KATHMANDU, Nov 14: Finance Minister Janardan Sharma has urged banks to accept lands in rural areas as collateral for loans.

KATHMANDU, Sept 22: It has been revealed that commercial banks have collected Rs 26 billion in deposits in the last one week at a time when the financial institutions are expected to face a liquidity crunch.

KATHMANDU, August 20: The profits earned by the 27 commercial banks in the last fiscal year soared by 19.31 percent, backed by the flexible monetary policy and the banks’ earnings from the transaction of shares amid the impacts of the COVID-19 pandemic.

KATHMANDU, July 20: Amid the existing threat of the coronavirus, Nepal’s commercial banks increased their businesses by 28.07 percent last fiscal year through issuing additional loans of Rs 815.44 billion to their customers during mid-July 2020 and mid-July 2021.

KATHMANDU, Oct 20: All commercial banks in the country have decided to close their branches for five days during the Dashain vacation, the Nepal Bankers Association (NBA) said on Tuesday.

KATHMANDU, March 25: The commercial banks have committed to provide smooth banking services to customers while fully implementing the week-long lockdown announced by the government.

KATHMANDU, March 6: Nepal Rastra Bank (NRB) has allowed commercial banks to accept gold as interest-earning deposit which is expected to inject more cash into the market as well as help the banks to maintain their obligation for liquid assets.

KATHMANDU, Dec 15: A rising trend in non-performing loans (NPLs) of commercial banks point to some emerging vulnerabilities in the banking sector, concludes a recent report of the World Bank.

Debentures draw lukewarm response

December 4, 2019 10:35 am

KATHMANDU, Dec 4: A number of commercial banks have been issuing debentures to meet mandatory requirements forwarded by the regulator even though many of them are receiving poor response from investors.

KATHMANDU, Nov 29: The Nepal Rastra Bank (NRB) has instructed commercial banks to disburse interest-subsidized loans to at least 500 borrowers by mid-July 2020.

KATHMANDU, Nov 24: The interest rate of bank loans is less likely to fall in the second quarter of the current Fiscal Year 2019/20. Rather, some of the commercial banks may raise their lending rates.

KATHMANDU, Sept 17: A recent World Bank report recommended that the government further consolidate the banking sector and lower the number of commercial banks in the country to less than 15.

KATHMANDU, Sept 15: A recent report of the World Bank has recommended the government to further consolidate the banking sector to enable it to finance large-scale infrastructure projects in Nepal.

KATHMANDU, July 29: Almost all the commercial banks in the country are found ignoring Nepal Rastra Bank (NRB)'s request to compulsorily increase the investment in the agriculture sector to 10 percent.

KATHMANDU, May 17: In what appears to be an indication of banking industry’s gross ignorance to prudential norms, commercial banks have continued their aggressive lending practices in the third quarter of the current fiscal year.

KATHMANDU, April 21: Commercial banks are yet to expand their reach to 40 local units as of mid-March. Though the government has been pushing them to have at least one branch in each local unit, banking institutions have been able to show their presence in only 713 out of 753 local units.

KATHMANDU, Nov 29: Nepal Rastra Bank (NRB) has taken a flexible policy for commercial banks in terms of calculation of their prudential lending limit known as credit to capital plus deposit ratio (CCD), amid a shortage of lendable fund in the banking system.

KATHMANDU, Nov 19: Some CEOs of commercial banks have stood against the decision of the Nepal Bankers’ Association (NBA) to cap interest rates on fixed and saving deposits.

NBA lowers deposit rate cap

October 12, 2018 01:05 am

KATHMANDU, Oct 12: Following widespread complaints that banks have been reluctant to lower their interest rates despite being in a comfortable liquidity position, Nepal Bankers Association (NBA) -- the umbrella organization of 28 commercial banks -- has decided to bring the cap on deposit rates by 0.5 percentage point.