Kathmandu. Himalayan Bank Limited, in the process of expanding its branch network, has opened a new branch at Kabir Sant Satsangh Mandir, Jamsikhel in Lalitpur district.The bank will provide state-of-the-art banking facilities to the customers from these branches. With this...
Read MoreKathmandu. The Nepal Securities Board (NSB) is preparing to clear the securities trading cycle in two days. The board said that the preparations to maintain the current three-day clean-up cycle within two days have reached the final stage.The Board has...
Read MoreKathmandu. Forty-six companies have been approved to act as eligible institutional investors for IPOs to be issued through book-building method. Of the 62 companies that have applied to the Nepal Securities Board for the job, 46 have been approved. Banks, development banks, merchant banks and...
Read MoreKathmandu. Mobile banking business has increased significantly in Nepal recently. The number of mobile banking users has increased by 2.8 million in a year. The NRB has informed that the number of mobile banking users has increased significantly due to the increasing risk of Kovid-19,...
Read MoreKathmandu. There is now a charge for withdrawing money from another bank's ATM machine with one bank's ATM card. This arrangement will be implemented from January 15 (2077 Magh 15).Banks and financial institutions have been charged a fee for withdrawing...
Read MoreKathmandu. Dhaniram Sharma has been elected as the chairman of Rastriya Banijya Bank. A meeting of the bank's board of directors on Thursday elected Sharma as chairman.Newly appointed Chairman Sharma has taken oath of office and secrecy before Governor Maha...
Read MoreKathmandu. Nepal Rastra Bank is issuing reverse repo of Rs 20 billion. NRB is going to issue reverse repo to mature in 28 days.In case of excess liquidity in banks and financial institutions, the central bank mobilizes liquidity through reverse...
Read MoreKathmandu. The World Bank has projected that Nepal's economic growth rate will be only 0.6 percent in the current Fiscal Year 2077/88.The World Bank has made such a projection by releasing the first report of 2021, Global Economic Prospects. Earlier,...
Read MoreKathmandu. Nepal Rastra Bank has invited applications for recruitment to various posts.The Manpower Management Department of the bank has issued an information and opened an application to fill the posts of 50 employees from assistant to assistant director through open...
Read MoreMore people know about Warren Buffett. He is very popular in the world stock market. Many investors around the world are now earning a lot of money from the stock market every day through his guidelines or tips.Warren Buffett has...
Read MoreCitizens Bank International Limited has signed a final agreement to acquire Tinau Mission Development Bank Limited, headquartered in Butwal, which has a Class B license from Nepal Rastra Bank.After the acquisition of Tinau Mission Development Bank by Citizens Bank, the...
Read MoreKathmandu. Century Commercial Bank has opened branches in seven places on the same day.Rajesh Shrestha, Chairman of the Board of Directors of the Bank of Kohalpur Branch of Banke District, Dr. Gita Pradhan, Bholdhoka, Lalitpur District, Balkumari Branch has been...
Read MoreKathmandu. Shikhar Insurance Company Limited has declared a dividend from the profits of the Fiscal Year 2076/77. A meeting of the company's board of directors held on December 6 proposed to distribute 27.769 per cent bonus shares of the paid-up capital and 1.462 per cent...
Read MoreKathmandu. Nepal Infrastructure Bank Limited has projected to increase its capital by 8 percent within the next fiscal year. The company, which is preparing to sell 80 million IPOs in the primary market so far, has raised its paid-up capital to Rs. It is projected...
Read MoreKathmandu. Confederation of Banks and Financial Institutions Nepal, an organization of operators of banks and financial institutions, has demanded that banks should be given share broker licenses easily. The confederation has met Finance Minister Bishnu Poudal and made the demand.A...
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