Kathmandu .The budget for the coming fiscal year has set a clear blueprint to give a new direction to the country's economy. For the first time, the government has given top priority to agriculture. It aims to reduce imports by 30 percent and increase exports....
Read More
Kathmandu. People who are rich but do not have a degree in higher education from the university will not be allowed to become the director or chairman of the insurance company. This provision will come into force after the new Insurance Act comes into force....
Read More
Merger agreement on an equal BasicsKathmandu. Global IME Bank and Bank of Kathmandu are about to merge. An agreement was reached between the two banks at Yak & Yati Hotel on Thursday morning. As soon as the merger agreement is signed today, trading...
Read More
There is a wave of bank mergers in Nepal's financial sector. Banks are being forced to merge due to increasing competition and increasing business conditions. On top of that, government policy and pressure from the Nepal Rastra Bank have forced the banks to merge. Last...
Read More
Kathmandu. Himalayan Bank, which broke the merger with Nepal Investment Bank, has also started discussions with some banks for the merger. Himalayan Bank is in talks with Civil and Century for a merger. Himalayan Bank is under pressure to enter into a merger agreement with...
Read More
Kathmandu .Merger between Nabil and Nepal Credit and Commerce (NCC) Bank has been discussed. The merger, which was split last year after reaching the final stage of merger, is being discussed with Nabil again. Earlier, NCC Bank had held discussions with Nabil and Global and...
Read More
Kathmandu. Global IME Bank and Bank of Kathmandu have entered into a merger agreement. An agreement was reached between the two banks at Yak & Yati Hotel. The two banks have agreed to merge on an equal footing. The merger agreement has been signed by...
Read More
Kathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
Read More
Kathmandu. The number of individuals and companies being blacklisted for non-payment of loans taken from various banks and financial institutions is increasing. Many individuals and entities have been blacklisted for failing to repay loans on time from banks and financial institutions for various business purposes.
Read More
Kathmandu. The US dollar has reached an all-time high. According to Nepal Rastra Bank, the exchange rate of US dollar has reached 125.16 Nepali rupees. The rate was Rs 124.24 on Monday.The dollar, which had been above Rs 124 for...
Read More
Kathmandu. The share market NEPSE index fell below 2,000 points on Tuesday. When the market dropped by 36.07 points and stopped at 1996.26 points, the transaction amount was only Rs 1.18 billion. Tuesday's market index is the average of 17 December 2077. The stock market...
Read More
Kathmandu. Investors in insurance companies, which are under pressure to raise capital under the regulator's direction, have seen disappointing returns over the past five years. Companies that have been raising capital in the past have also distributed bonus shares, but their condition is very bad...
Read More
Kathmandu. The Government of India is going to privatize the state-owned IDBI Bank. The Government of India has clarified its position on privatization of IDBI Bank. According to Indian media, the government of India will sell all the shares of the bank which owns...
Read More
Kathmandu. Nepal Investment Bank and Mega Bank Nepal will be merged. The merger agreement was signed between the two banks on Friday. After the failure of the merger agreement with Himalayan Bank, Nepal Investment Bank is about to merge with Mega Bank.
Read More
Kathmandu. The securities secondary market will be operational for six trading days from July 20. Securities market operator Nepse is preparing to operate the market within six trading days as soon as the government decides to remove the public holiday from Sunday.
Read More