Items Tagged with 'loan'

Banks slash short-term lending rates thumbnail

Banks slash short-term lending rates

Commercial banks have announced a cut in short-term lending rates by half to 2 percentage points in a bid to stimulate ...
Banks lend 20 pc of their loan portfolio to realty thumbnail

Banks lend 20 pc of their loan portfolio to realty

Commercial banks lent Rs 98.2 billion to the realty sector including both housing and land in the first quarter of the ...
NRB Gov: Don’t expect loan at low interest thumbnail

NRB Gov: Don’t expect loan at low interest

Nepal Rastra Bank Governor Yubaraj Khatiwada said on Tuesday that nobody should expect loan at less than 10 percent interest now. ...
Banks sell machinery to recover loans thumbnail

Banks sell machinery to recover loans

Commercial banks which have invested millions of rupees in various factories have been selling their machinery at scrap value to recover ...
Commercial banks’ provisioning up in Q3 thumbnail

Commercial banks’ provisioning up in Q3

The provisioning (for possible losses) of most of the commercial banks has gone up in the third quarter of the current ...
NB Group told to repay Rs 540m bank loan thumbnail

NB Group told to repay Rs 540m bank loan

Nepal Rastra Bank (NRB) has set a final deadline for NB Group, one of the largest promoter shareholders of the troubled ...
Banks, hydropower firm ink deal thumbnail

Banks, hydropower firm ink deal

Ankhukhola Hydropower Company has signed an agreement with six banks and financial institutions that will see Rs 700 million lent to ...
NEA seeks Rs 500m for importing thermal plant parts thumbnail

NEA seeks Rs 500m for importing thermal plant parts

Nepal Electricity Authority (NEA) is preparing to procure the spare parts for the Multifuel Diesel Power Plant in Biratnagar from Wartsila ...
WB gives $89m to ease energy crisis thumbnail

WB gives $89m to ease energy crisis

The World Bank (WB) has approved US$ 89.2 million to support the Nepal government's energy crisis management action plan. The bank's ...