Banking News - Page 2
Nepal Rastra Bank Suspends Four Online Services Amid Cybersecurity Concerns
Nepal Rastra Bank (NRB) has temporarily suspended four online services following reports of cybersecurity risks associated with PHP software worldwide. The central bank has not announced a date for restoring the services, while its official website has also reportedly remained inaccessible for several days.
Siddhartha Bank Launches Online Application for Share-Backed Loans
Siddhartha Bank Limited (SBL) has introduced an online application facility for loans against shares, allowing customers to apply for financing through its BankSmart XP mobile banking app and access loans of up to 70% of the assessed value of pledged shares.
Standard Chartered Bank Limited (SCB) has proposed a 16% dividend for the fiscal year 2082/83.
The bank’s 494th Board of Directors meeting held on Kartik 09 decided to distribute a a 16% cash dividend including tax, based on the bank’s paid-up capital. The company currently has a paid-up capital of Rs. 10.04 arba.
Final Day to Apply for RBB’s 6% Debenture Worth Rs. 3 Billion
Rastriya Banijya Bank Limited has set today, October 27, as the final deadline for investors to apply for its seven-year debenture offering an annual interest rate of 6%. The bank is issuing 3 million debenture units worth Rs. 3 billion.
NRB Raises Daily Digital Wallet Deposit Limit to 50 Transactions During Festive Season
Nepal Rastra Bank (NRB) has temporarily increased the daily limit for deposits into individual digital wallets from 10 to 50 transactions during Dashain, Tihar and Chhath in 2083. The move aims to facilitate increased digital payments and provide greater convenience to users during the festive season.
Manjushree Finance Proposes 20% Dividend for Shareholders, AGM on Kartik 20
Manjushree Finance Limited (MFIL) has called its 19th Annual General Meeting (AGM) for Kartik 20, 2083, with a proposal to distribute a 20% dividend for fiscal year 2082/83. The proposed dividend includes 5% bonus shares worth Rs. 6.75 crore and a 15% cash dividend worth Rs. 20.27 crore for tax purposes.
Nabil Bank Launches Virtual Credit Card, Customers Can Apply Through nBank App
Nabil Bank Limited has introduced its Nabil Virtual Credit Card, allowing eligible and pre-approved customers to apply for and use a credit card digitally through the nBank App. The service supports QR-based payments through Fonepay Merchant QR, eliminating the need for traditional paperwork and branch visits.
Shop Smart with Mahalaxmi Bikas Bank: Get Up to 10% Off at KTM CTY
Mahalaxmi Bikas Bank customers can enjoy discounts of up to 10% on clothing purchases at all 17 KTM CTY outlets across Nepal. The offer is available when paying with the bank’s debit cards, credit cards, or mobile banking services.
Sanima GIC Insurance Announces Auction of 235,448 Promoter Shares at a Minimum Price of Rs. 258
Sanima GIC Insurance Limited is offering 235,448 promoter shares through an auction from Kartik 9 to Kartik 12, 2083. The minimum bid price is Rs. 258 per share, with a minimum application of 5,000 units. Sanima Capital Limited will manage the auction.
Rastriya Banijya Bank Opens Rs 3 Billion Debenture Issue Offering 6% Annual Interest
Rastriya Banijya Bank Limited has opened the issuance and sale of its seven-year debenture, 6% RBBL Debenture 2089, from Ashoj 29. The bank plans to issue 3 million debentures worth Rs 3 billion, offering investors a fixed annual interest rate of 6%.
Khalti Unveils Six New Products at Nepal Fintech Expo 2026
IME Khalti Limited has launched six new products at Nepal Fintech Expo 2026, expanding its digital ecosystem with services covering payments, personal finance management, digital connectivity, and investment.
ICFC Finance Appoints Amit Shrestha as Acting CEO
ICFC Finance Limited has appointed Deputy Chief Executive Officer Amit Shrestha as its Acting Chief Executive Officer, effective from Ashwin 25, 2083 BS, following the completion of Sunil Pant’s tenure.