Kathmandu. Interest rates have been raised again in Europe. The European Central Bank (ECB) has increased interest rates. Along with this, interest rates in Europe have reached their highest level since 2000. The ECB has increased the interest rate on deposits in 20 countries in...
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Kathmandu. US Banks has increased the interest rate which affects the global stock market. The Federal Reserve Bank (US Fed) has raised policy rates by 25 basis points or 0.25 percent due to continued rising inflation. After the latest hike, benchmark interest rates in the...
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Kathmandu: Sagar Group, an IT distribution company, unveiled its latest line of cutting-edge Next-Gen Cybersecurity solutions — Kaspersky Standard, Kaspersky Plus and Kaspersky Premium — from renowned cybersecurity provider Kaspersky. The event held in Kathmandu today featured an insightful sharing session by industry experts on...
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Kathmandu Nepal Rastra Bank has kept the bank rate unchanged. Releasing the monetary policy for the fiscal year 2080-81, the National Bank has informed that the bank rate has been kept unchanged at 7.5 percent and the deposit collection rate has been reduced from 5.5...
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Kathmandu. Nabil Bank Limited has been honored with the National Best Annual Report Award 2022 given annually by the Nepal Chartered Accountants Association. Nabil received the silver award for the banking sector.The Nepal Chartered Accountants Association has given the award...
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Kathmandu. Nepal Investment Mega Bank Limited (NIMB) has received the Euromoney Award for Excellence for the third time. Earlier, NIMB, which was honored with this award twice in 2018 and 2021, has been honored with the Euromoney Award for Excellence 2023 for the third time.
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Kathmandu . Nepal Bankers Association has expressed its views on the monetary policy issued by Nepal Rastra Bank recently. The world's major central banks are raising interest rates. This week, there are indications that the interest rate will be increased again. The Bank of England...
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Kathmandu. There are 26 commercial banks listed in NEPSE. We have collected data from the Top 10 Commercial banks in Nepal. We comparisons of Commercial banks based on Paid-Up capital, Reserve, NPL, CD Ratio, and net profit.As a financial services...
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Kathmandu. Currently, three insurance companies have issued IPOs at premium prices. Citizens Life Insurance, Sun Nepal Life Insurance and Reliable Nepal Life Insurance company have issued IPOs for Nepali workers who have gone to foreign employment.Citizens Life Insurance :
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Kathmandu. Now, permanent account (PAN) number is also required for taking loans. The monetary policy of the current financial year 2080/81, released by the National Bank on Sunday, has made such an arrangement. As mentioned in the government's budget, the National Bank has said that...
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Kathmandu. Laxmi Bank and Sunrise Bank merged with each other and started integrated business. After this merger, which took place under the pressure of the central bank, first of all, high-ranking employees were forced to leave their jobs. For this, 'Lakshmi Sunrise Bank' is going...
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Kathmandu. Nepal Rastra Bank Governor Mahaprasad Adhikari has said that he will maintain 100% risk in share mortgage loans up to 50 lakh rupees. He gave this information while clarifying the monetary policy of the current fiscal year 2080/81. Earlier, 100% risk burden was maintained...
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Kathmandu. Rastra Bank is going to review the existing risk weighting arrangements for share mortgage loans, real estate loans and hire purchase loans. On Sunday, the monetary policy for the current fiscal year 2080/81 will be announced and such provisions will be reviewed.
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Kathmandu. Rastra Bank has been providing up to 1,500 US dollars as a passport facility to Nepali citizens visiting countries other than India through the new monetary policy. Now it has been increased to 2500 dollars. Now those who go abroad on a visit visa...
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Kathmandu. The monetary policy passed by Nepal Rastra Bank has been made public. The Central Bank has issued a new monetary policy for the current financial year 2080/81.In the monetary policy of the current financial year announced by the National...
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