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Prabhu Bank inks acquisition agreement with Century Commercial Bank in 1:1 swap ratio

KATHMANDU: An agreement for the acquisition of Century Commercial Bank Limited (CCBL) by Prabhu Bank Limited (PRVU) has been completed on Sunday, Shrawan 15. The agreement was signed in the meeting of the joint merger committee of both banks. Through the initial agreement, four members of the seven-member board...

Prabhu Bank inks acquisition agreement with Century Commercial Bank in 1:1 swap ratio
Govt warns of revoking licenses of power developers failing to implement projects

Govt warns of revoking licenses of power developers failing to implement projects

Maoist leader Janardan Sharma appointed Finance Minister for second time

Maoist leader Janardan Sharma appointed Finance Minister for second time

Janardan Sharma to be reinstated as Finance Minister following clean chit on probe

Janardan Sharma to be reinstated as Finance Minister following clean chit on probe

Govt in no mood to privatize Nepal Oil Corporation: Industry Minister Badu

Govt in no mood to privatize Nepal Oil Corporation: Industry Minister Badu

Industry registration up, 309 industries registered in 2021-22

Industry registration up, 309 industries registered in 2021-22

Govt set to re-operate historical Biratnagar Jute Mill which was shut down in 2014

Govt set to re-operate historical Biratnagar Jute Mill which was shut down in 2014

Budget tampering case: Probe committee set to give clean chit to former FinMin Sharma

Budget tampering case: Probe committee set to give clean chit to former FinMin Sharma

Sebon unveils policy to use artificial intelligence in management

Sebon unveils policy to use artificial intelligence in management

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook

Central bank issuing Rs 30 billion worth repo today

Central bank issuing Rs 30 billion worth repo today

Nepal imports 1,807 units of electric vehicles in 2021/22

Nepal imports 1,807 units of electric vehicles in 2021/22

Home Ministry cautions people against going abroad for jobs through visit visa

Home Ministry cautions people against going abroad for jobs through visit visa

Ncell contributes Rs 144 billion in taxes to govt in last five years, Rs 263 billion so far

Ncell contributes Rs 144 billion in taxes to govt in last five years, Rs 263 billion so far

Inflation will remain at 14% till next three months: NRB

Inflation will remain at 14% till next three months: NRB

Tax contrivances: CCTV footage recovers but people could not be identified

Tax contrivances: CCTV footage recovers but people could not be identified

Steep rise in short-term interest rates as inter-bank rate reaches 8.5 % & treasury bills rate 14 %

Steep rise in short-term interest rates as inter-bank rate reaches 8.5 % & treasury bills rate 14 %

Deposit in banks fall by Rs 64 billion in six days adding pressure to liquidity

Deposit in banks fall by Rs 64 billion in six days adding pressure to liquidity

Nepal imports Rs 320 billion worth petroleum products in FY 2021/22

Nepal imports Rs 320 billion worth petroleum products in FY 2021/22

Q4 financial report of 8 commercial banks: NIC Asia holds highest dividend distribution capacity

Q4 financial report of 8 commercial banks: NIC Asia holds highest dividend distribution capacity

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