Kathmandu. Prabhu Bank has promoted 1000 employees. 1000 employees including Dinesh Thakali and Renuprasad Pandey have been promoted to higher management i.e. executive level. Thakali, who was previously Assistant General Manager, has been promoted one level and made Deputy General Manager. Similarly, Renu Pandey, who...
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Kathmandu. The annual general meeting of Himalayan Bank decided not to go for the merger and the merger process was delayed. After the merger, both banks are looking for new partners. Nepal Investment Bank is in the process of merger with Mega Bank, while Himalayan...
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Kathmandu. NIC Asia Bank has maintained its ability to provide high returns as in the previous year. Among the commercial banks, NIC has been able to give the highest return of 21.94 percent. This is seen in the data provided by the Nepal Bankers Association...
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Kathmandu. Prime Commercial has come forward in the commercial bank which distributed the most bonus from the profit of the last financial year 2078/79. This bank, which gives an average salary to its employees, has been seen as a bank that gives high bonuses for...
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Kathmandu. As the spread of Corona virus increases, the number of deaths has also started to increase. In the last 24 hours, 5 people have died due to corona infection. Similarly, corona infection has been confirmed in another 815 people. According to the Ministry of...
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Kathmandu. Seven hydropower companies have released their annual financial statements for the financial year 2078/79. Sanima My Hydropower, Mountain Energy Nepal, National Hydropower, Panchthar Power, Ankhukhola Hydropower Project, Himal Dolakha Hydropower and Divyaswari Hydropower are among those who have published the details.
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Kathmandu. Seven hydropower companies have released their annual financial statements for the financial year 2078/79. According to the provision that listed companies must publish their details within one month of the end of the financial year, out of 32 companies, that number of companies have...
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Kathmandu. Himalayan Bank and American Express have launched two new cards for their local customers in Nepal namely Himalayan Bank American Express Credit Card and Himalayan Bank American Express Prepaid Card. The Himalayan Bank American Express Credit Card will be issued especially to the buyers...
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Kathmandu. Bonus shares of Himalayan Bank have been listed in Nepal Stock Exchange (NEPSE). On Wednesday, 2 crore 28 lakh 43 thousand 248.97 bonus shares of the bank were listed.The bank had distributed 21.38 percent bonus shares to the shareholders...
Read MoreIt is possible to create a new Nepal by Nepal's software technologyKathmandu. There are many debates and discussions about how to build the country. In public forums, the topic of domestic production is raised vigorously. We have become weak in...
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Kathmandu. It is seen that the commercial banks will give an average of 25.7 percent bonus to the employees from the profit of the last financial year. According to the financial statement of the fourth quarter of the last financial year published by the banks,...
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Kathmandu. The non-performing loans of 13 commercial banks have increased up to the fourth quarter of the last financial year compared to the same period of the previous year. Last year, non-performing loans of Kumari Bank remained at 0.96 percent, while non-performing loans of 12...
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Kathmandu. Deposits in commercial banks continue to decline. Contrary to the general expectation that deposits will increase in the new financial year, the trend of decline has continued for three weeks. According to the data released by the Nepal Bankers Association, deposits decreased by 28...
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Kathmandu. Until the fourth quarter of the last financial year, Unilever Nepal Limited has Rs. It has made a net profit of more than 1.49 billion. The company which made a net profit of more than 86 crores last year has made 74.17 percent more...
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Kathmandu. The Supreme Court has reversed its own decision and decided that check bounce will be a governmental issue. A full bench of Supreme Court comprising Justices Anand Mohan Bhattarai, Anil Kumar Sinha and Sushmalta Mathema reversed the old verdict. Judges Dumbar Bahadur Shahi and...
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