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Bad debts of commercial banks fall to 3.76 percent as of the end of FY 2023/24
August 27, 2024 09:00 am
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.
A step forward, but not enough
July 31, 2024 07:30 am
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.
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