Category/exclusive-news (Total Articles : 2591 )
Merger Agreement between Himalayan and Civil Bank will be signed on Friday 8th July
Kathmandu. The merger agreement between Himalayan and Civil Bank will be signed on Friday. After the merger of Himalayan Bank with Nepal Investment Bank broke down, Himalayan Bank was forced to merge with another financial institution. A preliminary merger agreement with Civil Bank is likely...
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Why Finance Minister Janardan Sharma resigned ?
Kathmandu. Finance Minister Janardan Sharma has resigned from the post. In a meeting of the House of Representatives on Wednesday, Minister Sharma resigned from the post. The finance minister is accused of forcing a former deputy subba to manipulate tax rates while preparing the budget....
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Microfinance's non-performing loans increased by 87 percent
Kathmandu. Microfinance financial institutions have been aggressive in lending along with deposit collection. According to Nepal Rastra Bank, the total deposits and loans of 70 microfinance institutions operated in the fiscal year 2077/78 have increased by 35.97 percent and loans by 39.14 percent. According to...
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10 commercial banks can not to maintain CD ratio at 90 Percent
Kathmandu. Commercial banks have been able to maintain a loan-to-deposit ratio (CD ratio) of 90 percent. Some commercial banks have been able to maintain a CD ratio due to non-increase in deposits in banks. There is a policy to maintain a CD ratio of 90...
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Five commercial banks of Nepal increase share-based loans
Kathmandu. Though Nepal Rastra Bank (NRB) has tightened its grip on share pledge loans of margin nature, some commercial banks have increased their loan investments. According to Nepal Rastra Bank, five commercial banks have increased their share pledge loans till April / May of the...
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Nabil and Nepal Bangladesh Bank has integrated business from July 10
Kathmandu. Nabil Bank Limited and Nepal Bangladesh Bank Limited are going to start integrated business from July 11 after completing the acquisition process. Nabil Bank said in a statement on Monday that it was about to start integrated business. Nepal Rastra Bank had received final...
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The paid-up capital of a share broker company is being increased by 10 times, including license and service charges
Kathmandu. The paid up capital of share broker companies will be increased by 10 times. The Nepal Stock Exchange (NEPSE) is preparing to increase the paid-up capital of 50 broker companies. The Nepal Securities Board (NSB) had amended the Securities Brokers, Securities Traders and...
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40 financial institutions including 7 commercial banks under NEPSE action, 88 companies of share Trading Suspense
Kathmandu. Trading in shares of 88 companies listed on the Nepal Stock Exchange (NEPSE) has been suspended. Nepse has decided to stop the share trading of 88 companies including banks and financial institutions, insurance companies and hydro power companies that do not submit their financial...
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Good sign for stock market - Now CD ratio is 89.14
Kathmandu: The widespread liquidity crunch in the bank is likely to ease somewhat. The savings ratio (CD ratio) that banks have to manage has also come down to 90 now. The bank's index has been above 90 for the past few months. 90 is the...
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Opening new IPO, everyone to get a 10 lots share
Kathmandu: Upper Solu Hydro Electric Company Limited is going to issue primary shares from July 4. The company is about to issue an IPO to the public. The company is going to issue 1,957,500 ordinary shares at the face value of Rs 100.57 million. Out...
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Removing AON provision on both buying and selling in NEPSE, What is the "AON" ?
Kathmandu: The AON provision in both buying and selling has been removed from Nepse since July 4. Although this provision is in the interest of small investors, many have complained that big investors have misused this method to manipulate the market.
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Liquidity has increased in the bank, Now CD radio is below 90 Percent
Kathmandu: The widespread liquidity crunch in the bank is likely to ease somewhat. The savings ratio (CD ratio) that banks have to manage has also come down to below 90 now. The bank's index has been above 90 for the past few months. 90 is...
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CBFIN press to the Prime Minister for policy reforms through monetary policy
Kathmandu. Operators of banks and financial institutions have taken pressure to intervene in monetary policy through monetary policy for the coming fiscal year. The delegation led by Pawan Kumar Golyan, chairman of the Confederation of Banks and Financial Institutions Nepal (CBIFIN), made the request during...
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Non-performing borrowers is increasing, Adding 897 borrowers to the blacklisted
Kathmandu. The number of borrowers who are unable to repay loans taken from banks and financial institutions is increasing. According to the Credit Information Center, 897 companies, including six cooperatives, have been blacklisted from July 1 to July 3 of the current fiscal year.
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Nabil Bank and Nepal Bangladesh Bank got final approval for integrated transactions
Kathmandu. Nepal Bangladesh Bank and Nabil Bank Limited have received final approval for integrated transactions. Nepal Rastra Bank (NRB) on Wednesday gave final approval to the two banks for integrated transactions. Executive Director of the Supervision Department of Banks and Financial Institutions of Nepal Rastra...
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