Kathmandu. Life Insurance Corporation Nepal (LIC) is going to issue 88.45 percent rightful shares. The meeting of the board of directors held on the 13th of the insurance company decided to issue rights shares.It is stated in the notice issued by the company...
Read MoreKathmandu. Nepal Rastra Bank has amended the guidelines (regarding dollar prepaid card) in the integrated circular 2078. The National Bank has mentioned in the notice issued on Tuesday that certain codes of merchant category will not work for A-year commercial banks and B-category development banks...
Read MoreKathmandu: A concessional loan agreement worth 100 million US dollars (about 13 billion rupees) was signed between the government of Nepal and the World Bank on Monday. According to the World Bank, the purpose of the proposed loan agreement is to help Nepal move towards...
Read MoreKathmandu. This year, new notes for Dashain can be exchanged only after the third week of August. According to Nepal Rastra Bank, the facility to exchange new notes this year is going to be arranged only after 21st of August. This year, since Dasain is...
Read MoreKATHMANDU: There has been a big correction in NEPSE on Sunday. The market has been gradually declining for the past few days. On this day, the NEPSE index decreased by 33.36 points and stuck at 1989.26 points. As the index slows down, the transaction amount...
Read MoreKathmandu. The friendly women's futsal tournament organized by VikasNews.com has been completed. On the occasion of Haritalika Teej, the great festival of women, the friendly match was held on Friday with grandeur. 14 women players from bankers group participated in the program while 13...
Read MoreKathmandu. People's Power Company has distributed the IPO sold through public issue on Sunday. Of the 16 lakh 31 thousand 38 applications for the primary share issue of People's Power Limited, 1 thousand 608 were canceled due to duplicate applications and 3 thousand 504 were...
Read MoreKathmandu. There are signs of an economic recession in Australia. The real estate business has decreased, while the loan to income ratio has increased by 187.2 percent, increasing the risk.For the first time since the economic recession of 1991, Australia...
Read MoreKathmandu. NMB Bank, Nepal's leading bank with a unique brand identity of sustainable and value-based banking, has entered into an agreement with British International Investment (BII) to bring in a periodical loan investment of 25 million US dollars.NMB Bank has become...
Read MoreFive cooperatives operating in Thamadau are going to merge with each other. A merger agreement was signed at an event held in Kathmandu on Saturday. A merger agreement has been signed between Idol Yamuna Multipurpose Cooperative, National Namobuddha Savings and Credit Cooperative, Citizen Welfare Multipurpose...
Read MoreKathmandu. The lack of liquidity that started at the end of the first month of the last financial year 2078/79 has not been resolved even by the end of the current financial year 2079/80. At present, the ability of commercial banks to give loans has decreased...
Read MoreKathmandu. Deposits of commercial banks have decreased by 1 trillion 15 billion rupees in about a month. According to the Nepal Bankers Association, the total deposits of commercial banks have decreased to 44 trillion 26 billion rupees as of the end of June last year.
Read MoreKathmandu. Banks and financial institutions, which have been suffering from lack of liquidity for a long time, are not able to invest. Among the 26 currently operating commercial banks, it is seen that Prabhu Bank has more investable capital.In the...
Read MoreKathmandu. You may have experienced dogs chasing your vehicle while riding a bike, scooter or car on the road or you may have seen other people's vehicles being chased by dogs. If a dog chases you while driving a car, the chances of getting hurt...
Read MoreNabil Bank has announced a term account scheme where you can receive up to ten times the amount of the deposit. Nabil Dhukka FD Account has been launched with an attractive interest rate. The bank has announced a plan where the amount deposited in the...
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