Banking News - Page 11
Sanima Bank, Standard Chartered Launch Nepal's First Real-Time API-Based INR Payment Solution
Sanima Bank and Standard Chartered Bank have introduced Nepal's first real-time API-based payment solution for outward Indian Rupee (INR) transactions, aiming to make cross-border payments faster, more secure, and fully automated.
PCBL Extends Application Period for Rs. 3 Billion Debenture Issue
Prime Commercial Bank has extended the subscription period for its Rs. 3 billion, 10-year debenture issue carrying a 6.25% annual interest rate until Asar 30.
NRB Issues Another Rs. 25 Billion Bond to Absorb Excess Liquidity
The Nepal Rastra Bank has announced a one-year bond worth Rs. 25 billion, taking its total bond issuance to Rs. 105 billion in three consecutive offerings to manage excess liquidity in the banking system.
Garima Bikas Bank Wins ICAN Silver Award for Best Annual Report
Recognized for transparency and corporate governance, the bank earns another national accolade for its FY 2081/82 annual report.
SEBON Approves Laxmi Sunrise Bank's 7% Debenture Worth Rs 3 Arba
The Securities Board of Nepal (SEBON) has granted official approval to Laxmi Sunrise Bank Limited for the issuance of its "10 yrs, 7% Laxmi Sunrise Debenture 2092." The massive bond issue, worth Rs 3 Arba, will offer investors an annual yield of 7% over a 10-year maturity period, with Machapuchhre Capital Limited managing the public and private allocations.
NRB to Absorb Another रू 45 Arba Today to Manage Excess Banking Liquidity
To mop up persistent excess liquidity accumulating within the banking system, Nepal Rastra Bank (NRB) is issuing a 75-day deposit collection instrument worth रू 45 arba via an online auction today.
Kumari Bank Partners with National Path Lab to Offer 10% Healthcare Discount
Kumari Bank Limited has teamed up with National Path Lab and Research Center Limited, enabling its account holders and staff to receive up to a 10% special discount on various laboratory diagnostic services.
NRB Faces Pressure to Align Upcoming Monetary Policy With Private Sector-Friendly Budget Propositions
Despite an exceptionally strong external sector fueled by record remittance inflows and robust foreign exchange reserves, Nepal’s domestic economy remains trapped in a sluggish state, prompting private sector leaders to demand an investment-friendly upcoming Monetary Policy for FY 2083/084 to revive business confidence and stimulate market demand.
Acting CEO Mukesh Kumar Kapoor Resigns from Himalayan Reinsurance
Himalayan Reinsurance Limited's Deputy and Acting CEO, Mukesh Kumar Kapoor, has stepped down from his position, submitting his formal resignation on Ashadh 8, 2083.
Leadership Shift: Chhimek Laghubitta Appoints Rishiraj Joshi as New Board Chairperson
Chhimek Laghubitta Bittiya Sanstha Limited has announced the unanimous election of director Rishiraj Joshi as its new board chairperson during the company's 339th board meeting.
Sanima Reliance Life Insurance Crowned "Corporate Life Insurance of the Year 2026"
Sanima Reliance Life Insurance Limited has been recognized for its digital innovation, service excellence, and sector-leading contribution at the 18th Corporate Business Summit and Awards 2026.
Prime Commercial Bank to Issue NPR 3 Billion Worth of Debentures from Ashar 16
Prime Commercial Bank Limited is set to open the subscription for its 10-year debenture, "6.25% Prime Bank Debenture 2093," starting Ashar 16, offering investors an attractive annual interest rate of 6.25%.