FOURTH

Gold Prices Decline for Fourth Consecutive Day 5
Gold | Silver | Forex

Gold Prices Decline for Fourth Consecutive Day

Gold has experienced a consistent decline in value for the past four consecutive trading days. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for pure gold stands at Rs. 1,18,300 per tola. This marks a reduction of Rs. 200 compared to the previous day’s trading value […]

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"Narayani Development Bank Q4 Loss: Rs. 2.91 Cr, Net Worth/Share: Rs. 36" 7
Business | Market | Economy

“Narayani Development Bank Q4 Loss: Rs. 2.91 Cr, Net Worth/Share: Rs. 36”

Narayani Development Bank Limited (NABBC) has released its fourth-quarter report for the financial year 2079-80, showing a net loss of Rs. 2.91 crores. This marks an improvement compared to the same quarter in the previous financial year (2078-79), where the company had a higher net loss of Rs. 5.42 crores. Notably, the impairment charges have […]

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Nepal Rastra Bank Issues Rs. 20 Arba Reverse Repo for the Fourth Time 9
Business | Market | Economy

Nepal Rastra Bank Issues Rs. 20 Arba Reverse Repo for the Fourth Time

  Nepal Rastra Bank (NRB) has responded to the accumulation of excess liquidity in the banking system by issuing another reverse repo. After previously issuing reverse repos on two separate occasions, NRB has now introduced Rs. 20 Arba on Tuesday. The reverse repo is a monetary tool utilized to absorb surplus liquidity and bring stability […]

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How to Renew Driving License in Nepal
Government Related

How to Renew Driving License in Nepal

You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to […]

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Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion 12
Business | Market | Economy

Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion

The Nepal Bankers’ Association (NBA) has published a comprehensive study on deposit and lending trends in Nepal’s commercial banks. This information is current as of the end of Magh in 2079. Until Falgun 01, the CD ratio was 86.24. The total amount of deposits increased by Rs. 14 billion (Arba) in the fourth week of […]

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