Supreme Court orders release of Mega Bank CEO Pandey

Kathmandu. The Supreme Court (SC) has ordered the release of Jyoti Pandey, the chief executive officer[...]

Rs 202 crore of concessional loan interest subsidy, Rs 8.75 crore burden on the state

Kathmandu. An additional financial burden has been put on the state as a large amount of[...]

432 cooperatives to be recovered Rs 67.19 crore: Auditor General 

Kathmandu. The Office of the Auditor General has shown that it has to recover Rs 671.9[...]

Banking sector at challenging juncture

. The banking sector is the backbone of any economy. In a developing country like Nepal,[...]

Nepal Rastra Bank cancels license of Puja Money Changer

Kathmandu. Nepal Rastra Bank (NRB) has cancelled the license of a money changer based in Birgunj.[...]

CIBFIN takes serious note of NIMB CEO arrest

. KATHMANDU: The Confederation of Banks and Financial Institutions (CFIn) Nepal (CIFIN) has expressed serious concern[...]

Tara Manandhar appointed CEO of Muktinath Bikas Bank

Kathmandu. Tara Manandhar has been appointed as the Chief Executive Officer (CEO) of Muktinath Bikas Bank.[...]

NRB to draw Rs 45 billion deposit to manage liquidity

Kathmandu. Nepal Rastra Bank (NRB) is pulling deposits of Rs 45 billion on Friday. The Nepal[...]

New interest rates of banks come into effect from today, 8 banks reduce it, which will pay the most?

Kathmandu. The new interest rates have been implemented by commercial banks from today. Out of the[...]

What is the exchange rate of foreign currency today?

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

Low interest rate due to lack of confidence among investors: Chairman Shrestha

Kathmandu. KATHMANDU: Chairman of Confederation of Bank and Financial Institutions Nepal (CBFIN) Prachanda Bahadur Shrestha has[...]

Names of 284 borrowers of Oriental Co-operative made public (with names)

Kathmandu. The Office of the Troubled Cooperative Management Committee under the Ministry of Land Management, Cooperatives[...]