Merger agreement on an equal BasicsKathmandu. Global IME Bank and Bank of Kathmandu are about to merge. An agreement was reached between the two banks at Yak & Yati Hotel on Thursday morning. As soon as the merger agreement is signed today, trading...
Read MoreThere is a wave of bank mergers in Nepal's financial sector. Banks are being forced to merge due to increasing competition and increasing business conditions. On top of that, government policy and pressure from the Nepal Rastra Bank have forced the banks to merge. Last...
Read MoreKathmandu. Himalayan Bank, which broke the merger with Nepal Investment Bank, has also started discussions with some banks for the merger. Himalayan Bank is in talks with Civil and Century for a merger. Himalayan Bank is under pressure to enter into a merger agreement with...
Read MoreKathmandu .Merger between Nabil and Nepal Credit and Commerce (NCC) Bank has been discussed. The merger, which was split last year after reaching the final stage of merger, is being discussed with Nabil again. Earlier, NCC Bank had held discussions with Nabil and Global and...
Read MoreKathmandu. Global IME Bank and Bank of Kathmandu have entered into a merger agreement. An agreement was reached between the two banks at Yak & Yati Hotel. The two banks have agreed to merge on an equal footing. The merger agreement has been signed by...
Read MoreKathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
Read MoreKathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
Read MoreKathmandu. The US dollar has reached an all-time high. According to Nepal Rastra Bank, the exchange rate of US dollar has reached 125.16 Nepali rupees. The rate was Rs 124.24 on Monday.The dollar, which had been above Rs 124 for...
Read MoreKathmandu. The share market NEPSE index fell below 2,000 points on Tuesday. When the market dropped by 36.07 points and stopped at 1996.26 points, the transaction amount was only Rs 1.18 billion. Tuesday's market index is the average of 17 December 2077. The stock market...
Read MoreKathmandu. Investors in insurance companies, which are under pressure to raise capital under the regulator's direction, have seen disappointing returns over the past five years. Companies that have been raising capital in the past have also distributed bonus shares, but their condition is very bad...
Read MoreKathmandu. The Government of India is going to privatize the state-owned IDBI Bank. The Government of India has clarified its position on privatization of IDBI Bank. According to Indian media, the government of India will sell all the shares of the bank which owns...
Read MoreKathmandu. Nepal Investment Bank and Mega Bank Nepal will be merged. The merger agreement was signed between the two banks on Friday. After the failure of the merger agreement with Himalayan Bank, Nepal Investment Bank is about to merge with Mega Bank.
Read MoreKathmandu. The securities secondary market will be operational for six trading days from July 20. Securities market operator Nepse is preparing to operate the market within six trading days as soon as the government decides to remove the public holiday from Sunday.
Read MoreKathmandu. The stock market has been declining for a long time. The Nepse index, which was close to 32 points 10 months ago due to continuous decline in the market, has dropped by 1150.67 points to 2048.16 points. Investors say the stock market lost more...
Read MoreKathmandu. Banijya Bank's share price has fallen below Rs 200 per share. Shares of Century Commercial Bank have been traded at Rs 196 to Rs 199. Shares of the bank have fallen below Rs 200 after three years. A year ago, the bank's share...
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