Category/exclusive-news (Total Articles : 2499 )
Bankers and insurers honored by the government
Kathmandu. The government has honored various bankers and insurers on the occasion of Constitution Day. On the occasion of the constitution, the government has awarded medals to various bankers, insurers and chartered accountants.Among the honorees are Nabil Bank Chairman Upendra...
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Deputy CEO of Mega Bank, Ravina Deshraj Shrestha, awarded by Prabal JanasewaShree
Kathmandu. Meena Bank Nepal's Deputy Chief Executive Officer (Deputy CEO) Rabina Deshraj Shrestha has been decorated on the occasion of Constitution Day.Deputy CEO Shrestha has been working at Mega Bank since its inception. She has previously won four international awards,...
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Commercial banks and Development bank raised interest rates on deposits, How Much Revised Interest Rate ?
Kathmandu. Commercial banks have increased interest rates on both deposits and loans with effect from September 20. Commercial banks have also raised interest rates on ordinary savings, term deposits and loans.Commercial banks have hiked interest rates on time deposits from...
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Why stock market suddenly fell down 76.65 points ?
Kathmandu. On Thursday, the last trading day of the year, the Nepal Stock Exchange (NEPSE) has declined by a higher number. The NEPSE index fell by 76.65 points to 2,812.39 points. Similarly, the turnover was Rs. 9.33 billion.According to Nepse,...
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NRB is issuing repo of Rs. 20 billion to facilitate liquidity management
Nepal Rastra Bank (NRB) is going to issue repo for a period of 14 days equal to Rs. As the liquidity management in the banking system has been facing problems for the past few weeks, the NRB is about to inject liquidity into the banking...
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Nabil Bank has brought Nabil Cash Machine
Nabil Bank is going to use new technology to eliminate the hassle of having to deposit money sitting in line. Just as we used to sit in line at the bank for hours to withdraw money when there was no ATM, now we have to...
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The revised budget is welcomed to the stock market and goes to Bullish Trend
Kathmandu. The stock market, which has been on a continuous journey for several years, rose by 71.43 points on Sunday. The stock market rose by 71.43 points to 2947.42 points on Sunday. The market grew by 2.48 percent. A total of Rs 9.44 billion has...
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Century Bank launches new 'Century Remit Premium Account'
Kathmandu. Century Commercial Bank has launched a new savings account 'Century Remit Premium Account' keeping in mind the demands of its customers. The account with a minimum balance of Rs 1,000 will be paid quarterly interest at the rate of 5.50 percent per annum.
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Online Demat account can be opened in Machhapuchhre Bank
Kathmandu. Machhapuchhre Bank Limited has brought in the facility of opening demat account through online keeping in view the convenience of the customers. Machhapuchhre Bank, which has been providing all the facilities related to share application including demat for a long time, has brought the...
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The government has brought Rs. 1,632.83 billion revised budget
The government has revised the budget for the current fiscal year 078/079.Modifying the budget number brought by the budget ordinance, the government has brought a budget replacement bill of Rs. 1,632.83 billion.Finance Minister Janardan Sharma...
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The TR loan limit to 90 days
Kathmandu. Nepal Rastra Bank has reduced the limit of Trust Receipt Loan (TR Loan) to 90 days. Nepal Rastra Bank (NRB) on Thursday issued a circular lowering the limit of TR loans given by banks and financial institutions to 90 days. After that, the loan...
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Why 34 companies share Trading banned in NEPSE ?
Also 148 were removed from the listingKathmandu. Shares of 34 companies listed by the Nepal Stock Exchange (NEPSE) have been blocked.The companies listed in Nepse are currently divided into 13 groups. Among them, KNEPS has...
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Standard Chartered is setting up a 'digital bank' in Singapore
Kathmandu: Standard Chartered PLC, a British multinational company, is set to set up a digital bank in Singapore. The virtual-only bank has signed an agreement with Singapore's largest trade union, the National Trade Union Congress (NTUC). Chartered will own 60% of...
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Why The Share market declined by 104 points Again ?
Kathmandu. NEPSE fell by 44 points on Tuesday and by 60 points on Wednesday. On Wednesday, the Nepse index decreased by 60.02 points and stood at 2876.59 points. Shares worth more than Rs 6.64 billion have been traded. When the news of a telephone conversation...
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Merger Agreement of Bank of Kathmandu and Global IME Bank
Kathmandu. It has been revealed that an agreement has been reached between Bank of Kathmandu (BOK) and Global IME Bank to merge. According to a source close to Bank of Kathmandu, a merger agreement was signed between the two banks on July 13.
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