Category/exclusive-news (Total Articles : 2440 )

Monetary policy: Interest on loans may increase

Monetary policy: Interest on loans may increase

Kathmandu. Nepal Rastra Bank has projected that the interest rate on loans may increase in the current fiscal year. As liquidity in the market is declining, interest rates are projected to rise.Governor of Nepal Rastra Bank Maha Prasad Adhikari made...

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Monetary policy 2078 : CD ratio 90 percent and CCD is out

Monetary policy 2078 : CD ratio 90 percent and CCD is out

Kathmandu. Nepal Rastra Bank (NRB) has removed the provision for capital loan deposit (CCD) ratio for banks and financial institutions. NRB is going to make such policy arrangement saying that more capital is needed in the economy.The monetary policy stipulates...

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SBI Bank wins 'Best Corporate Banking Solution Nepal Award'

SBI Bank wins 'Best Corporate Banking Solution Nepal Award'

Kathmandu. Nepal SBI Bank has received the 'Best Corporate Banking Solution Nepal Award 2021'. The award was presented to the bank by London-based Capital Finance International (CFI CO).The award is given annually by the CFI CO on the basis of...

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Monetary policy: Bumper 'offer' to banks and financial institutions for big merger

Monetary policy: Bumper 'offer' to banks and financial institutions for big merger

Kathmandu. Nepal Rastra Bank is going to provide nine different types of facilities to banks and financial institutions for merging.Monetary policy has encouraged banks and financial institutions to merge for sustainable and inclusive development of the financial sector and increase...

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Monetary policy: A single bank can lend up to Rs 2 billion

Monetary policy: A single bank can lend up to Rs 2 billion

Kathmandu. Banks and financial institutions have to provide loans at easy interest rates for industrial promotion.The monetary policy of the current fiscal year released by the central bank today will allow an additional two percent premium to be added to...

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Banks will be able to invest up to 5 lakh loans to farmers through cooperatives

Banks will be able to invest up to 5 lakh loans to farmers through cooperatives

Kathmandu. Nepal Rastra Bank has made arrangements for banks and financial institutions to disburse loans to farmers through cooperatives. Through the monetary policy of the current Fiscal Year, the banks have made arrangements to provide indirect credit to the farmers.Arrangements...

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India's cabinet approves LIC's IPO

India's cabinet approves LIC's IPO

Agency. India's Union Council of Ministers has approved the IPO of the country's largest insurance company (LIC). Following the IPO approval, a committee headed by Union Finance Minister Nirmala Sitharaman will now decide on the size and price of the IPO. At present, the Government...

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Share collateral loan up to a maximum of Rs 120 million

Share collateral loan up to a maximum of Rs 120 million

Kathmandu. Nepal Rastra Bank has made an arrangement for an institution or an individual to get a share pledge loan limit of up to Rs. 120 million at most. Such loans will be available from a bank only up to a maximum of Rs 40...

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Mega Bank increased net profit by 45.16 percent

Mega Bank increased net profit by 45.16 percent

Mega Bank Nepal Limited has disbursed Rs. It has made a net profit of over Rs 2.30 billion. According to the financial statement of the public bank, the net profit increased by 45.16 percent last year compared to the same period of the previous year....

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Laxmi Bank earned Rs 1.54 billion profit but Interest income declined by 7 percent

Laxmi Bank earned Rs 1.54 billion profit but Interest income declined by 7 percent

Laxmi Bank Ltd. had a net profit of Rs. It has made a net profit of over Rs 1.54 billion. According to the bank's financial statements for the period released on Friday, the net profit has increased by 9.20 percent last year as compared to...

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Nepal Investment Bank's net profit increased by 50.69 percent

Nepal Investment Bank's net profit increased by 50.69 percent

Nepal Investment Bank Limited has made a net profit of 50.69 percent more than the previous year till the fourth quarter of the last fiscal year. As per the financial statement of the public bank on Friday, Rs. The bank had made a net profit...

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Everest Bank earned Rs 1.82 billion profit

Everest Bank earned Rs 1.82 billion profit

Kathmandu. Everest Bank Ltd. had a net profit of Rs. It has made a net profit of over Rs 1.82 billion. As per the financial statements the net profit of the bank has decreased by 27.34 percent compared to the same period of the previous...

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Himalayan Bank earned around Rs 3 billion profit

Himalayan Bank earned around Rs 3 billion profit

Kathmandu. Himalayan Bank Limited has earned a profit of around Rs. 3 billion in the last fiscal year 2077/78. Himalayan Bank earned a net profit of Rs 2.99 billion last year.The bank's profit has increased by about 16 percent compared...

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Nepal Bank earned Rs 3.6 billion net profit

Nepal Bank earned Rs 3.6 billion net profit

Kathmandu. Nepal Bank has earned a profit of more than Rs 3 billion in the fiscal year. The bank has earned a net profit of Rs 3.64 billion, which is 31.40 percent more than the previous fiscal year. In the previous fiscal year, the bank...

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Five commercial banks has published their Financial statements, How much bank profit ?

Five commercial banks has published their Financial statements, How much bank profit ?

Kathmandu. Five commercial banks of Nepal has published their financial statements of Q4 the fiscal year 2077/078. Everest Bank, Nepal Investment Bank, Laxmi Bank, Mega Bank and Himalayan Bank have made public their financial statements up to the fourth quarter of the last fiscal year. 

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