Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that the interest rate of banks may increase further. Speaking at a program organized in Kathmandu on Wednesday, he said that interest rates of banks would continue to rise. He opined that industrialists should...
Read More
Kathmandu. The number of blacklisted cooperatives is also increasing along with the complaints of cheating from savers. According to the Credit Information Center, 17 cooperatives have been blacklisted in the first 11 months of the current fiscal year. According to the Credit Information Center, three...
Read More
Kathmandu. Recently, the number of blacklisted cooperatives has been increasing. According to the Credit Information Center, four cooperatives have been blacklisted in nine days. The Credit Information Center blacklists individuals and entities who have taken loans from banks and financial institutions for various business purposes...
Read More
Kathmandu. The Insurance Committee has fined 22 insurance companies for not submitting audits on time. The committee has fined the life insurance company, non-life and reinsurance company as action. Earlier, the committee had imposed a fine of Rs 10,000 on some companies.
Read More
Kathmandu. The stock market rose on Sunday, the first trading day of the year. On Sunday, the Nepse index increased by 94.92 points and reached 1,956.98 points. A total of 636,590 shares of 230 companies were traded on the Nepal Stock Exchange (NEPSE), resulting in...
Read More
Kathmandu. The Citizens Investment Fund has declared a dividend for the last fiscal year. A meeting of the board of directors of the fund held has proposed dividend for the fiscal year 2077-078. The meeting of the fund has proposed to give 30 percent bonus...
Read More
Kathmandu. Nepal Rastra Bank has postponed the process of merger and acquisition of Nabil and Nepal Bangladesh Bank (NB) for the time being. NRB has also given in-principle approval to the agreement to acquire Nabil Bank and NB Bank. However, for the final approval, the...
Read More
Kathmandu. The monetary policy of the current fiscal year has taken a new step in controlling share credit. An individual or a family can borrow up to a maximum of Rs 40 million from one bank and a maximum of Rs 120 million from all...
Read More
Kathmandu. The stock market has been declining continuously lately. Along with the market decline, the share prices of companies listed in the secondary market are also declining day by day. According to Nepse, share prices of most of the companies in commercial banks, development banks,...
Read More
Kathmandu. Ngadi Group Power Limited has received permission from the regulatory body Nepal Securities Board (Cebon) to issue 150 percent of its shares. The company has received approval from Cebon on July 26 to issue the right shares. The company currently maintains a paid-up...
Read More
Kathmandu. Himalayan Capital Limited has been conducting various programs for the development of entrepreneurship since its inception. In fulfillment of its social responsibility, Himalayan Capital Limited has conducted a one-day Entrepreneurship Promotion Training Program for the members of Women Lead. At the event, senior Capital...
Read More
Kathmandu. Nepal Reinsurance Company has declared a dividend. A meeting of the company's board of directors held on Sunday proposed a 5 percent bonus of the existing paid-up capital and 0.2632 percent cash for tax purposes and a total dividend of 5.2632 percent.
Read More
The sales managers and assistant sales managers have concluded that the price of the IPO of the best cement is just Rs 627.06 per unit. Sales managers Global IME Capital and co-sales managers NIBL S Capital and Prabhu Capital have concluded that the valuation price...
Read More
Kathmandu. Jyoti Development Bank has unveiled the 'Jyoti Double Deposit' Muddati Yojana. Under the scheme, the customer receives twice the amount deposited in 5 years and 11 months. The account can be opened by depositing a minimum of Rs 10,000 in this Muddati account which...
Read More
Kathmandu. Banks, which have been suffering from a lack of liquidity (investable capital) for a long time, are expected to face more challenges in the coming days. Due to the lack of increase in deposits in the banks and the need for the banks to...
Read More