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[...]

Rana sacks CEO of Himalayan Investment Banker

Kathmandu. Himalayan Investment Bank has sacked its Chief Executive Officer (CEO) Sumer Shumsher JB Rana. A[...]

Nepal Rastra Bank gives pre-approval to NIC Asia Bank to issue right shares 

. Nepal Rastra Bank (NRB) has given permission to NIC Asia Bank to issue 50% right[...]

What is the exchange rate of foreign currency today?

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

The use of digital banking has increased significantly in Gandaki Province.

Pokhara. The overall economic and financial condition of Gandaki Province has been gradually improving in recent[...]

Nepal Rastra Bank (NRB) Governor Poudel will not be relieved of his post, chairpersons, directors and CEOs of three banks have been relieved.

Kathmandu. President Ram Chandra Poudel, on the recommendation of the Council of Ministers, issued the 'Special[...]

What is the exchange rate of foreign currency today?

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

Credit Flow of Commercial Banks Increases by 6.12 Percent: Nabil and Global Competition Declines by 5 Percent, Which One

Kathmandu. KATHMANDU: The credit disbursement of commercial banks has increased marginally till mid-April of the current[...]

National Life Insurance’s Recreational Narayani Cruise Safari Program Concludes

Kathmandu. KATHMANDU: National Life Insurance Company (NLIC) has organized a 2 Night and 3 Day Narayani[...]

Commercial banks earned about one and a half billion interest income, how much? 

Kathmandu. As of mid-April of the current fiscal year, 20 commercial banks have earned a net[...]