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Banks start reducing their interest rates due to fall in demand for loans
November 7, 2023 08:00 am
KATHMANDU, Nov 7: Bankers have termed the current slowdown in the banking business as moderately risky but needed to be handled with cautions.
Agricultural Development Bank's NPLs exceed regulatory limit, reports loss of Rs 880 million
November 3, 2023 18:00 pm
KATHMANDU, Nov 3: The Agricultural Development Bank has surpassed the prescribed limit of non-performing loans (NPLs) of 5 percent. As per the financial statement for the first quarter of the current fiscal year released by the bank, the NPLs have reached 5.33 percent of the total loans.
NRB turns stern on categorization of risk and loan loss provision for the borrowers of banks
August 29, 2023 10:00 am
KATHMANDU, Aug 29: Nepal Rastra Bank (NRB) has stepped up efforts to take stern measures against the categorization of risk and loan loss provision.
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