KATHMANDU, Sept 7: Foreign companies have repatriated over Rs 150 billion in dividends from their investments in Nepal over the past eight years.

KATHMANDU, Aug 31: The Nepal Rastra Bank (NRB) has announced the foreign currency exchange rates for today (Saturday). The value of the US dollar, Euro, and British Pound has decreased, while the Qatari Riyal has seen an increase.

KATHMANDU, Aug 29: The Nepal Rastra Bank (NRB) has announced today’s (Thursday) foreign currency exchange rates. The value of the US Dollar, Australian Dollar, and Kuwaiti Dinar has risen, while the Euro and the British Pound have weakened.

KATHMANDU, Aug 29: Commercial banks of Nepal have lowered their interest rate on fixed deposits to as low as 6.54 percent per annum after having excessive loanable funds amid slow demand for credits.

KATHMANDU, Aug 27: Commercial banks of Nepal succeeded in reducing the ratio of their bad debt by 3.34 percent in the last three months of the last fiscal year.

KATHMANDU, Aug 22: Lending interest rates of the commercial banks have declined to a 30-month low. Despite the low interest rates, banks have been struggling to expand their businesses due to the low demand for the bank loans.

KATHMANDU, July 31: Nepal Rastra Bank (NRB) plans to mop an additional Rs 40 billion from the banking system to manage liquidity. The NRB will conduct this operation through a bidding instrument, with the funds being held for 21 days.

KATHMANDU, July 31: Nepal Rastra Bank (NRB) started issuing foreign employment saving bonds (FESB) 13 years ago aiming to channelize the remittance amount in productive uses. However, it has failed to attract the migrant workers till date.

The Nepal Rastra Bank (NRB) has unveiled a cautiously flexible Monetary Policy for the Fiscal Year (FY) 2024/25, aiming to facilitate cash flow in sectors like construction and share transactions. This policy, introduced by NRB Governor Maha Prasad Adhikari, seeks to make the economy more dynamic by ensuring stable prices and maintaining financial stability.

KATHMANDU, July 30: Nepal Rastra Bank (NRB) has barred microfinance institutions (MFIs) from charging exorbitant amounts in service charge and any other surcharges while issuing loans to their clients.

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has taken cautiously flexible measures to facilitate cash flow in certain sectors including construction and share transactions by unveiling the Monetary Policy for the fiscal year 2024/25 on Friday.

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has extended the deadline for the payment of principal and interest on loans disbursed to construction entrepreneurs till November 2024.

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for fiscal year 2024/2025. The NRB has lowered the bank rate and the deposit collection rate through the new monetary policy.

KATHMANDU, July 26: The Nepal Rastra Bank (NRB) unveiled the monetary policy for the current fiscal year 2024/25 on Friday.

KATHMANDU, July 21: Nepal Rastra Bank (NRB) has taken action against five development banks and three finance companies for violating regulatory norms in the last quarter of the fiscal year 2023/24.

KATHMANDU, July 21: Nepal Rastra Bank (NRB) officials have confirmed that they have finalized the preparation for the monetary policy for fiscal year 2024/25 and are all set to unveil it on Sunday.

KATHMANDU, July 20: The Nepali currency fell to a record low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 134.17 per dollar for Saturday.

KATHMANDU, July 13: Nepal realized only 14.99 percent of the foreign direct investment (FDI) commitments from mid-July 2023 to mid-May 2024. Data from the Department of Industry (DoI) and Nepal Rastra Bank (NRB) show that the country received less than 15 percent of the committed FDI.

KATHMANDU, July 2: Nepal Rastra Bank (NRB) says there has been a whopping rise in suspicious financial transactions through Nepal’s banks and financial institutions (BFIs).

In a landmark development, the Nepal Rastra Bank (NRB) has adopted a more flexible approach, allowing individuals to use Quick Response (QR) codes for transactions with India. This decision, which amends the unified circular issued by the Foreign Exchange Management Department of the NRB, is a significant stride toward streamlining financial interactions between Nepal and India.

KATHMANDU, June 28: Nepal Rastra Bank (NRB) has turned flexible on allowing individuals to use Quick Response (QR) codes for cross-border financial transactions with India.

KATHMANDU, June 26: Nepal Rastra Bank (NRB), in a bid to safeguard service seekers from risks related to financial products and services, will be implementing market conduct supervision from the next fiscal year.

KATHMANDU, June 21: Nepal Rastra Bank (NRB) has warned that the quality of banks’ assets has been declining and posing challenges to the stability of banks and financial institutions (BFIs).

KATHMANDU, May 19: Nepal Rastra Bank (NRB) has turned flexible over the mandatory capital adequacy funds that the banks and financial institutions (BFIs) have to maintain while issuing credits to their clients.

KATHMANDU, May 17: The Nepal Rastra Bank (NRB) has unveiled a comprehensive review of its monetary policy, introducing several key measures aimed at stimulating the real estate, automotive, and stock markets. This review is expected to enhance the profitability and capital base of banks, promoting overall economic stability.

