Exclusive News , Banksnepal

Category/exclusive-news (Total Articles : 2591 )

Share loans encouraged to small investors

Kathmandu. Nepal Rastra Bank (NRB) has taken a policy to encourage small investors in the share market to extend credit. Announcing the monetary policy, Governor Maha Prasad Adhikari has set limits to control the share loan flowing to big investors.A...

Monetary policy: Interest on loans may increase

Kathmandu. Nepal Rastra Bank has projected that the interest rate on loans may increase in the current fiscal year. As liquidity in the market is declining, interest rates are projected to rise.Governor of Nepal Rastra Bank Maha Prasad Adhikari made...

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...

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...

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...

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...

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...

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...

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...

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....