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. The world's largest cryptocurrency exchange 'Binance' has become a victim of the biggest and deadliest cyber attack ever. According to information provided by Binance, digital assets worth approximately 6.3 billion US dollars (approximately 4.7 billion pounds) have been hacked....
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Kathmandu. Mobile banking services in Nepal have expanded rapidly, with active users crossing 34.7 million. Most commercial banks, development banks, and financial institutions apps stand out for their reliability, features, and user ratings:• Siddhartha Bank App: Frequently praised by users...
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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. There are many books by various authors available in the market about the stock market. Also, in the current situation, a large number of films have been produced in the world with the stock market as the main topic. The common people can gain more...
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The Securities and Exchange Board of Nepal (SEBON) has implemented the Anti-Money Laundering and Financing of Terrorism Financing Directive, 2083. Following this directive, which was issued by the board and will be effective from Ashoj 30, 2083 various questions and doubts have been raised among...
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Kathmandu. After serious security vulnerabilities were found in PHP programming technology used to operate websites and online systems around the world, it has also affected the banking sector in Nepal. To protect the system and customer details from possible cyber attacks, various banks and financial...
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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 Rastra Bank has reduced the minimum period for banks and financial institutions to invest in shares and debentures of listed companies from 6 months to 45 days. The Rastra Bank has made such a provision by amending the Integrated Directives issued to ‘A’,...
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Kathmandu. The Nepal Bankers Association has informed that 26 employees of the banking sector have not yet been contacted due to the Rasuwa flood. 7 employees of Nepal Investment Mega Bank, 5 employees of Machhapuchhre Bank, 4/4 employees of NMB and Prabhu Bank, 2/2 employees...
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Kathmandu. The Nepal Can Move Pvt. Ltd. (NCM) case, which has reached court on charges of concealing transactions and evading revenue, has reached a new and more serious phase.The Revenue Investigation Department has filed a case alleging that there is...
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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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