Category/exclusive-news (Total Articles : 2472 )

Agreement between Insurance Committee and Nepal Institute of Chartered Accountants

Agreement between Insurance Committee and Nepal Institute of Chartered Accountants

Kathmandu. An agreement has been reached between the Insurance Committee and Nepal Institute of Chartered Accountants regarding information exchange and mutual assistance. Chairman of the Insurance Committee Surya Prasad Silwal and Chairman of the Nepal Chartered Accountants Association Yuddharaj Oli signed the agreement at the...

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Even a small push destabilizes the stock market : Ramesh Kumar Hamal, Chairman (SEBON)

Even a small push destabilizes the stock market : Ramesh Kumar Hamal, Chairman (SEBON)

Kathmandu. Newly appointed chairman of the Nepal Securities Board Ramesh Kumar Hamal has claimed that even a small push creates volatility and ups and downs due to lack of institutional and instrumental diversity in the share market.He said that it...

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Be Careful ! Telecom's share price has been cornered by big investors

Be Careful ! Telecom's share price has been cornered by big investors

Kathmandu. The share price of Nepal Telecom has risen by Rs 266 per share for the past one month. Investors who invest in the company in a month have earned Rs 266 per unit share. Sources claim that the government received an advance dividend...

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Lack of liquidity, the interbank interest rate reached around 7 percent

Lack of liquidity, the interbank interest rate reached around 7 percent

Kathmandu. Lack of investment (liquidity) in the banking system is increasing. The interbank interest rate has risen to an average of 7 percent in less than two weeks. This also shows the liquidity crisis in the banks.The rise in interbank...

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15 percent on deposit and 18% Bank loan interest soon

15 percent on deposit and 18% Bank loan interest soon

Kathmandu. Ratna Raj Bajracharya, chief executive officer of Global IME Bank, said that if the liquidity problem is not resolved, the interest rate on loans will reach 18 percent by next July.Speaking at a discussion program organized by the Federation...

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Banks has taken Rs 43 billion liquidity facility from Nepal Rastra Bank

Banks has taken Rs 43 billion liquidity facility from Nepal Rastra Bank

Kathmandu. Banks are finding it increasingly difficult to manage liquidity. Banks have been availing billions of liquidity facility from Rashtra Bank in one day. Commercial banks on Tuesday provided a loan of Rs 43.80 billion in Standing Liquidity Facility (SLF). As the liquidity...

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7.4 billion through e-payment in the customs department

7.4 billion through e-payment in the customs department

Government of Nepal, Customs Department has collected revenue of Rs 7.4 billion through digital medium till mid-January. The arrangement of the digital collection was started from the dry port Birgunj Customs Office on January 1, 2078 BS and was formally inaugurated by the Finance Minister...

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Profits of microfinance companies increased by 36.72 percent

Profits of microfinance companies increased by 36.72 percent

Kathmandu: As of mid-January, microfinance companies have earned a net profit of Rs 6.68 billion. This is 36.72% more than the previous year. In the corresponding period of the previous year, microfinance companies had earned a total profit of Rs. 4.43...

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Capital expenditure so far 17 percent Only

Capital expenditure so far 17 percent Only

Kathmandu. The National Planning Commission has set limits for the government to make a budget of Rs 1.744 trillion next year. But even beyond such limits, the Ministry of Finance has a tradition of making budgets. The resource committee headed by the vice-chairman of...

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Banks CD ratio reached above 91%

Banks CD ratio reached above 91%

Kathmandu. Commercial banks have reached the stage of not being able to invest in loans. According to the Nepal Bankers Association, credit investment and deposit mobilization of banks has been slowing down. In the first week of March, the total deposit collection of banks has...

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27th CAN Infotech From 20 April 2022

27th CAN Infotech From 20 April 2022

Kathmandu . The 27th edition of CAN Infotech will be held at Bhrikuti Mandap in Kathmandu from Wednesday, April 20 to  25th April 2022. CAN General Secretary Narayan Thapa has issued a press release stating that CAN Infotech will be held from 20 April to...

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Nepal Bank first in deposit collection

Nepal Bank first in deposit collection

Kathmandu. Nepal Bank Limited, Nepal's first bank, has seen high growth in both deposit mobilization and credit expansion. Among the 27 commercial banks of Nepal, Nepal Bank is in the first place in terms of increase in deposit collection and Nepal Bank is in the...

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NMB Bank launches NMB You-Wah ! Digi Savings

NMB Bank launches NMB You-Wah ! Digi Savings

Kathmandu. NMB Bank Limited has launched a new savings account, “NMB You-Wah! Digi Savings” To encourage youth towards digitization, savings and investment,All Nepali (youth)...

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Liquidity crisis in banks of Nepal

Liquidity crisis in banks of Nepal

Kathmandu. Although the threat of corona virus (Covid-19) infection is gradually diminishing, the lack of investable funds (liquidity) in the banks is still continuing. This problem has continued even in the first week of March as the deposit collection of the banks, which have become...

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Improving the deposit collection of commercial banks of Nepal

Improving the deposit collection of commercial banks of Nepal

Kathmandu. There has been a slight improvement in the deposit collection of commercial banks. Deposits of commercial banks have increased by one billion in one year.According to the Nepal Bankers Association, the deposits of commercial banks have increased by Rs...

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