Category/exclusive-news (Total Articles : 2595 )
Ragun Khadka arrested for banking fraud case
Kathmandu. Police have arrested a fugitive from Bhimsengola in Kathmandu being found guilty of banking offenses and sentenced to millions of rupees in fines and imprisonment. Ragun Khadka, 38, of Hetauda in Makwanpur and a resident of Kshetrapati in Kathmandu has been arrested after the High Court imposed a fine...
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Nabil, NIC and Global Bank Competition in QR Services
Kathmandu. About Rs 6.5 billion has been disbursed through QR codes of 24 commercial banks in January. According to Nepal Rastra Bank, the QR code of 24 commercial banks has been transacted 1.244 million times in January.A total of Rs...
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Progressive Finance passed 6 percent dividend passed by 25 the AGM
Kathmandu. The 25th Annual General Meeting of Progressive Finance Limited concluded on Wednesday. The General Assembly has passed a resolution to distribute 6 percent bonus shares from the profits of the Fiscal Year 2077/78 and 0.3158 percent cash dividend for tax purposes.
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Why Mortgage of investors Share Asset of Himalayan and Nepal Investment Bank ? When will be Release ?
Kathmandu. The merger between Himalayan Bank and Nepal Investment Bank, which had been in the process for a long time, broke down. The merger process between the two banks has failed after the annual general meeting of Himalayan Bank on January 12 rejected the merger...
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To Maintain Capital Growth of Life Insurance of Nepal : How Many Right Shares should be Issue
Kathmandu. Like non-life, life insurance companies have to increase their paid up capital. According to the Insurance Committee, the regulatory body, life insurance companies have to raise a minimum capital of Rs 5 billion.Until now, the minimum capital of life...
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Deposits of commercial banksof Nepal has increased by Rs 11 billion
Kathmandu. Deposit collection of commercial banks has improved. Deposits of commercial banks have increased by Rs 11 billion in a year. According to the Nepal Bankers Association, the deposits of commercial banks have increased by Rs. 11 billion in the period from March 29 to...
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Ward Chairman Surendra Prasad Jaiswal arrested in banking Fraud case
Kalaiya. Bara Police have arrested Surendra Prasad Jaiswal, Ward Chairman of Kalaiya Sub-Metropolis-14. Police spokesperson Rajesh Thapa informed that the ward chairman was arrested from Kalaiya Bazaar on the charge of swindling Rs.Spokesperson Thapa informed that the district court has...
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Nabil Bank Launches Basanti Inspirational Character Campaign
Kathmandu. Based on the real life of Basanti Pariyar, who managed to survive the acid attack, Nabil Bank has launched a social awareness campaign. Basanti Pariyar is one such woman who was attacked not only by acid but also by six times with the intention...
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Bank of Kathmandu started helpline Service
Kathmandu. Bank of Kathmandu Limited has launched helpline service with the objective of providing excellent banking services and facilities to its valued customers.The Bank has set up a helpline to assist its customers in accessing information and services of the...
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NRB Amendment to refinancing system, Interest Rate Up to 7 percent
Kathmandu. Nepal Rastra Bank (NRB) has changed the concessional refinancing arrangements for the Kovid-19 epidemic. The interest rate on refinancing has gone up from 5 percent to 7 percent.NRB has raised the interest rate on refinancing of small, home and...
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Liquidity Crisis in banks and financial institutions
Kathmandu. Despite the lack of liquidity in banks and financial institutions, the real estate business has not been affected. Looking at the details of last month, is there any lack of liquidity in banks and financial institutions? It seems like a fact.
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21 billion deposits and 13 billion credit flow to commercial banks of Nepal Falgun Month 2079
Kathmandu. In March, there was a significant improvement in the deposit collection of commercial banks. Deposits of commercial banks have increased by Rs 21 billion this month. According to the Nepal Bankers' Association, Rs. The increase in deposits had reached Rs 4.312 trillion in commercial...
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Citizens Bank launches e-KYC Service
Kathmandu. Citizens Bank International Limited has launched e-KYC service. The bank has launched e-KYC service on the occasion of its 15th anniversary by expanding the digital banking service by ending the obligation to physically attend the bank and update the KYC.
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CIT (Citizen Investment Fund) 32nd Anniversary Successfully Completed
Kathmandu. The 32nd anniversary celebration program of the Citizens Investment Fund has been completed. The fund celebrated its annual festival under the chief hospitality of Finance Minister Janardan Sharma Prabhakar.The chief guest of the program and Finance Minister Sharma said...
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CBFIN and ADB to work together for a self-reliant economy in Nepal
Kathmandu. The Manila-based delegation led by the Confederation of Banks and Financial Institutions Nepal and the Asian Development Bank's short visit to Nepal have expressed willingness to work with CBFIN to strengthen the financial sector, facilitate access to credit to local and productive industries and...
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