Kathmandu. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, has said that now the interest rates of banks will decrease. Speaking at a discussion program on the current economic situation of the country organized by the Parliamentary Studies and Development Institute on Tuesday, he expressed the...
Read MoreKathmandu. The banking crisis in the US and Europe has raised fears of a global recession. Now the World Bank has given such a warning in one of its reports.The World Bank has said that by 2030, the pace of...
Read MoreKathmandu. Another major bank in Europe is on the brink of collapse. Despite many efforts, the financial health of that bank has not improved. The impact of the banking crisis in America and Europe has also been seen in many other countries.
Read MoreKathmandu. Mahaprasad Adhikari, the Governor of Nepal Rastra Bank, has claimed that Nepal's banks have been saved from sinking because he made the right decision at the right time. He made this claim while speaking at an event held in Kathmandu.
Read MoreKathmandu. An insurance plan that provides compensation in case of injury or death of an insured in an accident is "Personal Accident Bima Yojana".In addition to the industries and businesses employing many employees, any organizations can get collective accident insurance...
Read MoreKathmandu. Sunrise Bank has organized a financial literacy program in all seven provinces. According to the bank, the Global Money Week was celebrated by conducting financial literacy programs in 100 locations from Tehrathum in the east to Darchula in the west. According to the bank,...
Read MoreKathmandu. The International Monetary Fund (IMF) has set a condition with the Nepal Rastra Bank and the government to conduct the audit of the large commercial banks of Nepal by a foreign firm. For a long time, the IMF has been accusing Nepal's banks and...
Read MoreKathmandu. Prime Minister Pushpa Kammal Dahal Prachanda is giving completeness to the government by including 8 parties including Nepali Congress. However, the leaders of the ruling coalition say that there may be further delay in the expansion of the cabinet as there is one more...
Read MoreKathmandu. Now you can put the 'idea' in us as a mortgage. If you have a new idea, you can take a loan of up to 25 lakh rupees from the bank by putting that idea as collateral in the bank. The government had...
Read MoreKathmandu. The head of the International Monetary Fund (IMF), Kristalina Georgieva, has emphasized the need for vigilance after the latest upheaval in the banking sector, saying that risks to financial stability have increased.Speaking at a forum held in Beijing, the...
Read MoreKathmandu. Now insurance companies will be allowed to open branches abroad. This provision has been made in the Insurance Branch Office Directory, 2079 issued by the Nepal Insurance Authority.According to that provision, insurers can now open branches, contact or representative...
Read MoreKathmandu. In the year 2080, bank employees will get 35 days leave. As per Nepal Rashtra Bank published the list of bank holidays for the year 2080 from April to March, they will get 35 days.Banks and financial institutions will...
Read MoreKathmandu. Umesh Lal Shrestha, the candidate for the senior vice president of the Federation of Nepal Chamber of Commerce and Industry, has said that the problem has arisen now because the Nepal Rastra Bank is unable to regulate banks and financial institutions effectively.
Read MoreKathmandu. As the bad loans of banks and financial institutions have increased, the amount of provision made for them has also increased. By the end of poush 2079/80, commercial banks, development banks, finance companies and microfinance institutions Institutions have managed a total of 45 billion...
Read MoreKathmandu. Nepal Insurance Authority has started to manage one insurer and one insurance agent through online system. The authority has started the management of agents through this system since 5th of March.The authority has started the work to implement the...
Read More