KATHMANDU, May 17: While the banks and financial institutions (BFIs) of Nepal have been struggling to increase the real estate sector loans, they were able to issue loans against shares by a notable amount in the first nine months of the current fiscal year.

KATHMANDU, May 14: Nepal Rastra Bank (NRB) has submitted 190 recommendations to the Ministry of Finance for the budget of the next fiscal year 2024/25.

KATHMANDU, May 14: A number of commercial banks of Nepal have decided to lower the interest rates on their deposits effective from Tuesday.

KATHMANDU, April 21: Nepal Rastra Bank (NRB) has kept 18 out of 20 commercial banks under its watchlist after these banks were suspected of failing to abide by the central bank’s regulations.

KATHMANDU, April 16: Commercial banks of Nepal have been found not following the good governance practices in their day-to-day operation, according to the Nepal Rastra Bank (NRB). This has created serious risks in the long-term financial health of the intermediaries.

KATHMANDU, April 6: Nepal has a total trade deficit of Rs 929.61 billion after the first eight months of the current fiscal year.

KATHMANDU, April 5: Nepal Rastra Bank (NRB) is going to place Rs 320 million from the gratuity and pension fund into fixed deposits. The funds will be deposited for a period of 6 months in the banks and financial institutions (BFIs) categorized as A, B, and C.

KATHMANDU, March 20: Nepal Rastra Bank (NRB) is set to issue development bonds worth Rs 7.69 billion on behalf of the government. The announcement for the issuance will be made by the NRB on Wednesday.

KATHMANDU, March 16: Finance Minister Barshaman Pun has formed a seven-member task force to identify and solve problems related to microfinance institutions. Minister Pun formed a seven-member committee under the leadership of the Deputy Governor of Nepal Rastra Bank on Friday evening.

KATHMANDU, March 10: In the Nepali month of Magh (mid-January to mid-February), consumer price inflation decreased to 5.01 percent, according to the financial situation report from Shrawan to Magh of the current fiscal year published by Nepal Rastra Bank (NRB).

KATHMANDU, March 7: Nepal Rastra Bank (NRB) is going to issue development bonds worth Rs 8 billion.

KATHMANDU, March 4: Analysts and economists have criticized the government for its failure to remain within the framework of its announced austerity measures such that it has adversely affected the economic growth rate while raising the public debt significantly.

KATHMANDU, Feb 21: Amid rumors spread against the financial health of few Nepali banks, Nepal Rastra Bank (NRB) has clarified that the banks strictly adhere to adequate safety measures enforced by the central bank.

KATHMANDU, Feb 19: Nepal Rastra Bank (NRB) has enforced the ‘Cyber Resilience Guidelines’ since August 2023 targeting to improve the measures implemented by the banks and financial institutions (BFIs) to safeguard their clients from possible risks to online transactions.

KATHMANDU, Feb 15: Nepal Rastra Bank (NRB) has taken action against three development banks and as many finance companies. It has alerted the chairman and chief executive officer (CEO) of Muktinath Bikas Bank.

KATHMANDU, Feb 14: The Nepal Rastra Bank (NRB) has announced the cancellation of licenses for five money exchange companies.

KATHMANDU, Feb 10: Nepal Rastra Bank (NRB) has announced a regulatory change that exempts foreign investments in listed companies from requiring the central bank's approval. This development comes as part of the third amendment to the NRB Foreign Investment and Foreign Loan Management Bylaws 2021 facilitating easier participation of foreign investors in Nepal's stock market.

KATHMANDU, Feb 6: Nepal Rastra Bank (NRB) seems to have fallen behind in meeting its target of the banks’ lending for the private sector due to slow growth seen in the segment in over six months of the current fiscal year.

KATHMANDU, Jan 27: Nepal Rastra Bank (NRB) has taken disciplinary actions against six banks and financial institutions for non-compliance with mandatory regulations.

KATHMANDU, Jan 24: The banking transactions without having proper authenticity are on the rise, according to the records of Nepal Rastra Bank (NRB).

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, Jan 12 : Nepal has attained an all-time high record of foreign currency reserves of US $ 13.31 billion, mainly due to a whopping rise in remittance inflows in the past few months.

The credit-deposit (CD) ratio of banks and financial institutions (BFIs) have fallen below 80 percent due to a slow increase in lending compared to the excessive rise in deposit collection. According to the records with Nepal Rastra Bank (NRB), the CD Ratio of the BFIs stood at 79.94 percent as of Sunday.

In the wake of an economic slowdown that has cast a shadow over the nation, the manufacturing sector in Lumbini Province finds itself grappling with a significant setback. Recent findings from a study report by Nepal Rastra Bank (NRB) reveal a disconcerting 5.54 percent shrinkage in the production capacity of factories in the region, dropping from 56.36 percent in the fiscal year 2021/22 to a mere 50.82 percent in the fiscal year 2022/23.

KATHMANDU, Dec 22: Nepal Rastra Bank (NRB) has invited applications for 67 vacant positions. The positions include 19 for Gazetted-third class deputy director (administration), five deputy directors (accounts/audit) on the administration side, and two for deputy director (commercial law). Additionally, six positions for deputy director (information technology) on the technical side are also open for applications.