Kathmandu. Nepal Rastra Bank has arranged that no advance payment fee can be charged in case of early repayment of any loan up to 50 lakh rupees. Rastra Bank has decided not to charge an advance payment fee when repaying the loan before the due...
Read MoreKathmandu. With the implementation of the 'Guidelines for Approval of Foreign Studies 2079' brought by the Ministry of Education, Nepali students will no longer be able to apply for study visas abroad for diploma, advanced diploma, language and training. According to the new guidelines, now...
Read MoreKathmandu. Nepal Insurance Authority has issued the Small Insurance Directive, 2079. The Micro Insurance Directive, 2079 has been issued so that life insurance can be insured up to 50 lakhs and life insurance up to 5 lakhs.The Nepal Insurance Authority...
Read MoreKathmandu. Due to the recent economic crisis, check bounces have increased rapidly in Nepal. Which has also increased the number of people making complaints under banking offences.In 8 months of the current financial year 2079/80, checks worth 7 billion 42...
Read MoreKathmandu. Ganesh Prasad Awasthi of Nabil Bank has been promoted to the post of Deputy General Manager (DGM). According to the bank, Awasthi was appointed as DGM by the meeting of the bank's board of directors.Awasthi, who was previously the...
Read MoreKathmandu. The market has been gradually decreasing for about one and a half years. The market capitalization, which reached about 44 billion, has fallen to around 27 billion by Thursday. Meanwhile, when will the 20-month-long bearish trend end? Investors say that this is the question...
Read MoreKathmandu. Nepal Telecom SIM users will now be able to use Himalayan Bank's mobile banking app for free. In collaboration between Nepal Telecom and Himalayan Bank, Himalayan Bank customers can use the app of that bank for free, according to Telecom. Sangita Pahadi, Chief...
Read MoreKathmandu. IME General Insurance and Prudential Insurance merged to become the largest non-life insurance company. The merger of the two companies meant that IGI Prudential Insurance became the largest in terms of paid-up capital.After the merger, the paid-up capital of...
Read MoreKathmandu. Nepal Rastra Bank has issued 'Integrated Circular - 2079' regarding foreign exchange transactions. The National Bank has issued such a circular for 'A' class commercial banks, national level 'B' class development banks and other agencies licensed to conduct foreign exchange transactions.
Read MoreKathmandu. The Asian Development Bank (ADB) has released a forecast that Nepal's economic growth rate will decrease to 4.1 percent in 2023 and inflation will reach 7.4 percent. ADB has released this projection through the "Asian Development Outlook, April 2023" report.
Read MoreKathmandu. Nepal Rastra Bank has released a report analyzing risks related to cryptocurrency. The Foreign Exchange Management Department of the National Bank has released a risk analysis related to cryptocurrencies on Monday.According to the National Bank of India, since there...
Read MoreKathmandu. Financial Literacy Program in Seven Provinces by Himalayan Himalayan Bank Limited has successfully completed the Financial Literacy Program under Institutional Social Responsibility in all seven provinces of the country from 6th Chaitra 2079 to 12th Chaitra 2079.The financial literacy...
Read MoreKathmandu. Confederation of Nepal Industry (CNI) newly appointed Finance Minister Dr. Discussed with Prakash Sharan Mahat about improving the country's economy. The confederation has suggested 10 points to the finance minister that to improve the economy immediately.The confederation team led...
Read MoreKathmandu. Rastra Bank issued a circular to the Microfinance Financial Institutions of 'D' category on gave various instructions. Rastra Bank tightened the profit distribution from the microfinance business to the shareholders. So that the share price of most microfinance listed in NEPSE fell. 45 microfinance...
Read MoreKathmandu. The spokesperson of the Nepali Congress Dr. Prakasharan Mahat has become the finance minister. He took the oath of office and secrecy before President Ramchandra Paudel.Along with industrialists, bankers are also complaining that the economy of the country is...
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