Category/exclusive-news (Total Articles : 2592 )
Commercial banks Deposits close to 55 billion and CD ratio is 84.82 percent
Kathmandu. Recently, as the economy has become easier, the deposit collection of banks and financial institutions has also increased. According to the latest statistics of the National Bank, the deposits of banks and financial institutions have reached almost 55 billion rupees.
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19 Banks reduced share loans but Agriculture Bank ( ADBL) has increased
Kathmandu. In the 8 months of the current financial year, the share mortgage loans of commercial banks have been reduced. According to the statistics of Nepal Rastra Bank, the share mortgage loans of commercial banks decreased by 26.76 percent till February. In February of last...
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Non Life Insurance Company's business exceeds 30 billion: Shikhar is the first, followed by Sagarmatha Lumbini and Siddharth Premier
Kathmandu. Non-life insurance companies have earned more than 30 billion insurance fees in the ninth month. The operating non-life insurance companies have collected insurance fees of 30 billion 1 crore 48 lakh rupees till the end of March of the current financial year 2079/80.
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The interest rate has decreased and the economic activity is progressing positively : Mahaprasad Adhikari, Governor
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...
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Top 3 largest commercial banks of Nepal : Global IME, Nabil and NIMB are benchmarked in key indicators
Kathmandu. 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...
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Dinesh Thakali became the CEO of Kamna Sewa Bikas Bank
Kathmandu. 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...
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9 Commercial banks of Nepal under Action of Nepal Rastra Bank
Kathmandu. 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...
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Commercial banks of Nepal profits is 49 billion, Nabil Bank is first ranked and Everest Bank's growth rate highly increased
Kathmandu. 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...
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Four Commercial Banks Non-performing loans less than 1 percent but Himalayan Bank has highest 4.56
Kathmandu. 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.
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Bank employees received bonus from 7 to 57 percent
Kathmandu. 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...
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Nepal SBI Bank Corporate office at Kamaladi with grand ceremony
Kathmandu. 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.
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CBFIN Awarded by Prabal Janasevashree Medal
Kathmandu. 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...
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10 Hydro Power Company Shares can get Cheap Price
Kathmandu. 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.
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Commercial banks interest rate decreased to 9.99 percent on personal and 7.99 percent on institutional deposits
Kathmandu. 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...
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Commercial banks Branches reached 752 local level
Kathmandu. 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...
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