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 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, 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, 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.