April 18, 2024 20:48 pm
KATHMANDU, April 18: Nepali banks and financial institutions (BFIs) increased their lending by 4.3 percent in the first eight months of the current Fiscal Year (FY) 2023/24.
March 17, 2024 08:00 am
KATHMANDU, March 17: In a major breakthrough on facilitation of cross-border online payments, Nepal Rastra Bank (NRB) has revised its policy permitting traders and Nepali workers in India to use digital platforms to transfer their money.
March 11, 2024 19:20 pm
KATHMANDU, March 11: Large stock investors have increased their utilization of share mortgage loans, marking an increase by 11.6 percent in seven months. According to the data of Nepal Rastra Bank (NRB), till mid-February, loans of margin trading (share securities) have surged to Rs 85.172 billion whereas, till mid-July, 2023, the disbursement stood at Rs 76.30 billion.
February 29, 2024 20:00 pm
KATHMANDU, Feb 29: The Report Study and Implementation Recommendation Committee led by former Nepal Rastra Bank (NRB) Governor Deependra Bahadur Kshetry, has submitted its fourth report on Nepal Airlines Corporation Structural Reforms Study Committee.
February 12, 2024 21:20 pm
KATHMANDU, Feb 12: At a time when banks have been experiencing an increasing pressure in their capital adequacy fund, Nepal Rastra Bank (NRB) has introduced measures to address the issue through the mid-term review of the Monetary Policy 2023/24.
February 7, 2024 09:30 am
KATHMANDU, Feb 7: Nepal is cushioned with a notable rise in the foreign currency reserves as of mid-January, thanks to a significant increase in the remittance inflows in the past six months.
February 7, 2024 08:00 am
KATHMANDU, Feb 7: The loans extended by banks and financial institutions to the private sector increased by 4.9 percent in the first six months of the current fiscal year, according to the Nepal Rastra Bank (NRB).
February 6, 2024 20:31 pm
KATHMANDU, Feb 6: The consumer price inflation moderated to 5.26 percent as of mid-January, compared to 7.26 percent a year ago.
February 6, 2024 18:43 pm
KATHMANDU, Feb 6: The country's foreign exchange reserves have exceeded Rs 1.816 trillion
January 7, 2024 18:45 pm
KATHMANDU, Jan 7: Nepal Rastra Bank (NRB) has initiated a plan to issue commemorative coins representing all seven provinces, each valued up to Rs 4,000. Thaneshwor Acharya, Head of the Mint Division within the Currency Management Department of NRB, said the process of coin issuance has started.
December 29, 2023 13:44 pm
KATHMANDU, Dec 29: The Supreme Court has issued a show cause order on a writ petition filed against Nepal Rastra Bank Governor Mahaprasad Adhikari over his academic qualifications.
December 29, 2023 09:15 am
KATHMANDU, Dec 29: Nepal Rastra Bank (NRB) has increased the limit of foreign currency migrant workers bound for a number of European countries and the US can carry to USD 500 from the existing USD 200.
December 29, 2023 08:45 am
KATHMANDU, Dec 29: As the country is reeling under an economic slowdown, the production capacity of factories operating in Lumbini Province has shrunk by 5.54 percent.
December 25, 2023 19:01 pm
KATHMANDU, Dec 25: Nepal Rastra Bank (NRB) is set to withdraw an additional Rs 35 billion from the banking system, through receiving deposit collection from the commercial banks, while starting the process from Wednesday.
December 22, 2023 20:15 pm
KATHMANDU, Dec 22: The Indian company awarded the tender to print banknotes of Rs 1000 denomination with security threads has not yet delivered the notes. Nepal Rastra Bank (NRB) granted approval to Security Printing & Minting Corporation of India Ltd in November 2022 to print Rs 1000 banknotes worth Rs 430 million. However, the company, approved to print a total of US $11.13 million (approximately Rs 1.47 billion), has not submitted a single banknote as per the agreement.
