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Rift over consortium financing made in Smart Cell delays NIBL, HBL merger

KATHMANDU: The mega-merger between Nepal’s two pioneer banks, Nepal Investment Bank (NIBL) and Himalayan Bank Limited (HBL), has been delayed owing to the rift between these two banks over consortium financing made in Smart Cell, a telecom firm. The consortium of NIBL and Prime Bank is learned to have financed...

Rift over consortium financing made in Smart Cell delays NIBL, HBL merger
NRB instruct banks to adopt measures to minimize COVID-19 risk

NRB instruct banks to adopt measures to minimize COVID-19 risk

NRB issuing treasury bill of Rs 10.25 billion today

NRB issuing treasury bill of Rs 10.25 billion today

Debenture of Global IME Bank oversubscribed

Debenture of Global IME Bank oversubscribed

Sudesh Khaling becomes first Nepali CEO of Everest Bank

Sudesh Khaling becomes first Nepali CEO of Everest Bank

Nabil Bank becomes biggest taxpayer among banks for 5th time

Nabil Bank becomes biggest taxpayer among banks for 5th time

Citizens Bank launches USD E-COM Card for Nepalese customers

Citizens Bank launches USD E-COM Card for Nepalese customers

Global IME Bank’s 257th branchless banking unit at Darbot of Rolpa

Global IME Bank’s 257th branchless banking unit at Darbot of Rolpa

NMB Bank introduces Dollar Card to ease international purchase & payment

NMB Bank introduces Dollar Card to ease international purchase & payment

Nabil introduces Nabil iCard enabling payment of dollar transactions in rupees

Nabil introduces Nabil iCard enabling payment of dollar transactions in rupees

Himalayan Bank, Nepal Investment Bank to start joint transaction from July 16

Himalayan Bank, Nepal Investment Bank to start joint transaction from July 16

Rs 82.29 billion worth refinancing loan issued in seven months

Rs 82.29 billion worth refinancing loan issued in seven months

Global IME Bank issues debenture worth Rs 3 billion from today

Global IME Bank issues debenture worth Rs 3 billion from today

Neelam Timsina, Bam Bd Mishra appointed NRB’s deputy governors

Neelam Timsina, Bam Bd Mishra appointed NRB’s deputy governors

Banks gave away Rs 13 billion interest waiver to borrowers during COVID-19 pandemic

Banks gave away Rs 13 billion interest waiver to borrowers during COVID-19 pandemic

NRB raises daily limit for internet, electronic payments

NRB raises daily limit for internet, electronic payments

Central bank to take action against BFIs breaching spread rate requirements

Central bank to take action against BFIs breaching spread rate requirements

NIBL to introduce mobile banking, wallet app ‘Thaili’

NIBL to introduce mobile banking, wallet app ‘Thaili’

NRB to mop up Rs 20 billion liquidity from market next week

NRB to mop up Rs 20 billion liquidity from market next week

Mid-term review of Monetary Policy: NRB assures additional relief to pandemic-hit businesses

Mid-term review of Monetary Policy: NRB assures additional relief to pandemic-hit businesses

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