Category/exclusive-news (Total Articles : 2469 )
Bankers Demand Check bounce should not be classified as a banking offence
Kathmandu. Financial institutions have demanded that check bounce cases should not be classified as banking offences. The Nepal Bankers' Association and the Nepal Development Bankers' Association have demanded to amend the existing system where the mistake of cutting a check (check bounce) is considered a...
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Still tight stance of monetary policy : The limit of 12 crores fixed on share mortgage loan was not removed
Kathmandu. Nepal Rastra Bank has released the annual review of monetary policy for the current financial year 2079/80. In monetary policy, most of the policies have been kept unchanged. Rastra Bank has also maintained the limit of 120 million in share mortgage loans.
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Monetary policy review: Rastra Bank has address the expectations of the private sector ?
Kathmandu. The day after the National Bank amended the law by including some loose provisions, it again published a monetary policy review with a tight trend. Although the semi-annual monetary policy of the current financial year has given some relief to the small and medium...
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Nepal Rastra Bank (NRB) has reduced the 'Overnight' liquidity facility
Kathmandu. Nepal Rastra Bank has reduced the 'overnight' liquidity facility. It is mentioned in the half-yearly review of the monetary policy of the current financial year that the overnight liquidity facility, which was previously provided by the banks at an interest rate of 8 percent,...
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Commercial banks bad loans has Increased
Kathmandu. It has been seen that there has been a huge increase in the bad loans of the commercial banks that have gone through the merger. This was seen in the unrefined financial statements of the second quarter of the current financial year released by...
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255 banks and financial institutions merged
Kathmandu. So far, 255 banks and financial institutions have merged. This is after the merger process brought by Nepal Rastra Bank. In the data of the current economic and financial situation of the country published by the National Bank on Thursday, it is mentioned that,...
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97 billion 10 million in surplus but Current account deficit of more than 29 billion
Kathmandu. As of the end of January of the current financial year, the balance sheet is in surplus by Rs. 97 billion and 10 million. This is seen in the current economic and financial situation of the country published by Nepal Rastra Bank.
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Slightly improvement in NEPSE : Investors are still in a 'wait and see' state, what will happen next?
Kathmandu: The NEPSE index increased by a few points on Sunday. On this day, the index increased by 1.54 points to 2096.08 points. There is a positive circuit in one company when there is a share turnover of 1 billion 93 crores. Overall, the stock...
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Nepal Life Insurance profit increased by 237 percent
Kathmandu. Nepal Life has made significant progress in the second quarter of the current year. According to the unrefined financial statement for the second quarter of the current financial year released by the company on Sunday, there has been a jump of 237.29 percent in...
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CD ratio of Commercial Banks has Declined, Now BFIs CD ratio is 86.54 Percent
Kathmandu. According to the latest data of Nepal Rastra Bank, now the investment-deposit ratio (CD ratio) of banks and financial institutions of Nepal is 86.54. This simultaneously indicates some positive and slightly unusual scenario in the banking sector of Nepal.It...
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Nepal's first governor Himalaya Shamsher Jabara passed away and Nepal Rastra Bank Express heartfelt condolences
Kathmandu. Himalaya Shamsher Jabara, the first governor of Nepal Rastra Bank has passed away. Thapa died at the age of 95 while being treated at Narvik Hospital in Thapathali, Kathmandu.He was appointed as the first governor of Nepal on 14th...
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The preparation of the new budget has started- the capacity and needs of the government will be taken : Bishnu Poudel (finance minister)
Kathmandu. Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said that while bringing the budget for the next financial year and spending the budget for the remaining period of the current year, the government will proceed by looking at the capacity and needs...
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Ashok Sherchan appointed as CEO of Prabhu Bank
Kathmandu. Ashok Sherchan has been reappointed as the CEO of Prabhu Bank, which recently merged with Century Bank. Sherchan, who previously worked as CEO for 2 terms (8 years) in Sahi Bank, has been appointed.Sherchan, who has been the CEO...
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"Government banks can also be mergers are possible if necessary": CEO Kiran Kumar Shrestha
Kathmandu. The government-owned National Commercial Bank has entered its 58th year. The bank has been providing banking services by addressing the financial needs of the country. The bank has played a significant role in making the government policies and programs successful by providing loans to...
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Nepal Insurance Authority take action against 10 insurance companies
Kathmandu. Nepal Insurance Authority has taken action against 10 insurance companies for not providing details on time. According to the authority, it has been warned for the first time for not providing quarterly details in accordance with the guidelines related to prevention of financial investment...
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