•      Fri Oct 4 2024
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Season of ‘big merger’ of commercial banks, eight banks merge…

Kathmandu: Nepal Rastra Bank (NRB) then Governor Dr Chiranjibi Nepal made a provision of the commercial banks to have paid up capital of Rs 8 billion through the monetary policy of the Fiscal Year 2072/73 BS. The timeline given for this was until the end of Asar, 2074 BS. The

Nepal Telecom to distribute 40% cash dividend to shareholders

Nepal Telecom will be distributing 40% cash dividend to the shareholders from the profit amount of the financial year 2078/79

nepse
NEPSE index plunges over 41 points to close at 2,149.41

The Nepal Stock Exchange (NEPSE) index has decreased 41.02 points to close at 2,149.41 on the last trading day of

NRB
Commercial banks reducing interest rate

Commercial banks are reducing the interest rate for the month of Magh (from January 15- February 12).

World Bank
Nepal’s economic growth rate to remain 5.1% this year: World…

Nepal’s economic growth rate would remain 5.1 percent in the fiscal year 2022/23 and 4.9 percent in 2023/24, a report

Nepal Airlines to operate flights from Falgunanda airport Ilam

Flight services are to take place from the Falgunanda Sukilumba airport of Ilam after a long interval.

President Bidya Devi Bhandari
President Bhandari emphasizes robust economy

President Bidya Devi Bhandari has said proper mobilization of capital is essential to the economy oriented to self-reliance.

Despite high export potential, footwear industry is fragile

The government has identified footwear industry as the sector of high export potential. It is listed among the industries of

NRB
BFIs collect over Rs 530 billion in deposits in six…

Banks and financial institutions (BFIs) have collected over Rs 532 billion in deposits as of January 4 of the current

Global Bank and BOKL Merger
Global IME and BOK bank to start integrated business from…

The integrated business of Global IME Bank and Bank of Kathmandu (BOK) will take place from January 9.