KATHMANDU, Jan 22: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has advised the Agricultural Development Bank that it increased investment in the agricultural sector and focused on import replacement.

KATHMANDU, Dec 8: Nepal Rastra Bank’s Governor Mahaprasad Adhikari said the first quarter review of the monetary policy for the current fiscal addresses various issues affecting current inflation, the status of balance of payment and growth rate of the bank loans for the private sector among others.

KATHMANDU, Dec 8: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has reported a 14.9 percent increase in deposits for banks and financial institutions in the current fiscal year.

KATHMANDU, July 20: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that the Monetary Policy for Fiscal Year, 2023/24 would be issued in line with the budget policy. Preparations are underway to bring the monetary policy next week, he said.

KATHMANDU, Dec 2: While the private sector has warned of hitting the streets to exert pressure on Nepal Rastra Bank (NRB) to reduce the interest rates of banks, NRB Governor Maha Prasad Adhikari on Thursday made it clear that the central bank will not change its decision “just because of the protests by the market players”. The chief executive of the country’s central bank, however, expressed readiness to work with the private sector to fix the interest rates if they stand ready for that option.

KATHMANDU, Sept 4: Vice-Chairman of the National Planning Commission (NPC) Dr Bishwonath Paudel has stressed the need for increasing investments in the production and service sector to boost the country's economy.

KATHMANDU, July 17: A protest was held demanding the resignation of Nepal Rastra Bank Governor Maha Prasad Adhikari. The Nepal Student Union and All Nepal National Independent Students’ Union (Revolutionary) held a joint protest demanding Adhikari’s resignation.

KATHMANDU, July 14: The main opposition CPN-UML has clarified that M Adhikari, a member of the finance and planning department of the party, is not the governor of Nepal Rastra Bank (NRB).

KATHMANDU, July 11: Governor of Nepal Rastra Bank (NRB) Maha Prasad Adhikari has said that the inflation will be higher than the target in the coming fiscal year as well.

KATHMANDU, April 30: The Supreme Court has upheld the interim order that allowed Governor of Nepal Rastra Bank Maha Prasad Adhikari, who was suspended by the government, to resume work.

KATHMANDU, April 29: As the hearing on a case filed by Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari against the government's decision did not complete at the Supreme Court on Thursday, the hearing on the petition has been scheduled for Friday as well.

KATHMANDU, April 20: Governor of Nepal Rastra Bank Maha Prasad Adhikari has returned to his work from Wednesday.

KATHMANDU, April 19: Supreme Court has issued a short-term interim order against the government’s decision to suspend Governor of Nepal Rastra Bank Maha Prasad Adhikari.

KATHMANDU, April 12: CPN-UML Chairperson KP Sharma Oli has said that the government’s move to suspend the governor of Nepal Rastra Bank (NRB) is an irresponsible one.

KATHMANDU, April 9: Chairman of the main opposition party, CPN-UML, KP Sharma Oli has said that the government has shown shamelessness by suspending Governor of Nepal Rastra Bank (NRB) Maha Prasad Adhikari.

Energy and agriculture promotion and mergers between banks to get priority

In an interview with Republica’s Sagar Ghimire on Monday, Governor Adhikari discussed the focus of the upcoming monetary policy, plans to provide relief and other facilities to businesses battered by the pandemic, efforts to lower interest rates and measures to safeguard financial stability during the crisis, among others.

KATHMANDU, April 6: The government has appointed Maha Prasad Adhikari as the 17th governor of Nepal Rastra Bank.