Central Bank withdraws deposits for the 12th time in a month on Wednesday 25 billion

Kathmandu : Central Bank is withdrawing liquidity for the 12th time in a month after the accumulation of liquidity in the banking system. Central Bank is going to draw 25 billion rupees of liquidity through deposit collection on Wednesday....


Himalayan Microfinance called a general meeting, No dividend to shareholdersKathmandu: Himalayan

Microfinance has convened the 12th Annual General Meeting. The company has called a meeting on Wednesday 31st of December, 2023 A.D at Bouganvilla Events, Tripureshwar Kathmandu from 11 am. The company has not made any proposal regarding dividend in...


Half of 24 billion foreign investment commitments by November, what is the most?

Kathmandu : By November of this financial year, an investment commitment of half of 24 billion rupees has been made under foreign direct investment FDI. According to the statistics provided by the Department of Industry, from July to November...


Deposit collection of banks and financial institutions above 60 billion

Kathmandu : The deposit collection of banks and financial institutions has reached over 60 billion. According to the statistics of Nepal Central Bank, the deposit collection of banks and financial institutions has reached 60 trillion 3 billion rupees by...


Canadian mining company Belo Sun plans to build the largest open-pit gold mine in Brazil on the banks of the Xingu River

The region already struggles with the devastating effects of one of the largest hydroelectric dams in the world. And now – Belo Sun, wants to add deforestation and contamination methods to the mix while threatening to sue the very...


Dstroying the Identity of the Agent’s, while making the making the Insurance Regulations, we cannot tolerate this’: President Adhikary

Kathmandu : Professional Insurance Agents Association Nepal is an umbrella organization of insurance agents across the country. The insurance agents of most of the insurance companies operating in Nepal are affiliated to this organization.The Professional Insurance Agents Association is...


All petitions Against the Decision to Collect tax on Mergers and FPOs were Dismissed by the Supreme Court

Kathmandu: All petitions against the decision to collect tax on mergers and FPOs were dismissed by the Supreme Court, banks and insurance companies must pay 40 billion as tax. After the statement of the government’s decision to levy tax...


Sangrila Development Bank has also Reduced The Interest Rate

Kathmandu: As the commercial banks have started publishing notices on reducing the interest rates, the development banks have also started reducing the interest rates. Sangrila Development Bank has reduced the interest rate with effect from 13th of December, 2023...


Nabil Bank Brought ‘Nabil Venture 2087’, 9 Percent Interest will Obtained

Kathmandu : Nabil Bank Limited is going to issue bonds worth three billion rupees. The issue of 30 lakh bonds has been started at the rate of 1000 rupees per share. Of the total 300,000 shares of bonds to...


Muktinath Bikas Bank Refused to Give Social Security Allowance, In troubling Senior Citizens and Single Women

Kathmandu : Muktinath Bikas Bank located in Golbazar Municipality-4 of Siraha has refused to distribute social security allowance due to lack of staff. As the bank did not provide social security allowance on time, 1,277 beneficiaries, including senior citizens...