Kathmandu. Executive Director of Nepal Rastra Bank Ram Bahadur Manandhar has been elected as the Chairman of Nepal Clearing House Limited. The meeting of the 169th Board of Directors of House Limited has selected Manandhar as the chairman. Deputy Governor of Nepal Rastra Bank Dr....
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Agency. A magnitude 6.9 earthquake has triggered a tsunami in Japan. Residents of Japan's northeastern coastal region have been urged to remain vigilant with tsunami warnings. The epicenter was reported below the epicenter, however; no tsunami alert was issued. The epicenter was reported below the...
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Kathmandu. Durga Prasad Timsina (Deepak Jaisi) of Ilam, who has been lodged in an Indian jail for 40 years without a hearing, has been released from jail on Saturday. Durga Prasad was released after her brother Prakash Chandra Timsina signed...
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Kathmandu. Corona virus (Covid-19) infection is on the rise in India. According to the Indian Ministry of Health on Friday, about 40,000 new corona infections have been added.This is the highest number of new infections since November 29. In such...
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Kathmandu. In Thursday's market, both the Nepse index and the transaction amount have increased. On the same day, the index increased by 42.95 points and reached 2475.09 points. Which is 1.77 percent more than on Wednesday.Similarly, the transaction amount has...
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Kathmandu. It is said that the merger process between Nepal Investment and Himalayan Bank has reached the final stage to become the largest bank in Nepal. Although the process of signing the Memorandum of Understanding (MoU) for the merger has moved forward, there has been...
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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.
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Kathmandu. 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...
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Kathmandu. 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....
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Kathmandu. 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...
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Kathmandu. 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,...
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Kathmandu. 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...
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Kathmandu. 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...
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Kathmandu. 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....
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Kathmandu. 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...
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