Category/exclusive-news (Total Articles : 2595 )
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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1.41 trillion deposits added in commercial banks
Kathmandu. In the last month of financial year 2078/079 banks deposits increased in commercial banks. One trillion 41 billion rupees of deposits have been added in banks this month. According to the data of Nepal Bankers Association, on the last day of the month of...
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Ghorahi Cement IPO Premium Price is Rs 435 per share
Kathmandu. The initial public offering (IPO) of Ghorahi Cement will open at Rs 435 per share. Cement, which has started the IPO process at a premium price, has appointed Himalayan Capital and Navil Investment Banking as sales managers. Also, an agreement has been reached between...
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Kantipur Television issuing IPO at premium price
Kathmandu. Kantipur Television Network is going to issue an IPO at a premium price. The company is going to issue a total of 750,000 shares by adding a premium price at the rate of 100. Kantipur Television started broadcasting on 29 June 2060. Lately, television...
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Governor Mahaprasad Adhikari resigns after monetary policy announcement
Kathmandu. Now Nepal Rastra Bank Governor Mahaprasad Adhikari is in controversy. M. Adhikari in the Planning and Planning Committee of CPN-UML is being called as Governor Mahaprasad Adhikari, and now his resignation is being demanded from the streets to the House. The matter of Prime...
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Merger agreement between Prabhu and Mahalaxmi Life Insurance, Swap ratio 1:1
Kathmandu. Prabhu Life and Mahalakshmi Life Insurance are also going to merge. In this regard, both companies have signed an initial memorandum of understanding during an event at Hotel Loft on June 30. According to the agreement, the name of the company formed after the...
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Merger agreement between Everest and Lumbini General Insurance, swap ratio 100:80
Kathmandu. Sagarmatha Insurance and Lumbini General Insurance have signed a Memorandum of Understanding (MoU) to merge. The two insurers have agreed to receive and pay in the ratio of 100:80. "The agreement is in the ratio of 100:80," said Lumbini General Insurance.
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Upper Tamakoshi Hydropower to issue 1:1 Right shares
Kathmandu. Upper Tamakoshi Hydropower is going to issue right shares. The 257th meeting of the Board of Directors has passed the proposal of rightful eviction in the ratio of one to one of the paid up capital.According to Vigyan Prasad...
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Governor Maha prasad Adhikari is not a member of the CPN UML party
Kathmandu. Nepal Rastra Bank Governor Maha Prasad Adhikari has clarified that he is not a member of the CPN-UML. For the past few days, Governor of Nepal Rastra Bank Maha Prasad Adhikari has been criticized for being a member of the CPN-UML.
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Global IME Bank Awarded by Euromoney Excellence Award 2022
Kathmandu. Global IME Bank Limited has been honored with "Euromoney Award for Excellence - Best Bank Nepal 2022". Global IME Bank Chairman Chandra Prasad Dhakal and Chief Executive Officer Ratnaraj Bajracharya accepted the award during an event held in London, UK.
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