Category/exclusive-news (Total Articles : 2595 )
Liquidity has increased in the bank, Now CD radio is below 90 Percent
Kathmandu: The widespread liquidity crunch in the bank is likely to ease somewhat. The savings ratio (CD ratio) that banks have to manage has also come down to below 90 now. The bank's index has been above 90 for the past few months. 90 is...
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CBFIN press to the Prime Minister for policy reforms through monetary policy
Kathmandu. Operators of banks and financial institutions have taken pressure to intervene in monetary policy through monetary policy for the coming fiscal year. The delegation led by Pawan Kumar Golyan, chairman of the Confederation of Banks and Financial Institutions Nepal (CBIFIN), made the request during...
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Non-performing borrowers is increasing, Adding 897 borrowers to the blacklisted
Kathmandu. The number of borrowers who are unable to repay loans taken from banks and financial institutions is increasing. According to the Credit Information Center, 897 companies, including six cooperatives, have been blacklisted from July 1 to July 3 of the current fiscal year.
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Nabil Bank and Nepal Bangladesh Bank got final approval for integrated transactions
Kathmandu. Nepal Bangladesh Bank and Nabil Bank Limited have received final approval for integrated transactions. Nepal Rastra Bank (NRB) on Wednesday gave final approval to the two banks for integrated transactions. Executive Director of the Supervision Department of Banks and Financial Institutions of Nepal Rastra...
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Barun Hydropower issuing 1: 1 Right Share
Kathmandu. Barun Hydropower Company Limited has received approval to issue right shares. The Nepal Securities Board (NSB) has given approval for the rightful eviction of Hydropower in the ratio of 1: 1 on Wednesday. The company will issue 26.78 million shares at a face value...
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NHPC issuing 820 million Right shares
Kathmandu. National Hydropower Company Limited (NHPC) is going to issue right shares to raise investment for two hydropower projects under construction. NHPC has applied to the Electricity Regulatory Commission for the approval of right share issue worth Rs. 820 million. NHPC is preparing to go...
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NEPSE has almost bottomed out : The market may go up Soon
Kathmandu: The share market also looked sluggish on Tuesday. On this day, the Nepse index has decreased by 11.82 points and reached 1921.31 points. Shares worth more than Rs 1 billion have been traded. Earlier, the market had improved for two days after the index...
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Banks have to make provision around Rs 50 billion, What is the net profit of Banks when auctioning collateral ?
Kathmandu. Commercial banks are expected to make a provision of Rs 50 billion in the fourth quarter of the current fiscal year. Banks that made a provision of Rs 54.5 billion in the third quarter of the current fiscal year will have to make the...
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Merger between Prabhu and Century Bank, Kumari with Laxmi, Himalayan and Civil and Nabil with NCC Bank
Kathmandu. Commercial banks are in the throes of a merger. Merger has started in the banks after the Nepal Rastra Bank (NRB) said that it will provide tax exemption and other benefits only to those who have signed a MoU with the commercial banks within...
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Penalty to all life insurers except MetLife for non-submission of financial statements
Kathmandu. All the life insurance companies except Mate Life Insurance have come under the action of the Insurance Committee for not submitting the audit report on time. The Insurance Committee has fined 18 life insurance companies at the rate of Rs 10,000 to Rs 10,500...
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Registration of new cooperatives closed in Bagmati Province of Nepal
Kathmandu: The Bagmati state government has stopped registering new cooperatives. The decision was taken at a ministerial meeting of the state government. It is stated that the registration of new organizations has been stopped on the basis of the report of the committee formed...
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Reliance Spinning Mills issuing IPO from Book Building
Kathmandu. Reliance Spinning Mills has started the process of issuing IPO through book building method. The company has informed that it has called for discussion with the objective of getting the number of shares, intention price and suggestions in the statement of the institutional investors...
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Merger agreement between Surya and Jyoti Life Insurance, Swap Ratio is 1: 1
Kathmandu. Surya Life Insurance Company and Jyoti Life Insurance Company are going to merge with each other. The two companies are set to merge after holding a program at Hotel Yak & Yeti on Sunday and signing a merger agreement. The agreement has been signed...
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Banker Anil Keshari Shah : 32 years Banking Journey
Kathmandu. Celebrity banker Anil Keshari Shah has left the banking sector. Anil, who has worked in various banks for 32 years, left the banking sector only last year. While living in the banking sector, he developed his own personality. Wearing red glasses and a straight...
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Deposits offer of Commercial Banks of Nepal : 12% interests with four times return to 90% loan
Kathmandu. At a time when there is a lack of liquidity in the banking system, commercial and development banks have launched attractive savings account schemes. In order to attract deposits from the public, banks are making public savings account schemes with high interest and attractive...
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