Kathmandu. Mega Bank and Nepal Investment Bank have reached an agreement for merger. The two banks signed a memorandum of understanding (MoU). The MoU was signed by Investment Bank Chairman Prithvi Bahadur Pandey and Mega Bank Chairman Bhoj Bahadur Shah. After the merger, the...
Read MoreKathmandu. Banks' loan-to-deposit ratio (CD ratio) has risen sharply. Nepal Rastra Bank (NRB) had implemented 90 percent CD ratio by scrapping 85 percent CCD in the current fiscal year. NRB has given time to the banks to maintain 90 percent till mid-July.
Read MoreKathmandu. Himalayan Bank's long-suspended securities trading has been canceled. The share price of the bank, which has been suspended for more than a year, has turned negative on the first day. According to Nepse, the bank's share price fell by 9.99 percent to Rs. The...
Read MoreKathmandu. How much tax do you have to pay in a year? Has calculated If not here's a new product just for you! When the government made public the budget of the Fiscal Year 2079/80, it also made public the budget of various tax...
Read MoreKathmandu. Article 52 of paragraph 6 of the Nepal Rastra Bank Act 2058 has given the monopoly to Nepal Rastra Bank to print and issue notes and coins. In addition, such notes are counterfeit or counterfeit if someone else has forged or forged or forged...
Read MoreKathmandu. Nepal Rastra Bank is to sell treasury bills worth Rs 21.09 billion on Monday. The bank is going to sell treasury bills through bidding process to raise the required short-term loan to the government. NRB has stated that it is going to issue treasury...
Read MoreKathmandu. Bank interest rates in Ukraine have doubled. Ukraine's central bank, the National Bank of Ukraine, has more than doubled interest rates to 25 percent. This interest rate is the highest in Europe. Ukraine's central bank has raised interest rates to stem rising inflation since...
Read MoreKathmandu. The Kathmandu Municipal Corporation is also preparing to make the bank's toilets public. After Mayor Balendra Shah announced to make public the toilets of hotels and restaurants in Kathmandu, the metropolis has issued notice for cooperation.A meeting of the...
Read MoreKathmandu. Chairman of the Board of Directors of Nepal Investment Bank Prithvi Bahadur Pandey has said that there will be a merger with Mega Bank if there is no obstruction. In a conversation with Corporate Nepal, he said that the merger talks with Mega have...
Read MoreKathmandu. Investors have lost Rs 1.3 trillion in the stock market which has been declining continuously lately. The market capitalization of a company listed in Nepse when the share market reached its peak a year ago, It has reached Rs 44 trillion but now it...
Read MoreKathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that the discounts and facilities being provided for mergers and acquisitions will be reduced from the monetary policy of the coming fiscal year. This was stated by Governor Adhikari after...
Read MoreKathmandu. NIC Asia Flexi Cap Fund has been opened.The fund has opened disposal of 100 million units. At the rate of Rs 10 per unit, Rs 1 billion 100 million units are about to be exported.Of this, 15...
Read MoreKathmandu. Governor of Nepal Rastra Bank, Maha Prasad Adhikari, has said that the service, facilities and career development of the employees will be taken into consideration while formulating the regulations of NRB. He said that the current management is committed to maintain good governance in NRB.
Read MoreKathmandu. Nepal Rastra Bank is trying to reduce the number of commercial banks. But in this endeavor, Nepal Stock Exchange is ahead of NRB. Currently, there are 27 commercial banks doing banking business with permission from NRB. Only 24 commercial banks are listed on the...
Read More21 Years Banking ExperienceKathmandu. Sachin Jung Rayamajhi has been appointed as the Deputy Chief Executive Officer (DCEO) of Civil Bank. A meeting of the Board of Directors of the bank held on Monday has appointed Rayamajhi as the DCEO with...
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