Category/exclusive-news (Total Articles : 2469 )
Europe's economy slows down and US also high risks falling apart
Kathmandu. Germany is the largest economy in Europe. Now there are news that the economy has been pushed into economic recession. According to the recently released data by the German Statistics Office, the economy shrank by 0.3 percent in the first quarter of 2023. Germany...
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After the ban of INR 2000 notes in India that may be increase to keep black money in Nepal
Kathmandu. The central bank's decision to remove the 2000 note from circulation in India has caused an uproar. It is certain that it will have a significant impact on the Nepalese economy. The Indian central bank 'Reserve Bank of India - RBI' said through a...
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Today 4 Four banks provide Banking services on public holidays : Himalayan, Laxmi, Sanima and Shangrila Development Banks holiday counter
Himalayan Bank has said that it will provide services through 42 branches.Kathmandu. On the occasion of Republic Day on May 15, the government has decided to give a public holiday across the country. Although it is a public holiday, Shangrila Development Bank,...
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Liquidity of banking system has improved and Interest rates are also decreasing - Economic survey
Kathmandu. The liquidity of the banking system has improved significantly. The economic survey report of the current fiscal year 2079/80, released by the Ministry of Finance on Sunday, showed this. According to reports, the liquidity of the banking system has improved significantly in recent months....
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The growth rate of insurance fee earnings will be limited to 5.45 percent in 2080/081
Kathmandu. Nepal Insurance Authority has predicted that the growth rate of total insurance premiums will be limited to 5.54 percent in the current financial year. The authority has projected that the insurance companies will earn 1 trillion 87 billion 59 million rupees in insurance fees...
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NEPSE as Bullish Trend with increased by 142 points in seven days
Kathamnu. The NEPSE index rose for the seventh consecutive trading day. NEPSE, which has been rising since Tuesday of last week, has continued the same pace on this day as well. The NEPSE index has gained 141.78 points in the last 7 trading days. On...
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'Top 5 (Five) commercial banks of Nepal as paid of capital and net Profit
Kathmandu. Banks are more competing in banking sector of Nepal. Now Banks have started to compete on the basis of capital size, deposit collection and loan flow, branch network basis, profit basis etc. In terms of capital, Global IME Bank, which merged with Bank of...
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Nepal Bank and Rastriya Banijya Bank becoming the third largest bank of Nepal by Big Meger with in year
Kathmandu. The policy arrangements for the merger of two large state-owned banks Nepal Bank and National Commercial Bank within one year will be made in the next year's budget. Currently, 3 banks are operating with government investment. Government has 100% investment in National Commercial Bank,...
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How much income tax paid by commercial bank of Nepal ?
Kathmandu. By the end of the current financial year 2079/80, the income tax paid by commercial banks to the government has decreased by 1.16 billion 74 lakh rupees. The data obtained from the Nepal Bankers Association has shown this. During the review period, 21 commercial...
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What is the distributable profit of microfinance companies of Nepal ?
6 companies are negative and 27 microfinance are goodKathmandu. Recently, there has been a contraction in the profits of microfinance financial institutions. Profits were affected due to increase in bad loans of companies. Along with the increase in bad loans...
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Commercial banks of Nepal Income tax paid decreased by 87.37 percent
Kathmandu. Income tax paid by commercial banks is decreasing. According to the Nepal Bankers Association, the banks have paid 19.99 billion 75 lakh rupees in taxes till the third quarter of the current financial year. The income tax is 87.37 percent less than the third...
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Rawa Energy issuing IPO : We can buy 10,000 unit shares from18th Jestha 2080.
Kathmandu. Rawa Energy Development is going to open the IPO issue and sale to general investors from 18th Jestha 2080. The company is going to open share sale of 30 percent of the issued capital of 28 million rupees, i.e. 84 million rupees.
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Commercial banks Deposits close to 55 billion and CD ratio is 84.82 percent
Kathmandu. Recently, as the economy has become easier, the deposit collection of banks and financial institutions has also increased. According to the latest statistics of the National Bank, the deposits of banks and financial institutions have reached almost 55 billion rupees.
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19 Banks reduced share loans but Agriculture Bank ( ADBL) has increased
Kathmandu. In the 8 months of the current financial year, the share mortgage loans of commercial banks have been reduced. According to the statistics of Nepal Rastra Bank, the share mortgage loans of commercial banks decreased by 26.76 percent till February. In February of last...
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Non Life Insurance Company's business exceeds 30 billion: Shikhar is the first, followed by Sagarmatha Lumbini and Siddharth Premier
Kathmandu. Non-life insurance companies have earned more than 30 billion insurance fees in the ninth month. The operating non-life insurance companies have collected insurance fees of 30 billion 1 crore 48 lakh rupees till the end of March of the current financial year 2079/80.
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