Sherpa clinches golf title KATHMANDU, JANUARY 17 Pemba Sherpa won the title of the Indian Ambassador’s Invitational Golf Tournament here at the Gokarna Golf Club today. Played under stableford 3/4 handicap format, the seven-handicap amateur golfer scored 39 points to... 18 Jan, 2021
Sherpa, Acharya take lead KATHMANDU, JANUARY 16 Pemba Sherpa and Sadbhav Acharya took lead after the first day of the Indian Ambassador’s Invitational Golf Tournament here at the Gokarna Golf Club today. Played under stabelford 3/4 handicap format, the... 17 Jan, 2021
COVID hits profit of commercial banks Kathmandu, August 23 The profit made by commercial banks in the country dropped by a whopping Rs 8.68 billion in fiscal year 2019-20. According to the unaudited financial statements of the banks, the 27 commercial banks of the country earned a... 24 Aug, 2020
Panel suggests austerity measures for banks and financial institutions KATHMANDU, JULY 15 A committee of bankers today presented its report at the Nepal Bankers’ Association (NBA) suggesting almost a dozen austerity measures that banks can adopt in today’s challenging context. The committee was formed in... 16 Jul, 2020
Banks to adopt austerity measures as COVID-19 hits businesses KATHMANDU, JUNE 28 With their financial position being hit and expected to be hit even harder in the coming months due to the COVID-19 pandemic, banks and financial institutions (BFIs) are falling back on austerity measures including not renewing... 29 Jun, 2020
Nepal SBI pact KATHMANDU: Nepal SBI Bank has entered into an agreement with Fonepay Payment Service for merchant acquisition by the bank for QR payment. On behalf of Nepal SBI Bank, Subhakanta Kanungo, chief operating officer and deputy chief executive officer,... 14 Mar, 2020
Local bourse soars to 30-month high Kathmandu, February 27 Despite talks doing the rounds now that Yubaraj Khatiwada will continue as the finance minister, the Nepal Stock Exchange (Nepse) index hit a 30-month high and the daily turnover crossed an eye-popping Rs 4.46 billion for the... 28 Feb, 2020
Nepse bull run continues, crosses 1,500-point threshold Kathmandu, February 23 As talks about Finance Minister Yubaraj Khatiwada quitting the government has started to do the rounds, the country’s sole secondary market has created history. Keeping with the bullish trend of the previous few weeks,... 24 Feb, 2020
Commercial banks record Rs 16.17bn profit in 1st quarter Kathmandu, November 17 The collective profit of commercial banks has increased by 6.25 per cent to Rs 16.17 billion in the first quarter of the current fiscal year. During the same period last fiscal year, 28 commercial banks collectively had... 18 Nov, 2019
Understanding e-payment network KATHMANDU: While SCT receives e-payment service from Himalayan Bank, it is offering payment services to Agricultural Development Bank, Civil Bank, Everest Bank, Himalayan Bank, Laxmi Bank, Mega Bank, Nabil Bank and NMB Bank. Neps receives e-payment... 04 Sep, 2019
Editorial: Enhance bank security That Nepali banks are the target of hackers time and again means security in the banking sector is not up to the mark The ease with which a team of Chinese nationals stole millions of rupees from several ATMs in Kathmandu last weekend by hacking into... 03 Sep, 2019
Betan Karnali DPR to be completed by August Kathmandu, April 23 The Employees Provident Fund (EPF) has said that the works related to the detailed project report (DPR) of the 425-megawatt peaking-runof-the-river type Betan Karnali hydropower project will be completed by August. Works... 24 Apr, 2019
