KATHMANDU, June 30: Employees of a number of commercial banks on Wednesday staged protests against the Social Security Fund (SSF) expressing their dissatisfaction over being taken to the SSF forcibly, without addressing their grievances.
KATHMANDU, June 13: Nepal Bankers' Association (NBA) has advised the Nepal Rastra Bank (NRB) to bring policy incentives for commercial banks to encourage them to go for 'big' merger and acquisition (M&A).
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.
KATHMANDU, March 19: The High Court (HC) of Patan on Sunday remanded 13 officials including promoters and high-ranking officials of the erstwhile Apex Development Bank to seven days judicial custody in order to move forward the investigation into a bank loan scam.
KATHMANDU, Jan 24: At a time when bankers are hoping that the Nepal Rastra Bank (NRB) will provide them a relaxation on credit to core-capital-cum-deposit (C-CD) ratio, the central bank has indicated that such prudential lending limit is not going to be tweaked to address the current liquidity problem being faced by bank and financial institutions (BFIs).
KATHMANDU, June 21: Business leaders have urged the central bank to put a rule that requires bank and financial institutions (BFIs) to bring multi-bank borrowing above Rs 1 billion into consortium financing by mid-July on hold for the time being.
KATHMANDU, June 1: Lower than expected growth in deposits over the past two weeks has shattered hopes of bankers who were expecting that the local level polls and surge in capital expenditure at the end of the fiscal year would pump more money into the banking sector that is grappling with shortage of lendable funds.
KATHMANDU, March 23: Bankers have said that it was not possible to follow a new rule proposed by the Nepal Rastra Bank (NRB) that will prohibit them to revise interest rates on floated loans more than twice a year.
KATHMANDU, Oct 29: The Securities Board of Nepal (Sebon) has taken action against four merchant bankers and six brokerage firms for not submitting their annual financial reports of last fiscal year 2015/16.
KATHMANDU, July 19: The central bank's announcement to set countercyclical buffer requirement for commercial banks, as part of implementing the Basel III standard, at a maximum of 2.5 percent has left the bankers worried.
KATHMANDU, July 18: Bankers have taken exception over a new measure in the monetary policy for Fiscal Year 2016/17 that requires them to directly lend 2 percent of their total loans in the deprived sector.