Kathmandu. In the first quarter of the current fiscal year 2083/84 (mid-Asar to mid-Asoj), Nepal Bank Limited has earned a net profit of Rs 832.187 million. This is an attractive increase of 41.45 percent compared to the same period of the previous fiscal year. In...
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Kathmandu. NMB Bank's profit has increased by 27.11 percent in the first three months of the current fiscal year 2083/84. According to the unaudited financial statements of the first quarter of the current fiscal year 2083/84 made public by the bank, the bank earned a...
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Kathmandu. Machhapuchhre Bank's profit has increased by 31.87 percent in the first three months of the current fiscal year 2083/84. From Asad to mid-Asoj, the bank has earned a net profit of Rs 551 million. In the first three months of the last fiscal year...
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Kathmandu. Everest Bank has earned a net profit of Rs 1.25 billion 27 million in the first quarter of the current fiscal year 2083/84 (up to mid-August).This is an increase of 6.23 percent compared to the same period of the...
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Kathmandu. Sanima Bank has made public a very encouraging financial statement for the first quarter of the current fiscal year. According to the unaudited financial statement released by the bank, its net profit has seen unprecedented progress during the review period. The bank's net profit,...
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Kathmandu. Nepal Rastra Bank has introduced a new 1,000 rupee banknote into circulation from Septmber 20, 2026. Although the size of the new note is the same as the previous note, some changes have been made to its color and security features, the Rastra Bank...
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Kathmandu. Nepal's banking sector is in turmoil following a Supreme Court ruling that any Chief Executive Officer (CEO) or director who has received even a routine "warning" or "caution" from the central bank is automatically disqualified from holding their position for five years.
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Kathmandu. Nepal's banking sector has recently been rocked by several high-profile corruption and embezzlement scandals involving major commercial and development banks. Investigations by the Central Investigation Bureau (CIB) and the Commission for the Investigation of Abuse of Authority (CIAA) have led to the arrests of...
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Kathmandu – After a long period of pressure, the banking sector has started to see a ‘recovery’ of profits. With the improvement in loan recovery and increase in net interest income, the profits of commercial banks have started to rise again. As of the second...
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Kathmandu. Commercial banks have earned a profit of Rs 38 billion. According to Nepal Rastra Bank data, 20 commercial banks have earned a profit of Rs 38 billion 16.6 million in the first 7 months of the current fiscal year.This...
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Kathmandu - Nepal Rastra Bank has earned a net profit of about 80.5 billion rupees in the fiscal year 2081/82. During the period, net income before foreign exchange and other asset revaluation gains/losses increased by 9.11 percent to 80.48 billion 26.50 million compared to the...
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Kathmandu: The base rate of banks and financial institutions has been continuously decreasing. As the base rate, which is considered the main determinant of interest rates, is decreasing, the interest rate that banks charge their customers is decreasing. In the last 1 year, the average...
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Kathmandu: Due to the prolonged recession in the economy, the ability of the general public to borrow is declining. Even though interest rates have come to a very low point, even residential home loans have not been able to increase. According to the data of...
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Kathmandu. The salaries of commercial bank employees have increased by 2.25 billion rupees. By the end of Chaitra of the current fiscal year 2081/82, banks have increased the salaries of employees by 6.064 percent, or 2.48 billion rupees, to 43.63 billion rupees. In Chaitra of...
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Kathmanu. Commercial banks have made public new interest rates for the month of Chaitra. Most of the 20 existing commercial banks have kept the deposit interest rates unchanged from the previous month. Three banks have reduced the interest rates in the interest rates made public,...
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