Category/exclusive-news (Total Articles : 2591 )

6 Commercial Banks are Final Merger Process

6 Commercial Banks are Final Merger Process

Kathmandu. In recent times, commercial banks have started to merge rapidly. So far, 6 different banks have already signed preliminary agreements for the merger. Nepal Investment (NIBL) and Mega Bank, Global IME and Bank of Kathmandu (BOK) and Himalayan Bank and Civil Bank have signed...

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The Social Security Fund will provide loans up to 75 lakhs at low interest rates

The Social Security Fund will provide loans up to 75 lakhs at low interest rates

Kathmandu. Now the investors of social security fund will get loans from the fund. With the approval of the Ministry of Labour, Employment and Social Security, the way to get a loan has been opened.It is said that the guidelines...

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First Microfinance earned 87 percent more profit

First Microfinance earned 87 percent more profit

Kathmandu. First Microfinance microfinance financial institution has earned 87 percent more profit. According to the financial statement of the fourth quarter of the last financial year released by the organization, microfinance has made 87.84 percent more profit than the previous year.

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Abhiyaan Laghubitta's IPO coming on Sharwan 18

Abhiyaan Laghubitta's IPO coming on Sharwan 18

Abhiyaan Laguvitta Financial Institution Limited is going to issue IPO from 18th of July. The company paid Rs. 100 face value of Rs. 975,000 shares worth 975 million are going to be sold in IPO. Of the total shares to be sold to the general...

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More than 10.35 billion capital gains tax was collected from the stock market

More than 10.35 billion capital gains tax was collected from the stock market

Kathmandu. In the financial year 078/79, the government spent Rs. 10 billion 35 million 33 million 53 thousand capital gains tax has been collected. Investors in the secondary market of securities have paid the profit tax to the government.CDS and...

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Bank rate has reached 8.5, now the interest rate will increase

Bank rate has reached 8.5, now the interest rate will increase

Kathmandu. Nepal Rastra Bank announced the monetary policy for the financial year 2079/080 and raised the bank rate to 8.5. Mahaprasad Adhikari, Governor of Nepal Rastra Bank, has made this arrangement. Now the interest rate will increase.Keeping in view the...

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Cancellation of the policy of 4 to 12 crores of share mortgage loans

Cancellation of the policy of 4 to 12 crores of share mortgage loans

Kathmandu. Nepal Rastra Bank announced the monetary policy for the financial year 2079-080 and abolished the policy limit of 40 million in share securities. Mahaprasad Adhikari, the Governor of Nepal Rastra Bank, canceled the single loan limit and set a limit of 120 million.

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Prabhu Bank earned net profit of Rs 2.6 billion

Prabhu Bank earned net profit of Rs 2.6 billion

Kathmandu. Prabhu Bank has earned a net profit of 2.6 billion 3 lakh rupees. The bank earned a net profit of 1.48 billion 24 lakh rupees in the fourth quarter of the last financial year. The bank's net interest income has...

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Machhapuchhre Bank's profit increased by 34.43 percent

Machhapuchhre Bank's profit increased by 34.43 percent

Kathmandu. Machhapuchhre Bank has increased its profit by 34.43 percent. The bank has published the unrefined financial statement that it has made a net profit of 2.16 billion rupees in the fourth quarter of the last financial year.In the previous...

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Citizens Bank made a profit of Rs 2.25 billion

Citizens Bank made a profit of Rs 2.25 billion

Kathmandu. Citizens Bank International has earned a net profit of 2.25 billion 1.1 million rupees. Unrefined financial statements for the fourth quarter of last financial year up to June have been published.Compared to the same period of the previous year,...

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Sunrise Bank's profit increased by 48.69 percent

Sunrise Bank's profit increased by 48.69 percent

Kathmandu. Sunrise Bank has increased its profit by 48.69 percent in the fourth quarter. The bank has earned 2.15 billion 9.44 thousand rupees till June of the last financial year. It earned 1.44 billion 65 lakh 50 thousand rupees in the middle of last June.

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Net profit of Laxmi Bank is 1 billion 635 million

Net profit of Laxmi Bank is 1 billion 635 million

Kathmandu. Laxmi Bank has improved its profit in the fourth quarter. The bank has earned a net profit of 1.6 billion 35 lakh rupees in the unadjusted financial statement up to the fourth quarter of the last financial year. The bank increased its profit by...

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2.25 billion Profit earned by Citizens Bank Limited

2.25 billion Profit earned by Citizens Bank Limited

Kathmandu. Citizens Bank International has earned a net profit of 2.25 billion 1.1 million rupees. Unrefined financial statements for the fourth quarter of last financial year up to June have been published.Compared to the same period of the previous year,...

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Sanima Bank earned Rs 1.29 billion, profit decreased by 1.07 percent

Sanima Bank earned Rs 1.29 billion, profit decreased by 1.07 percent

Kathmandu. Sanima Bank has seen a general decline in profits in the fourth quarter. The bank's profit decreased by 1.07 percent to 1.29 billion rupees last year. In the previous financial year, it earned a net profit of Rs 2 billion 31 crore.

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RBB Employees Association of Nepal 33rd AGM completed

RBB Employees Association of Nepal 33rd AGM completed

Kathmandu. The 33rd anniversary program of Rastriya Banijya Bank (RBB) Employees Association of Nepal has been completed among various programs. CPN-UML General Secretary Shankar Pokharel inaugurated the main program of the 33rd annual festival in the midst of a ceremony. On that occasion, General Secretary...

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