Category/exclusive-news (Total Articles : 2595 )
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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Tata Tigar EV based on Ziptron technology enter in Nepal
KATHMANDU: Tata's new electric car 'Tiger EV' is set to enter the Nepali market soon. Sipradi Trading Pvt. Ltd., the official distributor of Nepal for Tata, has informed that Tigar EV will be coming to the Nepali market soon.Tiger EV...
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Savings in banks and financial institutions fell from 54.3 percent to 31.5 percent
Kathmandu. The share of term deposit, which was 47 percent in 2078 BS, has reached 54.3 percent by mid-2078 BS. The share of savings has dropped from 54.3 percent to 31.5 percent. The share of current and savings in bank deposits seems to be declining....
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Chilime Hydropower earned the highest profit Out of 10 hydropower companies
Kathmandu. Of the 45 hydropower companies listed on the stock exchange, only 10 have so far released their financial statements for the second quarter.The highest profit this year has been earned by Chilime Hydropower. Chilime Hydropower has the highest share...
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Forward microfinance profits and EPS highly raised with Five microfinance including Diprox and NIC Asia
Kathmandu. The average profit of microfinance institutions has increased by 49 percent in the first six months of the current fiscal year. The average net profit of microfinance institutions increased by 48.97 percent in the first six months of the current fiscal year compared to...
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NRB new circular more than 7 lakh cash transactions details of individuals
Kathmandu. Nepal Rastra Bank (NRB) has demanded details of individuals and entities doing cash transactions in banks and financial institutions. In a statement issued on Tuesday, the National Bank of Nepal (NBN) said that it had sought such details from the Asset Laundering Monitoring Unit...
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Krishna Bahadur Karki appointed CEO of Nepse
Kathmandu. Krishna Bahadur Karki, former employee of the Ministry of Energy, Water Resources and Irrigation and coordinator of Budhiganki Hydropower Project has been appointed as the CEO of Nepal Stock Exchange (NEPSE). According to a source, the cabinet meeting has appointed Karki as the CEO...
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The Ministry of Finance will not payment for Corona insurance, Rs 11 billion burden to the Insurance sector
Kathmandu. The Ministry of Finance has directed the Insurance Committee to reconsider the payment option of Corona Insurance. The Ministry of Finance has sent a letter to the committee to reconsider four months after the committee gave the option to pay the corona insurance claim.
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National Hydropower to pay dividend this year
Kathmandu. Investors have been attracted to buy shares of National Hydropower in the last trading day. The highest amount of shares of the company was bought and sold on Tuesday. On that day, the company's Rs. A total of 955,270 shares worth Rs 391.41 million...
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Memorandum of Understanding between NRB and IFC on Psychometric Scoring
Kathmandu. A Memorandum of Understanding (MoU) has been signed between Nepal Rastra Bank and the International Finance Corporation (IFC) to test a method of assessing a potential debtor based on individual capacity, behavior, style and qualifications in Nepal's financial sector. It is expected that the...
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