Monday, March 30, 2020

New Job Vacancy | Jyoti Life Insurance | Apply Deadline: 2076/12/19





Jyoti Life Insurance:
Jyoti Life Insurance Company Limited is established under Company Act 2063 and Insurance Act 2049 as a Public Limited Company in July 2017. The company plans to reach out to all parts of Nepal and make insurance services available to all the Nepali citizens and safeguard their future interests. JyotiLife takes pride in it’s diverse list of promoters. The promoters of the company consists of both, individuals from the diverse business background viz. manufacturing, trading and financial and institutions with strong brand value and presence.

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Friday, March 27, 2020

Banking Exam Notes: Monetary Policy of Nepal | Types, Objectives & Instrument











Monetary Policy:
Monetary policy is the policy adopted by the monetary authority of a country that controls either the interest rate payable on very short-term borrowing or the money supply, often targeting inflation or the interest rate to ensure price stability and general trust in the currency.

Monetary policy is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity.

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Thursday, March 26, 2020

Latest Banking News | Regarding Concession of Bank Interest Rate






Due to the impact of the Corona virus (Covid-29), the interest rate concession demanded by the private sector is not immediately available. Corona said the private sector was demanding a concession of interest rate, adding that there was an increased risk of collapse in the industry.

Nepal Rastra Bank has said that no immediate action will be taken for this. According to the Rastra Bank, Corona has been prepared to circulate the loan loan for interest-free loans and interest payments without delay of one month.

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Banking Tayari | All Information of Bank Act, Rules & Regulation in Brief















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Banking Exam Note: Nepal Rastra Bank Objectives & BOD Formation Process





Nepal Rastra Bank:
NRB, the central bank of Nepal, established in 1956 under the Nepal Rastra Bank Act 1955 is the monetary, regulatory and supervisory authority of banks and financial institutions. The new Nepal Rastra Bank Act 2002 which replaces the erstwhile Act has ensured operational autonomy and independence to the Bank. Key objectives of the Bank are to achieve price and balance of payments stability, manage liquidity and ensure financial stability, develop a sound payments system, and promote financial services. The Board of Directors, chaired by the Governor, is the apex body of policy making and the Governor also discharges his duty as the chief executive of the Bank. Information about the NRB including its policies, functions and activities can be accessed through the menu at the left.

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Tuesday, March 24, 2020

Nepal Government | New Job Vacancy | Health Service Department 2076/12/11





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Monday, March 23, 2020

Rastriya Banijya Bank | Exam Result | Province 5 | Assistant Level 2076






RBB Ltd. - established on January 23, 1966 ( 2022 Magh 10 ) - a synonymous of stable and people's bank in Nepal - is one of the pioneer Bank in the country with the history of more than half century. Earlier constituted under RBB act 2021 with the full ownership of the government of Nepal , the Bank has been running under Bank and Financial Institute Act ( BAFIA ) and Company Act (CA) 2063 at present.The Bank licensed by NRB as a 'A' class commercial Bank of the country, has grown up as an indispensable component of the Nepalese economy.

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Friday, March 20, 2020

New Job Vacancy | Krishi Samagri Company Ltd | 2076/12/07






The Government gave the Agricultural Material Institute to the Companies Act. Transferred to Agricultural Material Company and National View Vision Company to be wholly owned by the government. The Agricultural Goods Company was entrusted with the purchase of chemical fertilizers and distributing sales nationwide. Chemical fertilizers in Nepal do not have their own production, so they have to supply, import and complete all the fertilizers. Although the Agricultural Material Company Limited is wholly owned by the Government of Nepal, the Government intends to operate it by including the private and cooperative sectors in the near future.

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Thursday, March 19, 2020

Exam Result | Rastriya Banijya Bank | Bagmati Pradesh | 2076/12/05






RBB Ltd. - established on January 23, 1966 ( 2022 Magh 10 ) - a synonymous of stable and people's bank in Nepal - is one of the pioneer Bank in the country with the history of more than half century. Earlier constituted under RBB act 2021 with the full ownership of the government of Nepal , the Bank has been running under Bank and Financial Institute Act ( BAFIA ) and Company Act (CA) 2063 at present.The Bank licensed by NRB as a 'A' class commercial Bank of the country, has grown up as an indispensable component of the Nepalese economy.

