Kathmandu. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, said that economic activity is increasing when the interest rates of banks are decreasing. Addressing the main ceremony held on the occasion of the 68th anniversary of Rashtra Bank, the governor officer said this. The governor...
Read MoreKathmandu. On the basis of total assets, Global IME, Nabil Nepal Investment Mega Bank is seen ahead. The total assets of these three banks are over 4 billion. The third quarter financial statement of the current financial year 2079/80 published by the banks has...
Read MoreKathmandu. Dinesh Thakali has become the Chief Executive Officer (CEO) of Kamna Seva Bikas Bank. Thakali Kamna, who is currently working as the Chief Business Officer in Prabhu Bank, has become the CEO of Seva Bikas Bank.The Board of Directors...
Read MoreKathmandu. Nine commercial banks have come under the supervision department's action. In the third quarter of the current financial year, a total of 9 commercial banks have been penalized for working against the rules of the National Bank.Out of which...
Read MoreKathmandu. 21 commercial banks has earned a 48.70 billion 49 lakh rupees profit till the third quarter of the current financial year. The profit made by banks is 11.67 percent more than the same period last year. Banks earned a net profit of...
Read MoreKathmandu. Commercial banks have published the third quarter financial statements (unrefined) of the current financial year. Everest, NIC Asia, Standard Chartered and Nepal SBI Bank have said that even now only less than 1 percent of their total loans have problems with regular payment.
Read MoreKathmandu. Banks have allocated more than 7.5 billion for bonuses to employees. 21 commercial banks in operation have allocated 7 billion 57 crore 59 lakh 91 thousand rupees bonus for the employees. Banks have given bonuses ranging from 7 percent to 57 percent on employee...
Read MoreKathmandu. The corporate office of Nepal SBI Bank has been inaugurated. The bank has inaugurated the corporate office of the bank at Kamaladi. The office was jointly inaugurated by State Bank of India Chairman Dinesh Khara and Indian Ambassador to Nepal Navin Srivastava.
Read MoreKathmandu. Confederation of Banks and Financial Institutions (CBFIN) has been honored with Prabal Janaseva Shri Manpadavi. In appreciation of the policy suggestions put forward by CBIFIN, the role played and the contribution made for the economic upliftment of the entire nation and the improvement and...
Read MoreKathmandu. 71 hydropower companies are listed in Nepal Stock Exchange. Mountain Energy Nepal has the highest share price while Molung Hydropower Company has the lowest share price. The last trading price of this hydropower company on Thursday is Rs 155.10 per share.
Read MoreKathmandu. The meeting of Nepal Bankers Association, the umbrella organization of banks, has decided to reduce interest rates for the coming month of Baisakh. The meeting decided to reduce the interest rate by 1.01 percentage points. Now the deposit interest rate is going to drop...
Read MoreKathmandu. Out of the total 753 local levels, branches of commercial banks have been expanded in 752 levels till February 2079. By February 2078, 750 branches of commercial banks had been expanded at the local level. The number of banks and financial institutions licensed by...
Read MoreKathmandu. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, has said that interest rates are falling. The Governor's official said that since the Nepali economy indicators are gradually becoming positive, the interest rates of deposits and loans are decreasing.Governor Adhikari said...
Read MoreKathmandu. Standard Chartered Bank has asked for employees. The bank has requested employees for Associates Director, Directed Lending. The bank has requested employees for its various branch offices in Kathmandu valley. According to the company, interested and qualified persons can apply through the bank's email.
Read MoreKathmandu. It has been agreed that bank interest will be maintained at 9.9 percent from May. In a meeting held by Confederation of Banks and Financial Institutions Nepal (Civfin) with the Prime Minister, Minister of Finance and Governor, it was agreed to reduce the interest...
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