Money piled up in banks, Nepal Rastra Bank withdrawing Rs 30 billion today

Kathmandu. Nepal Rastra Bank is going to raise 30 billion rupees from the market today (Sunday).[...]

Commercial banks’ profit reaches Rs 41.25 billion, Nabil, NIMB and Global in top three

Kathmandu. 20 commercial banks have earned a profit of Rs 41 billion more in the third[...]

The governor, who is ranked 12th in the hierarchy, is the only one in power, appointed by an employee.

Kathmandu. According to the order of merit published in the gazette by the Ministry of Home[...]

Rastriya Banijya Bank’s bond sale worth Rs 2.5 billion begins, offering 7 percent interest rate

Kathmandu. Rastriya Banijya Bank is going to sell bonds worth Rs 2.5 billion from today.The bank[...]

Citizens Bank provides food for 18 days to homeless people living on the streets, conducts free health camps

Kathmandu. Citizens Bank has provided food for 18 days to the homeless and organized a free[...]

Gunakar Bhatta resigns as Executive Director, looks set to become Governor

Kathmandu. Executive Director of the Nepal Rastra Bank, Gunakar Bhatta, has resigned. Bhatta said that he[...]

Banks are being squeezed by non-banking assets: Increased by 80 percent in 8 months, how much of which?

Kathmandu. The non-banking assets of commercial banks have increased in the 8 months of the current[...]

What would happen if 100 rupees were converted into 200 rupees? Nar Bahadur Thapa’s thoughts

Nepal has been adopting a kind of fixed exchange rate with the Indian rupee since 2017.[...]

‘There is a tug-of-war between the middlemen in the appointment of the governor’ – Prachanda

Kathmandu. Maoist Center Chairman Pushpa Kamal Dahal 'Prachanda' has said that middlemen are dominating the appointment[...]

InfoDevelopers and One Point Financial Services collaborate to provide API services to banks

Kathmandu. A strategic partnership has been launched between InfoDevelopers Pvt. Ltd., a leading software and fintech[...]