Category/exclusive-news (Total Articles : 2591 )
25 billion more risk provision of banks and financial institutions of Nepal
Kathmandu. As the bad loans of banks and financial institutions have increased, the amount of provision made for them has also increased. By the end of poush 2079/80, commercial banks, development banks, finance companies and microfinance institutions Institutions have managed a total of 45 billion...
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Insurance agents and surveyors licenses will be renewed from online
Kathmandu. Nepal Insurance Authority has started to manage one insurer and one insurance agent through online system. The authority has started the management of agents through this system since 5th of March.The authority has started the work to implement the...
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NRB Instruction : To become director of bank and remittance company Not allowed
Kathmandu. A person who is a director of a bank and financial institution cannot become a director of a remittance company at the same time. A person who is a current director in a bank or financial institution cannot become a director of a remittance...
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After America, Switzerland's Credit Suisse Bank also collapsed
Kathmandu. The prestigious Swiss Credit Bank of Switzerland with a capital of billions of dollars is going to be completely failed and sold. The 165-year-old bank has been announced to be purchased by Switzerland's largest bank, UBS AG Group. UBS, the country's second-largest private lender,...
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Citizen Investment Fund 's FD deposits 1 billion rupees has sunk in finance
Kathmandu. Investments worth nearly 1 billion rupees made by Citizen Investment Fund in various banks have been sunk. According to the investment fund, the investments made in fixed deposits of various banks have sunk.According to the statistics of the fund,...
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Banks can provide loans : Now Bank interest rate and CD Ratio decreased
Kathmandu. Now most of the banks and financial institutions are marketing loan products. Borrowers are requested to request a loan. Earlier, in order to increase deposit collection in banks and financial institutions, the banks had introduced a plan to increase the savings up to...
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CIT (Citizen Investment Fund) 33rd anniversary has completed
Kathmandu- The 33rd anniversary of Citizen Investment Fund has been completed. The fund celebrated its anniversary by organizing a ceremony at the fund's office.Revenue Secretary of the Ministry of Finance at the anniversary ceremony. Ram Prasad Ghimire said that on...
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Three companies share Price adjustment in NEPSE
Kathmandu. Nepal Stock Exchange (NEPSE) has adjusted the prices of shares of three companies. Swabhiman Lagufitta, Prudential Insurance and Himalayan Everest Insurance are among the ones whose share price has been adjusted.After 20 percent bonus, the share price of Swabhiman Laguvitt has...
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CD ratio increased to 85.69 Percent and 11 billion Deposit collection has decreased of Commercial banks of Nepal
Kathmandu. Deposit collection of banks and financial institutions decreased by 11 billion in one day. The CD ratio has increased as the deposit collection of banks has decreased.According to Nepal Rastra Bank, as of March 1, total deposits in banks...
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3 American banks collapsed in one week : Silvergate, Silicon Valley and Signature bank closed in USA
Kathmandu. The upheaval in the banking sector in America has surprised. After Silicon Valley Bank, Silvergate, now another bank is locked. Signature Bank, known as Crypto Friendly, has been temporarily shut down. This bank had stocks of cryptocurrencies and considering its risks, it was decided...
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If Bank unable to return the depositor's money, the Nepal Rastra Bank will provide the facility
Kathmandu. Nepal Rastra Bank has issued regulations regarding last creditor facilities. The National Bank has issued this regulation targeting the inter-banking market, daily liquidity facilities, open market transactions and banks and financial institutions that cannot meet their immediate obligations.Rastra Bank has...
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After Silvergate, Silicon Valley and Signature Bank has closed down in America
Kathmandu. Two days after the closure of Silicon Valley Bank in the US, state regulators have also closed New York-based Signature Bank. US regulators closed New York-based Signature Bank on Sunday to prevent a potential banking crisis. The Treasury, Federal Reserve, and FDIC issued a...
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Bank's interest rates on single Digit by Prime Minister Prachanda directive
Kathmandu. Prime Minister Pushpa Kamal Dahal "Prachanda" has said that the information about missing contractors presents the true picture of the construction sector. He said this on Sunday while addressing the 24th General Assembly of Nepal Construction Professionals Association.In addition,...
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US 16th largest Silicon Valley Bank (SVB) has Collapsed
Kathmandu. Silicon Valley Bank (SVB), America's 16th largest bank, has closed. With this, the bank's 40-year run has come to an end. The regulators closed the bank on Friday and seized the deposits. Silicon Valley Bank, the 16th largest bank in the US, has been...
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Neapl Rastra Bank will collect 3 billion loans from citizens and 500 million through foreign employment
Kathmandu. Nepal Rastra Bank is going to issue foreign employment savings bonds worth 50 million rupees. Nepalese who are earning money by working abroad or who have returned from foreign employment within 6 months can invest in the said savings bank. For this purpose, it...
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