Kathmandu: The deposit mobilization of commercial banks has increased by Rs 38 billion in one week. According to the Bankers' Association, deposit collection has increased by Rs 38 billion to Rs 42.18 trillion in a one-week period (September 8 to 15). On September 26, the...
Read MoreKathmandu. Machhapuchhre Bank Limited has entered its 22nd year after completing 21 years. On the same occasion, the bank has honored the employees who have been in continuous service for more than 20 years.Today is the last day of the...
Read MoreKathmandu. Finance Minister Janardan Sharma has urged the microfinance institutions to reduce the existing interest rates on loans. Microfinance institutions have been investing in loans at 10 to 15 percent interest rate. Understanding the demand of the Micro Finance Association of Nepal, Minister Sharma was...
Read MoreKathmandu. Revealing the investments made by Nepal's leaders, rich and big businessmen by opening an 'offshore company' and buying and selling shares in a 'tax haven' country where it is considered easy to hide illegally earned money.Evidence has been found...
Read MoreKathmandu. With the receipt of the new price list from the Indian Oil Corporation (IOC), the loss of the Nepal Oil Corporation is expected to increase further. Based on the price list received from IOC on October 1, the corporation has projected a loss of...
Read MoreKathmandu. Outgoing Vice President Pancha Singh will be the chairperson of Akhil Krantikari. Chairman Pushpa Kamal Dahal Prachanda was given the responsibility of choosing the leadership of the National Conference to be held from the 14th of this month.Chairman Prachanda...
Read MoreKathmandu. The merger between Himalayan and Investment Bank has been delayed. A confrontation has been created between the directors and top management of these two banks. Even before the merger, if the two banks merge due to the pressure of the NRB, there is a...
Read MoreFinance Minister Janardan Sharma has given a clear message on the decline of the share market and removal of Maha Prasad Adhikari from the post of governor. He clarified this in a conversation with the representative of Economic Media Society Nepal Emson, an umbrella organization...
Read MoreThe US State Department has announced the registration date for the DV Lottery 2023. The DV lottery can be filled from 12 noon on Wednesday, October 6 to 12 noon on Tuesday, November 9. The State Department has warned that more than one applicant will...
Read MoreKathmandu. The Credit Information Center has stated that 381 industrialists, traders, companies and individuals have been blacklisted in less than two weeks since the beginning of September. The credit information center has blacklisted such individuals and companies for non-payment of loans taken from banks and...
Read MoreKathmandu, Researchers in the UK have found that vitamin A in the nose may be slightly more effective in treating cod patients with loss of sense of smell.The University of East Anglia is conducting a 12-week test on the subject....
Read MoreThe possibility of merging Himalayan and Nepal Investment has increased within a month after the directive of NRB. The operators of these two banks have already started preliminary discussions and preparations for the merger.The main promoters of both Himalayan and Investment...
Read MoreKathmandu. Prachanda Bahadur Shrestha has been appointed as the chairman of Himalayan Bank Limited. The 411th meeting of the Board of Directors of the bank held on October 29 appointed Shrestha as the chairman.Shrestha had earlier held the post of...
Read MoreKathmandu. Nepal Rastra Bank has started tightening the foreign exchange rate. As the balance of payments is in deficit and foreign exchange reserves are under pressure, the banking department of NRB has started giving verbal instructions to call representatives of banks and financial institutions to...
Read MoreKathmandu, The profits of most financial institutions have increased 2077/078 fiscal year . According to the published financial statements of the last fiscal year, the income of finance companies operating in Nepal has also increased.During the review period, the income...
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