Corporate News

Gurkha Bank's bad loans top 84pc

April - 20-KATHMANDU: The financial health of Gurkha Bikas Bank seems to have

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Banks told to reopen branches

APR 15 - The government has ordered Rastriya Banijya Bank, Agricultural Development Bank and Nepal Bank to reopen their branch offices which were displaced during the decade-long conflict.

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India tops global remittances at $70 billion

WASHINGTON: India received foreign exchange remittances worth $70 billion in 2013 from its migratory workforce to retain the top spot in the world amid a broad slowdown caused by regulatory hindrances on both movement of people and capital.

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Troubled branches can be bought

April 11- KATHMANDU: Financial institutions have now been allowed to buy branches of troubled financial companies, according to a directive issued by Nepal Rastra Bank (NRB) on Wednesday.

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Symbol% ChangeLast PriceTurnover
RBS9.994,658912,726
NNLB9.91765174,755
PFIL9.80112340,980
MTBL9.70181372,507
KKBL7.482308,960
Symbol% ChangeLast PriceTurnover
LFLC-13.47167231,128
CBBL-5.78913425,750
NNFC-5.71198487,584
PRDBL-4.7612086,730
SINDU-4.62124113,550
Symbol% ChangeLast PriceTurnover
CHCL-0.311,93422,829,480
NBL-0.3131717,609,544
CZBIL4.1542712,918,731
NLIC3.985,35512,879,385
NBB1.1859911,841,685