Category/exclusive-news (Total Articles : 2499 )
Share Market : Lack of liquidity creates stress for Investors
Kathmandu. This year has been known as a year of joy and sorrow for stock investors. The Nepse index crossed 3200 points, encouraging investors, while the lack of liquidity created tension towards investors towards the end of the year. The recent downturn in the market...
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Machhapuchhre Bank starts 24 hours Banking services
Kathmandu. Machhapuchhre Bank has started operating its customer service center 24 hours a day and 7 days a week on the occasion of New Year 2079 BS. The bank, which has been setting various trends in the banking sector with new smart facilities, has made...
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Agreement between Nabil Bank and Heffer International Nepal for promoting women entrepreneurs and small farmers
Kathmandu. An agreement has been signed between Nabil Bank Limited and Heffer International Nepal with the objective of promoting entrepreneurship, financial literacy and financial access to women entrepreneurs and small farmers.On behalf of Nabil Bank, Chief Executive Officer Anil Keshari Shah...
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10 billion promoter shares in 99 companies of 27 commercial banks of Nepal
Kathmandu. Commercial banks have increased their investments in various companies. Along with Core Banking, commercial banks have increased their investments in insurance, microfinance and merchant banks as promoter shares. According to the annual report of the banks for the last fiscal year 2077/07, 27 commercial...
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Dollar reserves 6 months 21 days for Imports in Nepal
Kathmandu. Statistics show that foreign exchange reserves are not low. According to the data published by Nepal Rastra Bank, Nepal still has foreign exchange reserves for 6 months and 21 days. According to Nepal Rastra Bank, foreign exchange reserves stood at Rs 1.171 trillion as...
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IME-Pay CAN Infotech 2022 to be held from April 20 to 25
Kathmandu. IME-Pay Can Infotech 2022 is scheduled to be held at Bhrikuti Mandap, Kathmandu from April 20 to 25. Prime Minister Sher Bahadur Deuba will inaugurate the 27th edition of CAN Infotech organized by Federation of Computer Association Nepal (CAN), said President...
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Why suspend to Governor Maha Prasad Adhikari ?
Kathmandu. The government has suspended NRB Governor Maha Prasad Adhikari. According to a Finance Ministry source, Deputy Governor Neelam Dhungana has been given the charge. An unofficial team of ministers was formed to study the governor as there were serious allegations of leaking information on...
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Banks Deposits increased 5 billions with in a day
Kathmandu. Lately, the lack of investable funds (liquidity) in banks and financial institutions has been increasing. Due to lack of liquidity, banks and financial institutions are now unable to provide new loans. According to Nepal Rastra Bank, the CD ratio of commercial banks is 90.58...
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Inflation is under pressure in the world and to sustain for reserves support only six months in Nepal _ Gunakar Bhatta
The basis of Nepal's economy is not so weak, the current problem can be addressed _ Dr. Gunakar BhattaKathmandu. Executive Director and Spokesperson of Nepal Rastra Bank Dr. Gunakar Bhatta has made it clear that the state of Nepal's...
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Ragun Khadka arrested for banking fraud case
Kathmandu. Police have arrested a fugitive from Bhimsengola in Kathmandu being found guilty of banking offenses and sentenced to millions of rupees in fines and imprisonment. Ragun Khadka, 38, of Hetauda in Makwanpur and a resident of Kshetrapati in Kathmandu has been arrested after the High Court imposed a fine...
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Nabil, NIC and Global Bank Competition in QR Services
Kathmandu. About Rs 6.5 billion has been disbursed through QR codes of 24 commercial banks in January. According to Nepal Rastra Bank, the QR code of 24 commercial banks has been transacted 1.244 million times in January.A total of Rs...
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Progressive Finance passed 6 percent dividend passed by 25 the AGM
Kathmandu. The 25th Annual General Meeting of Progressive Finance Limited concluded on Wednesday. The General Assembly has passed a resolution to distribute 6 percent bonus shares from the profits of the Fiscal Year 2077/78 and 0.3158 percent cash dividend for tax purposes.
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Why Mortgage of investors Share Asset of Himalayan and Nepal Investment Bank ? When will be Release ?
Kathmandu. The merger between Himalayan Bank and Nepal Investment Bank, which had been in the process for a long time, broke down. The merger process between the two banks has failed after the annual general meeting of Himalayan Bank on January 12 rejected the merger...
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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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