Kathmandu: The interest rate of share mortgage loans provided by banks and financial institutions has also started to decrease. Banks and financial institutions have been reducing interest rates on deposits due to excess liquidity for a long time.When the interest...
Read MoreKathmandu. There were 4 trading days in the stock market this week. In the 4 days of trading this week, the market rose on 4 days. The market closed at 2131.49 points this week, which closed at 2018.76 points in the previous week. Based on...
Read MoreKathmandu. The World Bank has increased India's GDP forecast for the financial year 2024 by 1.2 percent to 7.5 percent. The estimate has increased because the World Bank expects growth in the service and industrial sectors. While the gross domestic product estimate for fiscal year...
Read MoreKathmandu. The World Bank has requested staff for Nepal. The bank has issued a notification and has requested employees for the post of Senior Operations Officer for a tenure of two years.The employee working in this position will have to...
Read MoreKathmandu. Banks have increased their investment in margin nature i.e. share mortgage loans. Commercial banks have increased margin loans by 16.24 percent during one year. According to the data published by Nepal Rastra Bank, banks have invested 67.52 billion 49 lakh rupees till the end...
Read MoreKathmandu. Commercial banks have invested 67.5 billion rupees in share mortgage loans till the end of March. According to the data till the end of March, commercial banks have invested a total of 67 billion 524 million rupees in loans.According...
Read MoreKathmandu. Now banks and financial institutions will be allowed to sell shares up to 20 percent of the primary capital (core capital) after one financial year has passed. The National Bank has made this arrangement by publishing the third quarter review of monetary policy for...
Read MoreKathmandu. Currently, 61 trillion 75 billion deposits have been accumulated with banks and financial institutions. According to the latest report, 59 percent of the total deposits are kept in fixed deposits. In this way, it seems that around 36 trillion 25 billion is in fixed...
Read MoreKathmandu. Nepal Rastra Bank has published the third quarter review of monetary policy for the current financial year 2080/81. The National Bank has published the review on Friday.Similarly, the existing mandatory cash ratio and statutory liquidity ratio have been kept...
Read MoreKathmandu. Muktinath Development Bank Limited has collaborated with Kathmandu University for the research of green hydrogen fuel with the aim of supporting sustainable development. During an event, the bank has signed an agreement to financially support Green Hydrogen Lab under Kathmandu University for research.
Read MoreKathmandu. The broker commission applicable to equity shares in Nepal ranges from 0.40 to 0.27. This commission structure is contingent upon the trading amount. Specifically, as the trading amount increases, the corresponding broker commission decreases; conversely, a decrease in the trading amount results in a...
Read MoreKathmandu. Nepal Rastra Bank has introduced the concept of digital bank and digital currency. The National Bank aims to replace the traditional banking system with digital means with the aim of improving transparency and organizing the informal economy of Nepal.Rastra...
Read MoreKathmandu. Nepal Rastra Bank has sanctioned four commercial banks and two development banks. Rastra Bank has taken action against Prime Commercial Bank, Kumari Bank, Nepal Investment Mega Bank, Lakshmi Sunrise Bank, Lumbini Development Bank and Excel Development Bank.In the third quarter of the year 2080/81,...
Read MoreKathmandu: The base rate of all 20 commercial banks for the month of Baisakh has come to a single digit. Compared to March, the average base rate of commercial banks has decreased by 0.30 percentage points in May. The average base rate of commercial banks...
Read MoreKathmandu: According to the financial statements of the third quarter of the current financial year 2080-81, the average return on equity (ROE) of commercial banks is 10.96 percent. This is much less than the last years. Before the onset of Covid-19 and economic recession, the...
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