Stock related news & regulations of Nepal Rastra Bank

KATHMANDU, Sept 15: Nepal Rastra Bank (NRB) and Reserve Bank of India (RBI) have signed a memorandum of understanding (MoU) to increase supervisory cooperation between the two central banks.

Issuing a statement, RBI said that the two central banks signed "Supervisory Cooperation and Exchange of Supervisory Information" at India's central regulatory bank's Mumbai-based headquarters on Monday. Narayan Prasad Paudel, executive director of NRB, and Meena Hemchandra, executive director of RBI, signed the MoU on behalf of their respective institutions.

NRB Spokesperson Trilochan Pangeni told Republica that implementation of the agreement will promote greater cooperation and share supervisory information between the two central banks. "NRB and RBI have similar supervisory system.

The agreement will pave the way for the two countries to share knowledge and information on supervision of banking system," Pangeni, who is also the executive director of NRB, said. "The agreement on cooperation and sharing of supervisory knowledge and information is more significant given the fact that there is open border between the two countries which also allow open financial transactions between their people and companies," he added.

Source: Republica

Corporate News

Joint Operation of Kumari Bank

June 18, Kathmandu - Nepal Rastra Bank has given approval for the acquisition of three development bank and one finance company to Kumari Bank.

Read more ...

Remittance growth retards

Kathmandu, June 10 - Growth of remittance has plummeted heavily this fiscal as compared to previous fiscal year.

Read more ...

Nabil, TBC join hands

KATHMANDU June 07: Nabil Bank and The British Council (TBC) have entered into an agreement to facilitate payment of fees by students for various tests including IELTS.

Read more ...

Bankers oppose NRB proposal on floating interest rate loans

KATHMANDU, March 23: Bankers have said that it was not possible to follow a new rule proposed by the Nepal Rastra Bank (NRB) that will prohibit them to revise interest rates on floated loans more than twice a year.

Read more ...
Symbol % Change Last Price Turnover
UFL 6.0000 265.0 173,220.0
NBF1 5.2632 20.0 31,177.0
EBL 4.7041 1,380.0 41,502,313.0
GFCL 4.5455 207.0 494,280.0
CLBSL 3.9936 1,302.0 195,700.0
Symbol % Change Last Price Turnover
SKDBL -6.4935 360.0 2,465,632.0
EBLCP -4.4101 867.0 804,290.0
GRDBL -4.1096 630.0 265,860.0
SINDU -4.0000 336.0 1,534,424.0
ARUN -3.4314 197.0 134,710.0
Symbol % Change Last Price Turnover
PRVUPO 0.0000 190.0 141,267,660.0
EBL 4.7041 1,380.0 41,502,313.0
SCB 0.0440 2,275.0 28,067,533.0
PLIC 0.2344 2,566.0 27,478,564.0
SBL -1.2220 485.0 26,757,006.0