Kathmandu. Interest rates on loans have come down massively. It has decreased by almost two and a half percentage points in one year. The statistics of the current economic and financial situation of the country for the last financial year 2080-81 published by...
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Kathmandu. While the stock market is reaching a new record high, the government has also maintained a record in profit tax. The capital gains tax received by the government from the stock market has been high since the daily turnover of 20 to 30 billion...
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Kathmandu. Nepal Rastra Bank (NRB) has abolished the limit of 200 million share securities loans for institutional investors. The National Bank has issued a circular for banks and financial institutions for the implementation of the monetary policy.The maximum single customer...
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Kathmandu. America, the world's largest economy, is once again under the cloud of recession. Since the corona epidemic started in the country in June, there was a sharp decline in service activities. The country's ISM Services PMI index fell five points to 48.8 last month....
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Kathmandu: Nepal Rastra Bank (NRB), Central Bank of Nepal has been widely criticized due to lack of liquidity in the past years, has been forced to manage it due to excess liquidity in the current financial year. Currently, banks and financial institutions have more than...
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Kathmandu. The Central Investigation Bureau (CIB) of Nepal Police has arrested the directors of the then Century Bank. The CIB, along with former Chairman of Century Bank Rajesh Shrestha, the then members of the Board of Directors, Sunil Kumar Neupane, Prof. Dr. Geeta Pradhan, Ramesh...
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Kathmandu. After the accumulation of liquidity in the financial system, the National Bank is going to withdraw an additional 30 billion rupees from the market. The central bank NRB, 40 billion to draw another 30 billion on Friday 7th June 2023.
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Kathmandu. More liquidity in the financial system, short-term interest rates are seen to be increasing. Since the banks are able to sell goods at interest rates, the interest rate has increased when they invest in deposit collection rather than permanent deposit facilities.
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Kathmandu: Nepal oil Nigam is one of the highest net profit among the public institutions invested by the Government of Nepal. It has earned a net profit of 11 billion 72 crore 29 lakh rupees in the financial year 2079-80. However, its accumulated profit is...
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Kathmandu: The government is going to issue a treasury bill worth 33 billion. The Public Debt Management Office is going to renew the treasury bill of 23 billion and is going to issue a new treasury of 10 billion.For this...
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Kathmandu. Big insurance companies have increased their investment in the stock market. Companies have added 4 billion 11 billion rupees to the investment stock market within one year. This is shown in the third quarter financial statement of the current financial year 2080/81 published by...
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Kathmandu. The base rate of commercial banks has started to decrease continuously. Even in the month of May, the base rate of banks has decreased by 0.22 percentage points. At present, the base rate of banks has reached 7 percentage points. In the month of...
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Kathmandu: The interest rate of share mortgage loans provided by banks and financial institutions has also started to decrease. Banks and financial institutions have been reducing interest rates on deposits due to excess liquidity for a long time.When the interest...
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Kathmandu. There were 4 trading days in the stock market this week. In the 4 days of trading this week, the market rose on 4 days. The market closed at 2131.49 points this week, which closed at 2018.76 points in the previous week. Based on...
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Kathmandu. The World Bank has increased India's GDP forecast for the financial year 2024 by 1.2 percent to 7.5 percent. The estimate has increased because the World Bank expects growth in the service and industrial sectors. While the gross domestic product estimate for fiscal year...
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