Banking & Financial News (Total Posts : 25 )

3.1 million new Mobile banking users added in Nepal

3.1 million mobile banking users have been added in one year. Compared to last year, 31 lakh more new mobile banking users were added this year. According to the latest data of Nepal Rastra Bank, there are 22.2 million 84 thousand 622 mobile banking users till October...

Fixed Deposit Interest Rate in Nepal

Most of the commercial banks have reduced the deposit interest rates for the month of November. Banks have reduced the interest rate of deposits as the banking system has accumulated enough investable funds (liquidity) and the demand for loans has not increased.

What is a Interbank interest rate in Nepal ?

The interest rate of inter-bank transactions has fallen below 2 percentage points. With the accumulation of investable funds in the banking system, the interest rate of inter-bank transactions has also decreased. Currently, this interest rate has fallen to the line of 1.94 percentage points. Currently,...

Commercial Banks Interest Rate of Nepal and Advantages of Fixed Deposit Investment

The fixed deposit interest rate in Nepal has always been discussed as one of the most profitable investments in Nepal. A Fixed Deposit (FD) is a type of financial instrument, provided by banks and other financial institutions, which offers investors a higher rate of interest...

Banks in Nepal, Top 20 Commercial Banks list of Nepal :Banking Nepal

There are 20 Commercial Banks in Nepal as of 31st July 2023. 10 different banks are either merged or were acquired in different fiscal year. After 5 Mergers and 2 Acquisitions of Commercial Banks in Nepal, the number of commercial banks has been decreased on...

Top 10 Banks in Nepal : Banking Nepal

There are 26 commercial banks listed in NEPSE. We have collected data from the Top 10 Commercial banks in Nepal. We comparisons of Commercial banks based on Paid-Up capital, Reserve, NPL, CD Ratio, and net profit. The Banking currency consisted Until the year 1980 AD...

Sanima Bank launched Sanima 5 in 1 Account Services

Sanima Bank has successfully launched Sanima 5 in 1 account service to its valued customers. It is an upgraded version of existing Sanima 3 in 1 account having combination of Savings Account, Demat Account, Share Trading account, C-ASBA (Centralized Application Supported by Blocked Amount) and...

Liquidity pulling from the banking system by Nepal Rastra Bank

After more liquidity in the banking system, Nepal Rastra Bank is going to issue a reverse repo of Rs. The central bank is about to issue a financial instrument reverse repo for a period of 7 days. The National Bank of Liquidity Management is going...

Himalayan Bank agreement with Arogin Health Care Research Centre

An agreement has been signed between Himalayan Bank Limited and Arogin Health Care Research Center to provide 5 to 45 percent discount on the various services provided by the health care center to the customers of the bank.According to the...

NMB Bank has launched WeChat Pay service : Now Chinese tourists can easily pay in Nepal

NMB Bank has launched wechat pay service in Nepal. Through the partnership with China, WeChat Pay, has officially entered the Nepali market for the first time. This partnership has provided new opportunities for Chinese tourists, businessmen and visitors to do business through WeChat.