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NPLs near 5% and banks struggle with unsold collateral

Kathmandu, Nov 13: In recent years, as Nepal’s economy has slowed down, the banking sector has come under increasing pressure due to the rise in non-performing loans (NPLs) and non-banking assets (NBAs). According to the first quarter financial reports for FY 2082/83BS (2025/26), the growing volume of bad loans has

Global IME Bank concludes its 19th AGM, proposes 8% cash…

The AGM unanimously approved the Board’s proposal to distribute an 8% cash dividend (including tax) from the bank’s accumulated profits

Govt notifies of amendment in domestic tax legislation concerning Anti-Treaty…

The Government of Nepal has formally notified about the substantive change in its domestic taxation legislation to seven of its

gold
Gold price slightly declines, trading at Rs. 244,300 per tola

The price of gold has seen a slight drop in the domestic market today compared to Tuesday.

NRN Infrastructure proposes 42.105% dividend

The meeting of the board of directors has proposed a 40% bonus shares worth Rs. 51.37 crores and a 2.105%

Sana Kisan Laghubitta proposes 15% dividend

Sana Kisan Bikas Laghubitta Bittiya Sanstha (SKBBL) has proposed a 15% dividend worth Rs. 64.68 crores for the fiscal year

Industrial and tourism fair kicks off in Kanchanpur

The third Shuklaphanta industrial and tourism fair kicked off at Jhalari in the district on Tuesday. The fair is organized

Montha-led rain damages paddy planted in 10,000 hectares of land

The heavy rainfall caused by the Montha cyclone has damaged paddy planted in more than 10,000 hectares of land in

Billions saved as security printing center nears full operation in…

The center will be able to provide nine types of paper-based security printing services — including citizenship certificates, excise stickers,

Rainfall causes over 2 billion rupees damage in Koshi Province

The Agriculture Development Directorate in Biratnagar has announced that persistent rain has resulted in damage to paddy crops exceeding Rs