Category/exclusive-news (Total Articles : 2591 )
Rastra Bank issuing 5.20 billion treasury bills
Kathmandu. Nepal Rastra Bank is going to sell treasury bills worth more than 5 billion rupees on Monday. The bank is about to issue a treasury bill of 5 billion 20 million rupees for a period of 91 days.According to...
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Himalayan Bank's 30th AGM passed 19.11 percent dividend and share ratio 100: 80.28 percent of civil bank by acquisitions
Kathmandu. The 30th Annual General Meeting of Himalayan Bank Limited has been completed. The Assembly unanimously passed the special proposal to acquire Civil Bank Limited. Prachanda Bahadur Shrestha, Chairman of the Bank and Assembly, read the report of the Board of Directors and discussed the...
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Nepal Investment Mega Bank started joint operation : Prithvi Bahadur Pandey as President and CEO is Jyotiprakash Pandey
Nepal Investment Bank and Mega Bank Nepal Limited have merged two banks and have formally started integrated business under the name of Nepal Investment Mega Bank. This bank, which has started integrated business with the slogan 'Moving together on the path of prosperity', has emphasized...
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Civil Bank's AGM passed acquisition decision to merge with Himalayan Bank Limited
Kathmandu. The twelfth annual general meeting of Civil Bank Limited has been completed. As proposed by the board of directors from the said general meeting, bonus shares equal to 5% of the bank's paid-up capital and 0.26% cash dividend per share for tax purposes have...
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Nepal's economic growth rate is 5.1 percent 2022/2023 - The World Bank
Kathmandu. It has been announced that the economic growth rate of Nepal will be 5.1 percent in the fiscal year 2022/023 and 4.9 percent in 2023/024.The World Bank released its Global Economic Prospects report on Tuesday. According to the World...
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Bankers' Association declared Banks Interest Rates will reduce from Magh 2079
Kathmandu. Commercial banks have decided to reduce interest rates in January. The meeting of Nepal Bankers Association, an organization of commercial bank CEOs, decided to reduce the interest rate in January. Banks have decided to reduce the interest rate by 1.13 percent for the month...
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Banking Job Vacancy on Siddharth Bank Limited
Kathmandu. Good news for bank job seekers. Siddharth Bank has requested employees for various posts.The bank has requested some number of employees for 6 posts in the office. By publishing a notification, the bank has asked for employees in Digital...
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After merged Century Bank customer account number change, from 12 to 16 digits
Kathmandu. After the merger with Prabhu Bank, the account numbers of Century Bank customers have also changed. The bank has informed that the account number of the customers who opened an account in Savik Century Commercial Bank has changed.According to...
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Interest Rates reducing Banks from Magh 2079 and Rastra Bank planning to remove cash margin
Kathmandu. After the decrease in the demand for loans in banks, the opinion that the interest rate on deposits should be reduced from January 1 is getting stronger. Bankers say that even in the middle of January, there is no pressure on liquidity and when...
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Historical political support to Prachanda for Prime Minister of Nepal
Kathmandu. Prime Minister Pushpa Kamal Dahal 'Prachanda' has received a vote of confidence in the House of Representatives with overwhelming support. Prime Minister Prachanda got 268 votes in the 275-member House of Representatives. There were only two votes against the Prime Minister from two small...
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NEPSE has reached strong resistance and will set a New record soon
Kathmandu. There has been an increase in the stock market of Nepal recently. In a short period of time, the big number fell to around 1800 and for a few months the market kept hovering around 1900 with a small...
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Why the large number of insurance policies surrenders increased in Nepal
The impact of the financial crisis was seen in the insurance sectorKathmandu. A proof of how the impact of economic recession is reaching the level of common people is confirmed by the data of insurance policy surrenderers. This conclusion was...
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Why merger dismiss with Prabhu and agreed between Ajod and United
Kathmandu. Prabhu Insurance Company and Azod Insurance Company have ended the process and signed a preliminary agreement with United Insurance Company. Azad Shrestha, chairman of Azod Insurance, informed EconomicNews.com that after the discussion at the Insurance Authority on Tuesday, Azod Insurance agreed to merge with...
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Himalayan Bank has launched cash recycler machine in Branches
Kathmandu. Himalayan Bank Limited has introduced cash recycler machines in various branches. At present, the bank is providing services by transferring seven cash recycler machines to the central office of the bank, Kamaladi, Thamel branch, Maharajganj branch, Newroad branch, Patan branch, Bharatpur branch and Bhairahawa...
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Global IME Bank become a 'number one' commercial bank of Nepal merged with 21 financial institutions
Kathmandu. Integrated business of Global IME Bank and Bank of Kathmandu has started. Prime Minister Pushpa Kamal Dahal 'Prachanda' and Bank President Chandra Prasad Dhakal jointly launched the formal opening of the integrated business.After the merger with BOK, the integrated...
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