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Customs officials, security personnel and smugglers are hand in glove in smuggling of goods!
Published On: July 3, 2024 09:44 AM NPT By: Arjun Oli
NEPALGUNJ, July 3: Goods are easily smuggled through the Nepalgunj border in western Nepal, which is connected to India. The smugglers have effectively engaged the customs officials, security personnel and others to smuggle large quantities of goods.
NRB to provide collateral-free loans to foreign employment seekers
Published On: July 26, 2024 09:58 PM NPT By: Republica
KATHMANDU, July 26: Nepal Rastra Bank (NRB) through its monetary policy for the current fiscal year 2024/25 has introduced a provision for collateral-free loans to those going for foreign employment.
NRB to review microfinance loan interest rate
Published On: July 26, 2024 07:31 PM NPT By: Republica
KATHMANDU, July 26: The Nepal Rastra Bank (NRB) has decided to review the interest rate for loans to be issued by microfinance companies.
Mahakali Irrigation Project sees only 22 percent physical progress in 18 years
Published On: July 26, 2024 06:19 PM NPT By: Republica
DODHARA CHANDANI (KANCHANPUR), July 26: The physical progress of the Mahakali Irrigation Project started 18 years ago is only 22 per cent.
Govt introduces special provisions to support budget’s key initiatives
Published On: July 26, 2024 05:06 PM NPT By: Republica
KATHMANDU, July 26 The government has introduced special provisions in the monetary policy to support the implementation of key initiatives outlined in the current fiscal year's budget.
NRB implements flexible policy to manage pressure on capital funds
Published On: July 26, 2024 04:05 PM NPT By: Republica
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has implemented flexible measures through the monetary policy of the current fiscal year 2024/25 to manage the pressure on the capital funds of banks and financial institutions (BFIs)
NRB to refund depositors up to Rs 500,000 using cooperatives’ assets as collateral
Published On: July 26, 2024 03:31 PM NPT By: Republica
KATHMANDU, July 26: The Nepal Rastra Bank (NRB) has introduced a new policy to safeguard depositors, announcing that it will return up to Rs 500,000 to individuals using the assets of cooperatives’ operators and their family members as collateral.
Parties agree in principle on TRC bill, to finalize it after stakeholder consultation
Published On: July 26, 2024 03:00 PM NPT By: Republica
KATHMANDU, July 26: A meeting of the transitional justice mechanism concluded today, marking a significant step towards finalizing the TRC Bill. The discussion took place at the Ministry of Home Affairs in Singha Durbar on Friday morning, focusing on reaching a consensus regarding the bill.
Gyawali appointed as independent woman director and Regmi as CEO of Global IME bank
Published On: July 26, 2024 02:57 PM NPT By: Republica
KATHMANDU, July 24: Bhagirathi Bhattarai Gyawali has been appointed as the independent woman director and Surendra Raj Regmi as the chief executive officer (CEO) of Global IME Bank.
Construction entrepreneurs can pay interest on loans by November 2024
Published On: July 26, 2024 02:25 PM NPT By: Republica
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has extended the deadline for the payment of principal and interest on loans disbursed to construction entrepreneurs till November 2024.
Monetary Policy 2024/2025: NRB lowers bank rate and deposit collection rates
Published On: July 26, 2024 02:15 PM NPT By: Republica
KATHMANDU, July 26: Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for fiscal year 2024/2025. The NRB has lowered the bank rate and the deposit collection rate through the new monetary policy.
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