Kathmandu. Sudhirnath Pandey was appointed as Deputy Chief Executive Officer (DCEO) of Kumari Bank on 5th August last. After leaving the DCEO of NIC Asia Bank and staying at home for 6 months, he became the DCEO of Kumari Bank. Sudhir Nath, who has three...
Read MoreKatmandu. Amoung Top 20 commercial banks, 5 Banks has declared dividend FY on 2080/081 and 10 banks are yet to declared. 4 banks would not give dividend because their income is negative . Siddharth and NMB Banks may not declare dividend because last year's dividend...
Read MoreKathmandu: Out of 15 finance companies listed in NEPSE, 14 have released their financial statements for the first quarter of the current financial year. Samriddhi Finance has not yet released its financial details. By the end of October, the profits of most of the finance...
Read MoreKathmandu. Nepal Rastra Bank has released the financial performance report for commercial and development banks for till the second month of the fiscal year 2081/82, ending in Bhadra. financial report for the first quarter of fiscal year 2081/82, Nepal's commercial banks collectively reported a 21.63%...
Read MoreKathmandu: 20 commercial banks in operation have released their financial reports for the first quarter of the current financial year. According to the report, overall their net profit has increased by 20.17 percent compared to the same period last year. Until October, banks have earned...
Read MoreKathmandu. Salaries and allowances of Everest Bank employees have increased by 13.17 percent. Compared to the previous year, in the last financial year 2080/81, the salary of bank employees increased by 13.17 percent, i.e. 285 million rupees, to 2.41 billion 5 million rupees. In the...
Read MoreKathmandu. Russian President Vladimir Putin has said that the time for a common BRICS currency has not yet come. However, the group of 10 nations is exploring the possibility of using digital currency in mutual trade and investment. Putin stressed that member states should focus...
Read MoreKathmandu: According to the Nepal Rastra Bank latest Report, top 20 commercial banks that are currently operating have earned a total profit of 17.69 billion 21 lakh rupees in the 2 months of the current year. Compared to the same period of the last...
Read MoreKathmandu: According to the latest data published by the Nepal Rastra Bank, the 20 commercial banks that are currently operating have earned a total profit of 17.69 billion 21 lakh rupees in the 2 months of the current year. Compared to the same period of...
Read MoreKathmandu: Top commercial banksof Nepal has reduced interest rates on fixed deposits for the month of Kartik 2081(October 2024). But some banks have continued the previous month's interest rates. On an average, the interest rate of fixed deposits for individuals has now remained at 6.18...
Read MoreKathmandu: Among banks and financial institutions (BFIs), Standard Chartered Bank has the lowest common share. The share ownership of this bank is 75 percent of the founding group and the common share ownership is 25 percent. Among the development banks, Corporate Development and Narayani Development...
Read MoreKathmandu: The Insurance Authority has arranged that the paid-up capital of life insurance companies should be increased to 5 billion and the capital of non-life companies to 2.5 billion. Along with this arrangement, some insurance companies went into mergers in a hurry, while others took...
Read MoreKATHMANDU. The Nepal Rastra Bank (NRB) has issued a second circular to implement the provisions announced in the monetary policy for the fiscal year 2081/82 BS. The NRB has removed the Rs. 20 Crores limit on margin lending for promoter shares. In a circular issued...
Read MoreKathmandu. Banks and financial institutions to maintain the services of some of their branches has been removed even on the day of Dashain Tika and other days before and after. Banks and Financial Institutions Regulation Department of Nepal Rastra Bank has given this instruction to...
Read MoreKathmandu: Many experts suggest common investors to invest in fundamental companies. The financial condition of such companies is good and they also give dividends to the shareholders every year. As a result, shareholders get dividends even if there is no capital gain when the market...
Read More