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Five big cooperatives in Kathmandu set to merge

KATHMANDU: With the rise in unhealthy competition among cooperatives due to numerical growth, the cooperatives have started opting for spontaneous integration (merger). Although the Department of Cooperatives had introduced the merger procedure in 2070, the cooperatives were skeptical about merger until now. However, the cooperatives have realized the need of...

Five big cooperatives in Kathmandu set to merge
CD ratio of banks stands at 88.33 % due to aggressive lending

CD ratio of banks stands at 88.33 % due to aggressive lending

NRB puts cap on working capital loans to businesses

NRB puts cap on working capital loans to businesses

IMF halted providing loan to Nepal

IMF halted providing loan to Nepal

BOK and Himalayan Bank got back counter guarantee money from China

BOK and Himalayan Bank got back counter guarantee money from China

NMB Bank announces Women led and women only branches in all provinces

NMB Bank announces Women led and women only branches in all provinces

BFIs to charge up to five rupees for filling IPO

BFIs to charge up to five rupees for filling IPO

NRB itself purchasing treasury bills on interest rate issues

NRB itself purchasing treasury bills on interest rate issues

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China announces to commission feasibility study of Kerung-Kathmandu railway

Sanima Bank receives US$ 20 million loan for MSMEs from IFC

Sanima Bank receives US$ 20 million loan for MSMEs from IFC

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69 local governments yet to introduce annual budget for current fiscal year

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Profit of commercial banks up by 23.14% in 2021-22 despite prolonged liquidity crisis

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Cheque bounce now a banking offense as SC revokes its previous verdict

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Nabil Bank’s net profit increases by 9.83% to Rs Rs 4.97 billion

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Standard Chartered, NCC Bank face NRB action on failure to maintain CRR & SLR

NRB removes limitations on cash dividend by banks and financial institutions

NRB removes limitations on cash dividend by banks and financial institutions

NRB revokes financial concessions announced during Covid-19 pandemic

NRB revokes financial concessions announced during Covid-19 pandemic

Himalayan Bank and BoK wins bank guarantee case in China, to get Rs 1.5 billion

Himalayan Bank and BoK wins bank guarantee case in China, to get Rs 1.5 billion

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