Rastra Bank will invest 1 billion 20 million in banks and financial institutions
Kathmandu. Nepal Rastra Bank is going to invest Rs.1 billion 20 million in the Employee Protection Fund in banks and financial institutions. The Central Bank has published a notification and has requested the banks and financial institutions to submit an application within the 7th of Jan.
According to the information, an amount equivalent to Rs 96 crore is going to be invested in A category commercial bank, Rs 18 crore in B category development bank and Rs 6 crore in C category finance company. Banks and financial institutions must have been in operation for at least two years, the minimum total capital fund must be maintained, eight percent of the total loan amount and the net non-performing loan ratio must not exceed three percent.
Express
Related News
What is the exchange rate of which foreign currency for today?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa. Similarly,...
The price of gold increased suddenly, how much per tola will be traded on Friday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 2 thousand 100 rupees. According to the Nepal Gold and Silver Traders Federation, today, gold has been fixed at 267,800 rupees per tola.
On the oth...
Stock market of the week: NEPSE increased on all five days of trading
Kathmandu. In the stock market this week, the NEPSE index, which measures stock trading, has risen for five consecutive days. From Sunday to Thursday, the overall market index increased by more than four decimal points...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one American dollar is 145 rupees 27 paisa and the selling rate is 145 rupees 87 paisa. Simi...
The stock market increased by 10 points, turnover of 4 billion 45 million
Kathmandu. On Wednesday, the stock market increased by 10.30 points. With the increase of that number, the market index NEPSE has remained at 2648.90 points. The previous day, NEPSE increased by 21 points. The transaction amount has generally incr...
Import of petroleum products worth 54 billion 12 crores in four months through Birganj route
Birganj. In the four months of the current financial year, petroleum products worth Rs 54.12 billion have been imported through the Birganj border. 22 billion 900 million revenue has been collected from diesel, petrol,...



