Category/exclusive-news (Total Articles : 2595 )
Bijaya Bahadur Shah appointed chief executive officer of Himalayan General Insurance
Kathmandu. Himalayan General Insurance Company has appointed Vijay Bahadur Shah as its new Chief Executive Officer. He has assumed his charge from the 1st of February, 2078 BS. Sushil Bajracharya, who has been with Himalayan General Insurance for 28 years, had been the chief executive...
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Raising interest rates will not increase deposits in the Banks _ CNI
Kathmandu. The Confederation of Nepalese Industries (CNI) has protested against the decision of banks and financial institutions to increase interest rates on deposits. The decision by banks and financial institutions to raise interest rates indicates further risk to the economy, the confederation said in a...
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Banks deposit interest rates increased by 1 percent
Kathmandu. The Nepal Bankers Association, an umbrella organization of commercial banks, has decided to raise interest rates with effect from February 1. The association's working committee meeting held on Friday has decided to increase the interest rate.It has been decided...
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5 lakh loan can be applied from bank online
Kathmandu. Banks and financial institutions can now apply for loans online and take loans online. Nepal Rastra Bank has made such an arrangement as a matter of policy.As per the guidelines, a person who has a salary account in the...
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Investment in networking business will not get compensation: NRB
Kathmandu: Nepal Rastra Bank (NRB) has warned that networking businesses including cryptocurrency are cheating customers. The National Bank of Nepal (NBN) on Tuesday issued a statement saying that most of the networking businesses have been found to be cheating customers in another country by mobilizing...
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NTC profit increased 18 percent and EPS reached to 52
Kathmandu. Nepal Telecom has made a net profit of Rs. 3.89 billion. According to the company's public financial statements, profits have increased by 18.50 percent this year. The company had earned a net profit of Rs 3.28 billion in the corresponding period of the previous fiscal...
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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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