Common People Put 4 Trillion in Savings

Banking Khabar/ According to the National Bank, until the end of Ashadh, 6 trillion 494 billion rupees have been accumulated in banks and financial institutions from 10 sectors. In which the share of personal (savings of the general public) is 62.2 percent of the total deposits. According to National Bank, by the end of Ashadh,


Share Mortgage Loans: 18% Increase in Demand

Banking Khabar/ Recently, the demand for share mortgage loans has started to increase. According to the data published by the Nepal Rastra Bank in the last fiscal year 2080/81, in one year, banks and financial institutions have provided loans of 90 arba 9 crore 32 lakh rupees. Which is 18.1 percent more than the previous


More Than 1 lakh Received Subsidized Loans

Banking Khabar/ In the last financial year 2080/81, more than 1 lakh have taken subsidized loans. According to the data of the Central Bank, 1 lakh 20 thousand 274 borrowers received subsidized loans at the end of Ashadh last year. 1 kharba 26 arba 82 crores of loans that flowed through banks and financial institutions


Credit Disbursements Increased By 5.8%

Banking Khabar/ 2 kharba 76 arba 94 crore rupees of loans have been provided to the private sector from banks and financial institutions. According to the data published by Nepal Rastra Bank, in the last financial year 2080/81, banks and financial institutions provided loans equal to this amount. Which is only 5.8 percent more than


New Interest Rates In Banks

Banking Khabar/ A new interest rate has been implemented in banks from 1st of Bhadra. Commercial banks have further reduced the interest rate on deposits with effect from Bhadra. According to the interest rate information published by 20 commercial banks, one bank, Prime Commercial, has increased the interest rate on personal term deposits, while 7


Global IME Bank Launches ‘Digital Universe’

Bankingkhabar/ Global IME Bank Limited has launched its ‘Digital Universe’, a dedicated digital lounge designed to offer a range of automated banking services in Kamaladi, Kathmandu. Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry, and Chairman of the Bank, inaugurated the lounge, equipped with facilities such as check deposit,


Global IME wins Global Finance ‘Best Bank Award’ for 2024

Bankingkhabar/Global IME Bank Limited has been honored with the Best Bank Award for this year by Global Finance Magazine. Global Finance Magazine selects and honors the best banks worldwide. Global IME Bank has been recognized as the best bank in Nepal for 2024 in terms of long-term reliability, financial resource mobilization, geographical expansion, strategic relationships,


Former bank cheif gets suspended death sentence for bribery in china

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


Loans taken from banks and financial institutions must be repaid at any cost: Minister of Finance

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


‘Ethical Leadership in Nepal’s Banking: A Pillar for Trust, Transparency, and Sustainable Growth’

-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