Kathmandu. Insurance companies have sold 2.74 billion insurance policies in the first month of the current fiscal year. The insurance sector details made public by the Insurance Committee show that 2.74 billion insurance policies were sold in the first month of the current fiscal year.
Read MoreKathmandu. Eight national level development banks are facing stiff competition. According to the financial statements of the fourth quarter of the last fiscal year 2077/78, the competition of all the eight development banks has increased. The average dividend capacity of all the eight development...
Read MoreAlpine Card Service, Alpine Finco International, Hras International and Yaksha Investment Pvt. The directors of the companies Mirnalini Giri, Rabindra Bahadur Malla and Pranju Malla have been blacklisted. The company was managing international payment cards (including Visa, MasterCard). Currently, such cards are being managed by...
Read MoreKathmandu. The Nepal Stock Exchange (NEPSE) fell by double digits on Tuesday, the first trading day of the year. Nepse has decreased by 55.89 points and stopped at 3125.01 points. 16.12 billion. Insurance groups traded increased while all other groups declined.
Read MoreKathmandu. Chief Executive Officer (CEO) of Nepal Stock Exchange (NEPSE) Chandra Singh Saud has resigned.CEO Saud was embroiled in controversy after he bought shares in the same company in his wife's name while he was in the process of building...
Read MoreKathmandu. The value of the cryptocurrency Bitcoin has reached 50,000 dollar after 3 months.With the rise in the price of Bitcoin, the morale of investors has risen. The price of Bitcoin rose nearly 2 percent to 50,249.15. Which is the highest...
Read MoreThe MACD line has clearly cut the signal line from the top some time ago. Histograms have also been negative. This means that sales pressure is high in this sector.The state of the development bank is clearly still bullish (see...
Read MoreThe state of the development bank is clearly still bullish (see Green Arrow). Histograms have been positive. This indicates that buyers are gaining ground in the sector and that demand is likely to remain high this week.There has not been...
Read MoreKathmandu. As of mid-June of the last fiscal year, the number of deposit accounts has reached 36.36 million. A study report on financial access made public by Nepal Rastra Bank has shown these figures. The study has shown that the number of loan accounts is...
Read MoreKathmandu. The premium of Rastriya Bima Sansthan can be done through digital payment. For digital payments, the corporation has entered into an agreement with Nepal Clearing House regarding digital payments through Connect IPS. As per the agreement, the insurance fee can now be paid through...
Read MoreKathmandu. Tulasi Prasad Gautam, as the chief administrator of the Employees' Provident Fund, has been kick out. A meeting of the cabinet on Thursday dismissed Gautam, who is also the chairman of Himalayan Bank.Gautam The then Prime Minister KP Sharma...
Read MoreInterest rate of the loan by adding the risk premium of the loanKathmandu, The base rate is the rate calculated by including the elements that can be clearly identified in determining the interest rate of the loan. In which the...
Read MoreKathmandu. Commercial banks have reduced the base rate in the last fiscal year 2077/78. The 27 operating commercial banks have declined by 1.61 percent compared to the previous year.The base rate of these banks was 8.50 percent in mid-July of...
Read MoreKathmandu. Discussions on a merger between Bank of Kathmandu (BOK) and Global IME Bank have intensified.According to a Bank of Kathmandu operator, informal discussions have taken place between the directors and responsible officials of both the banks. According to a...
Read MoreKathmandu. 27 commercial banks have already made public their financial statements for the fourth quarter of the last fiscal year. Rastriya Banijya Bank, Krishi Vikas Bank and Nepal Bank have been leading in some indicators in the fourth quarter of the last fiscal year. Rastriya...
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