Kathmandu. Investors have lost Rs 1.3 trillion in the stock market which has been declining continuously lately. The market capitalization of a company listed in Nepse when the share market reached its peak a year ago, It has reached Rs 44 trillion but now it...
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Kathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that the discounts and facilities being provided for mergers and acquisitions will be reduced from the monetary policy of the coming fiscal year. This was stated by Governor Adhikari after...
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Kathmandu. NIC Asia Flexi Cap Fund has been opened.The fund has opened disposal of 100 million units. At the rate of Rs 10 per unit, Rs 1 billion 100 million units are about to be exported.Of this, 15...
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Kathmandu. Governor of Nepal Rastra Bank, Maha Prasad Adhikari, has said that the service, facilities and career development of the employees will be taken into consideration while formulating the regulations of NRB. He said that the current management is committed to maintain good governance in NRB.
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Kathmandu. Nepal Rastra Bank is trying to reduce the number of commercial banks. But in this endeavor, Nepal Stock Exchange is ahead of NRB. Currently, there are 27 commercial banks doing banking business with permission from NRB. Only 24 commercial banks are listed on the...
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21 Years Banking ExperienceKathmandu. Sachin Jung Rayamajhi has been appointed as the Deputy Chief Executive Officer (DCEO) of Civil Bank. A meeting of the Board of Directors of the bank held on Monday has appointed Rayamajhi as the DCEO with...
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Kathmandu. Banks will not raise interest rates in June. Despite rumors of a rise in interest rates in the market recently, banks are discussing not to raise interest rates. According to the third quarterly review of the monetary policy released by the Nepal Rastra Bank...
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Kathmandu. The central bank has hinted that it may use interest rates to ease external pressures, even if it continues to pursue policy measures. In its third quarterly review of the monetary policy for the current fiscal year, Nepal Rastra Bank has stated that the...
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Kathmandu. Mega Bank's share price has risen sharply following rumors of a merger with Nepal Investment Bank (NIBL). In the market on Thursday, not only the share price of the bank but also the transaction amount, number and lot have been raised all of a...
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Kathmandu. Nabil Bank is listed in the exclusive league table of the top 20 banks published by IJ Global magazine under the Global Infrastructure and Project Finance category. IJ Global Euromoney is part of the institutional investor business.Considered the world's...
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Kathmandu. President Bidya Devi Bhandari has started presenting the policy and program for the coming fiscal year 2079/80. Presenting the policy and program for the coming Fiscal Year 2079/80 BS in the joint meeting of the House of Representatives and the National Assembly, she presented...
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Kathmandu. In the last one week, the deposit collection of commercial banks has improved. Deposits in commercial banks have increased by Rs 7 billion in a week. According to the Nepal Bankers' Association, deposits in commercial banks have increased by Rs 7 billion in the...
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Kathmandu. The AGM of the Board of Directors of NIC Asia Bank Limited held on Sunday has appointed Santosh Kumar Rathi as the Deputy Chief Executive Officer of the bank. He has been working as the Assistant Chief Executive Officer of the Bank. Point No....
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Kathmandu. Umbrella Institution of Banks and Financial Institutions Operating in Nepal - Confederation of Banks and Financial Institutions Nepal (CBFIN) has submitted institutional suggestions to the Ministry of Finance on various issues to be addressed in the budget of the coming Fiscal Year 2079/80.
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Kathmandu. Nabil Bank's proposal to acquire Nepal Bangladesh Bank (NBB) has been passed by the special general meeting of NBB Bank held today. The meeting of the bank has also approved the share swap recommended by the appraiser PKF TR Upadhyay & Company for the...
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