KATHMANDU (REPUBLICA): Nepal Rasta Bank (NRB) has permitted Kumari Bank Ltd to acquire Kasthamandap Development Bank Ltd, Pashchimanchal Finance Company Ltd, Mahakali Bikas Bank Ltd and Kankrebihar Development Bank Ltd.

Review of budgetary process urged

February 1, 2017 03:50 am

KATHMANDU, Jan 31: Secretaries of different ministries have said that the budgetary process should be reviewed.

NCC Bank brings new saving product

February 1, 2017 03:49 am

KATHMANDU (REPUBLICA): Nepal Credit and Commerce Bank Ltd has launched 'NCC Utsab Bachat Khata' on the occasion of its 20th anniversary. Issuing a statement, the bank said that customers will get 6.5 percent interest on the saving account.

New Škoda Rapid hits the Nepali roads

February 1, 2017 03:47 am

KATHMANDU (REPUBLICA): MAW Enterprises, the authorized distributor of Skoda in Nepal has launched New Škoda Rapid in the domestic market. Issuing a statement, the company said that the new car has efficient and dynamic 7-speed DSG gearbox with Tiptronics mated to the 1.5 TDI diesel engine.

KATHMANDU (REPUBLICA): Amit Thapa of Kathamandu and Jitendra Baniya of Butwal have won Rs 100,000 each in Red Bull Cash Full Offer. According to a statement issued by Red Bull, the winners have been awarded with a cash prize of Rs 100,000 respectively.

KATHMANDU, Jan 31: Government agencies are losing their institutional capacity to expedite capital spending.

KATHMANDU, Jan 31: The second circuit of Hetauda Matatirtha Transmission Line is now ready for use.

CAN Info-Tech concludes

February 1, 2017 01:17 am

KATHMANDU, Jan 31: The 23rd Subisu CAN Info-Tech concluded in Kathmandu on Tuesday.

KATHMANDU, Jan 31: Himalaya Airlines, a Nepal-China joint venture carrier, has added a second Airbus 320-214 aircraft in its fleet.

KATHMANDU, Jan 31: While bank and financial institutions (BFIs) are raising their fixed deposit rates rapidly to lure deposits to overcome the shortage of loan-able funds, many bankers say such move is less likely to pump money into the banking system.