Five 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...
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Kathmandu. 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...
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Kathmandu. 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.
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Kathmandu. 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...
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Kathmandu. 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...
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Nabil 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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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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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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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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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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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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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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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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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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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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