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Commercial banks report Rs 9.17 billion net profit in first month of FY 2024-25

KATHMANDU: In the first month of the current fiscal year (mid-July to mid-August 2024/25), Nepal’s commercial banks collectively posted a net profit of Rs 9.17 billion, indicating a robust start to the financial year. Among the 24 commercial banks, Global IME Bank led the sector, recording the highest net...

Commercial banks report Rs 9.17 billion net profit in first month of FY 2024-25
Ncell celebrates its 19th anniversary with the launch of Ncell Foundation

Ncell celebrates its 19th anniversary with the launch of Ncell Foundation

Government revenue collection sees 9.74% rise in first two months of fiscal year

Government revenue collection sees 9.74% rise in first two months of fiscal year

Ncell’s two-decade journey: transforming Nepal’s telecom sector and uplifting communities

Ncell’s two-decade journey: transforming Nepal’s telecom sector and uplifting communities

Government urged to expedite separation of Civil Aviation Authority into two entities

Government urged to expedite separation of Civil Aviation Authority into two entities

Experts and Civil Society leaders call upon PM Oli to take urgent steps to improve road safety in the country

Experts and Civil Society leaders call upon PM Oli to take urgent steps to improve road safety in the country

Nepal, Bangladesh, and India set to sign historic trilateral power trade agreement

Nepal, Bangladesh, and India set to sign historic trilateral power trade agreement

SEBON remains stalled amid ongoing legal dispute over chairman appointment

SEBON remains stalled amid ongoing legal dispute over chairman appointment

Commercial banks announce new fixed deposit interest rates for October

Commercial banks announce new fixed deposit interest rates for October

Electricity from national grid reaches Susta Rural Municipality in Nawalparasi

Electricity from national grid reaches Susta Rural Municipality in Nawalparasi

CIAA filed 201 corruption cases in FY 2023-24, involving 1,545 individuals

CIAA filed 201 corruption cases in FY 2023-24, involving 1,545 individuals

Nepal’s potential as an emerging IT hub amid global shifts in the software industry

Nepal’s potential as an emerging IT hub amid global shifts in the software industry

Prime Minister Oli calls for free small digital transactions amid rising concerns over mobile banking fees

Prime Minister Oli calls for free small digital transactions amid rising concerns over mobile banking fees

103 local bodies fail to present budgets two months into fiscal year

103 local bodies fail to present budgets two months into fiscal year

Domestic Airlines raise ticket prices for Dashain festival, fares increase by up to Rs 5,400

Domestic Airlines raise ticket prices for Dashain festival, fares increase by up to Rs 5,400

Only a private sector promotion policy can improve economy: Dhakal

Only a private sector promotion policy can improve economy: Dhakal

Nepal’s Energy sector offers abundant opportunities for investment and production: Karki

Nepal’s Energy sector offers abundant opportunities for investment and production: Karki

Finance Minister Poudel pledges to strengthen domestic resource mobilization

Finance Minister Poudel pledges to strengthen domestic resource mobilization

Huawei digital power highlights future-defining green energy solutions at Nepal Infrastructure Summit 2024

Huawei digital power highlights future-defining green energy solutions at Nepal Infrastructure Summit 2024

NRB’s data shows increase in loan demand, banking sector optimistic

NRB’s data shows increase in loan demand, banking sector optimistic

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