Category/exclusive-news (Total Articles : 2595 )
Insurance company will not be allowed to issue right shares
Kathmandu. In the current Fiscal Year 2078/79, no insurance companies will be allowed to issue right shares. The Insurance Committee has instructed all insurance companies not to propose unofficial rights issue. Although the committee has not yet issued any written instructions, it has instructed not...
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When Bank's new account opening 'Plus code' through Address must be disclosed
Kathmandu. Those who have accounts in banks and financial institutions have to disclose their address through the plus code. In order to identify the exact address electronically, the customer has to provide his / her address through Google Plus code.Nepal...
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Why GO AML software is used in insurance companies ?
Kathmandu. Now GO AML software is also being used in insurance companies. The integrated information system (GML) is being implemented in insurance companies with the objective of controlling money laundering. The GO AML software, which has already been implemented in banks and financial institutions, is...
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Bangladesh Bank's share price raised after the information leak, How ?
Kathmandu. Unauthorized information leakage in Nepal's capital market and stock trading on that basis is not new. However, if an established commercial bank does that, it must be said that no one trusts it here. Everyone could sell morality.Incidentally, the...
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Six reasons why five commercial banks cannot pay cash dividends
Kathmandu. Out of the five operating commercial banks, they will not be able to pay cash dividend to the shareholders from the last fiscal year's profit. According to the unrevised financial statements published by the bank, Civil, Laxmi, Machhapuchhre, NIC Asia and Prabhu Bank will...
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Himalayan and Nepal Investment Bank's Jointly operation from Ashoj
Kathmandu. The consolidated transaction of Himalayan and Nepal Investment Bank will take place only in September. Earlier, preparations were being made to conduct integrated business by mid-July, but now only integrated business will be conducted in September (Ashoj).Final approval from...
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The merger of Himalayan and Investment will increase the salaries of the employees of both the banks and will not reduce the posts
Kathmandu. Along with the merger agreement between Himalayan Bank and Nepal Investment Bank, an agreement has also been reached on the service facilities including the salaries of the employees. After the integrated business of both the banks, the monthly salary and other service facilities of...
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Madhu Marasini appointed Finance Secretary
Kathmandu: The government has appointed Mudh Kumar Marasini as Finance Secretary. A meeting of the cabinet held on July 28 gave the responsibility of finance secretary to Marasini in the office of the Comptroller and Auditor General. Similarly, the same meeting has decided to hand...
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Global IME Microfinance Net Profit Increases 283.09 percent
Kathmandu: The net profit of Global IME MFI has increased attractively. Global has increased its net profit by 283.09% to Rs. 227.6 million by the end of FY 2077-78. Despite the improvement in operating profit along with net interest income, net profit has increased in...
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Profit of microfinance and status of EPS
Kathmandu: Listed companies have started publishing their financial statements up to the fourth quarter of the last fiscal year. The 10 listed microfinance companies have made public their financial statements up to the fourth quarter of the last fiscal year.According...
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Arun Kabeli Power profit raised by 168.38 percent
Kathmandu: Arun Kabeli Power's profit has improved significantly in the fourth quarter of the last fiscal year. The company has increased its profit by 168.38% to Rs. 289.7 million. Last year, the company had earned a profit of Rs 107.9 million. The increase in revenue...
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Corona New variants found in Nepal, affecting people of all age groups
Kathmandu. The Ministry of Health and Population has confirmed a new mutation of the Delta species of Kovid-19 in Nepal. Joint Spokesperson of the Ministry of Health and Population Dr. Sameer Kumar Adhikari said in a press release that a new variant of corona infection has...
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NRB's new directive will increase the bank's bonus shares, How ?
Kathmandu. The new directive issued by Nepal Rastra Bank has increased the bonus shares of banks and financial institutions. In the new directive issued by the National Bank on Monday, the distributable profit of the bank is expected to increase as the interest to be...
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Is your mobile phone slow ? It may be hacked
Your Mobile phone battery running out soon? Or is the data available on the phone you use the same way? There are many people who suffer from such problems over and over again.There is a problem, how much do you...
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Job vacancy in Nepal Rastra Bank ( NRB) for 63 different post
Kathmandu. Nepal Rastra Bank has called for 63 applications for various posts. The bank has invited applications for employment of 63 people including one security assistant, five guards, 22 soldiers, five women soldiers and 30 office assistants.They will also be...
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