Kathmandu. Prabhu Bank has launched a mobile phone loan facility for its customers. With the launch of this service, Prabhu Bank customers will be able to easily avail phone loan facility up to Rs.2 lakh.For the time being, this facility...
Read MoreKathmandu. An agreement has been signed between Bijbazar Limited and Samridhi Finance. The agreement has been signed by Chief Executive Officer Ganesh Raj Gautam on behalf of Bijbazar and Chief Executive Officer Tika Nidhi Lohani on behalf of Samridhi Finance.As...
Read MoreKathmandu. Nepal Rastra Bank has tightened its grip on internal remittances. When a bank sends money from one place to another within the country, a maximum of Rs 25,000 can be transacted. Earlier, the limit was Rs 1 lakh.The bank...
Read MoreKathmandu. The task force formed by the government to study the problems created by the visit visa has concluded that the criteria and procedures related to the visit visa should be modified. A task force headed by Home Ministry Joint Secretary Phanindra Mani Pokhrel...
Read MoreMILLENNIUM CHALLENGE ACCOUNT NEPAL DEVELOPMENT BOARD (MCA-NEPAL) VACANCY ANNOUNCEMENTProject Manager-Road Maintenance & Technical AssistanceAssistant Engineer-SubstationsAssistant To DED-ManagementLead Engineer-Transmission LinesM&E Specialist
Read MoreKathmandu. Banks and financial institutions are under pressure to reduce credit flow to areas that Nepal Rastra Bank considers unproductive. The pressure on banks to reduce credit in these sectors has increased after the Nepal Rastra Bank increased the risk burden on personal overdraft, purchase...
Read MoreKathmandu. Rastriya Banijya Bank Limited and the Central Department of Economics, Tribhuvan University, reached an agreement on Sunday to assist MA and MPhil students in their research work. The agreement was signed in the presence of Dr. Balram Pathak, Chairman of the Board of Directors...
Read MoreKathmandu. Due to lack of liquidity, the net liquid assets (NLA) of banks has started to fall below 20 percent. Banks must keep at least 20 percent NLA for the purpose of paying checks. As of mid-December, Rastriya Banijya Bank, Nepal Bank and Krishi...
Read MoreKathmandu. Century Commercial Bank Limited has opened two new branches at Teku and PepsiCola in Kathmandu from 12 February 2078 in order to expand its services to the customers.Chairman of the Bank Rajesh Kumar Shrestha inaugurated the Teku Branch and...
Read MoreKathmandu. Sanima Bank Limited has expanded its banking services by setting up a bank branch at Shaktichowk in Gorkha on Thursday. The branch office was inaugurated by brand promoters Madan Krishna Shrestha and Harivansh Acharya and Chief Executive Officer of the Bank Nischal Raj Pandey.
Read MoreKathmandu. Nepal Rastra Bank has given final approval for merger of Womi Microfinance Financial Institution Limited and Suryodaya Microfinance Financial Institution Limited. The company has informed through Nepse that the NRB has given final approval for the merger on 5 falgun 2078.
Read MoreKathmandu. Nepal Rastra Bank (NRB) has tightened loans from banks and financial institutions for stock market, real estate and vehicles. On Wednesday, the National Bank of Nepal (NBN) issued a circular on the mid-year review of monetary policy, which was made public on Thursday.
Read MoreKathmandu. 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...
Read MoreKathmandu. 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...
Read MoreKathmandu. 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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