Governor Nepal urges BFIs to be service-oriented

Published On: January 7, 2017 12:00 PM NPT By: Republica

DHANKUTA, Jan 7: Nepal Rastra Bank (NRB) Governor Dr Chiranjibi Nepal has urged the banks and financial institutes (BFIs) to refrain from intimidating the public and work in the spirit of service.

KATHMANDU, Jan 7: Bank and financial institutions (BFIs), which have been seeking financing facility from the Nepal Rastra Bank (NRB) to ease 'liquidity crunch' problem, have showed reluctance to receive funds from the central bank under repo having two-week maturity.

Formation of labor bank in limbo

Published On: January 7, 2017 12:50 AM NPT By: RUDRA KHADKA

KATHMANDU, Jan 7: Formation of Labor Bank, which is said to utilize remittances sent by migrant workers, is becoming uncertain due to government's apathy.

Fashion Sasto Bazar comes into operation

Published On: January 6, 2017 10:30 PM NPT By: Republica

KATHMANDU, Jan 6: Fashion Sasto Bazar officially started its operation from Thursday.

Om Development Bank to implement ASBA system

Published On: January 6, 2017 10:25 PM NPT By: Republica

KATHMANDU, Jan 6: Om Development Bank Ltd has received approval from the Securities Board of Nepal (SEBON) to implement Applications Supported by Blocked Amount (ASBA) system.

LG offers sure shot gift

Published On: January 6, 2017 10:15 PM NPT By: Republica

KATHMANDU, Jan 6: CG Electronics -- the authorized dealer of LG for Nepal -- has brought a sure shot gift on purchase of LG Convection Microwave Ovens.

SBL supports eye patients

Published On: January 6, 2017 10:10 PM NPT By: Republica

KATHMANDU, Jan 6: Siddhartha Bank Limited is supporting Nepal Eye Hospital, Tripureshwar to conduct cataract surgeries of 15 economically marginalized patients from different locations of Kathmandu Valley, as a part of its Corporate Social Responsibility initiative.

Subisu enters 17 years of operations

Published On: January 6, 2017 10:05 PM NPT By: Republica

KATHMANDU, Jan 6: Subisu Cablenet Pvt Ltd, an Internet, network and television service provider -- has entered into 17th year of operation.

Himalayan Bank approves 30% bonus shares

Published On: January 6, 2017 10:00 PM NPT By: Republica

KATHMANDU, Jan 6: The 24th Annual General Meeting (AGM) of Himalayan Bank Limited, chaired by Chairman Manoj Bahadur Shrestha, -- has approved a proposal to distribute 30 percent bonus shares and 1.58 percent cash dividend (for tax purpose) to the bank's shareholders.

Langtang featured in NYT's '52 places to go' list

Published On: January 6, 2017 09:30 PM NPT By: Republica

KATHMANDU, Jan 6: Nepal's Langtang Region has been featured in The New York Times-Travel '52 places to go in 2017' list.