KATHMANDU, Feb 8: Start-ups will be entitled to receive subsidized loans of up to Rs 2.5 million at just three percent interest per annum from Wednesday, following the government’s decision to implement the 'Start-up Enterprises Credit Operation Working Procedure 2023' with immediate effect.

KATHMANDU, Jan 24: The government-owned Rastriya Banijya Bank (RBB) has marked its 59th year of establishment. The bank, which was established on January 23, 1966 under the full ownership of the government, said that it is currently committed to modern banking services.

KATHMANDU, Nov 30: The Supreme Court (SC) has issued the verdict on the corruption case involving the embezzlement of over Rs 1.25 billion in loans from Rastriya Banijya Bank. A joint bench of Justices Prakashman Singh Raut and Kumar Chudal delivered the final verdict on November 23, concluding a 12-year legal process.

KATHMANDU, Aug 21: RBB Securities Company, a fully owned subsidiary of Rastriya Banijya Bank, has been granted a license by the Securities Board of Nepal (SEBON) to operate as a limited acting securities broker. The approval signifies a significant step towards expanding the bank's presence in the securities sector.

KATHMANDU, June 19: In response to the economic conditions in the commercial sector of the country, Rastriya Banijya Bank has announced a special discount of 5% on the interest paid by all borrowers across all types of loans. This discount offer will be applicable from June 16 to July 16.

KATHMANDU, May 22: Nepal Rastra Bank (NRB) has sold 69.77 percent of its shares in Nepal Stock Exchange (Nepse) to Rastriya Banijya Bank (RBB).

KATHMANDU, Nov 24: The interest rate of bank loans is less likely to fall in the second quarter of the current Fiscal Year 2019/20. Rather, some of the commercial banks may raise their lending rates.

Way to revive NAC

September 11, 2019 02:00 am

By all means, Nepal Airlines Corporation (NAC), the only and the oldest state-owned airlines company of the country, is in a sorry state.

KATHMANDU, Aug 25: The once ailing government-owned commercial bank, Rastriya Banijya Bank Ltd (RBB), has now become the highest profit earner in the banking sector.

Banijya Bank's branch catches fire

August 19, 2019 11:50 am

CHITWAN, Aug 19: Fire engulfed a building of the Rastriya Banijya Bank based in Bharatpur Metropolitan City-10, Chaubiskothi this morning.

KATHMANDU, July 29: The state-owned Rastriya Banijya Bank (RBB) Ltd earned over Rs 4.5 billion in net profit in the last fiscal year 2018/19.