Open up for business

November 14, 2019 08:58 am

Government should facilitate the investors, rather than adding one after another hassle

MUMBAI, Sept 29: The Indian government may request an interim dividend of around 300 billion rupees ($4.3 billion) from the central bank in order to meet its fiscal deficit target, Mint newspaper reported on Sunday citing news agency Press Trust of India (PTI).

KATHMANDU, Aug 8: Nepal Bankers Association (NBA) has warned that some of the provisions in the recent circular of the Nepal Rastra Bank could have an adverse impact on the banking sector and the overall economy.

KATHMANDU, July 17: Nepal Rastra Bank (NRB) is offloading its shares in Nepal Stock Exchange Ltd (Nepse). Issuing a notice on Tuesday, the central bank said that it was divesting its stake in the country’s only stock exchange company.

Relocating Nepal Rastra Bank

July 16, 2019 01:00 am

Relocating NRB away from Kathmandu will be crucial in ushering many transformative changes in Nepali economy. It will help keep politics and finance separate from each other

KATHMANDU, May 21: Most of the economic indicators have worsened in the first three quarters of the current fiscal year 2018/19, compared to a year ago.

HARARE, May 19: Zimbabwe’s central bank has secured a $500 million loan from unspecified international banks to support interbank currency trading from Monday and ease a dollar crunch that has brought fuel and medicine shortages, Governor John Mangudya said.

Financial Information Unit received 816 reports in FY2017/18, down from 1,053 of FY2016/17

KATHMANDU, April 17: Balance of Payments (BoP) deficit widened in the eighth month of the current fiscal year, indicating the worsening external sector position of the country.

KATHMANDU, Nov 11: The Nepal Rastra Bank (NRB) has issued a notice, calling on eligible citizen to acquire a business loan by keeping educational certificates as collateral.

KATHMANDU, Nov 7: Nepal Rastra Bank (NRB) has reduced the maximum amount of foreign currency that a Nepali national can buy while going abroad.