December 15, 2023 21:45 pm
KATHMANDU, Dec 15: Nepal Rastra Bank (NRB) is collecting deposits equivalent to Rs 10 billion from December 17.
December 5, 2023 19:30 pm
KATHMANDU, Dec 5: The Nepal Rastra Bank (NRB) is said to allocate Rs 25 billion from its profit of the last fiscal year (FY) for the Government of Nepal. The board of directors of NRB approved the annual report, audited by external auditors for FY 2022/23.
December 3, 2023 21:12 pm
KATHMANDU, Dec 3: Bankers have expressed their dissatisfaction over the Nepal Rastra Bank (NRB)’s newly enforced rule on blacklisting of the loan defaulters.
November 28, 2023 22:09 pm
KATHMANDU, Nov 28: Nepal Rastra Bank (NRB) has enforced stringent policy on hire-purchase loans by capping penal amounts and barring companies concerned to take service charges on such credit.
November 22, 2023 15:10 pm
KATHMANDU, Nov 22: The US Dollar has soared to unprecedented levels against the Nepali rupee, reaching a record high, according to Nepal Rastra Bank (NRB).
November 21, 2023 18:30 pm
KATHMANDU, Nov 21: In the first quarter of the current fiscal year, the government has mobilized about Rs 100 billion internal debt, but in the second quarter, the government will mobilize only Rs 31 billion under internal debt.
November 20, 2023 15:34 pm
KATHMANDU, Nov 20: Prime Minister Pushpa Kamal Dahal is taking steps to improve the country's economy by creating a special group to address its issues. He is meeting with government officials from departments like the Ministry of Finance and Nepal Rastra Bank today at 4 PM to discuss ways to improve the economy.
November 15, 2023 17:30 pm
KATHMANDU, Nov 15: The year-on-year (y-o-y) consumer price inflation in the Kathmandu Valley, Terai, Hill and Mountain region surged to 10.23 percent, 5.66 percent, 7.38 percent and 10.24 percent respectively, the Nepal Rastra Bank (NRB) stated in its Current Macroeconomic and Financial Situation of Nepal Report based on three months data ending Mid-October, 2023/24.
November 12, 2023 18:00 pm
KATHMANDU, Nov 12: The number of people taking loans from banks to build houses has increased. In the first three months of the current fiscal year, personal residential house loans given by banks have increased by about Rs 27 billion.
November 10, 2023 19:30 pm
KATHMANDU, Nov 10: The country's foreign exchange reserves have increased by 6.7 percent in three months.
November 10, 2023 18:10 pm
KATHMANDU, Nov 10: The Nepal Rastra Bank has temporarily increased the limit for depositing funds in e-wallets operated by digital payment service providers.
November 10, 2023 08:05 am
KATHMANDU, Nov 10: Finance Minister Dr Prakash Sharan Mahat has urged Asian banks to invest in Nepal.
November 3, 2023 22:00 pm
KATHMANDU, Nov 3: Nepal Rastra Bank (NRB) and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) have signed a Memorandum of Understanding (MoU) to formulate a comprehensive economic policy and enhance the industrial and business environment.
November 1, 2023 20:45 pm
KATHMANDU, Nov 1: Finance Minister Dr Prakash Sharan Mahat has said Nepal requires sufficient financial resources for its economic development and transformation.
October 17, 2023 18:30 pm
KATHMANDU, Oct 17: Nepal Rastra Bank (NRB) has published the current economic and financial situation of the country based on the data of the first two months of the current fiscal year 2023/24.
October 17, 2023 18:00 pm
KATHMANDU, Oct 17: The money sent abroad from Nepal for educational purposes has doubled.
October 17, 2023 16:30 pm
KATHMANDU, Oct 17: In the first two months of the current fiscal year (FY) 2023/24, Nepal has received Rs 228 billion in remittances.
October 16, 2023 15:16 pm
KATHMANDU, Oct 16: Nepal Rastra Bank (NRB) has announced that new banknotes distribution targeted for the festival will continue till Friday.
