Kathmandu. Nepal Rastra Bank has made public the semi-annual review of monetary policy for the Fiscal Year 2078/79. Nepal Rastra Bank is going to review the risk weight of share loan of margin nature. NRB announces monetary policy today Gunakar Bhatta said that the decision...
Read MoreKathmandu. Nepal Rastra Bank has started a study to bring its own virtual currency (digital currency). The NRB, which has recently started dealing in currencies like cryptocurrency, has started discussions by forming a committee to bring its own currency.Spokesperson of...
Read MoreKathmandu. An agreement has been signed between Civil Bank Limited and F1Soft International to make digital banking services and facilities more efficient by launching Omni Channel platform. The agreement was signed by Sunil Kumar Pokhrel, Chief Executive Officer of Civil Bank and Subash Sharma, Chief...
Read MoreKathmandu. Raju Kumar KC, a customer of Bank Nepal Bank Ltd.'s Adarshnagar branch in Birgunj, has donated one tola of gold under PhonePay's gift program "QR's Gun, One Tola of Gold" while making payments using Nepal Bank's mobile banking app. Chief...
Read MoreKathmandu. NMB Bank has succeeded in attracting other banks and financial sector to this technology by using this new technology in the banking sector of Nepal. Many technologies have been developed in Nepal to transfer money online. NMB Bank has developed a...
Read MoreKathmandu. Three names have been selected for the chairmanship of Nepal Securities Board. The recommendation committee formed for the selection of the board chairman has recommended the names of Krishna Raj Pokhrel, Gopal Prasad Bhatt and Ramesh Kumar Hamal.Fifteen candidates...
Read MoreKathmandu. Mega Bank has started branchless banking services in five places in four districts where banking services are not available. Mega Bank has appointed Roshan Khadka in Pauwadumma Gaonpalika 3 of Bhojpur, Kumar Shrestha in Golanjor Gaonpalika 5 of Sindhuli, Mahendra...
Read MoreKathmandu. The Central Bureau of Investigation (CBI) has registered a case against ABG Shipyard Limited and its former CMD Rishi Kamlesh Agrawal and then directors Santhanam Muthuswamy and Ashwini Kumar in a Rs 22,842 crore bank scam. If such a huge amount of irregularities is...
Read MoreKathmandu. To alleviate the liquidity crunch, commercial banks have raised interest rates for the month of February. Banks that have been facing liquidity problems for a long time have now stopped collecting deposits in such a way that the Nepal Bankers' Association sets the interest...
Read MoreKathmandu. Himalayan General Insurance Company has appointed Vijay Bahadur Shah as its new Chief Executive Officer. He has assumed his charge from the 1st of February, 2078 BS. Sushil Bajracharya, who has been with Himalayan General Insurance for 28 years, had been the chief executive...
Read MoreKathmandu. The Confederation of Nepalese Industries (CNI) has protested against the decision of banks and financial institutions to increase interest rates on deposits. The decision by banks and financial institutions to raise interest rates indicates further risk to the economy, the confederation said in a...
Read MoreKathmandu. The Nepal Bankers Association, an umbrella organization of commercial banks, has decided to raise interest rates with effect from February 1. The association's working committee meeting held on Friday has decided to increase the interest rate.It has been decided...
Read MoreKathmandu. Banks and financial institutions can now apply for loans online and take loans online. Nepal Rastra Bank has made such an arrangement as a matter of policy.As per the guidelines, a person who has a salary account in the...
Read MoreKathmandu: Nepal Rastra Bank (NRB) has warned that networking businesses including cryptocurrency are cheating customers. The National Bank of Nepal (NBN) on Tuesday issued a statement saying that most of the networking businesses have been found to be cheating customers in another country by mobilizing...
Read MoreKathmandu. Nepal Telecom has made a net profit of Rs. 3.89 billion. According to the company's public financial statements, profits have increased by 18.50 percent this year. The company had earned a net profit of Rs 3.28 billion in the corresponding period of the previous fiscal...
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