Kathmandu : Central Bank of Nepal is going to conduct the first quarter review of monetary policy next week ( 1st week of December, 2023 A.D).There has been some delay in the review due to the festive season at...

Kathmandu : National Cooperative Bank Limited has changed the interest rates of both savings and loans. Cooperative Bank has changed the interest rates of savings and loans with effect from Tuesday. The National Co-operative Bank, which has fixed 3.50...

Kathmandu : Central Bank has requested to save themselves and others from financial fraud. The bank has issued a notification and asked not to send money or provide account details to unknown persons. According to Central Bank, financial contacts...

Kathmandu : Nepal Rastra Bank has made a new policy arrangement for approving hire purchase loan companies. Central Bank on Monday issued Policy and Procedure Regulation 2080 for approving higher purchase loan companies. The Central Bank has set various...

The average base rate of commercial banks has declined normally. So far, 11 banks have published Base rates. The average base rate of these banks has come down from 10.16 percent to 10.04 percent. All 11 commercial banks have...

 The state of Delaware has lost its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers, a fight the state took all the way to the Supreme Court. The Supreme Court on Monday...

The newly appointed chairman of Machhapuchhre Bank, Roshan KC, has taken the oath of office and secrecy before the Governor of Central Bank, Mahaprasad Adhikari. Deputy Governor, Executive Director and other officials of Central Bank as well as members...

Britain set out plans on Thursday to ease key banking and insurance rules in the latest attempt to boost its vital financial sector following the country’s departure from the European Union. Brexit has cut off Britain’s finance industry, which...

Kathmandu : Nepal Bank, the first bank of Nepal, has entered its 87th year after completing 86 years. The bank was established in public private partnership (PPP) model with 10 investors with 842 thousand paid up capital, 1700 thousand...

Kathmandu : Prabhu Insurance has significantly improved its financial progress compared to the previous financial year. According to the financial statement of the first quarter of this financial year, progress has been seen in most of the indicators of...