Kathmandu. CITI Bank of America has mistakenly sent 900 million US dollars or 105 billion Nepali rupees to the public account.The bank was to send ब्याज 8 million (Rs. 930 million) in interest to the accounts of the lenders. However,...
Read MoreKathmandu. The stock market index Nepse closed higher on Thursday, the last trading day of the year. Nepse has increased by 25.23 points and reached 2636.68 points. This is the highest point so far. The Sensitive Index also rose by 6.77 points to 481.78.
Read MoreKathmandu. Loans from banks and financial institutions have increased in the first half of the current fiscal year. In the first six months of the current fiscal year, 66.3 percent of the loans of banks and financial institutions were mortgaged, according to the Nepal Rastra...
Read MoreKathmandu. Garima Development Bank Limited has made public 'Garima Easy Auto Loan'. The bank has announced 'Easy Auto Loan with Garima' at a minimum annual interest rate of 8.75 percent.Under this facility, the bank will disburse loan up to 80...
Read MoreKathmandu. Madhu Marasini has been given the responsibility of the Chairman of Nepal Bank Limited. The Ministry of Finance has given the responsibility of Nepal Bank to the Comptroller and Auditor General Marasini.Basudev Adhikari, who was the chairman of Nepal...
Read MoreThe Government of Nepal has been making various efforts to bring in foreign investment for the development of Nepal's infrastructure. To facilitate foreign investment, the government has made loose provision in the law on foreign investment. Not only that, it has been taking initiative to...
Read MoreKathmandu. The market capitalization of Nepal Infrastructure Bank has exceeded one trillion. On Thursday, Nifra's market capitalization reached Rs 199.20 billion. At the same time, Nifra has set a historical record by entering the billionaire club the fastest.According to Nepse,...
Read MoreKathmandu. Kumari Bank Limited has targeted the tourism entrepreneurs of Thamel under the 'Covid-19 Affected Thamel Tourism Business Revival Loan' scheme. Under the scheme, the bank will provide collective loans to businesses that have been profitable for two consecutive years before the Kovid epidemic.
Read MoreKathmandu. Mahalakshmi Vikas Bank Ltd. 8. A financial assistance of Rs. 500,000 has been provided to the child charioteer in Jayabageshwari for the construction of the school building.Dipanjali Khakurel, head of the market management department of the bank, handed over...
Read MoreKathmandu. Sadhana MicroFinance has demanded employees for the post of Deputy General Manager. According to a statement issued by the financial institution on Wednesday, anyone who has reached the qualification can apply for the post till March 25.The applicant should...
Read MoreKathmandu. Nepal Infrastructure Bank (NIFRA) had a high turnover in the share market on Wednesday. Of the total 203 companies traded, the highest number of shares of Nifra was traded.Shares of the company worth Rs 694.3 million have been traded...
Read MoreKathmandu. The Nepal Stock Exchange (NEPSE) on Wednesday adjusted the price for the purpose of the proposed 25 percent bonus share of Forward Microfinance Microfinance Institution Limited.The price of the company was fixed at Rs 2,678 by adjusting the price...
Read MoreKathmandu. The Nepal Stock Exchange (NEPSE) has risen by 9.94 points on the fourth day of the week (Wednesday). It had increased by 15.50 points on Tuesday and reached 261.11 points.According to Nepse, the index rose by 9.94 points to...
Read MoreKathmandu. Nepal Rastra Bank is going to draw liquidity equal to Rs. 20 billion from the market. While there is more liquidity in the market, Nepal Rastra Bank is going to raise the same amount of liquidity through reverse repo. The repo will be sold...
Read MoreKathmandu. The share market capitalization has increased by more than Rs 1.6 trillion in the last seven months.According to the Nepal Stock Exchange, the market capitalization has increased by Rs 1.613 trillion in the first seven...
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