Kathmandu. The Inland Revenue Department has handed over a letter of commendation to Nabil Bank, which has collected the highest corporate tax among banks and financial institutions in the fiscal year 2076-2077 BS.The bank had paid Rs 1.67 billion in...
Read MoreKathmandu. Nabil Bank has launched 'Premium Remittance Savings Account' under the personal savings account for Nepali citizens in foreign employment. Savings account can be opened by keeping the remittance amount received from the banking system in deposit. Customers will be able to open this account...
Read MoreKathmandu. Kamana Sewa Vikas Bank has joined the first phase of National Payment Switch launched by Nepal Clearing House Limited (NCHL). An agreement in this regard was signed between Kamana Seva Vikas Bank and NCHL today. The MoU signing ceremony was attended by Governor Maha...
Read MoreKathmandu. Bank of Kathmandu Limited has started the process of remittance payment by signing an agreement with Modern Remittance Practice regarding remittance payment services received from home and abroad. In this regard, the Bank aims to provide remittance services to different parts of Nepal from...
Read MoreKathmandu. Nepal Rastra Bank (NRB) has tightened its share-based credit through monetary policy for the current fiscal year. An individual and a company can take up to Rs 40 million from a bank in a share-based loan and banks and financial institutions cannot take more...
Read MoreKathmandu. An agreement has been reached between NCHL and 29 banks and financial institutions on November 20 for the launch of the first phase of National Payment Switch (NPS) being implemented by Nepal Clearing House. Representatives of NCHL and related banks and financial institutions exchanged...
Read MoreKathmandu. The 16 listed development banks have already made public their financial statements up to the first quarter of the current fiscal year. According to the unrevised financial statements of those banks up to that period, 13 banks are in net profit and three banks...
Read MoreKathmandu. The 362nd meeting of the Board of Directors of Civil Bank Limited has unanimously elected Director Pratap Jung Pandey as the Chairman of the Board of Directors. After being elected as the Chairman of the Bank, Pratap Jung Panda thanked all the directors for...
Read MoreKathmandu. Gas has come out while digging water borehole in Kageshwari Manhara of Kathmandu. The gas leaked while digging a borehole near the vegetable market at Sundarchowk of Kageshwari Manhara 9 on Wednesday. The locals were digging a borehole to manage the water needed to...
Read MoreKathmandu. Most commercial banks have announced new interest rates. Out of 27 commercial banks, the maximum interest rate of 13 commercial banks is 10.05 percent.After the central bank issued a new directive on interest rate hike for banks and financial...
Read MoreKathmandu. V.S. Nepal Bank Limited, the oldest bank in Nepal, which was established on November 12, 1994, has organized a blood donation program at the central office premises on the occasion of the 85th anniversary of the bank. Among the various...
Read MoreKathmandu. Stating that there is no serious and specific reason for lack of liquidity in the market recently, Finance Minister Janardan Sharma said that there is no need to panic now. Similarly, the NRB stressed on the need to move ahead by revising the policy...
Read MoreKathmandu. An agreement has been signed between Himalayan Bank Limited and Nepal Clearing House Limited. An agreement has been reached to provide state-of-the-art digital payment services to the customers by operating NEPALPAY QR in the first phase by joining the National Payment Switch brought into...
Read MoreKathmandu. Nepal Rastra Bank has instructed Himalayan Bank not to distribute the proposed cash dividend until a written commitment of merger is made. Although the NRB has approved the dividend as proposed by the Himalayan Bank, it has asked for a written commitment to conclude...
Read MoreKathmandu. Nepal Rastra Bank has instructed Himalayan Bank not to distribute the proposed cash dividend until a written commitment of merger is made. Although the NRB has approved the dividend as proposed by the Himalayan Bank, it has asked for a written commitment to conclude...
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