Kathamndu. Five cooperatives operating at different locations in Kathmandu are going to merge with each other. A program was organized in Kathmandu on Saturday and an agreement was reached between the five cooperatives.Idol Yamuna Multipurpose Cooperative Society, National Namovudh Savings...
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Kathmandu. 9 mutual fund schemes have announced dividends to be distributed from the profits of the financial year 78/79. So far mutual funds managed by Lakshmi Capital, NMB Capital, Siddharth Capital, NIBL S Capital and Sunrise Capital have declared dividends.
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Kathmandu. The iPhone One has been auctioned in America. An unopened, unused iPhone One was auctioned for 35,414 US dollars, which is about 45 lakh rupees. Similarly, the first iPod, which was launched in 2001, has been sold for 25,000 dollars, i.e. about 32 lakhs....
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Kathmandu. Nepal Rastra Bank has instructed NCC and Kumari Bank to go for merger. In separate discussions with the presidents of both the banks, the high officials of the Rastra Bank instructed to find a partner and go for the merger by December 2022.
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Kathmandu. Global IME Bank has launched the service of issuing letters of credit (LC) and bank guarantee through online. In order to make the business operation system more customer friendly, the bank has started the service of issuing letter of credit (LC) and bank guarantee...
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Kathmandu. Nepal Rastra Bank has tightened the payment through dollar card. Rashtra Bank has made it strict that non-necessary goods and services can be purchased from the dollar card. The National Bank has amended the Integrated Circular 2078 and has provided that dollar card cannot...
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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...
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Kathmandu. 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...
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Kathmandu: 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...
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Kathmandu. 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...
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KATHMANDU: 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...
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Kathmandu. 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...
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Kathmandu. 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...
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Kathmandu. 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...
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Kathmandu. 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...
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