Kathmandu. In UK, it has been banned to buy more than 2 potatoes and tomatoes. There is also a shortage of fruits and vegetables. Limits are set in supermarkets. Even by paying money, you cannot buy things like potatoes and tomatoes in large quantities. You...
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Kathmandu. Himalayan and Civil Bank Limited have started integrated business from Friday. After acquiring Civil Bank, they started integrated business under the name of 'Himalayan Bank Limited' on Friday in a special ceremony.Prachanda Bahadur Shrestha, Chairman of Himalayan Bank Limited,...
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Kathmandu. Financial institutions have demanded that check bounce cases should not be classified as banking offences. The Nepal Bankers' Association and the Nepal Development Bankers' Association have demanded to amend the existing system where the mistake of cutting a check (check bounce) is considered a...
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Kathmandu. Nepal Rastra Bank has released the annual review of monetary policy for the current financial year 2079/80. In monetary policy, most of the policies have been kept unchanged. Rastra Bank has also maintained the limit of 120 million in share mortgage loans.
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Kathmandu. The day after the National Bank amended the law by including some loose provisions, it again published a monetary policy review with a tight trend. Although the semi-annual monetary policy of the current financial year has given some relief to the small and medium...
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Kathmandu. Nepal Rastra Bank has reduced the 'overnight' liquidity facility. It is mentioned in the half-yearly review of the monetary policy of the current financial year that the overnight liquidity facility, which was previously provided by the banks at an interest rate of 8 percent,...
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Kathmandu. It has been seen that there has been a huge increase in the bad loans of the commercial banks that have gone through the merger. This was seen in the unrefined financial statements of the second quarter of the current financial year released by...
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Kathmandu. So far, 255 banks and financial institutions have merged. This is after the merger process brought by Nepal Rastra Bank. In the data of the current economic and financial situation of the country published by the National Bank on Thursday, it is mentioned that,...
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Kathmandu. As of the end of January of the current financial year, the balance sheet is in surplus by Rs. 97 billion and 10 million. This is seen in the current economic and financial situation of the country published by Nepal Rastra Bank.
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Kathmandu: The NEPSE index increased by a few points on Sunday. On this day, the index increased by 1.54 points to 2096.08 points. There is a positive circuit in one company when there is a share turnover of 1 billion 93 crores. Overall, the stock...
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Kathmandu. Nepal Life has made significant progress in the second quarter of the current year. According to the unrefined financial statement for the second quarter of the current financial year released by the company on Sunday, there has been a jump of 237.29 percent in...
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Kathmandu. According to the latest data of Nepal Rastra Bank, now the investment-deposit ratio (CD ratio) of banks and financial institutions of Nepal is 86.54. This simultaneously indicates some positive and slightly unusual scenario in the banking sector of Nepal.It...
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Kathmandu. Himalaya Shamsher Jabara, the first governor of Nepal Rastra Bank has passed away. Thapa died at the age of 95 while being treated at Narvik Hospital in Thapathali, Kathmandu.He was appointed as the first governor of Nepal on 14th...
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Kathmandu. Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said that while bringing the budget for the next financial year and spending the budget for the remaining period of the current year, the government will proceed by looking at the capacity and needs...
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Kathmandu. Ashok Sherchan has been reappointed as the CEO of Prabhu Bank, which recently merged with Century Bank. Sherchan, who previously worked as CEO for 2 terms (8 years) in Sahi Bank, has been appointed.Sherchan, who has been the CEO...
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