Category/exclusive-news (Total Articles : 2499 )
Daraj.com involved in foreign exchange misappropriation
Kathmandu. Ecommerce side drawer.com.np has been found to be involved in foreign exchange digestion. Daraj was found selling foreign currency including US dollars at a premium price.As mentioned in the ecommerce side, if you pay Rs. 1,300, you can load...
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Api Power issuing 18.6 million Right shares Approval by the SEBON
Kathmandu. The Securities Board of Nepal (SEBON) has given permission to Api Power Company Limited to sell 18.6 million shares. The company has received permission from the board on March 10 to issue the right shares in the ratio of 1: 0.3936 on the basis...
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15 mutual funds awaiting for board approval
Kathmandu. The Nepal Securities Board (NSB) is awaiting approval to operate 15 mutual funds, including two open ones. Nabil Investment Banking Limited and Laxmi Capital Market Limited are preparing for the operation of the open scheme while the other 13 schemes are closed in nature.
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Corruption case against a branch manager of a RBB Bank for making a fake bank guarantee
Kathmandu. The Commission for Investigation of Abuse of Authority (CIAA) has filed a corruption case against four persons, including the then branch manager of Rastriya Banijya Bank, Jumla, Ram Janak Chaudhary, on the charge of colluding to take advance in the contract and forging the...
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Capital expenditure up to 90 percent to Mobilize budget _ Finance Minister
Kathmandu. Finance Minister Janardan Sharma has directed to increase the capital expenditure to 90 percent for the current fiscal year 2078-79. Speaking at a program organized at the Ministry of Finance to review the budgets of 10 ministries with high capital budget allocation till February...
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Commercial banks Deposits 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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987 companies are blacklisted
Kathmandu. In 22 days, 987 companies have been blacklisted. According to the Credit Information Center, 987 companies have been blacklisted in the first 22 days of the current fiscal year. The blacklisted companies range from hardware suppliers to travel and tourism companies.
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One rupees new coin in the Nepali market
Kathmandu. Nepal Rastra Bank has introduced a new rupee coin in the market. The bank has published the information for the information of all concerned as the rupee 1 rate coin with the following features written in the year 2077 stamped in the same size...
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Class Topper Banker Shanta Siwakoti's Banking Journey
Kathmandu. Shanta Siwakoti, Chief Marketing Manager at Global IME Bank, has been working in the banking sector for over 20 years. Siwakoti, who entered the banking sector in September 2000, is a household name among women working in the Nepali banking sector.
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IME General Insurance brings cashless settlement service
Kathmandu. IME General Insurance Limited has added two more features to its insurance policy. The company unveiled the IME Health Plus and Castleless Settlement insurance policy by press conference. Under this insurance policy, the company has now brought free insurance plan for 18 types of...
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Nabil Bank launches 'Nabil FD Card' scheme
Kathmandu. Nabil Bank has launched Nabil FD Card (Nabil Fixed Deposit Card) scheme under Credit Card. The bank has informed that credit card facility will be provided to the term deposit customers of the bank. FD Card has been introduced in Nabil Bank to provide...
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120 million investment in the share market of microfinance
Kathmandu. Microfinance institutions have invested Rs 118.4 million in shares and debentures. According to Nepal Rastra Bank, the share loan of microfinance has decreased to Rs. 118.4 million as compared to the last fiscal year. As of last July, there was an investment of Rs....
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Brokers to provide their own TMS services from next financial year
Kathmandu. The process of allowing the Trade Management System (TMS) securities broker company to link the investor's share purchase order to the main trading system of the Nepal Stock Exchange (NEPSE) has moved forward. According to the criteria prepared by Nepse to facilitate investors to...
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Now Cooperatives have own their ATMs
Kathmandu. Cooperatives will now be issued their own ATM cards. A tripartite agreement has been reached between Rastriya Sahakari Bank, Smart Choice Technologies (STC) and Global IME Bank on the issue of issuing cards on Sunday.The agreement was signed by...
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Garima Development Bank brings locker facility special discount offer
Kathmandu. To make the upcoming International Women's Day 2022 even more special, Garima Development Bank has arranged special discounts in the locker facility being provided by this development bank to all female customers who open Garima Women's Savings Account and My...
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