Category/exclusive-news (Total Articles : 2499 )
6 commercial banks of Nepal under action by Nepal Rastra Bank
Kathmandu. Nepal Rastra Bank has taken action against 6 commercial banks. Action has been taken against 6 commercial banks that did not work according to the instructions given by the National Bank. Among the banks under Rastra Bank's action are Lakshmi Sunrise Bank, Himalayan Bank,...
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Everest Bank Chairman BK Shrestha passed away
Kathmandu. Everest Bank Chairman Everest Bank Chairman BK (Vishnu Krishna) Shrestha passed away. Sraet said that Shrestha, who had been undergoing treatment at the capital's Medicity Hospital for a long time, died on Tuesday, the 6th. It is said that Shrestha will be cremated at...
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IPO of Nepal Ware Housing is open and can apply to fill up 50 thousand units
Kathmandu. Nepal Ware Housing Company has issued an IPO. The company has opened the IPO sale for Nepalis who are employed abroad. The company is going to sell 137 thousand 500 shares of 10 percent of the total 13 lakh 75 thousand shares allocated to...
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Commercial banks base rate to single digits in Nepal and which bank you have to pay cheap interest loan?
Kathmandu. The base rate of almost a dozen banks is in single digits. The base rate of 9 banks, including two government banks, is below 10 percent. Currently, the Aadhaar rate of Standard Chartered, Rashtriya Commerce, Everest, Nabil, Nepal, Nepal Investment Mega, Siddharth NMB and...
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Which Bank's branches will be open on Dashain holidays, Find out the List
Kathmandu. For the convenience of customers, banks are going to open their branch offices even during Dashain holidays. Various commercial banks and development banks have opened branches in different places of the country to provide facilities to the customers even on the Dasain holiday. Banks...
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Bank and financial institution's founder shares can be loaned as collateral by NRB Condition Apply
Kathmandu. There is a provision that banks can provide loans by keeping the founder's shares of banks and financial institutions as guarantors. While disbursing such loans, banks have to fulfill various conditions set by Nepal Rastra Bank. The Central Bank through the integrated directive has...
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IPO of Himalayan Re Insurance, what are the financial statements
Kathmandu. Himalayan Re Insurance Limited is going to sell IPO for Nepalis who are employed abroad from 21st November. The company is going to sell 10% reserved shares out of the total IPO shares to be sold to the general public for Nepalis who are...
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Nabil Bank Notice to update the bank account mobile number
Kathmandu. Nabil Bank has requested its customers to update their mobile numbers in their bank accounts. The bank has been giving information about the transactions in the account to its customers through SSS.If such SMS is not being received, then...
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Nepal's economic growth will be limited to 0.8% - IMF
Kathmandu. The International Monetary Fund (IMF) has predicted that Nepal's economic growth will be limited to 0.8 percent in 2023. Last April, the IMF predicted that Nepal's economic growth would be 4.4 percent in 2023. The IMF has projected that it will be reduced...
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Global IME Bank profit is highest: profit compare Nabil Bank Vs and NIMB
Kathmandu. Commercial banks have earned a net profit of 8.5 billion rupees in one month. The data obtained from Nepal Rastra Bank for the first month of the current fiscal year 2080/81 shows this. 20 commercial banks in operation have earned more profit of...
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Half dozen of CEOs lost their jobs in Nepal
Kathmandu. On 27th Baisakh, IME General and Prudential Insurance Company merged and started integrated business under the name of IGI Prudential Insurance. After the merger, IME General Insurance got both the chairman and CEO of the company. Hemraj Dhakal became the president of the new...
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Women directors in Top 15 banks in Nepal
Kathmandu. Along with employees in banks and financial institutions, the participation of women in the board of directors is also increasing. With the departure of women working in banks, the practice of appointing them as directors is increasing. Nowadays, when most commercial banks increase the...
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PAN mandatory for 50 lakhs Fixed Deposit in commercial banks of Nepal
Banks and financial institutions need a Permanent Account Number (PAN) if they have deposits of more than 50 lakhs rupees. The Nepal Rastra Bank issued a directive on Thursday, making PAN mandatory for deposits above 5 million rupees. Nepal Rastra Bank has introduced a system...
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Challenges in the Nepalese economy but there is great potential for economic growth: Haruhiko Kuroda, Former Governor of the Bank of Japan
Kathmandu. Haruhiko Kuroda, the former governor of the Japanese central bank, Bank of Japan, has said that although there are some challenges in Nepal's economy, there is great potential for economic growth. Kuroda, who is also the former chairman of the Asian Development Bank, said...
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Banks in Nepal : 'C' category banks cannot exchange foreign currency
Kathmandu. 'C' category banks are not allowed to exchange foreign currency. Nepal Rastra Bank issued a unified directive said that 'C' category banks will not be allowed to exchange foreign currency. Nepal Rastra Bank has introduced a system to make it easier for industrialists...
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