Category/exclusive-news (Total Articles : 2499 )
Monetary policy 2078 : CD ratio 90 percent and CCD is out
Kathmandu. Nepal Rastra Bank (NRB) has removed the provision for capital loan deposit (CCD) ratio for banks and financial institutions. NRB is going to make such policy arrangement saying that more capital is needed in the economy.The monetary policy stipulates...
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SBI Bank wins 'Best Corporate Banking Solution Nepal Award'
Kathmandu. Nepal SBI Bank has received the 'Best Corporate Banking Solution Nepal Award 2021'. The award was presented to the bank by London-based Capital Finance International (CFI CO).The award is given annually by the CFI CO on the basis of...
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Monetary policy: Bumper 'offer' to banks and financial institutions for big merger
Kathmandu. Nepal Rastra Bank is going to provide nine different types of facilities to banks and financial institutions for merging.Monetary policy has encouraged banks and financial institutions to merge for sustainable and inclusive development of the financial sector and increase...
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Monetary policy: A single bank can lend up to Rs 2 billion
Kathmandu. Banks and financial institutions have to provide loans at easy interest rates for industrial promotion.The monetary policy of the current fiscal year released by the central bank today will allow an additional two percent premium to be added to...
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Banks will be able to invest up to 5 lakh loans to farmers through cooperatives
Kathmandu. Nepal Rastra Bank has made arrangements for banks and financial institutions to disburse loans to farmers through cooperatives. Through the monetary policy of the current Fiscal Year, the banks have made arrangements to provide indirect credit to the farmers.Arrangements...
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India's cabinet approves LIC's IPO
Agency. India's Union Council of Ministers has approved the IPO of the country's largest insurance company (LIC). Following the IPO approval, a committee headed by Union Finance Minister Nirmala Sitharaman will now decide on the size and price of the IPO. At present, the Government...
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Share collateral loan up to a maximum of Rs 120 million
Kathmandu. Nepal Rastra Bank has made an arrangement for an institution or an individual to get a share pledge loan limit of up to Rs. 120 million at most. Such loans will be available from a bank only up to a maximum of Rs 40...
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Mega Bank increased net profit by 45.16 percent
Mega Bank Nepal Limited has disbursed Rs. It has made a net profit of over Rs 2.30 billion. According to the financial statement of the public bank, the net profit increased by 45.16 percent last year compared to the same period of the previous year....
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Laxmi Bank earned Rs 1.54 billion profit but Interest income declined by 7 percent
Laxmi Bank Ltd. had a net profit of Rs. It has made a net profit of over Rs 1.54 billion. According to the bank's financial statements for the period released on Friday, the net profit has increased by 9.20 percent last year as compared to...
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Nepal Investment Bank's net profit increased by 50.69 percent
Nepal Investment Bank Limited has made a net profit of 50.69 percent more than the previous year till the fourth quarter of the last fiscal year. As per the financial statement of the public bank on Friday, Rs. The bank had made a net profit...
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Everest Bank earned Rs 1.82 billion profit
Kathmandu. Everest Bank Ltd. had a net profit of Rs. It has made a net profit of over Rs 1.82 billion. As per the financial statements the net profit of the bank has decreased by 27.34 percent compared to the same period of the previous...
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Himalayan Bank earned around Rs 3 billion profit
Kathmandu. Himalayan Bank Limited has earned a profit of around Rs. 3 billion in the last fiscal year 2077/78. Himalayan Bank earned a net profit of Rs 2.99 billion last year.The bank's profit has increased by about 16 percent compared...
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Nepal Bank earned Rs 3.6 billion net profit
Kathmandu. Nepal Bank has earned a profit of more than Rs 3 billion in the fiscal year. The bank has earned a net profit of Rs 3.64 billion, which is 31.40 percent more than the previous fiscal year. In the previous fiscal year, the bank...
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Five commercial banks has published their Financial statements, How much bank profit ?
Kathmandu. Five commercial banks of Nepal has published their financial statements of Q4 the fiscal year 2077/078. Everest Bank, Nepal Investment Bank, Laxmi Bank, Mega Bank and Himalayan Bank have made public their financial statements up to the fourth quarter of the last fiscal year.
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Flash the Monetary policy for the Fiscal Year 2078/79
Kathmandu. Nepal Rastra Bank has issued monetary policy for the fiscal year 2078/79. Governor Maha Prasad Adhikari of the National Bank of Nepal (NBN) on Friday made new arrangements in various sectors of the economy from the inflow of credit to banks and financial sector...
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