Category/exclusive-news (Total Articles : 2595 )
NRB 'capital charge' on 7 commercial banks for increasing risk of CD Ratio
Kathmandu. Stating that the risk has increased in these seven commercial banks, NRB imposed 'capital charge' on Prime, the highest. Kathmandu. NRB has imposed 'capital charge' on seven commerce companies that do not have sufficient liquidity ratio. According to NRB, seven commercial banks have not...
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All life insurance companies can issue term insurance policies
Kathmandu. From now on, all life insurance companies will be able to issue foreign employment term life insurance. With the decision of the insurance committee to cancel the procedure related to "Foreign employment period life insurance policy bridge", interested companies can issue insurance policy.
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Merger Sign Reliance and Sanima Life Insurance : swap ratio is Equal 1:1
Kathmandu. Reliance Life Insurance and Sanima Life Insurance are merging MOU sign. The MoU was signed by Director Bharat Kumar Todi on behalf of Reliance Life and Director Ghanshyam Thapa on behalf of Sanima Life. The insurance company has informed that it has agreed to...
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Big merger: Global IMI Bank is the First largest bank and Nabil Bank is in third position
Kathmandu. Merger agreements are being negotiated between one big bank after another. Merger acquisition between Nabil Bank and Nepal Bangladesh Bank has already started. Which has become the second bank in paid up capital so far. According to Nabil Bank, the bank's paid-up capital has...
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How much profit of commercial bank of Nepal ? Top 5 position Global, NIC Asia, Nabil, Prime and NMB Bank
Kathmandu. In the current financial year, banks have made a profit of more than 6 billion. According to Nepal Rasht Bank, commercial banks by the end of May of the financial year 2078/79 has earned a profit equal to 6 billion 46 crore 38 lakh...
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Himalayan Civil Bank Merger : 20.5 billion capital and equal status of employees
Kathmandu. After a long effort, Himalayan Bank and Civil Bank have agreed to go through the process of merging. The share swap ratio in the merger will be 100: 81. Investors of Civil Bank, which will have 100 shares after the merger, will get 81...
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Himalayan and Civil Bank's Merger Acquire Sign Agreement : Swap ratio 100: 81 Percent
Kathmandu. Himalayan Bank Limited has signed a Memorandum of Understanding (MoU) to acquire Civil Bank Limited. The MoU was signed by Prachanda Bahadur Shrestha, Chairman of Himalayan Bank and Pratap Jung Pandey, Chairman of Civil Bank. A memorandum of understanding has been signed between the...
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Governor Maha Prasad Adhikari Affiliated with political party ?
Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that he is not affiliated with any political party. After finding the name of M Adhikari of Khotang in the CPN-UML's Finance and Planning Department, Governor Adhikari clarified that he was not affiliated with...
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37 billion Foreign investment commitment from China
Kathmandu. In the current fiscal year, the highest foreign direct investment (FDI) commitment has been made in three years. China has committed Rs. 37.04 billion for 203 projects. In the second place, 12 projects from India have committed Rs 2.48 billion. Since then, 12 projects...
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Himalayan and Civil Bank Merger signed on Wednesday July 13
Kathmandu. An agreement was reached between Himalayan Bank and Civil Bank at midnight. The operator of Civil had given the conclusion that he could not go to Himalayan Bank on Tuesday evening. As per the agreement reached at midnight, Civil Bank will merge with Himalayan...
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Civil Bank merger partner is Citizens Bank : Swap Ratio to be 100:97 percent
Kathmandu. Chairman of Civil Bank Pratap Jung Pandey has replied that time has passed for merging with Himalayan. At the same time, the chapter of merger between these two banks has been closed. Recently, Civil Bank has reached a gentlemanly agreement with Citizens Bank to...
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48 billion more foreign investment commitment, Rs. 37.04 billion from China
Kathmandu. More than Rs 48 billion foreign investment commitment has been received in the current fiscal year. According to the Department of Industry, which approves foreign investment, foreign investment commitment of Rs. 48.2 billion has been made till July 12 of the current fiscal year.
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Tight monetary policy by NRB within the Third week of July (Sharwan 1st week 2079)
Kathmandu. Nepal Rastra Bank is preparing to bring the monetary policy for the coming Fiscal Year 2079/80. NRB has been conducting discussions and suggestions with various experts on monetary policy. NRB Assistant Spokesperson and Information Officer Narayan Prasad Pokharel informed that preparations are being made...
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Deposits of commercial banks increased by one trillion rupees
Kathmandu. Deposits of commercial banks have improved since the beginning of July. One trillion deposits have been added to commercial banks in the first three weeks of this month. The deposits of commercial banks stood at Rs. 43.94 trillion as of July 15. The deposit...
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China's banks in crisis : Thousands of customers take to the streets to return their savings
Agency. The general public has long been on the streets in China demanding the return of deposits. They have taken to the streets demanding the return of their bank deposits. On Sunday alone, thousands of depositors protested in front of China's central bank, the People's...
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