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KATHMANDU, Jan 16: Majority of commercial banks have reduced their base interest rate to single digit after having an excessive amount of loanable funds with them. ....
Minister for Law, Justice and Parliamentary Affairs Dhanraj Gurung has stressed the need for all political parties to come together to prosper Nepal. ....
KATHMANDU, Aug 21: RBB Securities Company, a fully owned subsidiary of Rastriya Banijya Bank, has been granted a license by the Securities Board of Nepal (SEBON) to operate as a limited acting securities broker. The approval signifies a significant step towards expanding the bank's presence in the securities sector. ....
KATHMANDU, July 20: Nepal’s commercial banks earned hefty profits of over Rs 67.23 billion in the first 11 months of the last fiscal year despite a slump in the country’s economic activities. ....
KATHMANDU, July 16: Banks have individually determined their interest rates following the cancellation of an interest rate cartelization scheme by the Nepal Bankers’ Association. The decision, made in the interest of fairness and transparency, has resulted in varied interest rates across banks effective from July 17th. ....