Category/exclusive-news (Total Articles : 2595 )
Governor Maha Prasad Adhikari has Stay order from the Supreme Court
Kathmandu. Suspended Governor of Nepal Rastra Bank Maha Prasad Adhikari has received an Stay order from the Supreme Court. The order came while hearing a writ petition filed by suspended Governor Maha Prasad Adhikari of the suspended Nepal Rastra Bank on Tuesday. A single bench...
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Prabhu Insurance to increase its capital to Rs 2.5 billion by issuing rights shares
Kathmandu: The bonus share of Prabhu Insurance has been passed. The general meeting held on Wednesday, April 12, approved the proposed 11% bonus share and 0.58% cash dividend for tax purposes. The General Assembly was held at Prabhu Complex, Tinkune, Kathmandu. As it has been...
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Dr. Gopal Prasad Bhatt appointed Independent Director of Nepal SBI Bank
Kathmandu. Nepal SBI Bank has appointed Dr. Gopal Prasad Bhatt has been appointed. A meeting of the board of directors of the company held on April 12 informed through Nepse that the vacant post of independent director has been appointed for the next four years.
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We are not in Sri Lanka Path, but if We careless same way may be soon, Sri Lanka _ Rameshwor Khanal
Kathmandu. The government's financial position is still good. Our revenue is sufficient to pay the principal and interest of foreign loans. This time, the principal and interest of the loan that Nepal has to repay is around Rs 45 billion. We have over one trillion...
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Mega Bank's Acting CEO Ravina Deshraj honored with the Prabal Janasewa Shree Award
Kathmandu. Rabina Deshraj Shrestha, Acting Chief Executive Officer (CEO) of Mega Bank Nepal has been decorated. In a special ceremony held at Rashtrapati Bhawan, President Vidyadevi Bhandari conferred the award on Acting CEO Shrestha.The Government of Nepal, Council of Ministers...
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Kumari Bank has brought a double Deposit Account Scheme
Kathmandu. Kumari Bank has introduced term deposit called 'Kumari Double Dhamaka'. The bank has brought this explosion on the occasion of New Year 2079. The bank has stated that the amount deposited in the deposit will double in 7 years and the interest received will...
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Share Market : Lack of liquidity creates stress for Investors
Kathmandu. This year has been known as a year of joy and sorrow for stock investors. The Nepse index crossed 3200 points, encouraging investors, while the lack of liquidity created tension towards investors towards the end of the year. The recent downturn in the market...
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Machhapuchhre Bank starts 24 hours Banking services
Kathmandu. Machhapuchhre Bank has started operating its customer service center 24 hours a day and 7 days a week on the occasion of New Year 2079 BS. The bank, which has been setting various trends in the banking sector with new smart facilities, has made...
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Agreement between Nabil Bank and Heffer International Nepal for promoting women entrepreneurs and small farmers
Kathmandu. An agreement has been signed between Nabil Bank Limited and Heffer International Nepal with the objective of promoting entrepreneurship, financial literacy and financial access to women entrepreneurs and small farmers.On behalf of Nabil Bank, Chief Executive Officer Anil Keshari Shah...
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10 billion promoter shares in 99 companies of 27 commercial banks of Nepal
Kathmandu. Commercial banks have increased their investments in various companies. Along with Core Banking, commercial banks have increased their investments in insurance, microfinance and merchant banks as promoter shares. According to the annual report of the banks for the last fiscal year 2077/07, 27 commercial...
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Dollar reserves 6 months 21 days for Imports in Nepal
Kathmandu. Statistics show that foreign exchange reserves are not low. According to the data published by Nepal Rastra Bank, Nepal still has foreign exchange reserves for 6 months and 21 days. According to Nepal Rastra Bank, foreign exchange reserves stood at Rs 1.171 trillion as...
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IME-Pay CAN Infotech 2022 to be held from April 20 to 25
Kathmandu. IME-Pay Can Infotech 2022 is scheduled to be held at Bhrikuti Mandap, Kathmandu from April 20 to 25. Prime Minister Sher Bahadur Deuba will inaugurate the 27th edition of CAN Infotech organized by Federation of Computer Association Nepal (CAN), said President...
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Why suspend to Governor Maha Prasad Adhikari ?
Kathmandu. The government has suspended NRB Governor Maha Prasad Adhikari. According to a Finance Ministry source, Deputy Governor Neelam Dhungana has been given the charge. An unofficial team of ministers was formed to study the governor as there were serious allegations of leaking information on...
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Banks Deposits increased 5 billions with in a day
Kathmandu. Lately, the lack of investable funds (liquidity) in banks and financial institutions has been increasing. Due to lack of liquidity, banks and financial institutions are now unable to provide new loans. According to Nepal Rastra Bank, the CD ratio of commercial banks is 90.58...
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Inflation is under pressure in the world and to sustain for reserves support only six months in Nepal _ Gunakar Bhatta
The basis of Nepal's economy is not so weak, the current problem can be addressed _ Dr. Gunakar BhattaKathmandu. Executive Director and Spokesperson of Nepal Rastra Bank Dr. Gunakar Bhatta has made it clear that the state of Nepal's...
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