Loan growth surpasses deposit mobilization

Published On: September 29, 2016 01:30 AM NPT By: Republica

KATHMANDU, Sept 29: Commercial banks have added Rs 53 billion in deposits in the current fiscal year so far, while they extended Rs 60 billion in loans during the period.

EPF, NT to have equity shares in Bidyut Utpadan Co Ltd

Published On: September 29, 2016 01:10 AM NPT By: Republica

KATHMANDU, Sept 29: As part of the plan to unbundle Nepal Electricity Authority (NEA), Minister for Energy Janardan Sharma has taken initiative to set up a company focused solely on power generation.

Nimbus to sell Chinese seeds

Published On: September 29, 2016 01:00 AM NPT By: Republica

KATHMANDU, Sept 29: Nimbus, one of the leading agro enterprises in the country, is distributing seeds produced by Chinese company Wuhan Comega Seed in the Nepali market.

Govt told to ensure smooth supply of petro products

Published On: September 29, 2016 12:50 AM NPT By: Republica

KATHMANDU, Sept 29: A parliamentary committee has directed the government to prepare a strategy for diversification of petroleum products including liquified petroleum (LP) gas.

Nepal trade information portal launched

Published On: September 29, 2016 12:40 AM NPT By: Republica

KATHMANDU, Sept 29: The government has launched an online trade information portal to help support investment and trade facilitation.

RASUWA, Sept 29: The Supreme Court has quashed a writ petition filed against Nepal Electricity Authority (NEA), paving the way for construction of a key transmission line project in the Trishuli River basin.

Ford, GO Ford celebrate 'Global Caring Month'

Published On: September 28, 2016 08:50 PM NPT By: Republica

KATHMANDU, Sept 28: Ford Motor Company kicked off the 11th annual Global Caring Month in September with Ford volunteers from more than three dozen countries around the world signing up for community projects, including a growing number of emerging markets from Cambodia to Laos, and Myanmar to Samoa, a statement received on Wednesday said.

NBBL, ICAN sign pact for education loan

Published On: September 28, 2016 08:40 PM NPT By: Republica

KATHMANDU, Sept 28: Nepal Bangladesh Bank Ltd (NBBL) and the Institute of Chartered Accountants of Nepal (ICAN) have signed an agreement to provide educational loans to students of ICAN.

Festive scheme on Videocon products

Published On: September 28, 2016 08:40 PM NPT By: Republica

KATHMANDU, Sept 28: K V Overseas Marketing Pvt Ltd and Shree Pashupati Electronics Pvt Ltd -- the authorized distributor of Videocon home appliances in Nepal -- have announced 'Videocon Utsav Ko Raunak' for this festive season.

Cashback offer on Panasonic smartphones

Published On: September 28, 2016 08:35 PM NPT By: Republica

KATHMANDU, Sept 28: Allied Trade Link International, the authorized distributor of Panasonic mobile phones for Nepal, has announced 100 percent cashback offer on purchase of Panasonic phone.