Category/exclusive-news (Total Articles : 2472 )
In NIC Asia Bank's 'Best Savings Account' Insurance up to Rs 8.4 million
Kathmandu. NIC Asia Bank has added the highest interest rate since November 1, 2078, with three insurance-related benefits. The bank has stated that there are a total of 24 best benefits in the scheme including three loan related benefits and 18 other incomparable best benefits.
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'NIBL Gajjab 6 Term Account', 90% loan for term deposit available
Kathmandu. Nepal Investment Bank Limited has launched 'NIBL Gajjab 6 Term Account'. The bank has come up with this scheme on the occasion of its 36th anniversary. The Bank is confident that this scheme will be helpful in fulfilling the financial burden, medical treatment, educational...
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Citizens Bank launches 'Citizen Hall Center' service
Kathmandu. Citizens Bank has launched a call center service to cater to the growing need for digital banking. The bank said that customers of the bank, which has been in operation since Sunday, can contact their customer service representatives and raise their banking queries and...
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Tata Tigar EV based on Ziptron technology enter in Nepal
KATHMANDU: Tata's new electric car 'Tiger EV' is set to enter the Nepali market soon. Sipradi Trading Pvt. Ltd., the official distributor of Nepal for Tata, has informed that Tigar EV will be coming to the Nepali market soon.Tiger EV...
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Savings in banks and financial institutions fell from 54.3 percent to 31.5 percent
Kathmandu. The share of term deposit, which was 47 percent in 2078 BS, has reached 54.3 percent by mid-2078 BS. The share of savings has dropped from 54.3 percent to 31.5 percent. The share of current and savings in bank deposits seems to be declining....
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Chilime Hydropower earned the highest profit Out of 10 hydropower companies
Kathmandu. Of the 45 hydropower companies listed on the stock exchange, only 10 have so far released their financial statements for the second quarter.The highest profit this year has been earned by Chilime Hydropower. Chilime Hydropower has the highest share...
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Forward microfinance profits and EPS highly raised with Five microfinance including Diprox and NIC Asia
Kathmandu. The average profit of microfinance institutions has increased by 49 percent in the first six months of the current fiscal year. The average net profit of microfinance institutions increased by 48.97 percent in the first six months of the current fiscal year compared to...
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NRB new circular more than 7 lakh cash transactions details of individuals
Kathmandu. Nepal Rastra Bank (NRB) has demanded details of individuals and entities doing cash transactions in banks and financial institutions. In a statement issued on Tuesday, the National Bank of Nepal (NBN) said that it had sought such details from the Asset Laundering Monitoring Unit...
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Krishna Bahadur Karki appointed CEO of Nepse
Kathmandu. Krishna Bahadur Karki, former employee of the Ministry of Energy, Water Resources and Irrigation and coordinator of Budhiganki Hydropower Project has been appointed as the CEO of Nepal Stock Exchange (NEPSE). According to a source, the cabinet meeting has appointed Karki as the CEO...
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The Ministry of Finance will not payment for Corona insurance, Rs 11 billion burden to the Insurance sector
Kathmandu. The Ministry of Finance has directed the Insurance Committee to reconsider the payment option of Corona Insurance. The Ministry of Finance has sent a letter to the committee to reconsider four months after the committee gave the option to pay the corona insurance claim.
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National Hydropower to pay dividend this year
Kathmandu. Investors have been attracted to buy shares of National Hydropower in the last trading day. The highest amount of shares of the company was bought and sold on Tuesday. On that day, the company's Rs. A total of 955,270 shares worth Rs 391.41 million...
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Memorandum of Understanding between NRB and IFC on Psychometric Scoring
Kathmandu. A Memorandum of Understanding (MoU) has been signed between Nepal Rastra Bank and the International Finance Corporation (IFC) to test a method of assessing a potential debtor based on individual capacity, behavior, style and qualifications in Nepal's financial sector. It is expected that the...
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India going to Issue Digital currency, How does it benefit ?
Agency. Indian Finance Minister Nirmala Sitharaman has made a big announcement through the budget. She directed the central bank (RBI) to start digital currency trading in the fiscal year 2022-2023 through her budget speech.The RBI is working for this. The...
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HIDCL recognized as a financial institution of Nepal
Kathmandu. Nepal Rastra Bank has recognized Hydroelectricity Investment and Development Company Limited (HIDCL) as a bank and financial institution. According to the Department of Banks and Financial Institutions Regulation of the Central Bank, the meeting of the Board of Directors of the bank held on...
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NEPSE Increased by 105 points, A positive circuit in half dozen companies
Kathmandu. On Sunday, the first day of the year, the stock market has seen a surge. The market, which had been on the rise since the start of trading, finally closed up 105 points. The Nepse index, which measures share turnover, rose by 105.55 points...
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