October 3, 2022, Monday

Bank

NRB is preparing to bring monetary policy in the first week of July

NRB is preparing to bring monetary policy in the first week of July

Nepal Rastra Bank is preparing to make public the monetary policy for the coming Fiscal Year 2089/80. NRB is preparing to make it public within the first week of July. For this, NRB is studying the opinions and suggestions received from various organizations. Speaking at the inaugural function of Banknote Sorting and Briquetting System at…

Today is the last day to secure 11.58 percent dividend of Nepal Insurance

Today is the last day to secure 11.58 percent dividend of Nepal Insurance

Today is the last day to secure 11.58 percent dividend of Nepal Insurance Limited. The company will book-close the shares for the purpose of general meeting and dividend from Tuesday, May 30 to May 30. According to company, only the shareholders who have been trading in Nepse till Monday, May 29 will get the company’s…

  • Financial sector deposits and loans began to improve

    Financial sector deposits and loans began to improve

    There has been some improvement in the financial sector. Looking at the financial situation of the last one week, both deposits and loans have improved. According to the Nepal Bankers Association (NBA) data from April 26 to April 30, both...

  • The Nepalese rupee is the weakest in history

    The Nepalese rupee is the weakest in history

    The Nepalese rupee has historically weakened. The Nepali rupee has been weak so far as the US dollar has appreciated. The Indian currency is weakening due to the effects of the Russia-Ukraine war. When the Indian rupee weakens, the Nepali...

  • One arrested while robbing NIC Asia’s ATM

    One arrested while robbing NIC Asia’s ATM

    One person has been arrested while breaking into an ATM of NIC Asia Bank. A team deployed by the Metropolitan Police Circle, Maligaun, has arrested Akash Tamang, 21, of Gaucharan along with two tools used to break into an ATM....

  • NRB to invest in 286 million term deposits

    NRB to invest in 286 million term deposits

    Nepal Rastra Bank Limited is going to invest Rs. 286 million in term deposits. The bank has informed in a notification that the amount in various funds of the bank will be invested in term deposits of banks and financial...

  • Saptakoshi CEO arrested: 140 million transferred to sister’s account

    Saptakoshi CEO arrested: 140 million transferred to sister’s account

    Three people, including Chief Executive Officer (CEO) Navin Subedi, have been arrested in connection with a Rs 160 million scam involving Saptakoshi Development Bank. Nepal Police have arrested Subedi, Bank Finance Chief Devi Prasad Bhandari and Operations Chief Amit Thapa...

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