October 2, 2023 15:30 pm
KATHMANDU, Oct 2: In the month of Shrawan (mid-July to mid-August 2023), Nepal received the all-time high remittance inflow. Nepali migrant workers sent a total of Rs 116.2 billion in remittances through official channels.
September 29, 2023 13:00 pm
KATHMANDU, Sept 29: Foreign Direct Investment (FDI) in Nepal reached Rs 264 billion by the end of the fiscal year 2021/22. According to Nepal Rastra Bank (NRB), the total FDI increased by 16 percent compared to the fiscal year 2020/21.
September 28, 2023 14:00 pm
KATHMANDU, Sept 28: The amount of gold that can be imported to the country daily has been fixed at 20 kg.
September 22, 2023 15:32 pm
KATHMANDU, Sept 22: Nepal Rastra Bank (NRB) has doubled the daily gold import quota.
September 19, 2023 19:30 pm
KATHMANDU, Sept 19: Governor of the Nepal Rastra Bank (NRB), Maha Prasad Adhikari, has said the situation of trade deficit would end if power worth Rs 130 billion is exported annually.
September 16, 2023 20:28 pm
KATHMANDU, Sept 16: In yet another effort to raise domestic loans amid ongoing crunch in its financial resources, the government is issuing development bonds worth Rs 9.4 billion.
August 18, 2023 15:20 pm
KATHMANDU, Aug 18: In the fiscal year 2079/80 BS (2022/23), Nepal witnessed an influx of remittances, averaging over 100 billion monthly. According to the annual data of last year released by Nepal Rastra Bank on Friday, a total of Rs 1.2 trillion was received in remittances till mid-July. In the last fiscal year, remittances surged by 21.2 percent compared to the previous year.
August 14, 2023 14:06 pm
KATHMANDU, Aug 14: The Mint Division of Nepal Rastra Bank (NRB) has started weighing the gold which is said to be around 100 kg and which was seized from outside the Tribhuvan International Airport (TIA) a few weeks back.
August 11, 2023 17:30 pm
KATHMANDU, Aug 11: The development bond-2088 BS worth Rs 10 billion over an eight year period will be sold through auction on Sunday. On behalf of the government, Nepal Rastra Bank (NRB) is going to raise loans through development bonds.
August 9, 2023 11:00 am
KATHMANDU, Aug 9: The Government of Nepal has given approval to Nepal Rastra Bank (NRB) to mint 150 million coins each with the denomination of Rs 5.
August 7, 2023 21:10 pm
KATHMANDU, Aug 7: Nepal Rastra Bank (NRB) has increased the ceiling on use of foreign currency on imports to US $60,000 from existing USD 50,000 for one-time transaction.
July 30, 2023 18:15 pm
KATHMANDU, July 30: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said the Monetary Policy for the current fiscal year came with a review of the overall existing scenario of the nation's economy.
July 28, 2023 20:30 pm
KATHMANDU, July 28: Nepal Rastra Bank (NRB) has amended the Unified Directives 2079 BS issued for A, B and C class banks licensed by the central bank.
July 25, 2023 20:50 pm
KATHMANDU, July 25: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has said that special arrangements will be made for borrowers who are in trouble due to various natural disasters.
July 24, 2023 20:40 pm
KATHMANDU, July 24: The private sector has slammed the Monetary Policy 2023/24 unveiled by Nepal Rastra Bank (NRB) on Sunday, stating that the policy would not effectively help revitalize the economy, which is in dire straits.
July 20, 2023 21:22 pm
KATHMANDU, July 20: At a time when Finance Minister Dr. Prakash Sharan Mahat is publicly assuring that all the problems seen in the economy will be addressed through monetary policy, Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has stated that the monetary policy has its limitations and cannot address all the economic problems with its limited tools at its disposal.
July 10, 2023 20:23 pm
KATHMANDU, July 10: The consumer price inflation moderated in the eleventh month of the current fiscal year.