BankingNews/ The Latest ruling in a crackdown on corrpution in the financial sector has given the former head of state backed chinese bank a suspended death senrence for taking bribes, state media said. Chinese prisident has launched a sweeping campaign against deep-seated corruption since coming to power a decade ago. however,critics say the policy has

Banking News/Finance Minister Dr. Prakasharan Mahat said that the country’s economy is becoming dynamic. He said that the country’s economy is progressing on a positive path in an interaction on ‘Role of Stakeholders in Economic Revival’ held in Kathmandu. “In the past, a lot of money was spent on non-productive sectors, the economy was under

-Roshan pant- Ethical leadership means guiding and inspiring people by doing what’s right, following good principles and values. It’s when business leaders show the right behavior, both at work and in other situations, based on accepted principles and values. This leadership style emerges from understanding the importance of certain moral guidelines. Ethical leadership is really

Bankingkhabar/ Everest Bank is delighted to announce a groundbreaking collaboration with BitsKraft Pvt. Ltd! Introducing the revolutionary ‘Instant Voice Payment Notification’ service through ‘Koili’ for the banks’ QR merchants. Everest Bank, a pioneer in the banking sector, is propelling towards a future of seamless digital transactions. With ‘Koili,’ our cutting-edge Instant Audio Payment Notification (IPN)

BankingKhabar/The data of Rastra Bank has shown that although deposits in banks and financial institutions are increasing, the pace of credit disbursement is low. According to the data till last May, 3 trillion 70 billion 78 million deposits have been collected in banks and financial institutions in 10 months. This is an increase of about

Laxmi Bank inaugurated its 138th branch in Khandbari municipality -1 of Sankhuwasabha district. Conveniently located at Sajak Tole, the branch can offer full range of retail banking services to its customers and expand its services to small and large businesses. With the above new addition, Laxmi Bank network now includes 138 branches across 50 districts, 5

ICRA Nepal, the first credit rating agency in Nepal which follows world renowned Moody’s standard, has upgraded the issuer rating of Global IME Bank to [ICRANP-IR] A from [ICRANP-IR] A- and its existing subordinated debentures to [ICRANP] LA from [ICRANP] LA-. The ratings indicate an adequate degree of safety regarding the timely servicing of financial

Kamana Sewa Bikas Bank has tied up with Soaltee Enterprise Pvt. Ltd for providing discounts to Kamana Sewa’s customers. Soaltee Crown Plaza, Kathmandu, a Five Star Hotel in Bagmati Province and Soaltee Western Premier, Nepalgunj, a Five Star Hotel in province No. 5 is renowned for its rich history as a pioneer in Nepal’s tourism

Banking Khabar / The new fiscal year begins 2078\79 banks have announced new interest rates.  Where some banks have kept the interest rate same while some have increased. The big banks base rate is likely to fall further while some are trying to raise money on term deposits rather than savings. What is the interest

Banking Khabar / Previous Governor of Nepal Rastra Bank Dr. Chiranjeevi Nepal has focused on the need for the central bank to be addicted in financial stability as people have more trust in the policy of Nepal Rastra Bank than in the budget of the government. He said that the Deuba government should update the