Category/exclusive-news (Total Articles : 2499 )
Chairman out of contact more than Rs 8 million Amount from cooperatives
Kathmandu. Rajendra Khanal (Damak-8 in Jhapa), the founding chairman of Triganga Agricultural Cooperative out of contact from the past three months. It has been revealed that Khanal, 52, a resident of Damak-8, has been absconding since last November with a loan...
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FNJ calls for postponement of New interest rate on deposits
Kathmandu. The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has demanded immediate postponement of the decision to increase interest rates on deposits. As soon as the decision to raise interest rates on deposits was made public, the federation strongly objected and demanded immediate...
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Samridhi Finance and Kumari Bank has Remittance service agreement
Kathmandu. A remittance agreement has been signed between Samridhi Finance and Kumari Bank Limited. On behalf of Finance, Chief Manager Binod Raj Poudel and Kumari Bank signed the agreement. It was signed by Chief Executive Officer Ram Chandra Khanal.Following this...
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Why is the stock market constantly declining ?
Kathmandu. Experienced and active investors say that the current market correction is due to the liquidity crisis in the economy. "Bank interest rates are also rising due to increasing liquidity. Banks are not in a position to invest more. Due to the correction...
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Prabhu Pay belongs to Phone Pay Network
Kathmandu. Prabhu Pay has joined PhonePay Payment Services Limited, which is operated by Prabhu Technology. Prabhupe has joined the PhonePay network after signing a memorandum of understanding between the payment system operator FonPay Payment Service and PrabhuPe, a program run by Prabhu Technology.
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100 percent margin should be kept on 45 out of 47 imported items in Nepal
Kathmandu. Nepal Rastra Bank has tightened the import of 47 items. It has been decided to keep 100 percent margin while importing most of the goods. In a statement issued on Wednesday, the National Bank of Nepal (NBN) said that only 50 percent margin should...
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Remittance inflows declined by 5.5 percent in Nepal
Kathmandu. In the first six months of the current fiscal year, remittance inflows have declined by 5.5 percent in Nepali Rupees and 6.2 percent in US Dollars. This is seen in the current economic and financial situation of the country for the first six months...
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Cryptocurrency being used to make 'black money to white' How ?
Kathmandu. The use and transaction of cryptocurrency has been increasing globally in the last decade. Nepal Rastra Bank has stated that it has received information that Nepalis at home and abroad are also involved in its business or related investments.According...
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Nabil Investment Banking brings free service offer
Kathmandu. Nabil Investment Banking Limited, on the occasion of its tweveth anniversary, has stated that it will provide a complete discount on the annual fee for those who wish to enter the stock market and receive investment management services for twelve months (one year).
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Acting CEO And Deputy CEO Resigned From The Kumari Bank
Kathmandu. Kumari Bank's Acting Chief Executive Officer Anuj Mani Timalsina and Deputy Chief Executive Officer Manish Timalsina have resigned. Both of them have taken voluntary retirement in consultation with the Board of Directors of the bank.The Board of Directors had...
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MetLife is the world's best insurance companies of Fortune Magazine's list
Kathmandu. MetLife is one of Fortune Magazine's 2022 Most Admired Insurance Companies. According to MetLife, the annual report cards of the admirable companies included eight life insurance companies. Fortune teamed up with a global organizational consulting firm called Kern Pheri to identify the companies with...
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Banks are ready to 'compromise' on profits but NRB must reforms to policy
Kathmandu. The Confederation of Banks and Financial Institutions (CVIFIN) has concluded that the unnecessary policy arrangement of Nepal Rastra Bank has also shown liquidity problem. This is the conclusion reached by the study task force on liquidity shortage formed by CVIFIN.
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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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