Category/exclusive-news (Total Articles : 2595 )
Dipesh Lamsal is the CEO of Mahalaxmi Development Bank
Kathmandu. Dipesh Lamsal has been appointed as the acting Chief Executive Officer (CEO) of Mahalakshmi Development Bank.A meeting of the Board of Directors of the bank, Lamsal promoted Deputy Chief Executive Officer of the company, to the post...
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Refinance to hydropower projects of less than 10 MW capacity By NRB review Monetary Policy
Kathmandu. Nepal Rastra Bank has stated that it will give special refinancing to projects with a capacity of less than 10 MW.Reviewing the monetary policy for the current fiscal year 2077/07, Governor Maha Prasad Adhikari said that hydropower projects with...
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Nepse corrected by 33 points and stopped at 2493 points, Around 7 billion share turnover
Kathmandu. On Sunday, the first trading day of the year, the Nepse index dropped 33.33 points and closed at 2493.59 points. Today's market opened at 2536.47 points and fell to 2537 points.A total of 16,058,458 shares worth Rs 8.41 billion...
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Nepal Rastra Bank Review Half Yearly Monetary Policy : Special refinancing of hydropower projects
Nepal Rastra Bank has made public the half-yearly review of monetary policy. The review has been made public by making general changes in the previous system.NRB has added the facility of rescheduling loans. The NRB has said that the industry...
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Nepal Rastra Bank Review the Monetary policy : The borrower will be able to reschedule and restructure the loan by mid-July 2021
Kathmandu. Entrepreneurs affected by Covid will be able to reschedule and restructure their loans by mid-July 2078 BS.NRB has made arrangements for rescheduling and restructuring of loans by mid-July through review of monetary policy. However, the borrower has to pay...
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Deposits in banks and financial institutions increased by 9.2 percent
Kathmandu. Deposits in banks and financial institutions increased by 9.2 percent in the first six months of the current fiscal year. Such deposits had increased by 6.2 percent in the corresponding period of the previous year.On a year-on-year basis, deposits with banks...
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Bank interest Rate of commercial Bank of Nepal has changed, Which bank will pay highest Rate ?
Kathmandu. Banks and financial institutions have started announcing new interest rates. Banks will pay a minimum of 2 percent and a maximum of 5 percent interest on savings deposits. The maximum interest rate on time deposits will be up to 8 percent. Similarly, banks have...
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NECO Insurance's profit increased by 60 percent
Kathmandu. NECO Insurance has earned a net profit of Rs 264 million in mid-January of the current fiscal year. This profit is 60.29 percent higher than the previous fiscal year. The company had earned a net profit of only Rs 164.7 million as of mid-January...
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Covid 19 Vaccine to Bank and Insurance employees In third Phase Scheduled by Nepal Government
Kathmandu. In the third phase, the government will vaccinate employees of banks, financial institutions and insurance companies against COVID-19. The government is preparing to start the third phase of vaccination from February 20.According to Prada Jageshwor Gautam, spokesperson of the...
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Santosh Prasai appointed CEO of Nepal Life Insurance Company
Kathmandu. Santosh Prasai has been appointed as the Chief Executive Officer (CEO) of Nepal Life Insurance. The board of directors of the company, which met on Tuesday, February 10, has decided to appoint acting CEO Prasai as the CEO.The Board...
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Machhapuchhre Bank launches remit app for the first time in Nepal
Kathmandu. Machhapuchhre Bank Limited has launched the remit app first time in the history of Nepali Commercial Bank. The bank has launched Sae app. The bank has said that the app has been made public to make it easier to send...
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Nepal Life Insurance Company profit increased by 31 percent
Kathmandu. Nepal Life Insurance Company Limited has increased its profit by 31.40 percent in the first six months of the current fiscal year. The company has made a net profit of Rs 429.7 million as of mid-January. This profit is not linked to the profit...
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Nepal Life Insurance earned Rs 17 billion premiums in six months
Kathmandu. For the first six months of the current Fiscal Year, Nepal Life Insurance Company Limited paid Rs. 17.40 billion 69.72 million total premium has been earned. During the same period last year, the company earned Rs. The total premium earned was Rs 14.72 billion.
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Unilever Nepal earned Rs 131.5 million net profit
Kathmandu. By the second quarter of the current Fiscal Year, Unilever Nepal Limited had disbursed Rs. It has made a net profit of Rs. 131.5 million. The profit was Rs. 237.5 million. The company's net profit has dropped by about 45 percent this year compared...
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67 percent of industries are still at a loss in Nepal
Kathmandu. The Ministry of Industry, Commerce and Supplies has released a study report on the impact of COVID-19 on the loss of most industries and businesses. According to a study conducted by the ministry, 67.56 percent of industries and businesses are at a loss. Only...
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