Category/exclusive-news (Total Articles : 2591 )
Nabil Bank's profit is highest in Q4 FY 2080/81 Financial Report as Rs 7.06 billion profit
Kathmandu: Financial statements for the fourth quarter of the fiscal year 2080/81, twenty commercial banks collectively achieved a net profit of Rs 64.15 billion. Nabil Bank led the profit rankings with a notable net profit of Rs 7.06 billion, reflecting a 10.23% increase from the...
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Top 20 Commercial Banks Net Profit Report Q4 FY 2080/81 with key financial statements
Top 20 commercial banks have released their unaudited financial statements for the fourth quarter of the fiscal year 2080/81, collectively earning a net profit of Rs 64.15 Arba during the period.Among these banks, 10 reported an increase in earnings for...
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Top 20 A Class Commercial banks of Nepal : Global IME Bank is Biggest Bank of Nepal
In 1980, there were only two commercial banks, but by the year 2012, there were a maximum of 32. Since 2020, 10 banks have decreased in the period of two and a half years. Nepal Rastra Bank, through its monetary policy of 2074, took a...
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Top 10 banks of Nepal as Paid-Up capital Global IME Limited is Top 1
Global Bank Limited (GIBL) was established in 2007 as an 'A' class commercial bank in Nepal which provided entire commercial banking services. The bank's paid-up capital is to NPR 36.1287 billion.Global IME Bank Ltd. (GIBL) emerged after...
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Bank Shares loan has increased and big investors entered in the stock market ?
Kathmandu. While the demand for loans in the banking sector has slowed down, the share mortgage loans have increased rapidly. In one year, banks have provided loans of more than 13.5 billion in share securities. The statistics obtained from Nepal Rastra Bank for the last...
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Banks loan interest rate decreased by 2.37 percentage
Kathmandu. Interest rates on loans have come down massively. It has decreased by almost two and a half percentage points in one year. The statistics of the current economic and financial situation of the country for the last financial year 2080-81 published by...
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4 billion 23 crore capital gains tax from the stock market in Nepal
Kathmandu. While the stock market is reaching a new record high, the government has also maintained a record in profit tax. The capital gains tax received by the government from the stock market has been high since the daily turnover of 20 to 30 billion...
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Nepal Rastra Bank's New Circular for Share market growth to Facilitate credit rating
Kathmandu. Nepal Rastra Bank (NRB) has abolished the limit of 200 million share securities loans for institutional investors. The National Bank has issued a circular for banks and financial institutions for the implementation of the monetary policy.The maximum single customer...
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Economy crisis in America : Has the Federal Reserve cut interest rates ?
Kathmandu. America, the world's largest economy, is once again under the cloud of recession. Since the corona epidemic started in the country in June, there was a sharp decline in service activities. The country's ISM Services PMI index fell five points to 48.8 last month....
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How much liquidity in the bank : Nepal Rastra Bank pulled out 13 trillion 27 billion liquidity from banks of Nepal
Kathmandu: Nepal Rastra Bank (NRB), Central Bank of Nepal has been widely criticized due to lack of liquidity in the past years, has been forced to manage it due to excess liquidity in the current financial year. Currently, banks and financial institutions have more than...
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Banker staff feeling safeside : Century Bank Directors were arrested for More lending with lower value mortgages
Kathmandu. The Central Investigation Bureau (CIB) of Nepal Police has arrested the directors of the then Century Bank. The CIB, along with former Chairman of Century Bank Rajesh Shrestha, the then members of the Board of Directors, Sunil Kumar Neupane, Prof. Dr. Geeta Pradhan, Ramesh...
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Bank financial institutions deposited One trillion 52 billion money in Nepal Bank
Kathmandu. After the accumulation of liquidity in the financial system, the National Bank is going to withdraw an additional 30 billion rupees from the market. The central bank NRB, 40 billion to draw another 30 billion on Friday 7th June 2023.
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Banks Interest rates on deposits increased, up 4 percent
Kathmandu. More liquidity in the financial system, short-term interest rates are seen to be increasing. Since the banks are able to sell goods at interest rates, the interest rate has increased when they invest in deposit collection rather than permanent deposit facilities.
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5 Government Institutions earn the highest profit in Nepal and Nepal Oil Nigam is Top List?
Kathmandu: Nepal oil Nigam is one of the highest net profit among the public institutions invested by the Government of Nepal. It has earned a net profit of 11 billion 72 crore 29 lakh rupees in the financial year 2079-80. However, its accumulated profit is...
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Government issuing 33 billion of treasury bill
Kathmandu: The government is going to issue a treasury bill worth 33 billion. The Public Debt Management Office is going to renew the treasury bill of 23 billion and is going to issue a new treasury of 10 billion.For this...
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