Kathmandu. Banking history of Nepal is long. During this period, the number of banks and financial institutions has reached 271. Before the 2040s, banking practices in Nepal were minimal. However, after the government adopted the policy of financial liberalization in the 2040s, the private sector...
Read MoreKathmandu. The government has decided to issue new broker licenses by increasing the paid-up capital. The Council of Ministers meeting has opened the way to issue licenses to new brokers by amending the Securities Brokers, Securities Dealers and Market Makers Regulations 2064.
Read MoreKathmandu. A businessman in New Road committed suicide after the bank pressured him to pay interest continuously. Sudarshan Ghimire, who was doing business at New Road Ranjana Mall, died because he could not pay the bank loan and his goods got stuck at the northern...
Read MoreKathmandu. Three regulations related to the securities market have been passed at once. The meeting of the Council of Ministers on August 20th passed the Securities Market Operation Regulations, 2074, Securities Traders (Securities Brokers and Securities Traders), Regulations 2064 Fourth and Securities Registration and Issuance...
Read MoreKathmandu. Investors make huge profits from the stock market. Investors in the stock market can earn crores of rupees not in a year but also in a month and in a day. Along with Nepal and India, investors are becoming millionaires...
Read MoreKathmandu. Nepal Rastra Bank has sent 20 billion rupees to the banking system at a time when there is a lack of liquidity in the banking system. Nepal Rastra Bank is going to send liquidity to the market through repo after the Rastra Bank's liquidity...
Read MoreKathmandu. Even after one and a half months of the current financial year, the commercial banks are delaying the approval of the balance sheet due to the understanding that the National Bank will not agree to the balance sheet submitted by them.
Read MoreKathmandu. Actor Pal Shah has been sentenced to two and a half years in prison by the district court in Nawalparasi. Naik Paul Shah, who was accused of raping a girl, was sentenced to 2 years and 6 months in prison by the court.
Read MoreKathmandu. Most of the life insurance policyholders are attracted to term life insurance. According to the Insurance Committee, out of the 9 insurance products brought by the companies, it has been found that term life insurance is more attractive to them.
Read MoreKathmandu. Bank of Kathmandu has introduced a cashback plan for all online transactions through the bank's debit and credit cards targeting festivals. If the bank's cardholders purchase goods and services from various online platforms and pay using the bank's card, the customers will get...
Read MoreKathmandu. Himalayan Bank, the only bank that accepts the world famous brand American Express, JCB, Mastercard and Visa, has received the Excellence in POS Acquiring Business 2022 Award.Among the chief guests of a ceremony organized by Visa, Deputy Governor Dr....
Read MoreKathmandu. Rastra Bank has approved the merger of Prabhu Bank and Century Commercial Bank. Spokesperson Gunakar Bhatt informed that the meeting of the Board of Directors of Rashtra Bank held last week has given theoretical approval to the two banks for the merger.
Read MoreKathmandu. A woman got trapped in the bathroom of her house. She was locked in the bathroom for three days. She had lost hope of living. The woman also wrote her will on the wall with lipstick so that the family members could share the...
Read MoreKathmandu Metropolitan City on July 1 to remove illegal structures in the city, the dozers started operating on the 36th day. The Metropolitan Corporation has now started removing digital and hoarding boards that are against the standards. The campaign started by Mayor Balendra Shah (Balen)...
Read MoreKathmandu. Machhapuchhre Bank has launched M Smart Savings Account based on the latest technology. The bank has introduced such an account keeping in mind the service facilities of the customers by setting various trends with new smart features in the banking sector.
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