Nepal Cement Board approves Palpa Cement Industries Limited (LCE) to issue IPO

Kathmandu. The Securities Board of Nepal (SEBON) has granted permission to Palpa Cement Industries to issue[...]

Global IME Bank to collaborate with DAI-UDAY Project for extending credit to micro enterprises

. Global IME Bank has signed a memorandum of understanding (MoU) with DAI-Udaya Project to collaborate[...]

Task force urges NRB to allow opening of neo bank

Kathmandu. The task force has recommended the Nepal Rastra Bank (NRB) to allow the establishment of[...]

Task force suggests classification of names of banks and financial institutions 

Kathmandu. KATHMANDU: A task force formed for banking sector reform has suggested changing the existing classification[...]

NRB to attract Rs 25 billion in a single day

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has decided to withdraw Rs 25 billion in a single[...]

Bijaya Laghubitta Bittiya Sanstha to issue FPO

. Bijaya Laghubitta Bittiya Sanstha Limited is going to issue additional public offering (FPO). The organization[...]

What is the exchange rate of foreign currency today?

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

Banking Sector Reform Task Force Recommends: ‘Banks should do these 9 things to make economic activities dynamic’

Kathmandu. The Banking Sector Reform Task Force has suggested that the bank should do 9 things[...]

Task force’s suggestion: Governors should visit villages once a month, less on mortgage and more emphasis on cash flow.

Kathmandu. The Banking Sector Reform Advisory Task Force has suggested 4 things to make credit flow[...]

‘Reform of the management structure is necessary to manage the conflict that arises when the same person is a banker and a businessman’

. KATHMANDU: The Banking Sector Reform Task Force has suggested changing the structure of the Board[...]

Task force recommends: convert promoter shares into ordinary shares, allow commercial banks to bring 30 percent IPO

Kathmandu. The Banking Sector Reform Suggestion Task Force has recommended the banks and financial institutions (BFIs)[...]

Banking Sector Reform Suggestion Task Force’s Recommendations: From Risk-Based Supervision to Recalling NRB Representatives from NEPSE

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has submitted its report to the task force formed to[...]