KATHMANDU, Dec 7: The government has formed a high-level committee under Nepal Rastra Bank (NRB) Deputy Governor Shiva Raj Shrestha to look into the overall trend of monetary and capital market in recent time and recommend to the government suggestions for maintaining financial stability and addressing problems related to investment for industrial sector and capital market.
KATHMANDU, July 13: The Nepal Stock Exchange (Nepse) index maintained a slightly positive bias during morning trading session on Thursday. However, stocks came under pressure mid-day and continued to decline throughout the remaining sessions. At the close, the index stood at 1,191.98 points -- a drop of 13.66 points, or 1.13 percent, compared to Wednesday.
KATHMANDU, July 13: Nepal Rastra Bank (NRB) introduced Monetary Policy for Fiscal Year 2018/19 in Kathmandu on Wednesday. The monetary policy unveiled a week before the new fiscal year begins has drawn positive responses from bankers, business leaders and economic analysts, as it focuses on reining in the runaway interest rates that has dampened confidence of the private sector which was increasingly finding credit from the banking industry unaffordable.
KATHMANDU, July 12: Stocks got off to a strong start in the morning session on Wednesday, managing to move 15 points higher as the session progressed. However, the benchmark Nepal Stock Exchange (Nepse) index cut gains in the final trading hour to close flat. The index dropped 0.29 points to end at 1,205.64 points, recording a turnover of Rs 479 million.
KATHMANDU, July 11: Nepal Rastra Bank has reduced the spread in interest rate to 4.5 percent from 5 percent. Unveiling the monetary policy on Wednesday, according to the central bank, now the interest gap between the savings and the loan provided by banks will be 4.5 percent from the new fiscal year.
KATHMANDU: Nepal Stock Exchange (Nepse) index rallied on Thursday – the last trading day of the week, recouping all the losses of the past two weeks. The benchmark index closed at 1242.41 points, posting a gain of 36.01 points compared to Wednesday.
KATHMANDU, June 27: Nepal Rastra Bank (NRB) is preparing to unveil monetary policy for the upcoming fiscal year next week. According to officials of the NRB, the central bank is at the final stage of preparing the draft of monetary policy for Fiscal Year 2018/19.
PALPA, Oct 1: The Palpali Society based in the United Arab Emirates (UAE) has provided financial assistance of Rs 235 thousands to the family of Ganga Saru Magar of Jhadewa, Mathagadhi Rural Municipality-4 who had recently died in the UAE.
KATHMANDU, August 15 :Nepal Rastra Bank (NRB) has issued a circular to bank and financial institutions (BFIs) for implementing provisions related to house and auto loans ceiling as well as measures to send them to local units, among other provisions, announced in the Monetary Policy for Fiscal Year 2017/18.
KATHMANDU, July 13: The Institute for Strategic Socio-Economic Research (ISSR) has expressed its doubt whether the monetary policy unveiled by the Nepal Rastra Bank last Sunday for the upcoming fiscal year would be a help in building investment-friendly atmosphere in the country.
KATHMANDU, July 13: The Institute for Strategic Socio-Economic Research (ISSR)has expressed its doubt whether the monetary policy unveiled by the Nepal Rastra Bank last Sunday for the upcoming fiscal year would be a help in building investment-friendly atmosphere in the country.
KATHMANDU, July 11: Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has welcomed the monetary policy presented by Nepal Rastra Bank (NRB) for Fiscal Year 2017/18 as very positive for the private sector.
KATHMANDU, July 9: Representatives from business associations, including Nepal Bankers' Association, and Federation of Nepalese Chamber of Commerce and Industries (FNCCI), have expressed differing views on the monetary policy made public by Nepal Rastra Bank (NRB) on Sunday.
KATHMANDU, July 8: Nepal Rastra Bank (NRB) is introducing the monetary policy for fiscal year 2017/18 on Sunday with a focus on addressing the current 'financial friction', support the 'ambitious' economic growth target set by the government and bringing down inflation.
KATHMANDU, July 14 In a bid to tighten the flow of finance from the banking sector to the stock market, Nepal Rastra Bank (NRB) has revised the policy to float loans of banks and financial institutions (BFIs) against the shares pledge. Issuing the monetary policy for the fiscal year 2016/17 today, NRB Governor Chiranjibi Nepal announced the revision on the valuation of the shares which banks accept as collateral to float their loans.
KATHMANDU, July 11:Nepal Rastra Bank (NRB) is tightening its monetary policy for the fiscal year 2016/17 to balance the government's expansionary fiscal policy, according to the officials at the central bank.