NCBL mulls to raise capital base to Rs 8 billion, like commercial banks

KATHMANDU, Jan 2: The National Cooperative Bank Limited (NCBL) is mulling to increase its share capital more than two and a half folds to Rs 8 billion, in order to increase its lending capacity to the cooperatives.

सम्बन्धित सामग्री

“We do not need more than 7 commercial banks”

KATHMANDU, APRIL 4: President of Nepal Investment Mega Bank, Prithvi Bahadur Pande, has said that the number of commercial banks in the country is still more than needed. While speaking at the 37th Annual General Meeting (AGM) held today in the capital, he made such a remark. “Given the relatively small size of the Nepali […] The post “We do not need more than 7 commercial banks” appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

Majority of commercial banks except NIC Asia trim down deposit interest rates

KATHMANDU, MARCH 13: Twenty commercial banks have made public new interest rates on the deposits for the coming Nepali month of Chaitra (mid-March to mid-April). A majority of them i.e. 17 reduced interest rates for personal term deposits and institutional deposits. This is attributed to increased liquidity in the banking system and decreased credit flow. […] The post Majority of commercial banks except NIC Asia trim down deposit interest rates appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

Three commercial banks face the music

KATHMANDU, JANUARY 30: Nepal Rastra Bank yesterday took action against three commercial banks for breaching the United Directives 2080 B.S (issued by the central bank). They are Global IME Limited, Prabhu Bank Limited and Himalayan Bank Limited. The first one was found to have collected interest from its customers by increasing the premium rate contrary […] The post Three commercial banks face the music appeared first on Aarthiknews:: A leading business & economic news portal from Nepal.

Season of 'big merger' of commercial banks

NRB then Governor Dr Chiranjibi Nepal made a provision of the commercial banks to have paid up capital of Rs 8 billion through the monetary policy.

Season of 'big merger' of commercial banks

NRB then Governor Dr Chiranjibi Nepal made a provision of the commercial banks to have paid up capital of Rs 8 billion through the monetary policy.

Banks to not cut interest rates

In the month of November, commercial banks are going to keep the deposit interest rate constant.

NRB bars commercial banks from issuing loans for luxury imports

Nepal's central bank, Nepal Rastra Bank (NRB), has barred commercial banks from issuing letters of credit for the import of luxury items citing an impending crisis in the national economy. The post NRB bars commercial banks from issuing loans for luxury imports appeared first on OnlineKhabar English News.