Kathmandu. Chandra Prasad Dhakal, Senior Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has suggested the Nepalese entrepreneurs to use the single digit interest rates of Nepal's banks and financial institutions and increase investment in industrial and commercial activities.
Read MoreKathmandu. The IPO of Singti Hydro Energy Limited, which has gone public for the general public, has received 1.57 times more applications than the demand. On the first day, 250,000 425 applicants received Rs. 42.31 million 17 thousand equivalent to 42 lakh 31 thousand 170...
Read MoreKathmandu. The study report conducted for the purpose of giving public leave two days a year seems to be limited to discussion.The study report has shown that Rs 1.64 billion will be saved in the state treasury in two days....
Read MoreKathmandu. Investment Bank (NIBL) and Himalayan Bank (HBL) are working hard to merge. The banks have stated that the due diligence audit (DDA) report required for merging with each other is being discussed in the board.Investment Bank has already passed...
Read MoreKathmandu. The financial resources required for the 21.3 MW Khola Khola Hydropower Project, which is about to start construction with private sector investment in Nepal, have been mobilized. The hydropower project being developed by Samyukta Energy Pvt. Ltd. with the main investment of eminent businessmen,...
Read MoreKathmandu. There are signs of lack of liquidity in the market. In the second week of last December, there was an excess liquidity in the banking system at around Rs 200 crore. At present, there is liquidity of Rs 47.38 billion, according to Nepal Rastra...
Read MoreKathmandu. The 27 operating commercial banks have collected Rs 39.80 billion in deposits and disbursed Rs 94.03 billion in loans in March.Banks have increased their deposits from Rs 37.86 billion to Rs 38.26 billion by mid-February, an increase of 1.05...
Read MoreKathmandu. Nabil Bank has demanded a large number of employees at once. The bank has published a notice and demanded 89 employees in various posts.The bank has demanded management trainees, trainee assistants and employees in information technology through open competition....
Read MoreKathmandu. For the first time, Sarvottam Cement is going to issue ordinary shares (IPO) through book building. The company said on Wednesday that it would issue an IPO worth Rs 6 million through Book Building.The company will issue 15 percent...
Read MoreKathmandu. Nabil Bank has launched a very attractive scheme for personal term accounts. The bank hopes that the scheme will help alleviate financial hardship as it will provide higher interest rates on personal term deposits of Nepalis.Nabil Bank has raised...
Read MoreKathmandu. Revenue Secretary Ram Sharan Pudasaini said that the fund should mobilize investment in infrastructure and productive sectors. On the occasion of the 31st anniversary of the Citizens Investment Fund, Secretary Pudasaini said that it was time for the fund to do more work for...
Read MoreKathmandu. Rastriya Banijya Bank's interest rate on business loans has come down. The bank's business loan interest rate has been reduced by 0.5 percent. The bank has said that the interest rate has also come down along with the reduction in the premium rate on...
Read MoreKathmandu. The Securities and Exchange Board of Nepal (SEB) has given permission for the issuance of securities worth Rs. The Nepal Securities Board (NSB) has been allowed to issue ordinary shares worth Rs 10.93 billion, debentures worth Rs 10.64 billion, rights shares worth Rs 1.96...
Read MoreKathmandu. A total of 213 banks and financial institutions have joined the merger / acquisition process till mid-January 2077 BS after the process of merger and acquisition of banks and financial institutions was started.Out of this, the licenses of 161...
Read MoreKathmandu: Nepal Rastra Bank (NRB) has made public its economic and financial situation based on the data for the first seven months of the current fiscal year. According to the central bank, total merchandise imports increased by 0.01% to Rs. 803.64 billion in the first...
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