February 28, 2024 21:30 pm
KATHMANDU, Feb 28: Prime Minister Pushpa Kamal Dahal has assured that the government was seriously working towards addressing the problems of the victims of usury, microfinance and cooperatives.
February 21, 2024 17:58 pm
KATHMANDU, Feb 21: Prime Minister Pushpa Kamal Dahal has pledged to take initiatives to address issues pestering microfinance and cooperatives.
January 30, 2023 19:09 pm
KATHMANDU, Jan 30: Small Farmers Development Bank (SFDB) and RMDC Laghubitta Bittiya Sanstha have been granted the go ahead from Nepal Rastra Bank (NRB) for their merger.
November 28, 2022 20:35 pm
KATHMANDU, Nov 28: Nepal Rastra Bank (NRB) has permitted microfinance institutions (MFIs) to provide dividends of more than 20 percent under certain conditions.
May 27, 2019 05:30 am
DHARAN, May 27: Every month, Shambhu Prasad Gachchhadar ,35, a staffer at the Kathari-based Jiwan Bikash Micro-Finance Ltd in Morang, used to go to Dharan-4, 5 and Yangshila area of Morang to collect deposits from individuals as well as firms.
May 26, 2019 14:26 pm
DHARAN, May 26: An unidentified group shot an employee of Dharan-based microfinance and robbed of around Rs 400,000 on Sunday afternoon.
December 2, 2018 04:00 am
KATHMANDU, Dec 2: Prime Minister KP Sharma Oli has urged microfinance institutions to determine their interest rates in a way that does not put high financial burden on the poor people.
December 1, 2018 17:20 pm
KATHMANDU, Dec 1: Prime Minister KP Sharma Oli has urged the Nepal Rastra Bank to regulate properly the microfinance because the microfinance in the far-flung areas was heard to have imposed 18 percent interest to the people.
November 30, 2018 10:11 am
KATHMANDU, Nov 30: Center for Self-help Development (CSD) is hosting two-day ‘Second National Microfinance Members’ Summit’ in Kathmandu from Saturday.
September 7, 2017 08:41 am
KATHMANDU, Sept 7: Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has cautioned microfinance institutions that the growing unhealthy competition was becoming a challenge for the financial sector of the country.
March 15, 2017 16:41 pm
KATHMANDU, March 15: The 4th National Microfinance Summit organized by the Center for Microfinance (CMF), Nepal has kicked off in the capital from today.
February 22, 2017 21:55 pm
KATHMANDU, Feb 22: Center for Microfinance (CMF), Nepal, is organizing a three-day microfinance summit in Kathmandu from March 15.
February 5, 2017 01:04 am
BAGLUNG, Feb 6: Saraswati Karki of Hatiya, Baglung makes 40,000 a month these days. Despite coming from a middle-class family, she was able to improve her economic condition with her own efforts. Being associated with a microfinance program conducted by CYC Nepal, she was able to take a loan of Rs 5,000 to start her sewing business in 2004.
January 31, 2017 00:30 am
BAGLUNG, Jan 31: Saraswati Karki of Hatiya, Baglung makes 40,000 a month these days.Despite coming from a middle-class family, she was able to improve her economic condition with her own efforts.
January 12, 2017 00:10 am
KATHMANDU, Jan 12: Microfinance institutions (MFIs) will not be allowed to charge borrowers more than 18 percent interest now onwards.
December 31, 2016 09:22 am
KATHMANDU, Dec 31: A majority of microfinance loans mobilized were to productive sectors, according to a report.
December 7, 2016 09:57 am
KATHMANDU, Dec 7: The 4th Annual General Meeting (AGM) of NMB Microfinance Institution has decided to distribute 25 percent bonus shares to its shareholders from the profit earned in Fiscal Year 2015/2016.
August 15, 2016 12:29 pm
KATHMANDU, Aug 15: The Monetary Policy recently unveiled by Nepal Rastra Bank for the fiscal year 2073-74 BS has created ripple among the microfinance bankers and practitioners mainly due to its tough stance on interest spread rate.