Category/exclusive-news (Total Articles : 2499 )
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
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
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
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
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
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%
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
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
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
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
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
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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Rastriya Banijya Bank's 57th AGM Program Completed with Smart QR Teller service
Kathmandu. Rastriya Banijya Bank Limited's 57th Anniversary Celebration has been completed through virtual medium. The bank has launched Smart QR Teller service at the counters of all the branch offices so that the customers who have availed the mobile banking facility of the bank can...
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NIC Asia Bank brings 1 million Fatal Disease Insurance in Saving Account
Kathmandu. NIC Asia Bank launches 'New Premium Super Miraculous Savings Account' scheme Fatal disease insurance amount of Rs. 1 million has been paid to one account holder. Accordingly, Shyam Prasad Pant, 36, a resident of Bhimsengola, Kathmandu, who has opened a 'Diamond Category' account under...
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Ramesh Hamal appointed chairman of Securities Board of Nepal
Kathmandu. Ramesh Kumar Hamal has been appointed as the chairman of Nepal Securities Board (Cebon). The recommendation committee formed for the selection of the board chairman had recommended the names of Krishna Raj Pokhrel, Gopal Prasad Bhatt and Ramesh Kumar Hamal. Among the recommendations, the...
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