Kathmandu. Seven commercial banks, one infrastructure development bank and one development bank have declared dividend. Of the banks that declared dividend to the shareholders from the last fiscal year's profit, the dividend of Kumari Bank and Nepal Investment Bank has decreased compared to the...
Read MoreKathmandu. Civil Bank is going to open tens of counters targeting the coming decade. The bank is going to open various counters on other days of the decade except the day of Tika on September 15.The bank has opened various...
Read MoreKathmandu. Remittance service of Muktinath Development Bank Muktinath Remit payment can now be taken from the branch offices of ICFC Finance. The agreement between Muktinath Development Bank and ICFC Finance was signed by Til Bahadur Gurung, Assistant Deputy Chief Executive Officer of Muktinath Development Bank...
Read MoreKathmandu. Sanima Bank Limited has expanded three new branches. The bank has expanded its banking services by setting up bank offices in Jitpur of Kapilvastu, Madhya Baneshwor of Kathmandu and Bode of Bhaktapur.The Jeetpur office was jointly inaugurated by Bishnu...
Read MoreKathmandu. Prime Minister Sher Bahadur Deuba has expanded the cabinet. There are 11 new faces in the newly formed cabinet. There are six women in the newly formed cabinet. The newly appointed ministers have been administered the oath of office and secrecy by President Vidyadevi...
Read MoreKathmandu. Prime Minister Sher Bahadur Deuba has expanded the cabinet on 8 October 2021(22Ashoj 2078). According to the expanded cabinet, Rajendra Prasad Shrestha, Federal Affairs and General Administration, Virodh Khatiwada, Health and Population, Dr. Minendra Prasad Rijal, Raksha Umakant Chaudhary, Drinking Water, Renukumari Yadav,...
Read MoreKathmandu. The government has dismissed Bhishma Raj Dhungana, chairman of the Nepal Securities Board. The cabinet meeting held on Tuesday decided to dismiss Dhungana, who was involved in the best cement share case.Dhungana was accused of buying the shares of the...
Read MoreKathmandu. Six persons involved in the murder of Sanam Shakya in a 33 kg gold smuggling case have been sentenced to life imprisonment. The district court in Morang has sentenced Chudamani Upreti, the main accused in the gold smuggling and Sanam murder case, to life...
Read MoreKathmandu, Ashok Shamsher Rana, CEO of Himalayan Bank and chief executive officer of Himalayan and Nepal Investment Bank, which will be formed after the merger, said that the merger would not be affected by the recent ups and downs of the board of directors and...
Read MoreKathmandu. Rastriya Banijya Bank has expanded seven new branch offices. Balambu Branch Office at Chandragiri in Kathmandu District, Thali Branch Office at Nageshwari Manohara, Thaiv Branch Office at Godavari in Lalitpur District, Kamal Binayak Branch Office at Kamal Binayak in Bhaktapur District, Madi Branch Office...
Read MoreKathmandu. The active deposit account of banks and financial institutions in Nepal has reached 109 percent. According to Nepal Rastra Bank, the total number of listed deposit accounts has reached 33.26 million as of last July, which is 9 percent more than the population projected...
Read MoreKathmandu. Standard Chartered Bank has proposed a total dividend of 13.06 percent from the profits of the last fiscal year 077/78. The meeting of the Board of Directors of the bank has proposed to distribute 10 percent bonus share and 3.6 percent cash dividend including...
Read MoreKathmandu. Governor of Nepal Rastra Bank Maha Prasad Adhikari has administered oath of office and secrecy to newly appointed Chairman of Himalayan Bank Limited Prachanda Bahadur Shrestha.Chairman Shrestha has been reinstated as the chairman of the bank after taking oath....
Read MoreKathmandu. Chairman of Civil Bank Ichchha Raj Tamang has been arrested. He was arrested by the Central Investigation Bureau (CIB) of Nepal Police.Tamang has been arrested on the charge of embezzling the money kept by the depositors in the Civil...
Read MoreKathmandu: Nepal Investors Forum has demanded immediate repeal of the Rs 120 million limit on share pledge loans. The forum has demanded immediate rectification of the decision saying that the capital market has been hit hard due to the short-sighted decision of the officials in...
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