Category/exclusive-news (Total Articles : 2469 )
Interest will not Increase Recently but The Most challenging is to maintain the CD ratio with in 90%
Kathmandu. Banks will not raise interest rates in June. Despite rumors of a rise in interest rates in the market recently, banks are discussing not to raise interest rates. According to the third quarterly review of the monetary policy released by the Nepal Rastra Bank...
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How Much Interest rates Will be Raise in Banking and Financial Sector ?
Kathmandu. The central bank has hinted that it may use interest rates to ease external pressures, even if it continues to pursue policy measures. In its third quarterly review of the monetary policy for the current fiscal year, Nepal Rastra Bank has stated that the...
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Mega Bank Share Price raised with Merger with Investment Bank
Kathmandu. Mega Bank's share price has risen sharply following rumors of a merger with Nepal Investment Bank (NIBL). In the market on Thursday, not only the share price of the bank but also the transaction amount, number and lot have been raised all of a...
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Nabil Bank is listed in IJ Global Magazine's Top 20 Banks
Kathmandu. Nabil Bank is listed in the exclusive league table of the top 20 banks published by IJ Global magazine under the Global Infrastructure and Project Finance category. IJ Global Euromoney is part of the institutional investor business.Considered the world's...
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Government of Nepal Policies and Programs: Effective Capital Markets and Promoting Digital Banking Services Combining Insurance with Productivity
Kathmandu. President Bidya Devi Bhandari has started presenting the policy and program for the coming fiscal year 2079/80. Presenting the policy and program for the coming Fiscal Year 2079/80 BS in the joint meeting of the House of Representatives and the National Assembly, she presented...
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Deposits Increased by Rs 7 billion per Week Commercial Banks in Nepal
Kathmandu. In the last one week, the deposit collection of commercial banks has improved. Deposits in commercial banks have increased by Rs 7 billion in a week. According to the Nepal Bankers' Association, deposits in commercial banks have increased by Rs 7 billion in the...
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Santosh Kumar Rathi is appointed Deputy Chief Executive Officer of NIC Asia Bank
Kathmandu. The AGM of the Board of Directors of NIC Asia Bank Limited held on Sunday has appointed Santosh Kumar Rathi as the Deputy Chief Executive Officer of the bank. He has been working as the Assistant Chief Executive Officer of the Bank. Point No....
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Reduce income tax of banks and financial institutions _CBFIN
Kathmandu. Umbrella Institution of Banks and Financial Institutions Operating in Nepal - Confederation of Banks and Financial Institutions Nepal (CBFIN) has submitted institutional suggestions to the Ministry of Finance on various issues to be addressed in the budget of the coming Fiscal Year 2079/80.
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Nabil Bank passes proposal to acquire Nepal Bangladesh Bank
Kathmandu. Nabil Bank's proposal to acquire Nepal Bangladesh Bank (NBB) has been passed by the special general meeting of NBB Bank held today. The meeting of the bank has also approved the share swap recommended by the appraiser PKF TR Upadhyay & Company for the...
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Big Merger : Union and Gurans Life Insurance Merger with Prime Life Insurance
Kathmandu. Union Life Insurance and Gurans Life Insurance Company have merged into Prime Life Insurance Company. A tripartite agreement was reached on Thursday to merge with Prime Life Insurance Company. This is the second merger agreement for the insurance sector and the first for the...
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Nabil Bank is listed by USDA for the first time in Nepal
Kathmandu. Nabil Bank has entered into an agreement with USDA to list the bank under GSM 102. The Bank has entered into an agreement with the USDA under the Export Credit Guarantee Program operated by the US Department of Agriculture. Nabil Bank has become the...
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Shares traded on Friday and Settlement on Monday
Kathmandu. Now, the stock market will be open on Friday as well. The government has decided to give leave on Saturday and Sunday, two days a week from May 1, and the market will be opened on Friday as well. ...
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Corona Insurance Claim Payment by Issuing Bonds : Association of Chartered Accountants
Kathmandu. The Nepal Chartered Accountants Association, an organization of accountants, has suggested that various insurance companies issue corona bonds to settle the remaining 11 billion claims of corona insurance. The union, in its suggestion for the budget for the coming fiscal year, said it would...
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Merger Sign Himalayan General Insurance (HGI) and Everest Insurance (EIC)
Kathmandu. Himalayan General Insurance (HGI) and Everest Insurance (EIC) are about to merge. In an agreement reached between the two insurance companies on Thursday, the chairman of the organization has agreed to merge.Himalayan and Everest have become the first entities...
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Banks of Nepal Borrowing from Nepal Rastra Bank 98.22 billion with in One Day
Kathmandu. The liquidity crunch in the banks since the beginning of the financial year has not been resolved yet. Banks and financial institutions have taken short-term loans of Rs. 98.22 billion from NRB through Permanent Liquidity Facility (SLF). This is the second largest amount taken...
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