Kathmandu. The Nepal Stock Exchange (NEPSE) rose by a high on the first trading day of the week today. Today NEPSE increased by 43.20 points and closed at 1,965.36 points.Similarly, today in NEPSE there was a transaction worth one billion...
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Kathmandu. Bad loans of commercial banks have increased. The bad loans of the banks, which were controlled to some extent in the last financial year 2078/79, have started to increase this year.In the first quarter of the current year 2079/80,...
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Kathmandu. Executive Director of Economic Research Department of Nepal Rastra Bank Dr. Prakash Kumar Shrestha gave a swift reply to the traders saying that the interest rate will not decrease if they bring processions to Maitighar. He gave this answer on the eve of Nepal...
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Kathmandu. 16 companies listed in Nepal Stock Exchange (NEPSE) in the banking, insurance and hydropower sectors have declared dividends. Companies are going to distribute dividends to shareholders from their profits. Among the companies that declared dividends are seven commercial banks, six insurance companies and three...
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Kathmandu. Industrialists have accused banks and financial institutions of creating terror everywhere. Businessmen have also drawn attention to solving the current bank and financial problems. In which they have been complaining for the past 6 months about the lack of investable capital and the closure...
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Kathmandu. As the election approaches, various parties are in the process of releasing their election manifestos. Some of them have already been made public and some are in the process of being made public.Various parties have included different agendas in...
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Kathmandu. Margin-type share mortgage loans have decreased in one year after Nepal Rastra Bank's tightening. Within a year, most of the banks have reduced share mortgage loans. However, three banks have increased share mortgage loans. In which Nabil Bank, Machhapuchhre Bank and Krishi Bikas Bank...
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Kathmandu. A writ has been registered today in the Constitutional Court, demanding that the provisions of the amendments to the three regulations related to the securities market, which were brought with the purpose of distributing the new securities market, securities brokers and securities traders' permits...
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Kathmandu. The World Bank has suggested to remove the ban on the import of some goods, saying that Nepal's foreign exchange reserves have increased. The government has banned the import of 10 items including private vehicles, expensive mobiles, prepared liquor, high-capacity motorcycles, toys, diamonds, tobacco...
Read MoreKathmandu. Roshan Kumar Neupane re-appointed as the chief executive officer (CEO) of the NIC Bank Limited . The 573rd meeting of the board of directors of NIC Asia Bank Limited held on October 16 has reappointed to Roshan Kumar Neupane as NIC Bank's CEO. The board...
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Kathmandu. Even though the interest rate is twice as high in Nepal as compared to India, the bankers are under stress after finding that more money has started flowing from Nepal to Indian banks. A banker said that daily deposits of crores of rupees have...
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Kathmandu. There has been a decline in the deposits of banks. Due to the festive season, banking deposits have decreased. During one week, bank deposits decreased by 17 billion 13 billion rupees. According to the Nepal Bankers Association, the deposits of banks were 45 trillion...
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Kathmandu. 5 different banks have proposed to distribute dividends to the shareholders from the profits of the last financial year. Although they proposed to distribute dividends a little later than last year, only 5 banks have proposed to distribute dividends so far.
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Kathmandu. In October, commercial banks are going to increase the interest rate of loans. Banks have prepared to increase the interest rate of loans by increasing the base rate. According to Nepal Bankers Association sources, the interest rate of loans is also going to be...
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Kathmandu. In October, commercial banks have increased the interest rate of loans. As the banks increased the base rate, the loan interest also increased dramatically. In October, the average base rate of banks was 9.56 percent, but in October, it was increased to around 10.5...
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