Category/exclusive-news (Total Articles : 2592 )
Suman Sharma appointed CEO of Sunrise Bank
Kathmandu. Suman Sharma has been appointed as the Chief Executive Officer (CEO) of Sunrise Bank. A meeting of the bank's board of directors on Wednesday decided to appoint banker Sharma as CEO for four years.He was earlier the Chief Executive...
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Citizens Bank acquire to Sirjana Finance
Kathmandu. Citizens Bank International Limited is going to acquire Sirjana Finance Limited, headquartered in Biratnagar, which has a Class C license from Nepal Rastra Bank. A preliminary agreement was signed with the company on Wednesday. The agreement was signed by Prabal Jung Pandey, Director and...
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NIC Asia Bank launched Celebrate Love with NIC Asia Bank
Kathmandu. NIC Asia Bank has unveiled a plan called 'Celebrate Love with NIC Asia Bank'. The bank has introduced the scheme for its customers as a continuation of dynamic banking on the occasion of Valentine's Day, which is celebrated on February 14.
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Approval of NRB Not required for foreign investment
Kathmandu. Now, prior approval of Nepal Rastra Bank is not required for the foreign investment in Nepal.The current approval of foreign investment is being sought by modifying the current system of not allowing foreign investment in Nepal without the prior...
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Why Sunrise Bank CEO Janak Sharma resigned ?
Kathmandu. Sunrise Bank Chief Executive Officer Janak Sharma Poudyal has resigned. Poudel, who has been in controversy since the day of his appointment, had submitted his resignation to the board of directors a few months ago but was stopped by the chairman of the committee.
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Green Life Hydropower IPO 1.3 million more people applied
Kathmandu. Green Life Hydropower Limited's IPO has received 1,337,942 applications till 5 pm on the last day. According to CDS and Clearing Limited, purchase applications have been received from these applicants for 2,39,76,600 lots. Which is 7.37 times more than the demand.
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Nepal Government manage 7 billion budget for election 2078
Kathmandu. The Ministry of Finance has provided Rs. 7 billion to the Election Commission for the upcoming elections on April 3 and 4. Finance Minister Bishnu Prasad Poudel informed that Rs. 7 billion has been disbursed to the Election Commission during the mid-year review of...
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Aarti Rajyalakshmi Rana is the Deputy CEO of Sunrise Bank
Kathmandu. Aarti Rajyalakshmi Rana has been appointed as the Deputy Chief Executive Officer (Deputy CEO) of Sunrise Bank. The Board of Directors meeting promoted him from Deputy General Manager to Deputy CEO.She has two decades of experience in the banking...
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Nepal Bank Chairman Basudev Adhikari's resignation approves by Finance Minister
Kathmandu. The government has accepted the resignation of Nepal Bank Limited Chairman Basudev Adhikari. Adhikari resigned from the post on Sunday after a dispute with the finance ministry over the distribution of dividends. Finance Minister Bishnu Prasad Poudel has accepted the resignation of Chairman Adhikari.
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Himalayan Distillery's profit increased by 56 percent
Kathmandu. Himalayan Distillery Limited's profit has increased by 56.5 percent. The company has earned a net profit of Rs 397.6 million in the second quarter of the current fiscal year.It had made a profit of Rs. 254 million in the...
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NEPSE All time high at 2500 points in Nepal and 10 Billion more share traded
Kathmandu. Two new records have been set on the Nepal Stock Exchange (NEPSE) on the same day. On the first day of the week (Sunday), Nepse has increased by 48.74 points and reached 2524 points. This point is still high. Earlier, Nepse had set a...
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Mobile banking users reached 15 million in Nepal
Kathmandu. With the government's vision of Digital Nepal, the number of mobile banking transactions in Nepal has exceeded 13.6 million. Such transactions have increased as banks have given priority to mobile banking transactions. NRB has increased the mobile banking business from an average of 4...
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Nepal Infrastructure Bank is investing Rs 8.75 billion in three projects
Kathmandu. Nepal Infrastructure Bank (NEFRA) is to invest Rs 8.75 billion in three projects. The total cost of these projects will be Rs. 50.87 billion.NIFRA is preparing to invest Rs 4 billion in Nyadi Hydropower. The estimated total cost of...
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Chandragiri Hills IPO listed on Nepse
Kathmandu: The IPO of Chandragiri Hills Limited has been listed in Nepse. Its share trading will be open from Sunday. Nepse has also specified its opening range. For the first transaction of Chandragiri, the range has been fixed from a minimum of Rs 96.69 to...
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Banks and financial institutions credit flow to Stocks and Real estate trading
Banks and financial institutions had disbursed Rs 183 billion in higher purchases till December last year. Car loans have declined as the economy has stagnated due to Covid. NRB has informed that the flow of credit has decreased as the old loan is maturing and new...
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