Category/exclusive-news (Total Articles : 2471 )
To Maintain Capital Growth of Life Insurance of Nepal : How Many Right Shares should be Issue
Kathmandu. Like non-life, life insurance companies have to increase their paid up capital. According to the Insurance Committee, the regulatory body, life insurance companies have to raise a minimum capital of Rs 5 billion.Until now, the minimum capital of life...
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Deposits of commercial banksof Nepal has increased by Rs 11 billion
Kathmandu. Deposit collection of commercial banks has improved. Deposits of commercial banks have increased by Rs 11 billion in a year. According to the Nepal Bankers Association, the deposits of commercial banks have increased by Rs. 11 billion in the period from March 29 to...
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Ward Chairman Surendra Prasad Jaiswal arrested in banking Fraud case
Kalaiya. Bara Police have arrested Surendra Prasad Jaiswal, Ward Chairman of Kalaiya Sub-Metropolis-14. Police spokesperson Rajesh Thapa informed that the ward chairman was arrested from Kalaiya Bazaar on the charge of swindling Rs.Spokesperson Thapa informed that the district court has...
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Nabil Bank Launches Basanti Inspirational Character Campaign
Kathmandu. Based on the real life of Basanti Pariyar, who managed to survive the acid attack, Nabil Bank has launched a social awareness campaign. Basanti Pariyar is one such woman who was attacked not only by acid but also by six times with the intention...
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Bank of Kathmandu started helpline Service
Kathmandu. Bank of Kathmandu Limited has launched helpline service with the objective of providing excellent banking services and facilities to its valued customers.The Bank has set up a helpline to assist its customers in accessing information and services of the...
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NRB Amendment to refinancing system, Interest Rate Up to 7 percent
Kathmandu. Nepal Rastra Bank (NRB) has changed the concessional refinancing arrangements for the Kovid-19 epidemic. The interest rate on refinancing has gone up from 5 percent to 7 percent.NRB has raised the interest rate on refinancing of small, home and...
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Liquidity Crisis in banks and financial institutions
Kathmandu. Despite the lack of liquidity in banks and financial institutions, the real estate business has not been affected. Looking at the details of last month, is there any lack of liquidity in banks and financial institutions? It seems like a fact.
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21 billion deposits and 13 billion credit flow to commercial banks of Nepal Falgun Month 2079
Kathmandu. In March, there was a significant improvement in the deposit collection of commercial banks. Deposits of commercial banks have increased by Rs 21 billion this month. According to the Nepal Bankers' Association, Rs. The increase in deposits had reached Rs 4.312 trillion in commercial...
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Citizens Bank launches e-KYC Service
Kathmandu. Citizens Bank International Limited has launched e-KYC service. The bank has launched e-KYC service on the occasion of its 15th anniversary by expanding the digital banking service by ending the obligation to physically attend the bank and update the KYC.
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CIT (Citizen Investment Fund) 32nd Anniversary Successfully Completed
Kathmandu. The 32nd anniversary celebration program of the Citizens Investment Fund has been completed. The fund celebrated its annual festival under the chief hospitality of Finance Minister Janardan Sharma Prabhakar.The chief guest of the program and Finance Minister Sharma said...
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CBFIN and ADB to work together for a self-reliant economy in Nepal
Kathmandu. The Manila-based delegation led by the Confederation of Banks and Financial Institutions Nepal and the Asian Development Bank's short visit to Nepal have expressed willingness to work with CBFIN to strengthen the financial sector, facilitate access to credit to local and productive industries and...
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Agreement Between Nabil Bank and Nepal Mobile Distributors Association for financing loan facility
Kathmandu. Nepal's leading commercial bank, Nabil Bank, has entered into an agreement with the Nepal Mobile Distributors Association to address the financial needs of small and medium sized mobile vendors. Under the agreement, the bank will provide channel financing loan facility to the retailers in...
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27 commercial banks Profit increased by 18 percent and Highest profit increased by Himalayan Bank Limited
Kathmandu. In January of the current Fiscal Year (FY) 2078/79, the profit of commercial banks has increased by an average of 18.52 percent. The profit of 27 commercial banks has increased by Rs 6.4 billion in January alone as compared to January / February of...
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NRB's flexibility to open branches to foreign banks
Kathmandu. Nepal Rastra Bank has formulated a policy to make it easier for foreign banks and financial institutions to open branches in Nepal. NRB has reduced the limit of paid-up capital by issuing Foreign Bank Branch Permit Policy, 2022 on Wednesday.
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Puskar and Binita's illegal Crypto business : 4 banks Account Balance around 100 million Deposit
Kathmandu. The Revenue Investigation Department has filed a case against two crypto dealers. The department has filed a case against Puskar Shrestha and Binita Limbu in the Kathmandu District Court.They have been found to have done business worth Rs 97.46...
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