Kathmandu. The word 'banking' is not only in human life but also the economy of any big or small country depends on the banking system. The word 'bank' was first used in Italy. This Italian word was first used in 1157. The oldest bank in...
Read MoreKathmandu. After more liquidity in the banking system, Nepal Rastra Bank is going to issue a reverse repo of 20 billion rupees for management. The central bank is about to issue a financial instrument reverse repo for a period of 7 days. The National Bank of Liquidity Management...
Read MoreKathmandu. Due to investors' confidence, the stock market has seen an increase in both the NEPSE index and the trading volume this week. Out of the five trading days of the week, NEPSE increased on three days, while on Monday and Thursday it fell. A...
Read MoreKathmandu. According to Nepal Rastra Bank, 55 trillion 47 billion deposits were accumulated in banks and financial institutions. On the same day, the loan-to-deposit ratio of banks and financial institutions fell to close to 84 percent. This means that more than 3 trillion 22 billion...
Read MoreKathmandu. An agreement has been reached between Bankers Association and Invest for Impact Nepal. The company has signed an agreement to jointly run certified courses in environmental, social and governance.According to this agreement, the certified course in environmental, social and...
Read MoreKathmandu. Banking malpractice cases have increased rapidly in Nepal. Especially the recent check bounce issue has increased a lot. According to the statistics obtained from the Nepal Police, the number of complaints under banking offenses has also increased.More than 8,500...
Read MoreKathmandu. The government has made arrangements to levy tax on mergers between companies and Further Public Offerings (FPOs) issued by them. In the budget of the next financial year 2080/81, it is arranged to collect tax on FPO.In this way,...
Read MoreKathmandu. Banks that do not go through with the merger are hoping to issue rights shares. Despite the increase in capital from the merger, the banks were in favor of not going for the merger and lobbying for the issue of rightful shares with Nepal...
Read MoreThe managers of banks and financial institutions have become dissatisfied at this time. The directors and investors of the bank have expressed their opposition to the implementation of the unreasonable tax policy in the budget of the next financial year brought by the government.
Read MoreKathmandu. Commercial banks are going to keep the deposit interest rate constant even in the month of June/July 2023. The executive committee of Nepal Bankers Association (NBA), the umbrella organization of commercial banks, decided to keep the interest rate of deposits stable in the month...
Read MoreKathmandu. Two companies have applied to Nepal Securities Board (SEBON) seeking permission to issue IPO. In Sebon, Sanima Hydropower and Kantipur Television Network have filed an application seeking permission to issue an IPO. Sanima Hydropower submitted an application on June 26 and Kantipur Television on...
Read MoreKathmandu. Japan's stock market has reached its highest point in 33 years. However, the Japanese stock market has not broken the previous all-time high. Japan's stock market Nikkei-225 reached its highest point of 39 thousand 43 in 1990. After 13 years, i.e. till 2003, it...
Read MoreKathmandu. More than 11 billion rupees worth of policies have been surrendered in the ten months of the current financial year, i.e. till the end of Baisakh. This is seen in the latest statistics released by the Nepal Insurance Authority.It...
Read MoreKathmandu. A credit card is an electronic payment card issued by banks with a pre-set credit limit, which helps you do cashless transactions and has many benefits. A credit card balance is the total amount remaining after deducting expenses from the credit limit. The best...
Read MoreKathmandu. Due to the government's change in the tax rate through the budget of the next financial year, there has been some change in the income tax. The government has revised various tax rates through the budget of the next fiscal year 2080/81<span;>. Through...
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