KATHMANDU, Dec 25: President of Nepal Bankers’ Association, Bhuvan Kumar Dahal has said that the education system that Nepal has adopted cannot produce entrepreneurs.

KATHMANDU, Oct 20: All commercial banks in the country have decided to close their branches for five days during the Dashain vacation, the Nepal Bankers Association (NBA) said on Tuesday.

KATHMANDU, Dec 20: A committee formed by the Ministry of Finance to look into the recent financial markets volatility has submitted its report to the Minister for Finance Yuba Raj Khatiwada.

KATHMANDU, Dec 5: Nepal Bankers Association (NBA) has scrapped the interest rate cap on fixed deposits for individual depositors.

KATHMANDU, Oct 13: Though the Nepal Bankers Association (NBA) has decided to lower the cap for commercial banks on deposit rates, banks have shrugged off any suggestion to reduce their lending rate immediately.

NBA lowers deposit rate cap

October 12, 2018 01:05 am

KATHMANDU, Oct 12: Following widespread complaints that banks have been reluctant to lower their interest rates despite being in a comfortable liquidity position, Nepal Bankers Association (NBA) -- the umbrella organization of 28 commercial banks -- has decided to bring the cap on deposit rates by 0.5 percentage point.

KATHMANDU, Sept 13: With more lendable resources at their disposal, commercial banks are aggressively increasing their loan investments.