Category/exclusive-news (Total Articles : 2499 )
Monterey Policy 2079/80: Bonds can be counted as deposits for one year
Kathmandu. Banks and financial institutions will be allowed to count bonds as deposits. Nepal Rastra Bank announced the monetary policy for the next fiscal year 2079/80 and has made provision that the bonds can be counted as deposits till the end of June 2080.
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Exemptions and facilities for merging banks and financial institutions
Kathmandu. Nepal Rastra Bank is going to provide concessions and facilities given earlier to commercial banks and small finance financial institutions that are conducting integrated transactions by the end of December 2022.Nepal Rastra Bank announced this through monetary policy 2079/80....
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5 billion Profit of Global IME Bank and per share earning also increased
Kathmandu. In the last fiscal year 2078/079, Global IME Bank has earned more than five billion profit. According to the unrefined financial statement published by the bank last financial year, the bank earned a profit of five billion 206 million rupees. Which is 25 percent...
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Merger of banks and financial institutions Share trading should not be suspended
Kathmandu. Share transactions of banks and financial institutions that are going to merge will not be stopped. Announcing the monetary policy for the upcoming fiscal year 2079/80, the Governor of Nepal Rastra Bank Mahaprasad Adhikari said that the suspension of share transactions of the institutions...
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Nepal Infrastructure Bank (NIFRA) earned 1 billion profit
Kathmandu. In the last fiscal year 2078/079, Nepal Infrastructure Bank (NIFRA) has earned more than one billion profit. According to the unrevised financial statement of the last financial year published by the bank, the bank has earned a profit of 1 billion 26 million rupees.
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Fourth quarter (Q4 ) financial statement of NIC Asia Bank : Net profit has increased by 38.86 percent
Kathmandu. NIC Asia Bank has entered its 25th year from today. In a period of 25 years, this bank has expanded banking services through 359 branch offices, 473 ATMs, 102 extended counters and 81 branchless banking across the country. NIC Asia...
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Civil Bank's has brought 'Double Plus and Triple Plus' Fixed Deposit Scheme
Kathmandu. Civil Bank has released two new attractive term plans. This bank, which is moving forward with the slogan of Civil Bank for Prosperity, has introduced Double Plus and Triple Plus Term Plans.Under these term plans, customers can get a...
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Only Rs 15 All-day talk time and unlimited data offer of NTC service
Kathmandu. Nepal Telecom has also provided some new and attractive offers under the summer offer implemented from last July 1. The company is already providing various attractive voice offers and has recently added some new offers. As a new offer, All Net 20 minutes voice...
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Monetary policy Flash on Friday by Nepal Rastra Bank
Kathmandu. Nepal Rastra Bank has prepared to bring monetary policy for the financial year 2079/80 on Friday. As the draft monetary policy for the current financial year has been prepared, the Nepal Rastra Bank has prepared to make it public on Friday.
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Why Nepalese Banks not using Nepali Banking software ?
Kathmandu. Most of 26 commercial banks of nepal using foreign banking software. Nepali software is not of poor quality, but banks are not interested in Nepali products. It has been more than 20 years since the launch of banking software in Nepal. That software can...
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90 percent CD ratio of All commercial banks of Nepal
Kathmandu. In June 2022, Nepal Rastra Bank instructed the banks to bring the credit to deposit ratio (CD ratio) of the banks to 90 percent. At the end of June 2079, the CD ratio of all 26 commercial banks is less than 90 percent. In...
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Credit flows 12 percent of commercial banks of Nepal
Kathmandu. Due to the lack of investable resources (liquidity), it has been found that the business growth of banks and financial institutions in the financial year 2078/079 is not satisfactory. Bank officials say that deposits in banks have not increased due to large amount of...
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Bank deposits increased by 47 billion, CD ratio to 86 percent
Kathmandu. There has been an increase in deposits and credit investments in banks and financial institutions. Compared to last week, bank deposits have increased by 47 billion rupees this week, while loans have increased by 1 billion rupees. During this period, the CD ratio of...
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NCC and Nepal Bank competing with Nabil and Global Bank for Business Growth
Kathmandu. In the period of one year, Nabil Bank has shown the lead in business growth. Nabil Bank is ahead compared to other commercial banks in deposit collection and loan investment. Nabil Bank has increased deposit collection by 101 billion in one year. Nabil collected...
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Banks provision is not increased by good Recovery position and profit has Increased
Kathmandu. In the middle of June, the 'loan recovery' (debt recovery) of the banks has been satisfactory. Earlier, it was said that the mortgage could not be sold and interest could not be recovered, but in the end of June, the recovery of the banks...
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