A counterfeit note is a copy of a note made by a person, organization or body without obtaining legal rights with the intention of committing fraud in any way.Article 52 of paragraph 6 of the Nepal Rastra Bank Act 2058...
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Kathmandu. Shares worth Rs 3.37 billion were bought and sold on Thursday, the last day of the year. Though the stock market index Nepse turned negative by 1.78 percent, the transaction amount has increased by Rs 310 million as compared to the previous day.
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Banks' profits are expected to decline further due to the Corona epidemic. Not only that, the general public is beginning to be concerned and worried that the banks may go bankrupt. However, the corona epidemic has had some positive effects on banks....
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Kathmandu. Nepal Rastra Bank has amended the Bank Account Operation Directive 2076 of government transactions. The first amendment of the Government Transaction Directive 2076 has been made for the operation of the account.NRB has allowed only commercial banks to operate...
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The share market index Nepse has risen on the first day after the tenth holiday. On Wednesday, the Nepse index increased by 41.20 points and closed at 1647.46 points.During the trading period, 93,22,085 shares of 188 companies were bought and...
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Kathmandu. Nabil Bank Limited has been recognized as the Leading Partner Bank of Nepal by the Asian Development Bank-Trade and Supply Chain Finance Program (TSCFP) for 2020. The Asian Development Bank (TSCFP) provides...
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Kathmandu. Commercial banks have dominated the stock market on the first trading day after ten years. The index of the commercial bank group, which has the largest share in the stock market, has risen the most by 4.27 percent.Global IME...
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The Corona virus has a positive effect on electronic payments in Nepal.Mobile banking business has been on the rise lately as digital payments are more secure than physical cash payments. According to the NRB, mobile banking has increased by 10.58...
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Banks have announced to give attractive gifts to those who give digital Dakshina on the 10th. Executive Director of the Economic Policy and Research Department of Nepal Rastra Bank, Dr. Gunakar Bhatt says the recent policy of banks will promote digital Dakshina.
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Kathmandu. Banks have closed their branches today (Friday) from 2077 Kartik 7 to Kartik 11 in view of the corona virus infection.The Nepal Bankers' Association, an umbrella organization of banks, has already decided not to open a limited branch as...
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Citizens Bank International Limited has earned a net profit of Rs 515.591 million in the first quarter of the current fiscal year. This is 47.66 percent or Rs. 166.42 million more than the same period last year. The distributable profit of the bank has been...
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Kathmandu. The Bagmati State Government, Rastriya Banijya Bank and Vishal Foundation are going to jointly organize a Start Up Idea Call for the youth who want to become entrepreneurs.A Memorandum of Understanding (MoU) was signed on Wednesday to facilitate the...
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Out of 27 commercial banks, 23 commercial banks have increased their deposit collection by 0.89 percent to 17.41 percent as compared to mid-July. During the same period, 22 commercial banks increased their credit flow from 0.04 percent to 17.19 percent.According...
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Kathmandu. Despite the Corona disaster, NIC Asia and Prabhu Bank have expanded their business significantly. While some banks have remained silent on the situation, some have appeared aggressive.In Corona, NIC Asia and Prabhu Bank have made leaps in deposit collection...
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Kathmandu. In October, commercial banks disbursed Rs 122 billion in loans and Rs 138 billion in deposits. The banks have been conducting this loan disbursement and deposit collection from September 16 to 20.Banking interest and installment capitalization is also expected...
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