Recovery of Rs 2.41bn loan uncertain Kathmandu, February 7 Several plots of land in Lalita Niwas of Baluwatar that were acquired illegally have been pledged as collateral to obtain credit of Rs 2.41 billion from different banks and financial institutions, raising uncertainty about the... Horoscopes 08 Feb, 2020
FinMin not banking on NRB guv! Kathmandu, May 3 Probably for the first time in the country’s history, the Ministry of Finance has excluded the governor of Nepal Rastra Bank — the central regulatory and monetary authority — from the budget formulation team. The central... Travel 04 May, 2018
RBB-NIDC merger to conclude by mid-March Kathmandu, January 19 The joint merger committee formed by Rastriya Banijya Bank (RBB) and NIDC Development Bank (NIDC) has decided to complete the merger process on March 15. After finalising the swap ratio at 1:1, the joint merger committee has... 20 Jan, 2018
RBB-NIDC merger deadline likely to be missed Kathmandu, December 25 The set deadline to complete the merger process of government-owned Rastriya Banijya Bank (RBB) and NIDC Development Bank is likely to be missed due to delay in preparatory works. The joint merger committee led by Joint... 26 Dec, 2017
NRB to offload stake from Nepse Kathmandu, December 7 Nepal Rastra Bank (NRB) — the central monetary and regulatory authority — has decided to offload its stake from Nepal Stock Exchange (Nepse) — the sole secondary market of the country. The central bank currently has 34.6... 08 Dec, 2017
RBB, NIDC sign MoU for merger Kathmandu, August 28 Rastriya Banijya Bank (RBB) and NIDC Development Bank have agreed to begin their joint operation from January 14, 2018. Signing the memorandum of understanding (MoU) here today, both banks have committed to finalise the merger... 29 Aug, 2017
Merger talks of RBB, NIDC gather pace Kathmandu, August 6 The merger process between state-owned Rastriya Banijya Bank (RBB) and NIDC Development Bank has gathered speed this week. The separate merger committees formed by both the banks have agreed to form a joint merger committee under... 07 Aug, 2017
Construction of IEV at Chobhar to start soon Kathmandu, March 18 The government’s plan to develop an international exhibition venue (IEV) on 10.3 hectares of land in Chobhar of Kathmandu along with an Inland Clearance Depot (ICD)has gathered pace as the World Bank has given a ‘green... 19 Mar, 2017
Cabinet approves merger of NIDC and RBB Kathmandu, January 27 The government has decided to merge NIDC Development Bank with Rastriya Banijya Bank (RBB). A meeting of the Council of Ministers today took this decision. RBB had paid-up capital of nearly Rs 8.59 billion as of first... 28 Jan, 2017
Govt forms panel to implement pacts signed with Dr Govinda KC KATHMANDU: The government on Friday formed a three-member panel to implement agreements signed with the Tribhuvan University Teaching Hospital's senior orthopaedic surgeon Dr Govinda KC. A Cabinet meeting held today formed the committee headed... Horoscopes 27 Jan, 2017
RBB, NIDC to merge soon: FinMin Mahara Kathmandu, January 23 Deputy Prime Minister and Finance Minister Krishna Bahadur Mahara has said that the merger process of the two government-owned banks — Rastriya Banijya Bank (RBB) and NIDC Development Bank — will begin soon. Speaking... 24 Jan, 2017
Profit of PEs expected to erode by 51.15 per cent this fiscal Kathmandu, May 26 The total profit of all public enterprises (PEs) is expected to decline by more than half in the current fiscal as compared to net profit of Rs 33.92 billion in the previous fiscal year. The Annual Status Update of the PEs that... 27 May, 2016
