KATHMANDU, Aug 14: The Supreme Court has stayed a new rule issued by the Nepal Rastra Bank (NRB) on setting the age bar for the chief executive officer (CEOs) of bank and financial institutions (BFIs).
KATHMANDU, July 23: Nepal Rastra Bank (NRB) has issued a circular to bank and financial institutions (BFIs), restricting them from arbitrary charging their clients for service, administrative and other fees.
KATHMANDU, May 12: Bank and financial institutions (BFIs) have floated a total of Rs 161.24 billion in loans to deprived sector in the first eight months of the current Fiscal Year 2018/19, a jump by whooping 17.1 percent, or Rs 23.52 billion, largely driven by expansion of the targeted sectors entitled to get concessional financing.
KATHMANDU, April 18: Though it has been nearly six months that the government introduced concessional loan scheme for various groups, including workers returning from foreign employment, women entrepreneurs and people from the ‘Dalit’ community, the total amount of loans floated by bank and financial institutions (BFIs) except certain agro and livestock business is paltry.
KATHMANDU, March 22: Nepal Rastra Bank (NRB) has shown flexibility in taking action against bank and financial institutions (BFIs) that are not floating loans to priority sectors as required by its rules.