Central Bank Urged to use New Notes Carefully

Kathmandu : Along with the distribution of new notes, the National Bank has also requested to use bank notes carefully. Central Bank had also made arrangements for new note banks targeting Dashain. 18 thousand 500 rupees per person in...


Nabil, Himalayan, NMB, NIC Asia, Lakshmi Sunrise and Citizens Bank in Action

Kathmandu: Central Bank has taken action against 6 commercial banks. Central Bank has taken action against Nabil, Himalayan, NMB, NIC Asia, Lakshmi Sunrise and Citizens Bank.The Central Bank has imposed cash fines on 2 banks. Central Bank has taken...


Authority’s Instructed Insurance Company to work Without any Blunder Understanding that Banks and Insurance are Different

Kathmandu : Chairman of Nepal Insurance Authority Surya Prasad Silwal has instructed the insurance companies to act in such a way that access to insurance in Madhesh province, will increase significantly as it is stable in 9% only .Addressing...


Central Bank’s Integrated Directive: Bank rate 7.5%  

Kathmandu : Central Bank has fixed the loan interest rate (Bank rate) at 7.5 percent. Releasing Integrated Directive 2080 B.S with amendments, that the Central Bank has fixed the interest rate of loans provided to licensed banks and financial...


Kumari Bank Bond Sale Open

Kathmandu : Kumari Bank is opening the issuance and sale of bonds from today. The bank is going to issue ’10 percent KBL Debentures 2090′ at an interest rate of 10 percent per annum for a period of 10...


Mahalaxmi Bikas Bank Supports Nepal Police

Kathmandu: Mahalaxmi Bikas Bank Limited, which has been providing simple, convenient and quality financial services at the doorsteps of Nepali people for the past 29 years, adopting the slogan of ‘Strong Bank, Successful Cooperation’, has distributed social awareness booklets...


With the Reduction of Interest Rates, the Share Price of Banks Increased, How Much?

Kathmandu: Commercial banks have announced new interest rates to be effective from 1st October today. According to the new interest rate announced by the banks, most of the banks have reduced the interest rate. For a long time, the...


33 And a Half Billion Rupees Loan Disbursement From Banks and Financial Institutions

Kathmandu : Loans from banks and financial institutions to the private sector have increased by 0.7 percent in the month of August of the current financial year 2023-024. According to data released by Central Bank, 33 billion 600 million...


Kitchen, Food and Beverage Group Inflation High on Higher Prices

Kathmandu : Since the beginning of this financial year, the common consumer has to bear the brunt of the price hike. In the first two months of this financial year, July and August, the annual point consumer inflation was...


20.53 Percent Dividend from Everest Bank’s General Meeting

Kathmandu: General meeting of Everest Bank has been completed by passing 20.53 percent dividend. The 29th annual general meeting held at a Banquet in Lainchour, Kathmandu has passed a resolution to distribute a total of 20.53 percent dividend including...