Banking

Finally, The Governor of Nepal signed in the Anti-national Agreement, the conspiracy of handing over the bank account details of Nepalese to India Company

Kathmandu. Mahaprasad Adhikari, the Governor of Nepal Rastra Bank (Central Bank of Nepal), has finally embarked on a national strike. He has signed the Terms of Reference (TOR) regarding cross-border payments to hand over the bank account and financial...


Banks started using Standing Deposit Facility, 28 Billion Rupees deposited

Kathmandu : Banks have started using Standing deposit facility. On 14th of February, 2024 A.D (2nd of Falgun, 2080 B.S) banks deposited 27 billion 850 million Rupees in Central Bank of Nepal (Nepal Rastra Bank). Banks have kept the...


Community and member oriented cooperatives are better than banks

Kathmandu : Uddhav Sapkota, president of Bagmati Province Savings and Credit Cooperative Association (Bagmati Province), has said that the state should help when there is a problem in the cooperative. Organized the Bagmati Provinc Project, National Cooperative Bank’s technical...


World Bank’s going to organize international conference in Nepal

Kathmandu : The World Bank International Conference will be held in Nepal. Finance Minister Dr. Prakasharan Mahat said that it will be organize in Nepal at the international conference of the World Bank. Minister Mahat, while speaking at the...


Kumari Bank 23rd General meeting completed, Six Excutive member has Elected from the Meeting

Kathmandu : 11th February, Six Executive member has been elected from the 23rd Annual General Meeting of Kumari Bank Limited.The 23rd annual general meeting of the bank was held on Sunday 11th February 2024 A.D (28 Magh 2080 B.S)....


Citizens Bank has applied to the board to issue  3 million units of bonds

Kathmandu : Citizens Bank has asked the Nepal Securities Board Of Nepal (SEBON) for permission to sell bonds on 31st of January, 2024 A.D. The bank has sought permission to sell and issue a total of 3 Million units...


8.2 Million Rupees Profit of Aarambha Chautari Micro-Finance disappeared, distributable profit also decreased by 41 percent

Kathmandu : Aarambha Chautari Laghubitta Bittiya Sanstha Limited has released the financial statement for the second quarter of the current fiscal year on the last week of January, 2024 A.D. According to the details, compared to the last fiscal...


“Red corner notice” Issued by Interpol to arrest Dhorpatan mayor, Nepali, who escaped by cheating cooperatives saving amount

Kathmandu : The police has issued a ‘Red Corner Notice’ to arrest Dev Kumar Nepali, the mayor of Dhorpatan in Baglung and the president of Image Savings and Credit Co-operative Society, who is absconding after committing co-operative fraud. A...


Rastriya Banijya Bank celebrated its 59th anniversary, what did CEO Shrestha said ?

Kathmandu : Rastriya Banijya Bank has celebrated the 59th anniversary day on the  occasion of crossing 58 years of its service. The Chief of Rastriya Banijya Bank Executive Officer (CEO) Kiran Kumar Shrestha said that Rastriya Banijya Bank has...


When is the lock-in period of NIFRA ending?

Kathmandu. The lock-in period of Nepal Infrastructure Bank .Ltd (NIFRA) is going to end on 6th of March, 2024 A.D (23rd of Falgun, 2080 B.S). Currently 129.6 million shares of NIFRA are in the form of locked-in founder shares....


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