Category/exclusive-news (Total Articles : 2442 )
Financial Report of Nepal Rastra Bank 5 billion liquidity in commercial Banks of Nepal and lending is stopped, interest rates are still high
Kathmandu. Investable funds have started accumulating in the latest banking system. Liquidity in banks is getting easier. At present, the total amount with banks and financial institutions has reached 59 billion rupees. In the last one day, deposits of 4 billion rupees were added to...
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Why Share Market still down trending in Nepal
Kathmandu. The central bank's policy of NPR 40/120 million credit threshold against the shares had put the share market in crisis, causing the NEPSE index to plunge. Moreover, the Nepalese economy experienced a significant slowdown due to the pandemic, which affected the performance of many...
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Top 10 banks in Nepal distributable profit is negative
Kathmandu. In the first quarter of the current financial year (July, August, October), the distributable profit of 12 commercial banks has been seen as a loss. The distributable profit has been seen as a loss due to the non-rise of interest on loans made by...
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CIT Citizen Investment Trust profit has 13.82% Increased in Q1 FY 2080/81 and EPS at Rs 19.94
Kathmandu. Citizen Investment Trust (CIT) has released its comprehensive first-quarter report for the financial year 2080/81, revealing a notable rise in its comparative net profit by 13.82 percent. The latest financial data indicates that CIT recorded a net profit of Rs. 26.48 crores during the...
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Microfinance companies dividends to be 15 % limit
Kathmandu. All microfinance financial institutions have been suggested to keep a limit of 15 percent on dividend distribution. This suggestion has been made in the study report prepared by the high level study committee formed by Nepal Rastra Bank to study the current problems of...
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Unnati Sahakarya Laghubitta's FPO is Oversubscribed
Kathmandu. On the first day, 18.11 times more applications were received in the FPO of Unnati Sahasha Lagufinance Financial Institution. 283 thousand 344 investors have applied for FPO purchase. According to which, an application has been made for 32 lakh 33 thousand 280 shares in...
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Banks interest rate on deposits in Nepal by the National Bank
Kathmandu. Nepal Rastra Bank has issued some regulations regarding interest rates. It is mentioned in the book on arrangements made by Nepal Rastra Bank for financial customer protection.These are the arrangements related to interest rates(a)...
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Commercial banks profit has decreased by 28 percent: Bankers Association
Kathamdu. Nepal Bankers Association has said that the profit of commercial banks has decreased by 28 percent. Association president Sunil KC said that the net interest income of the banks did not increase in the first quarter of the current financial year. In a press...
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NRB latest Report, 51 million banks account in Nepal
Kathmandu. The number of bank deposit accounts has reached 51 million 177 thousand 923. It has been found that there are almost double the number of bank accounts in Nepal. The central bank has announced that the number of bank deposit accounts has reached 51.11...
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Non Performing Loans (NPL) Of Commercial Banks of Nepal has increasing 2080/081
Kathmandu. Bad loan ratio of commercial banks is increasing. At present, such loans of banks have reached about three and a half percent. This is shown in the first quarter financial statements of the current financial year 2080/81 published by the banks recently.
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Banks interest rate is decreasing and now the bank starts reducing the premium
Kathmandu. President of Nepal Bankers Association Sunil KC has said that the interest rate of banks will decrease. Speaking at a press conference organized by the Bankers' Association on Monday, President KC said that the interest rate of banks will gradually decrease.
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Banks of Nepal profit comparison in first quarter 2080/081 : NIMB Vs Nabil and Global IME Bank with as Himalayan and Prabhu Bank are more Aggressive
Kathmandu. Among the operating commercial banks, Nepal Investment Mega Bank (NIMB) has earned the highest profit. The first quarter financial statements of the current financial year 2080/81 published by the banks on Friday showed this. According to the details, NIMB is ahead in terms of...
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Banks of Nepal first quarter report of 2080/081: Nepal Investment Mega Bank's profit is highest as 1 billion 52 crores over
Kathmandu. Nepal Investment Mega Bank has become the most profitable bank in the first quarter of the current financial year 2080/081. The bank has earned a profit of 1.52 billion in the first quarter of the current year. During the same period of the previous...
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Commercial Banks of Nepal profit is 15 billion in the first quarter of 2080/081 as top 12 banks has decreased
Kathmandu. All 20 commercial banks have published their financial statements for the first quarter of the current year within the time limit given by the National Bank. In the first quarter of the current year, 20 commercial banks have earned a profit of 14.75 billion...
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'SIM Swap Fraud' scams in India : 8 million Indian rupees lost from the bank account after a missed call on the mobile phone
Kathmandu. A lawyer in the capital of India, New Delhi, has become a victim of a 'phone hacking scam' or a 'SIM swap' incident. An unauthorized person gained access to the SIM card in the woman's name and stole 50 lakhs (Rs 80 lakhs) from...
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