Kathmandu. The average profit of a commercial bank has been 11.64 percent in the first six months of the current fiscal year. However, this is only for 23 commercial banks. The remaining four commercial banks have not made their financial statements public. According to the...
Read MoreKathmandu. Nepal Rastra Bank (NRB) has adopted a 'work from home' policy after the outbreak of corona virus, which has spread like a global epidemic, started increasing again. Nepal Rastra Bank has directed to provide all services and facilities from home except essential.
Read MoreKathmandu. The Insurance Committee has decided to keep deposits in banks. The committee issued a notice asking the Commerce and Development Bank, which wants to make a deposit within seven days, to submit a sealed bid letter along with the tariff and financial details.
Read MoreKathmandu. Nepal Rastra Bank has issued guideline 2078 on corporate social responsibility of financial institutions. The bank released the draft on Monday. The main objective of this guide is to spend a certain portion of the profits of banks and financial institutions under corporate social...
Read MoreKathmandu. Kathmandu Valley has become a hotspot for corona virus (Covid-19) infection. Corona infection was confirmed in 4961 people across the country on Sunday, of which more than two-thirds are in Kathmandu Valley alone.According to the Ministry of Health and...
Read MoreKathmandu. Everest Bank ‘Everest Bank Ltd. Debenture 2086 'is to be issued. The bank is about to issue the same amount of bonds as soon as the Nepal Securities Board gives its approval.The bank will open the issuance and sale...
Read MoreKathmandu, As per the decision of the government, booster dose vaccine against corona has been started. The booster dose will be made available to frontline workers in the first phase by the Ministry of Health. According to the Health Office, Kathmandu, booster doses can be...
Read MoreKathmandu, The government has issued an order on prevention...
Read MoreKathmandu: Newly appointed spokesperson of the Nepal Army Narayan Silwal has said that the main objective of the army and journalism is to promote the interest of the nation and the people. He said that the two sides could move forward on the basis of...
Read MoreKathmandu. Merger agreement has been broken between two big banks, Nepal Investment Bank and Himalayan Bank. The special proposal regarding the merger has been rejected by the general meeting of Himalayan Bank.Ashok SJB Rana, chief executive officer of the bank's...
Read MoreKathmandu. The 37th Annual General Meeting of Nabil Bank Limited has been concluded. The meeting was held in Kathmandu under the chairmanship of Upendra Prasad Poudel. The meeting passed a resolution to distribute 38 dividends (33.605 bonus shares and 4.40 cash dividend) from the profits...
Read MoreKathmandu. Nabil Bank and Nepal Bangladesh Bank have agreed to merge. For the merger, an agreement has been reached to have 43 shares of Nabil Bank equal to 100 shares of Nepal Bangladesh Bank. A Nabil Bank source said that some practical issues were verbally agreed...
Read MoreKathmandu, Subash Bhandari has been elected as the chairman of the Himalayan Bank Employees Union from the 2078 election. A new 11-member working committee including Bhandari has been formed in the organization. The online election of the employees' union was held on the 22nd Poush...
Read MoreKathmandu. The World Bank has projected that Sri Lanka, Pakistan and Nepal will be among the lowest achieving economies in the current fiscal year. Announcing the first projection of 2022, the World Bank has estimated that Nepal will achieve an economic growth rate of 3.9...
Read MoreKathmandu: In the last 24 hours, 3,075 people have been infected with covid in Nepal. According to the Ministry of Health, PCR and antigen tests were performed on 13,036 people and 13,075 people tested positive.Similarly, 278 people have been infected...
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