KATHMANDU, Aug 26: When Employees Provident Fund (EPF) agreed to a loan-finance of Rs 800 million to build 22 MW Chilime Hydropower Project two decades ago, it took many by surprised and was seen as a high risk decision.
August 27, 2016 09:28 AM NPT
KATHMANDU, Aug 26: After losing value early in the week, the Nepali rupee gained 3 paisa against the US dollar this week as the Indian currency, with which the rupee is pegged to, gained in value against the greenback.
August 26, 2016 08:40 AM NPT
KATHMANDU, Aug 25: Nepal Rastra Bank (NRB) has directed wholesale microfinance institutions microfinance companies that lend only to other microfinance companies and large groups or institutions to hit their Rs 600 million-paid-up target by mid-July 2018.