The government is returning the savings by recovering the loans of the problematic cooperatives, the revolving fund has not been set up yet.

Kathmandu. The government has clarified that the amount received from the loan recovery of the troubled[...]

Himalayan Reinsurance Company allows IPO at premium price while Chhetri becomes director

Kathmandu. The Securities Board of Nepal (SEBON) had amended the rules to allow Himalayan Reinsurance Company[...]

NIC ASIA Bank provides support to Dudhmati National Primary School

Kathmandu. As a part of its Corporate Social Responsibility, NIC Asia Bank has provided various educational[...]

NRB Act Amendment Bill in Parliament: Restructuring of provisions related to appointment of governor and directors, what are the other provisions?

Kathmandu. KATHMANDU: The government has registered a bill designed to amend the Nepal Rastra Bank Act-2058[...]

Vision Concern and MetLife sign MoU

. Vision Concern Pvt. Ltd. and MetLife Nepal have signed a memorandum of understanding (MoU) to[...]

Bankers’ Association gives 13 suggestions for the budget: from increasing the limit of tax exemption on donations to reducing the limit of income tax

Kathmandu. Nepal Bankers' Association (NBA) has furnished a 13-point suggestion for the upcoming fiscal year. The[...]

NRA seeks suggestions from insured and general public to amend claim payment guidelines

Kathmandu. KATHMANDU: Nepal Insurance Authority (NEA) is to amend its 'Insurance Claim Payment Guideline, 2081'. The[...]

Banking service expands in Lumbini Province: Over 2100 branches, deposits cross Rs 700 billion

Kathmandu. With the expansion of access of banks and financial institutions in Lumbini Province, banking transactions[...]

This is the exchange rate of foreign currency for today.

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

Names of borrowers of Ghedung, Citizen Welfare, Ideal Yamuna Multipurpose Cooperative made public, directive to repay loans (with name)

Kathmandu. The Troubled Cooperative Management Committee has made public the names of the borrowers of the[...]

Govt to make public report of Cooperative Irregularities Inquiry Commission

Kathmandu. The government has decided to make public the report of the Commission of Inquiry into[...]

Sanima Reliance Life’s Renaissance Campaign

Kathmandu. Sanima Reliance Life Insurance has initiated a renaissance drive with cent percent discount on late[...]