Category/exclusive-news (Total Articles : 2469 )
The number of Commercial banks in Nepal is 20 : The current year 12 have been merged in to 6 Banks
Kathmandu. After Laxmi Bank and Sunrise Bank merged and started integrated business, the number of commercial banks has now reduced to 20. According to the 'Big Merger' policy taken by the National Bank, in the current financial year 2079/80 only 12 commercial banks have merged...
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Laxmi and Sunrise Bank became One Laxmi Sunrise Bank and Ajaybikram Shah as CEO Shah : Who are the board of directors ?
Kathmandu. Laxmi Bank Limited and Sunrise Bank Limited merged with each other and started integrated business under the name of 'Lakshmi Sunrise Bank Limited' from today. The integrated business of the two banks has started within 6 months of the initial agreement regarding the merger.
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Laxmi Sunrise Bank has starts integrated business and Paid of capital is 21.67 Billion
Kathmandu. The integrated business of Laxmi Bank and Sunrise Bank will start from today. After the merger between the two banks today, they are going to do integrated business under the name of Laxmi Sunrise Bank from July 14 2023.A...
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Development banks of Nepal has reduced the interest Rate by 0.50 percent
Kathmandu. Development Bank has fixed the new interest rate to be implemented from next July. Development Banks Association, the umbrella organization of development banks, has decided to reduce the monthly interest received by the customers by 0.50 percent in June.Currently,...
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IPO issuing 42 companies have permission In the current year
Kathmandu. In the current financial year, 42 companies have received permission to issue ordinary shares worth 22 billion 378 million 12 thousand 897 rupees. If we look at the data, this year there has been a flood in the IPO of Hydropower. This year, 29...
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Commercial Banks are reducing interest rates on deposits and loans
Kathmandu. The interest rate will decrease in the coming month of July. The interest rates of banks and financial institutions will be reduced in the coming mid July 2023 (Sharwan 2080). Banks have prepared to reduce the interest rate of deposits and loans with effect...
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Commercial banks of Nepal Interbank interest rate down 2.5 percent and CD Ratio at 82.88 percent
Kathmandu. 12 billion rupees have entered the banking system in one day. Due to the increase in demand for loans in banks and financial institutions, investable funds are piling up in the banking system. According to the statistics of Nepal Rastra Bank, deposits in banks...
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Nepal Rastra Bank instructions to banking services on 23rd, 24th and 30th Ashad holidays
Kathmandu. Nepal Rastra Bank has instructed to maintain banking service schedule even on holidays. The Banking and Financial Institutions Regulation Department of the National Bank issued a notification on Friday and gave this instruction.Rastra Bank has instructed to maintain banking...
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TiE Boston’s Aqua-Sol wins First Runner-Up at the 2023 on Global final competition
Kathmandu. At the Global Finals held in San Diego last week, TiE Boston's Young Entrepreneurs (TYE) team, Aqua-Sol won the 1st Runner-Up Award. The team, which consists of Soham Kulkarni, Samarth Bedre, Jacob Slavsky, Anoop Rampure and Karthik Pisupati, developed a technique that uses a...
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Stock Market of Nepal is wait and see condition : NEPSE decreased by 101 units and turnover is 5 billion on a week
Kathmandu. To the end of the financial year 2079.080, the stock market has been affected. The stock market has been affected this week due to the effect of mid-June. Tilak Koirala, an investor, said that although there is enough investable money in the banking system,...
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NEPSE License to 7 New broker companies in Nepal
Kathmandu. New brokers have been given certificate (membership) by Nepal Stock Exchange (NEPSE). Neps has also given permission to the companies that have been allowed by the Securities Board to operate after completing the necessary procedures.The meeting of the Board...
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NEPSE-30 index review in Nepal by NEPSE
Kathmandu. Nepal Stock Exchange (NEPSE) has decided to grant trading membership to a new broker company and will also conduct internal testing of NEPSE-30 index. NEPSE Board of Directors has decided to grant business membership to new broker companies that meet the criteria. With the...
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Liquidity Increased and 83.47 percent CD Ratio in Commercial banks of Nepal
Kathmandu. Investable capital is accumulating in banks. As the demand for loans has not increased recently, investable capital has been piling up in banks. Due to the economic recession, the demand for loans in banks has not yet increased. As a result, the investable amount...
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Now e-Sewa money can be withdrawan from the ATM of Everest Bank
Kathmandu. A payment cooperation agreement has been signed between Iseva and Everest Bank. Along with this, now the money in Iseva's account can be withdrawn from the ATM of Everest Bank. The agreement signed between Iseva and Everest Bank for the provision of this service...
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Indian stock market hit high record in history
Kathmandu. A new record jump in the stock markets of neighboring India and Pakistan. On Monday, the Indian stock market has reached a new high in history, while in Pakistan, an unnatural growth that has never been seen has been seen on Monday.
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