KATHMANDU, Nov 20: The report of a study conducted by Nepal Rastra Bank (NRB) released on Friday has shown that the highest increase in real estate prices is in Karnali succeeding the federal capital, Bagmati.
KATHMANDU, Nov 11: In an attempt to ease a growing shortfall of liquidity in the banking system, Nepal Rastra Bank (NRB) is injecting an additional Rs 20 billion in the domestic financial system on Thursday.
KATHMANDU, Nov 8: Nepal Rastra Bank is going to sell treasury bills worth Rs 6.10 billion. The central bank is going to auction off treasury bills worth Rs 6 billion and Rs 100 million for a period of 182 days and 91 days, respectively.
KATHMANDU, Nov 3: Nepal Rastra Bank has revoked the license of GME Pay, a payment service provider company. NRB’s Payment Systems Department issued a notice on Tuesday revoking the license of GME Pay Private Limited.
KATHMANDU, Nov 2: Nepal’s financial resource mobilization has largely centralized still in the Capital and adjoining districts while leaving a pork barrel amount for the remote districts despite the government’s target to promote financial inclusion across the country.
KATHMANDU, Oct 18: Nepal Rastra Bank (NRB) is auctioning off treasury bills worth Rs 11.20 billion. The central bank is selling the treasury bills through the tender process from today in a bid to mobilize short-term loans for the government.
KATHMANDU, Oct 11: Nepal Rastra Bank (NRB) has asked the bank and financial institutions (BFIs) to take forward into auction the collateral assets of those borrowers only if the loan amount remains overdue for six months and more.
KATHMANDU, Oct 6: Nepal Rastra Bank (NRB) is going to issue a repo worth Rs 20 billion today. The bank is going to issue the repo for a period of 14 days to prevent a shortage of investible funds in the banking and financial system.
KATHMANDU, Sept 29: Nepal Rastra Bank (NRB) has started taking stern measures on the use of foreign currencies, citing the depleting foreign exchange reserve triggered by the worsening balance of payments (BoP) situation.
KATHMANDU, September 21: The manufacturing sector in Lumbini Province has been operating at only 48.80 percent capacity, with more than half the industrial capacity of the province remaining unutilized.
KATHMANDU, September 17: Nepal Rastra Bank (NRB) on Thursday injected an additional Rs 20 billion in the domestic financial system in an attempt to ease a growing shortfall of liquidity in the banking system.
KATHMANDU, August 14: The country’s private sector has welcomed the monetary policy 2021/22, stating that the macroeconomic policy could provide respite to the COVID-19 affected industries including small and medium enterprises (SMEs) and tourism businesses, along with speeding up the economic recovery.
KATHMANDU, August 13: Nepal Rastra Bank is going to make the monetary policy for the current fiscal year 2021/22 public today. A meeting of the Board of Directors of NRB held to discuss the monetary policy endorsed the policy for the current fiscal year.
KATHMANDU, June 15: While the number of people going for foreign employment is declining due to the COVID-19 pandemic, the remittances sent by Nepalis living and working abroad is continuously increasing.
KATHMANDU, May 26: Nepal Rastra Bank (NRB) has barred banks and financial institutions (BFIs) from making short-term investments in the secondary market, at a time when the stock exchange market is witnessing a whopping rise in transactions.
KATHMANDU, May 25: Nepal Rastra Bank (NRB) has created a fund of Rs 50 billion to support providing payments to the workers in tourism, cottage, small and medium size industries that are largely affected by COVID-19.
KATHMANDU, May 20: Nepal bought Indian currency (IC) equivalent to Rs 404.70 billion by selling US dollars to finance the imports from the southern neighbor during the first nine months of the current fiscal year, which was 16 percent more than the amount during the same period of the last fiscal year.
KATHMANDU, May 2: Nepal Rastra Bank (NRB) has asked payment service providers to continue their everyday business through less than 20 percent of the workforce in the locations where prohibitory orders have been enforced.