payment Switch launched by Nepal Clearing House Limited (NCHL). An agreement in this regard was signed between Kamana Seva Vikas Bank and NCHL today. The MoU signing ceremony was attended by Governor Maha...
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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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