Category/exclusive-news (Total Articles : 2499 )


Four Bankers arrested including the CEO of Kamana Sewa Bikas Bank on charges of  Rs 32 crore BANKING OFFENCES

Four Bankers arrested including the CEO of Kamana Sewa Bikas Bank on charges of Rs 32 crore BANKING OFFENCES

Kathmandu. Four persons, including the CEO of Kamana Seva Bikas Bank, Praveen Wasnet, have been arrested on the charge of disbursing more loans with less collateral. The police arrested CEO Basnet along with employees, valuers and borrowers on the charge of disbursing more loans with...

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Ganesh Raj Pokharel CEO of Citizens Bank Limited

Ganesh Raj Pokharel CEO of Citizens Bank Limited

Kathmandu. Ganesh Raj Pokharel has continued as the Chief Executive Officer (CEO) of Citizens Bank International. The meeting of the board of directors of the bank held on Wednesday, January 18, appointed Pokharel as the CEO for the next 4 years.

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'NIC Asia Merchant Meet 2023' concluded

'NIC Asia Merchant Meet 2023' concluded

Kathmandu. NIC Asia Bank has completed the 'NIC Asia Merchant Meet 2023' program. NIC Asia Bank Limited, which is promoting digital banking with the long-term goal of becoming the 'Digital First Bank', has concluded the 'NIC Asia Merchant Meet 2023' on 13th January with the...

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Internet banking with ATM, wallet charges reduced  : Now mobile banking through up to 3 lakh transactions per day

Internet banking with ATM, wallet charges reduced : Now mobile banking through up to 3 lakh transactions per day

Kathmandu. Nepal Rastra Bank has reduced ATM fees. The bank has reduced the inter-bank ATM, wallet and internet banking fees by issuing the integrated directive on payment system, 2079. The National Bank has reduced the fees charged for withdrawing money using wallet, internet and card...

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Himalayan Bank got final approval to acquire Civil Bank and the  integrated business starts form Falgun 2079

Himalayan Bank got final approval to acquire Civil Bank and the integrated business starts form Falgun 2079

Kathmandu. Nepal Rastra Bank has given final approval to the merger of Himalayan and Civil Bank. Himalayan has received final approval from Rashtra Bank to acquire Civil Bank.  The meeting of the Rastra Bank Board of Directors decided to give...

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Businessmen streets strike against the bank interest rates

Businessmen streets strike against the bank interest rates

Kathmandu. Businessmen of Kathmandu Valley came to Narajulus in Maitighar Mandala with this placard saying 'Banks are always in profit, industrialists are in loss'. Their demands ranged from addressing the demands of Prem Prasad Acharya, who committed self-immolation last week, to reducing interest rates.

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Himalayan and civil bank merger still delayed : Integrated business preparations form Falgun 2079

Himalayan and civil bank merger still delayed : Integrated business preparations form Falgun 2079

Kathmandu. Although it is insisted that the integrated business will be started within the month of January, it will take more time to merge Civil Bank into Himalayan Bank. Since the acquisition process could not be completed by the end of January, it was said...

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Banks' 'net fee income' is 13 trillion :Increased by 72 percent in three months

Banks' 'net fee income' is 13 trillion :Increased by 72 percent in three months

Kathmandu. In 6 months, the service fee income (net fee income) of commercial banks has reached about 13 billion rupees. This is shown in the second quarter financial report of the current financial year 2079/80 published by 22 banks that are currently operating.

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Commercial banks of Nepal earned profits more than 30 billion : Nabil and NIC Asia bank on top position

Commercial banks of Nepal earned profits more than 30 billion : Nabil and NIC Asia bank on top position

Kathmandu. Commercial banks have earned more than 30 billion profit. This is shown in the second quarter financial report of the current financial year 2079/80 published by the banks.By the end of January of the current year, commercial banks have...

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Trade loss exceeded 7 billion: Imports decreased by 20 percent and exports decreased by 32 percent

Trade loss exceeded 7 billion: Imports decreased by 20 percent and exports decreased by 32 percent

Kathmandu. In the 6 months of the current fiscal year 2079/80, the trade deficit is more than 7 billion. This is shown by the statistics published by the Customs Department up to the end of January of the current year.During...

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The profit of development banks declined by 20.91 percent: first ranked in Muktinath Bikas Bank

The profit of development banks declined by 20.91 percent: first ranked in Muktinath Bikas Bank

Kathmandu. Bikas Bank's profit has decreased after the release of the financial statements for the second quarter of the current financial year. In the financial statements of the 8 development banks of the national level for the second quarter of the current financial year, the...

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2 trillion in reserve fund of commercial banks in Nepal and 10 billion more reserve fund in 6 banks

2 trillion in reserve fund of commercial banks in Nepal and 10 billion more reserve fund in 6 banks

Kathmandu. Commercial banks have published their financial statements for the second quarter of the current financial year 2079/80.According to the details, during that period, the net profit of banks increased by 11.75 percent and reached 30 billion 26 billion 38...

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What is the financial progress of Prabhu Bank ?

What is the financial progress of Prabhu Bank ?

Kathmandu. Prabhu Bank, which recently acquired Century Commercial Bank, has earned a profit of Rs. The second quarter financial statement of the current financial year 2079-80 published by the bank on Saturday showed this.The bank has made a profit of...

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Sanima Bank's profit and earnings per share increased, other indicators also positive

Sanima Bank's profit and earnings per share increased, other indicators also positive

Kathmandu. Sanima Bank has published the second quarter financial statement of the current financial year 2079/80. According to the details, the bank has earned a profit of Rs. This profit of the bank is 19.34 percent higher than the same period last year. In the...

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Nabil Bank earned 3.41 billion profit: Net interest income and operating profit also increased.

Nabil Bank earned 3.41 billion profit: Net interest income and operating profit also increased.

Kathmandu. Nabil Bank has earned a profit of nearly 3.5 billion rupees. This was shown in the second quarter financial statement of the current financial year 2079/80 published by the bank on Saturday.By the end of January of the current...

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