Kathmandu. On Thursday, the last trading day of the year, the Nepal Stock Exchange (NEPSE) has declined by a higher number. The NEPSE index fell by 76.65 points to 2,812.39 points. Similarly, the turnover was Rs. 9.33 billion.According to Nepse,...
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Nepal Rastra Bank (NRB) is going to issue repo for a period of 14 days equal to Rs. As the liquidity management in the banking system has been facing problems for the past few weeks, the NRB is about to inject liquidity into the banking...
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Nabil Bank is going to use new technology to eliminate the hassle of having to deposit money sitting in line. Just as we used to sit in line at the bank for hours to withdraw money when there was no ATM, now we have to...
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Kathmandu. The stock market, which has been on a continuous journey for several years, rose by 71.43 points on Sunday. The stock market rose by 71.43 points to 2947.42 points on Sunday. The market grew by 2.48 percent. A total of Rs 9.44 billion has...
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Kathmandu. Century Commercial Bank has launched a new savings account 'Century Remit Premium Account' keeping in mind the demands of its customers. The account with a minimum balance of Rs 1,000 will be paid quarterly interest at the rate of 5.50 percent per annum.
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Kathmandu. Machhapuchhre Bank Limited has brought in the facility of opening demat account through online keeping in view the convenience of the customers. Machhapuchhre Bank, which has been providing all the facilities related to share application including demat for a long time, has brought the...
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The government has revised the budget for the current fiscal year 078/079.Modifying the budget number brought by the budget ordinance, the government has brought a budget replacement bill of Rs. 1,632.83 billion.Finance Minister Janardan Sharma...
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Kathmandu. Nepal Rastra Bank has reduced the limit of Trust Receipt Loan (TR Loan) to 90 days. Nepal Rastra Bank (NRB) on Thursday issued a circular lowering the limit of TR loans given by banks and financial institutions to 90 days. After that, the loan...
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Also 148 were removed from the listingKathmandu. Shares of 34 companies listed by the Nepal Stock Exchange (NEPSE) have been blocked.The companies listed in Nepse are currently divided into 13 groups. Among them, KNEPS has...
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Kathmandu: Standard Chartered PLC, a British multinational company, is set to set up a digital bank in Singapore. The virtual-only bank has signed an agreement with Singapore's largest trade union, the National Trade Union Congress (NTUC). Chartered will own 60% of...
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Kathmandu. NEPSE fell by 44 points on Tuesday and by 60 points on Wednesday. On Wednesday, the Nepse index decreased by 60.02 points and stood at 2876.59 points. Shares worth more than Rs 6.64 billion have been traded. When the news of a telephone conversation...
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Kathmandu. It has been revealed that an agreement has been reached between Bank of Kathmandu (BOK) and Global IME Bank to merge. According to a source close to Bank of Kathmandu, a merger agreement was signed between the two banks on July 13.
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Kathmandu. Muktinath Development Bank is going to give concessional loans to the member agencies of Nepal Advertising Association (NAA). An agreement was reached between Muktinath Development Bank and AAN on Sunday.The agreement was signed by Chairman Som Prasad Dhital on...
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Kathmandu. NMB Bank has been awarded the Green Deal of the Year 2021 in the Corporate and Investment Banking Awards category given by Singapore's Asian Banking and Finance Magazine.NMB Bank has been honored by Asian Banking and Finance Magazine as...
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Kathmandu. Bank receives the interest due by mid-August 2078, it will be able to account for the amount in mid-July 2078, and the distributable profit of the banks will increase. According to the unrevised financial statements made public by commercial banks,...
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