SEP 17 - Eleven months after it introduced base rate for commercial banks , the Nepal Rastra Bank (NRB) has made it mandatory for national-scale development banks and finance companies as well to comply with the provision.
Financial institutions will not accept bearer cheques issued for payments of amounts higher than Rs five million and issued to any firm, company or organisation after November 15, according to the central bank's latest circular.
SEP 09 - The Nepal Rastra Bank (NRB) has directed banks against engaging in hedging of the US dollar through non-deliverable forward (NDF) contracts with international banks.
Nepal Rastra Bank (NRB) has circulated a new banknote of Rs 100 denomination that features Lumbini — birthplace of Lord Buddha.
Sept.3 - KATHMANDU: The central bank is ready to mop up liquidity from financial institutions for the first time in the last three years as banks are struggling to dispose excess money profitably.
KATHMANDU: Bangladesh-based IFIC Bank purchased 2.91 million unit shares of Nepal Bangladesh Bank Ltd (NBBL) from the promoter's group at Nepal Stock Exchange (Nepse) today.
KATHMANDU: To provide end users micro funds at a lower interest rate, the central bank governor has urged microfinance institutions to consider downsizing their operational expense.
February 12, 2020- India, which restricted imports of refined palm oil and palmolein in January, has exempted Nepal and has started issuing licences to import some refined palmolein from the Himalayan nation, two government officials told Reuters.
Read more ...Kathmandu, September 16- The Hydroelectricity Investment and Development Company Ltd (HIDCL) and state-owned Power China Corporation have jointly submitted a project development proposal at the Investment Board Nepal (IBN) to build the 762-megawatt Tamor reservoir project, which will cover Panchthar, Taplejung, Terhathum and Sankhuwasabha districts.
Read more ...Kathmandu, September 10- Nepal Rastra Bank (NRB) has made it mandatory for banks and financial institutions (BFIs) to conduct an audit of their information and technology (IT) system.
Read more ...KATHMANDU: Nepal Rastra Bank has set an age bar for board of directors and chief executive officers of banks and financial institutions (BFIS).
Read more ...Symbol | % Change | Last Price | Turnover |
---|---|---|---|
TPC | 10.1449 | 532.0 | 1,200,368.0 |
NBB | 10.1227 | 359.0 | 78,348,179.0 |
MKJC | 10.0209 | 527.0 | 10,408,576.0 |
NIBLPF | 10.0000 | 11.0 | 251,978.0 |
NTC | 9.9914 | 1,277.0 | 164,339,250.0 |