KATHMANDU, August 4: The people of the business family backgrounds involved in buying and selling the government land at Lalita Niwas in the name of individuals are absconding.
KATHMANDU, July 20: Nepal’s commercial banks earned hefty profits of over Rs 67.23 billion in the first 11 months of the last fiscal year despite a slump in the country’s economic activities.
KATHMANDU, July 16: Banks have individually determined their interest rates following the cancellation of an interest rate cartelization scheme by the Nepal Bankers’ Association. The decision, made in the interest of fairness and transparency, has resulted in varied interest rates across banks effective from July 17th.