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Lok Sewa Aayog | All Exam Cancel Notice | 2076/12/06





The Public Service Commission of Nepal was established on 15 June 1951. It is the main constitutional body involved in selecting meritorious candidates required by Government of Nepal for Civil Service Vacancy. It is regarded as one of the most credible modes of recruitment.

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Wednesday, March 18, 2020

New Job Vacancy | Pokhara Finance Limited | Apply Before: 24 March, 2020


Pokhara Finance Limited was established in 2053 B.S. Currently, the company has an Authorized Capital of NPR 940 million and Paid Up/Issued Capital of NPR 655.78 million. Its head office is situated at Newroad, Pokhara-9, Kaski . The company has an ownership of 51% with 49% shares owned by the general public. The company is amongst the oldest finance companies currently operating in Pokhara.

Current Vacancies 

Junior Assistant

  • Job Type: Full Time
  • Total Vacancies: Few
  • Location: Pokhara & other outside valley branches
  • Deadline: 24 March, 2020

Assistant/Senior Assistant

  • Job Type: Full Time
  • Total Vacancies: Few
  • Location: Pokhara, Kathmandu & Sunwal
  • Deadline: 24 March, 2020

Supervisor/Jr. Officer

  • Job Type: Full Time
  • Total Vacancies: Few
  • Location: Pokhara & Kathmandu
  • Deadline: 24 March, 2020

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Monday, March 16, 2020

Updated News: 120 ICU & 1 Thousands Isolated Beds for Corona Treatments in Nepal





Source: onlinekhabar.com 

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Sunday, March 15, 2020

New Job Vacancy | Press Council Nepal | Apply Before: 2076/12/13





Press Council Nepal
Press Council Nepal is a statutory body set up by Government of Nepal to promote the standards of a free press in a democratic society and to advise the government on matters relating to the development of healthy and credible journalism in the country. The need of such an autonomous and independent body was first realised by the first Press Commission set up in 1957. Subsequently, the government set up a Press Advisory Council in 1969, headed by a standing judge of the Supreme Court. In 1972, a 12-member Press Council was constituted by the government following the recommendations of New Communications Plan 1971.

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Friday, March 13, 2020

New Job Vacancy | Nepal Re-Insurance Company Ltd | 2076/11/30





Introduction
Nepal Re-Insurance Company Limited (Nepal Re.), the successor of insurance Pool that was set up in 2003 with the aim to cover damages caused by the terrorism, was incorporated on 7 November 2014, under the Companies Act, 2006 of Nepal i accordance to the decision of Council of Ministers (Nepal) dated 7th August, 2014 to convert the Insurance Pool, Nepal into Reinsurance Company. Nepal Re was formally inaugurated on 22nd December 2014 by the Hon’ble Finance Minister Dr.Ram Sharan Mahat. It is established in the PPP Model with equity participation of GovernmeNepal Re-Insurance Company Limited (Nepal Re), the successor of Insurance pool that was set up in 2003 with the aim to cover damages caused by the terrorism, was incorporated on 7 November 2014, under the Companies

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New Job Vacancy | Leading Commercial Bank | Various Positions


Current Vacancies 

Marketing Executive (Direct Sales Agents)

  • Job Type: Contract
  • Total Vacancies: Few
  • Location: Outside Valley
  • Deadline: 28 March, 2020

Messenger

  • Job Type: Full Time
  • Total Vacancies: Few
  • Location: Khusibu, Kathmandu
  • Deadline: 14 March, 2020

Support Staff

  • Job Type: Contract
  • Total Vacancies: Few
  • Location: Narayanghat and Birgung
  • Deadline: 14 March, 2020

Direct Sales Agents (DSA)

  • Job Type: Contract
  • Total Vacancies: Few
  • Location: Inside and Outside valley.
  • Deadline: 14 March, 2020


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A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries.

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