Bank’s assets cross Rs 84.5 trillion: Global IME and Nabil compete

Kathmandu. The assets of the commercial banks in operation increased by 14.79 percent to Rs 8,454.11[...]

Nepal Electricity Authority (NEA) takes action against two companies including Sagarmatha Lumbini Insurance

Kathmandu. Nepal Insurance Authority (NIA) has taken action against two companies including Sagarmatha Lumbini Insurance. The[...]

The names of the big borrowers of the troubled cooperatives have been made public, how many are there from our Sagarmatha Multipurpose Cooperative to Gautam Shree Cooperative?

Kathmandu. The Troubled Cooperative Management Committee has started making public the names of the big borrowers[...]

National Cooperative Bank election to be held on May 9

Kathmandu. The election to elect a new leadership of the National Cooperatives Bank Limited is scheduled[...]

150 people receive counseling and treatment at Nabil Free Burning Camp in Birgunj

Kathmandu. As many as 150 people have received counselling and treatment services through the 'Nabil Free[...]

This is the exchange rate of foreign currency fixed for today.

. Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for today. As[...]

Money of troubled cooperatives to be returned from the third week of May, 76,000 savers owed Rs 46 billion

Kathmandu. The government has decided to return the money to the savers of the troubled cooperatives[...]

Infrastructure insurance mandatory, three joint secretaries in NEA board

Kathmandu. Now the infrastructure has to be insured. The government has made this provision by amending[...]

Loan Repayment Committee directs borrowers of troubled cooperatives

Kathmandu. The Office of the Troubled Cooperative Management Committee has directed the cooperatives to pay the[...]

Shekhar Golchha re-arrested on bail

. KATHMANDU: Former president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Shekhar[...]

Banks and financial institutions have been required to sell their land within three years.

. KATHMANDU: The Supreme Court (SC) has scrapped the legal provision requiring banks and financial institutions[...]

Modest improvement in ROE of commercial banks, how much? 

Kathmandu. The return on investment (ROE) of commercial banks has improved overall in the current financial[...]