Category/exclusive-news (Total Articles : 2595 )
NMB Bank Introduces Double Return Plan
Kathmandu. NMB Bank has unveiled a new plan for its individual customers. The bank has unveiled an attractive term plan "NMB Double Term" and "NMB Janmabhoomi Double Term". Under the "NMB Double Term Scheme", when a customer opens a term deposit account with a...
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25 companies in pipeline for Issuing IPO issue, Almost hydropower companies
Kathmandu. Various 25 companies are awaiting approval from the Nepal Securities Board (NSB) for IPO issuance. According to Cebon, the waiting companies have applied for approval to sell shares worth Rs 5.16 billion.Companies in the pipeline for the IPO include...
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Kumari Bank and Laxmi Bank Preparation for Merger Swap Ratio is 100:100
Kathmandu. Discussions on merger between Kumari and Laxmi Bank have intensified. It is said that the merger is being discussed between Laxmi Bank and Kumari Bank to finalize the merger within a few days. The name and swap ratio are currently being discussed. Laxmi and...
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Global and BOK Bank Merger MOU Sign after 6 banks are also preparing to Big Merger
Kathmandu. Nepal Rastra Bank (NRB) has directed to go for merger by mid-July. Governor of Nepal Rastra Bank Maha Prasad Adhikari has instructed the chairpersons and operators of commercial banks to start the process for merger within this month. The banks are engaged in internal...
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Economy is recovering, Now the share market is gaining momentum: Janardan Sharma
Kathmandu .The budget for the coming fiscal year has set a clear blueprint to give a new direction to the country's economy. For the first time, the government has given top priority to agriculture. It aims to reduce imports by 30 percent and increase exports....
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Master's degree will not be allowed to become an insurance Board of Director
Kathmandu. People who are rich but do not have a degree in higher education from the university will not be allowed to become the director or chairman of the insurance company. This provision will come into force after the new Insurance Act comes into force....
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Global IME BOK Bank becoming the largest bank in Nepal
Merger agreement on an equal BasicsKathmandu. Global IME Bank and Bank of Kathmandu are about to merge. An agreement was reached between the two banks at Yak & Yati Hotel on Thursday morning. As soon as the merger agreement is signed today, trading...
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Dorzen of Commercial banks started to finalize the Big Merger process: Global IME and Nabil Bank will be the first One
There is a wave of bank mergers in Nepal's financial sector. Banks are being forced to merge due to increasing competition and increasing business conditions. On top of that, government policy and pressure from the Nepal Rastra Bank have forced the banks to merge. Last...
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Big Merger Preparation Himalayan Bank to CIVIL Bank
Kathmandu. Himalayan Bank, which broke the merger with Nepal Investment Bank, has also started discussions with some banks for the merger. Himalayan Bank is in talks with Civil and Century for a merger. Himalayan Bank is under pressure to enter into a merger agreement with...
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Nabil Bank to become the largest bank in Nepal Merger with NCC Bank
Kathmandu .Merger between Nabil and Nepal Credit and Commerce (NCC) Bank has been discussed. The merger, which was split last year after reaching the final stage of merger, is being discussed with Nabil again. Earlier, NCC Bank had held discussions with Nabil and Global and...
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Big Merger Global IME Bank and Bank of Kathmandu
Kathmandu. Global IME Bank and Bank of Kathmandu have entered into a merger agreement. An agreement was reached between the two banks at Yak & Yati Hotel. The two banks have agreed to merge on an equal footing. The merger agreement has been signed by...
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Four cooperatives companies are blacklisted
Kathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
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Four cooperatives companies are blacklisted
Kathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
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The US dollar is at an all-time high. 1 US dollar is 125.16 Nepali rupees
Kathmandu. The US dollar has reached an all-time high. According to Nepal Rastra Bank, the exchange rate of US dollar has reached 125.16 Nepali rupees. The rate was Rs 124.24 on Monday.The dollar, which had been above Rs 124 for...
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NEPSE at 1996.26 points , Investors lost Rs 11.5 trillion in the stock market
Kathmandu. The share market NEPSE index fell below 2,000 points on Tuesday. When the market dropped by 36.07 points and stopped at 1996.26 points, the transaction amount was only Rs 1.18 billion. Tuesday's market index is the average of 17 December 2077. The stock market...
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