Nepal | April 21, 2019

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Search Results of 'Profit of commercial banks up 14 per cent'

  • Nepse index in upward trend, up 20.67 points

    The country’s sole secondary market continued with its upward trend in the trading week between March 31 and April 4 as commercial banks started publishing their unaudited balance sheets for the fir...

  • Slippery slope in Nepali banking: Need of rescue

    Are bankers turning into shrewd magnates? The recent hue and cry over interest rates on loans has been targeting bankers, and has resulted in substantial slow down in their earnings....

  • Investors flock to banking shares

    The country’s sole secondary market has been buoyed with banks and financial institutions (BFIs) reporting impressive profits and reducing the lending rates on margin loans, as per share investors....

  • ‘Banks working on low return on equity’

    Simply looking at average profit growth of 18 per cent in the last fiscal may not give a clear picture of the situation facing commercial banks in the country, as explained by bankers....

  • Nepse surges to nearly a month-high

    The impressive profits reported by various banks and financial institutions in their unaudited financial reports propelled Nepal Stock Exchange (Nepse) index to surge by 2.51 per cent or 29.69 points ...

  • BFIs are public institutions and cannot act solely like private profit-making entities

    Skyrocketing lending rates caused by the perennial challenge of credit crunch have adversely affected the economy. Nepal Rastra Bank has been criticised for being silent on the rampant hike of interes...

  • Cheap credit still a far-fetched dream

    Industrialist Pashupati Murarka was expecting lending rates to fall following a surge in banks' deposit collection in the final days of the last fiscal year and introduction of a ‘loose' monetary po...

  • Two banks’ balance sheets lack NFRS compliance

    Immediately after the end of fiscal year 2017-18, few commercial banks have published their unaudited financial reports that fall short of the Nepal Financial Reporting Standards (NFRS)....

  • Benchmark index sees gain of 2.17pc

    The Nepal Stock Exchange (Nepse) index, increased by 27.16 points or 2.17 per cent to 1,277.55 points during the trading week between April 8 and 12....

  • NRB eases rules on CCD calculation, lending to productive sector

    Banks facing acute crisis of loanable funds have been provided some relief as Nepal Rastra Bank (NRB) — the central regulatory and monetary authority — has provisioned the credit to core capital c...

  • Credit rate could rise

    It is likely that banks will hike the interest rate on credit as the base rate of a majority of banks increased in the second quarter as compared to the first quarter. Increased cost of deposit collec...

  • Benchmark index snaps four-week losing streak

    The Nepal Stock Exchange (Nepse) index fluctuated wildly in the last trading week between December 31 and January 4. The secondary market index, however, managed to land in the green, after recording ...

  • Banks to publish financial statements as per NFRS

    Commercial banks will have to publish their financial statements as per the Nepal Financial Reporting Standards (NFRS) from this fiscal-end....

  • Profit growth of banks likely to take a hit

    It is likely that the profit of commercial banks will face a sharp decline this fiscal as the first quarter’s financial results of commercial banks have revealed low growth....

  • No respite for Indian banks as bad loans hit record $146 billion

    Indian banks’ sour loans hit a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished data shows, suggesting Asia’s third-largest economy is no nearer to bringing its bad deb...

  • Excess supply exerts pressure on country’s sole secondary market

    The Nepal Stock Exchange (Nepse) index dropped by 1.61 per cent or 25.48 points in the trading week between September 3 and 9. The market remained open for just three days out of the normal five tradi...