In the bill to amend the Act on Banks and Financial Institutions, 2073, a provision has been proposed that digital banks can also conduct banking and financial transactions.In the bill registered in the House of Representatives, it is proposed that...
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Kathmandu. 14 candidates have been nominated for the director post of Nepal Investment Mega Bank. Election officer Shiv Kumar Shrestha informed that 14 people have applied to become the director of the bank.According to the election officer's office, 11 people...
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Kathmandu. On the second trading day of the week, the Nepal Stock Exchange (NEPSE) increased by a few points. The NEPSE index increased by 3.27 points or 0.15 percent to reach 2073.53 points.On this day, the sensitive index of strong and...
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Kathmandu. The 'Management Summit-2024' organized by the National Commercial Bank has been completed. The program was completed after extensive discussion among economists, banking experts and entrepreneurs about the problems and challenges seen in the national economy and banking sector. The program was organized by the...
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Kathmandu. Nepal Rastra Bank is celebrating the project 'Global Money Week - 2024' in national coordination. Rastra Bank is celebrating Money Week with the main slogan 'Start from youth, strong foundation from savings'.Money Week is a week-long program related to...
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Kathmandu. The stock market rose by 50 points this week. On the last day of last week, Nepal Stock Exchange (NEPSE) index was 2 thousand 30.55 points, this week NEPSE index increased by 50.32 points and closed at 2 thousand 80.87 points. 15 and a...
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Kathmandu. The 'First Cooperative Digital Conclave' held in Kathmandu under the organization of the National Cooperative Federation has been completed with the issuance of a seven-point commitment letter. The conclave, which started on Thursday with the theme 'Digitizing Co-operative: Achieving Vision 2030'.
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Kathmandu. Now it is possible to send money from India to the bank account of Nepal. Nepal Rasht Bank issued a circular under the Indo-Nepal Remittance Facility Scheme. Remittance from India to Nepal, as per the agreement of Nepal Rastra Bank and Reserve Bank of...
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Kathmandu. In the 7 months of the current financial year 2080/81, commercial banks have made a profit equal to 35 billion rupees. According to the statistics published by Nepal Rastra Bank, 20 commercial banks have made a net profit equal to 35 billion 49 billion...
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Kathmandu. Nineteen people, including the former deputy governor of Rashtra Bank, have applied to become the chairman of the Securities Board of Nepal (SEBON). Till the last day, 19 people including former Deputy Governor of Nepal Rastra Bank Shivraj Shrestha has applied.
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Kathmandu. Most of the banks have reduced the interest rate of fixed deposits for the month of March. Commercial banks, which have been continuously reducing interest rates since the liquidity eased recently, have also reduced them in March.The interest rate...
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Kathmandu. Development banks have reduced interest rates for the month of March. As the liquidity in the banking sector becomes easier, the development banks are also continuously reducing the interest rates. The continuously decreasing interest rate has been continued even in March. The interest rate...
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Kathmandu. The price of gold has set a new record in Nepali gold and silver market. In the gold and silver market, the price of gold has been fixed at Rs 1 lakh 23 thousand per tola on 5th March 2024.
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The banker focus into 'balance sheet management'Kathmandu. Banks and financial institutions, which were once aggressive in business expansion, are now engaged in balance sheet management. As bad loans are increasing every month, the bankers are taking up balance sheet management....
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Kathmandu. Global IME Bank Limited has launched branchless banking services from 2 more locations. The bank has launched branchless banking services in Bandipur Village-6, Huslang and Bandipur Village-6, Sarangghat of Tanahun under Gandaki province. With the operation of these two new branchless banking services,...
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