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

KATHMANDU: The mega merger between Nepal’s two pioneer banks, Nepal Investment Bank (NIBL) and Himalayan Bank Limited (HBL), if everything goes as planned, will complete within mid-July and the two entities will start joint operation from July 16. Satisfied with its initial due diligence audit (DDA) report, the board...

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

Base rate of commercial banks decline

Base rate of commercial banks decline

Banks witness decline in their profit by 2.26% on average

Banks witness decline in their profit by 2.26% on average

NRB starts on-site monitoring of banks and financial institutions

NRB starts on-site monitoring of banks and financial institutions

Ten more financial institutions affiliated to RTGS system

Ten more financial institutions affiliated to RTGS system

NRB allows BFIs to charge inter-bank ATM transactions from January 14

NRB allows BFIs to charge inter-bank ATM transactions from January 14

Bank promoters urge govt to issue broker license to banks

Bank promoters urge govt to issue broker license to banks

IPO of Nepal Infrastructure Bank from January 15

IPO of Nepal Infrastructure Bank from January 15

71 BFIs fail to hold AGM on time

71 BFIs fail to hold AGM on time

Prabhu Life Insurance concludes IPO allotment, half a million investors get 10 unit shares each

Prabhu Life Insurance concludes IPO allotment, half a million investors get 10 unit shares each

As NRB tighten cash dividends, banks focus on bonus share

As NRB tighten cash dividends, banks focus on bonus share

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