May 7, 2023 08:30 am
KATHMANDU, May 7: Although commercial banks of Nepal have started offering easy loans to their clients due to sufficient amounts of loanable funds, they are unable to raise the demand for loans from the borrowers.
April 25, 2023 08:00 am
KATHMANDU, April 25: The bad debts of Nepal’s commercial banks have increased by a notable ratio in the first nine months of the current fiscal year.
March 11, 2023 08:00 am
Commercial banks of Nepal on Thursday decided to reduce their premium interest rates on loans by one percentage point effective from March 15. The decision was made by the Nepal Bankers' Association (NBA), who opted to lower the premium rate to a maximum of 5% from the current 6%.
March 10, 2023 09:30 am
KATHMANDU, March 10: Nepali commercial banks will be reducing their premium interest rate on loans by one percent with effect from March 15.
March 5, 2023 09:45 am
KATHMANDU, March 5: Amid ongoing slump in the economic activities of the country, non-performing loans (NPL) of the commercial banks of Nepal have been reportedly doubled as of mid-January compared to the figure in the same period of last year.
February 9, 2023 09:00 am
KATHMANDU, Feb 9: Nepal Rastra Bank (NRB) has slapped a cash penalty against four commercial banks for breaching the laws related to money laundering.
January 12, 2023 09:30 am
KATHMANDU, Jan 12: Commercial banks of Nepal are likely to reduce the existing interest rates on deposits from Sunday, the beginning of the new Nepali month, after the banks were replenished with surplus liquidity.
January 10, 2023 14:30 pm
KATHMANDU, Jan 10: After the Nepal Rastra Bank (NRB) took a 'pressure policy' for the commercial banks to merge, the latter have gone/are going into mergers. Global IME Bank and Bank of Kathmandu merged and integrated business started from Sunday.
December 13, 2022 10:00 am
KATHMANDU, Dec 13: Commercial banks of Nepal are considering reviewing the existing interest rates on deposits from Friday, the beginning of the new Nepali month, after the banks have been cushioned with an improved liquidity.
December 12, 2022 09:30 am
KATHMANDU, Dec 12: The cases of suspicious transactions in commercial banks are on the rise despite growing concerns of Nepal Rastra Bank (NRB) to tighten the money laundering measures.
November 30, 2022 10:30 am
KATHMANDU, Nov 30: Nepal Rastra Bank (NRB) has taken action against a number of commercial banks found involved in misconduct in their daily operations.
March 14, 2022 19:30 pm
KATHMANDU, March 14: Commercial banks have collected deposits worth Rs 14 billion in the past three weeks while they provided loans worth Rs 10 billion during the same period.
November 14, 2021 12:21 pm
KATHMANDU, Nov 14: Finance Minister Janardan Sharma has urged banks to accept lands in rural areas as collateral for loans.
September 22, 2021 14:00 pm
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.
August 20, 2021 07:30 am
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.
July 20, 2021 18:30 pm
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.
October 20, 2020 17:45 pm
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.
March 25, 2020 14:13 pm
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.
March 6, 2020 09:50 am
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.
December 15, 2019 10:30 am
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.
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.
November 29, 2019 08:46 am
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.
November 24, 2019 08:41 am
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.
September 17, 2019 05:47 am
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.
September 15, 2019 09:47 am
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.
July 29, 2019 16:00 pm
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.
May 17, 2019 08:58 am
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.
April 21, 2019 09:03 am
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.
November 29, 2018 08:59 am
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.
November 19, 2018 10:55 am
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.
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.