Category/exclusive-news (Total Articles : 2499 )
Bank of Kathmandu and Himalayan Bank got Melamchi counter guarantee Rs 1.5 billion Amount from China Construction Bank
Kathmandu. Bank of Kathmandu (BOK) and Himalayan Bank have received back the amount provided in connection with the start of Melamchi drinking water project due to counter guarantee. BOK and Himalayan Bank have received Rs 900 crore and Rs 660 crore as counter guarantee today.
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Melamchi water supply project guarantee amount deposit to Bank of Kathmandu Account
Kathmandu. In order to start the work of Melamchi water supply project, an advance payment guarantee was issued against the counter guarantee of China Construction Bank as the beneficiary of the Melamchi water supply project for the sponsorship of China Railway-15 Group to provide the...
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Himalayan Bank cash collection counter at Kanti Hospital
Kathmandu. Himalayan Bank has launched a cash collection counter at Kanti Children's Hospital in Maharajganj. The bank and the hospital have entered into an agreement to operate a cash collection counter for a ceremony.On behalf of the bank, the general...
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Sunrise Bank will provide loan without collateral, 7 lakhs loan with educational certificate
Kathmandu. An agreement has been reached between Sunrise Bank and Deposit and Credit Protection Fund. In an event held at the office of Deposit and Credit Protection Fund in Kathmandu, an agreement was signed between the two institutions to protect the credit of the microfinance...
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Women Branch Head in 7 branches of NMB bank's
Kathmandu. Seven more branches of NMB Bank will be headed by women. On Monday, the bank organized a program and informed that women's branches will be promoted in seven branches of six provinces.According to the bank, Shobhita Pant will be...
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Prensa Regmi has been appointed as the brand ambassador of Nabil Zain Alfa
Kathmandu. Nabil Bank has appointed social worker Prensa Regmi as the brand ambassador of Nabil Zain Alpha. Nabil Zen Alpha is Nepal's first digital app-based product targeted at children and parents below 18 years of age.Parents can create, set and...
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Home Ministry of Nepal instruction to take action who fight against microfinance
Kathmandu. The Ministry of Home Affairs has issued instructions to create a struggle committee against microfinance registered and operated in accordance with the prevailing laws and to punish those who are agitating. The Ministry has ordered the police headquarters to take necessary action saying that...
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Do not to do business in Cryptocurrency, if do you Action will be taken by Nepal Rastra Bank Circular
Kathmandu. Nepal Rastra Bank has requested not to deal with cryptocurrency. Releasing a notice on Monday, the National Bank has requested not to deal with cryptocurrency and bitcoin. Nepal Rastra Bank has warned the businessmen of virtual currency, cryptocurrency, network marketing and hyper fund to...
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NRB New Instructions to Banks and Financial Institutions on Foreign Exchange: Easier inflow of foreign loans and remittances
Kathmandu. Nepal Rastra Bank has issued various additional instructions for the implementation of the monetary policy for the current financial year. Rastra Bank has amended the Integrated Circular 2078 while implementing the monetary policy 2079/80. Rastra Bank issued a unified directive for banks and financial...
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Banks brought cheap loans offer : The latest interest rate of commercial banks of Nepal
Kathmandu. The main source of income for banks and financial institutions is to collect deposits at low interest rates and provide loans at high interest rates and earn profit from the interest amount in between. According to the instructions of the National Bank, the difference...
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Foreign exchange reserves improvement with Import of 10 items was banned
Kathmandu. With the ban on luxury goods, foreign exchange reserves have improved. . According to the report of the financial year 2078/79, the level of foreign reserves increased in the month of June. According to the report of the National Bank of India, foreign exchange...
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NRB pressure to go for merger or acquisition of three commercial banks of Nepal
Kathmandu. Nepal Rastra Bank has given a 'dateline' till the end of December to three commercial banks which have weak financial ground and have not been able to achieve stability. On 26 July, the National Bank had called the owners and managers of some other...
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How Much interest rates declined in commercial banks of Nepal ?
Kathmandu. Nepal Bankers Association (NBA), the umbrella organization of chief executive officers of commercial banks, has decided to reduce the interest rate of institutional depositors. The union meeting held on Monday decided to reduce the interest rate of institutional depositors.Anil...
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Narayani Development Bank issuing 100 percent right shares
Kathmandu. Narayani Development Bank Limited has started the process of issuing 100% equity shares. The company has completed the process of appointing a sales manager for the issuance of 100 percent equity shares. On Monday, the contract for the appointment of sales manager was signed...
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10 Reinsurance broker companies got licenses from Insurance Committee
Kathmandu. The insurance committee has distributed licenses to 10 reinsurance broker companies. More than a dozen companies had applied to the committee demanding the license of reinsurance brokers. Rajuraman Paudel, executive director of the insurance committee, said that the committee has given licenses to 10...
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