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💰 Nepal Finance Wins BIG! Supreme Court Ruling Ends Years-Long Loan Dispute 🎉 What You Need to Know! 1
NEPSE NEWS

💰 Nepal Finance Wins BIG! Supreme Court Ruling Ends Years-Long Loan Dispute 🎉 What You Need to Know!

Nepal Finance Wins Supreme Court Battle: A Landmark Legal Ruling In a significant legal development impacting the finance sector in Nepal, the Supreme Court has delivered its verdict in favor of Nepal Finance Limited. This landmark ruling resolves a protracted loan-related collateral case that has been under judicial review since 2075 B.S. This decision has […]

Banks are reducing Interest rates AGAIN!!! 11
r/NepalStock

Banks are reducing Interest rates AGAIN!!!

Is this decrease in Interest rates done so that the NPL does not rise by a huge amount? I mean, a person taking a loan has to pay less interest, and thus the cost of converting that loan to a NPL is less. Or is there a specific reason?Like, who would keep an FD at

RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81 17
Business | Market | Economy

RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has recently released its first quarterly report for the fiscal year 2080/81, revealing several noteworthy findings. One of the most significant highlights is the impressive growth in net profit, which increased by 6.65%. During the first quarter, RSDC reported a net profit of Rs. 4.07 crores, a marked improvement

How is total interest in fixed deposit calculated? 25
r/NepalStock

How is total interest in fixed deposit calculated?

Apparently Prime bank calculates interest amount in days rather than months. If I have FD of 10lakhs for 10% for 6 months. The return I should get is (10%\*1000000)/2 – 5% tax = 47500 but I get slightly lower amount because its calculated in days. Sometimes its 500rs less, sometimes its 1000. Is this the

"Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan" 29
Business | Market | Economy

“Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan”

  Nabil Bank is introducing an attractive option for home loans, presenting two competitive fixed interest rate choices: 10.99% for a 7-year term and 11.99% for a 10-year term. Homeowners often worry about fluctuating rates impacting their monthly payments, as explained by Chadani Shrestha, Head of the Personal Lending Unit at Nabil Bank. To address

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