Cooperatives apply for refund of Rs 5.27 billion

. Six thousand savers have applied to the Cooperative Department of Kathmandu Metropolitan City (KMC) to[...]

National Money Changer’s license in process

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) is in the process of revoking the license of Rastriya[...]

Nepal Rastra Bank to collect Rs 70 billion deposit for liquidity management

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB), the central bank of Nepal, is set to collect deposits[...]

United Ajod Insurance convenes AGM to approve dividend

Kathmandu. United Ajod Insurance Company has called its 32nd Annual General Meeting (AGM). As per the[...]

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

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has fixed the exchange rate of the foreign currency for[...]

Nepal Bankers’ Association (NBA) has given 21-point recommendations to the NRB for monetary policy: from capital market reform to lowering the limit of loans to the poor

Kathmandu. KATHMANDU: Nepal Bankers' Association (NBA) has furnished 21-point recommendations to the Nepal Rastra Bank (NRB)[...]

NIC Asia Bank Appoints NIMBS Capital as Issue Manager for Right Issue

Kathmandu. NIC ASIA Bank Limited has appointed NIMBS Capital as its issue manager for the issuance[...]

Karki arrested after 13 years on charge of loan default

Kathmandu. Police have arrested Sabita Karki after 13 years on the charge of embezzling loan taken[...]

Commercial banks’ investment in hire purchase loans increased by 11.26 percent.

. As of mid-April of the current fiscal year, 20 commercial banks have invested Rs 125.78[...]

Deepak Kumar Mishra resigns as director of Himalayan Reinsurance Company

Kathmandu. Deepak Kumar Mishra has exited Himalayan Reinsurance Company. Mishra, who was nominated as the promoter[...]

Tele Direct recalls Prithviraj Thapa from board of Himalayan Reinsurance Company

Kathmandu. Himalayan Reinsurance Limited's promoter shareholder Tele Direct Pvt. Ltd. has recalled Prithviraj Thapa as its[...]

Kapoor not to stay as acting CEO of Himalayan Reinsurance Company for a week

Kathmandu. Mukesh Kumar Kapoor has been appointed as the acting CEO of Himalayan Reinsurance Company (HLIC)[...]