KATHMANDU, July 26: Nepal Rastra Bank (NRB) has extended the deadline for the payment of principal and interest on loans disbursed to construction entrepreneurs till November 2024.

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for fiscal year 2024/2025. The NRB has lowered the bank rate and the deposit collection rate through the new monetary policy.

KATHMANDU, July 26: The Nepal Rastra Bank (NRB) unveiled the monetary policy for the current fiscal year 2024/25 on Friday.

KATHMANDU, July 21: Nepal Rastra Bank (NRB) has taken action against five development banks and three finance companies for violating regulatory norms in the last quarter of the fiscal year 2023/24.

KATHMANDU, July 21: Nepal Rastra Bank (NRB) officials have confirmed that they have finalized the preparation for the monetary policy for fiscal year 2024/25 and are all set to unveil it on Sunday.

KATHMANDU, July 20: The Nepali currency fell to a record low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 134.17 per dollar for Saturday.

KATHMANDU, July 13: Nepal realized only 14.99 percent of the foreign direct investment (FDI) commitments from mid-July 2023 to mid-May 2024. Data from the Department of Industry (DoI) and Nepal Rastra Bank (NRB) show that the country received less than 15 percent of the committed FDI.

KATHMANDU, July 2: Nepal Rastra Bank (NRB) says there has been a whopping rise in suspicious financial transactions through Nepal’s banks and financial institutions (BFIs).

In a landmark development, the Nepal Rastra Bank (NRB) has adopted a more flexible approach, allowing individuals to use Quick Response (QR) codes for transactions with India. This decision, which amends the unified circular issued by the Foreign Exchange Management Department of the NRB, is a significant stride toward streamlining financial interactions between Nepal and India.

KATHMANDU, June 28: Nepal Rastra Bank (NRB) has turned flexible on allowing individuals to use Quick Response (QR) codes for cross-border financial transactions with India.

KATHMANDU, June 26: Nepal Rastra Bank (NRB), in a bid to safeguard service seekers from risks related to financial products and services, will be implementing market conduct supervision from the next fiscal year.

KATHMANDU, June 21: Nepal Rastra Bank (NRB) has warned that the quality of banks’ assets has been declining and posing challenges to the stability of banks and financial institutions (BFIs).

KATHMANDU, May 19: Nepal Rastra Bank (NRB) has turned flexible over the mandatory capital adequacy funds that the banks and financial institutions (BFIs) have to maintain while issuing credits to their clients.

KATHMANDU, May 17: The Nepal Rastra Bank (NRB) has unveiled a comprehensive review of its monetary policy, introducing several key measures aimed at stimulating the real estate, automotive, and stock markets. This review is expected to enhance the profitability and capital base of banks, promoting overall economic stability.

KATHMANDU, May 17: While the banks and financial institutions (BFIs) of Nepal have been struggling to increase the real estate sector loans, they were able to issue loans against shares by a notable amount in the first nine months of the current fiscal year.

KATHMANDU, May 14: Nepal Rastra Bank (NRB) has submitted 190 recommendations to the Ministry of Finance for the budget of the next fiscal year 2024/25.

KATHMANDU, May 14: A number of commercial banks of Nepal have decided to lower the interest rates on their deposits effective from Tuesday.

KATHMANDU, April 21: Nepal Rastra Bank (NRB) has kept 18 out of 20 commercial banks under its watchlist after these banks were suspected of failing to abide by the central bank’s regulations.

KATHMANDU, April 16: Commercial banks of Nepal have been found not following the good governance practices in their day-to-day operation, according to the Nepal Rastra Bank (NRB). This has created serious risks in the long-term financial health of the intermediaries.

KATHMANDU, April 6: Nepal has a total trade deficit of Rs 929.61 billion after the first eight months of the current fiscal year.

KATHMANDU, April 5: Nepal Rastra Bank (NRB) is going to place Rs 320 million from the gratuity and pension fund into fixed deposits. The funds will be deposited for a period of 6 months in the banks and financial institutions (BFIs) categorized as A, B, and C.

KATHMANDU, March 20: Nepal Rastra Bank (NRB) is set to issue development bonds worth Rs 7.69 billion on behalf of the government. The announcement for the issuance will be made by the NRB on Wednesday.

KATHMANDU, March 16: Finance Minister Barshaman Pun has formed a seven-member task force to identify and solve problems related to microfinance institutions. Minister Pun formed a seven-member committee under the leadership of the Deputy Governor of Nepal Rastra Bank on Friday evening.

KATHMANDU, March 10: In the Nepali month of Magh (mid-January to mid-February), consumer price inflation decreased to 5.01 percent, according to the financial situation report from Shrawan to Magh of the current fiscal year published by Nepal Rastra Bank (NRB).

KATHMANDU, March 7: Nepal Rastra Bank (NRB) is going to issue development bonds worth Rs 8 billion.

KATHMANDU, March 4: Analysts and economists have criticized the government for its failure to remain within the framework of its announced austerity measures such that it has adversely affected the economic growth rate while raising the public debt significantly.

KATHMANDU, Feb 21: Amid rumors spread against the financial health of few Nepali banks, Nepal Rastra Bank (NRB) has clarified that the banks strictly adhere to adequate safety measures enforced by the central bank.

KATHMANDU, Feb 19: Nepal Rastra Bank (NRB) has enforced the ‘Cyber Resilience Guidelines’ since August 2023 targeting to improve the measures implemented by the banks and financial institutions (BFIs) to safeguard their clients from possible risks to online transactions.

KATHMANDU, Feb 15: Nepal Rastra Bank (NRB) has taken action against three development banks and as many finance companies. It has alerted the chairman and chief executive officer (CEO) of Muktinath Bikas Bank.

KATHMANDU, Feb 14: The Nepal Rastra Bank (NRB) has announced the cancellation of licenses for five money exchange companies.

KATHMANDU, Feb 10: Nepal Rastra Bank (NRB) has announced a regulatory change that exempts foreign investments in listed companies from requiring the central bank's approval. This development comes as part of the third amendment to the NRB Foreign Investment and Foreign Loan Management Bylaws 2021 facilitating easier participation of foreign investors in Nepal's stock market.

KATHMANDU, Feb 6: Nepal Rastra Bank (NRB) seems to have fallen behind in meeting its target of the banks’ lending for the private sector due to slow growth seen in the segment in over six months of the current fiscal year.

KATHMANDU, Jan 27: Nepal Rastra Bank (NRB) has taken disciplinary actions against six banks and financial institutions for non-compliance with mandatory regulations.

KATHMANDU, Jan 24: The banking transactions without having proper authenticity are on the rise, according to the records of Nepal Rastra Bank (NRB).

KATHMANDU, Jan 22: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has advised the Agricultural Development Bank that it increased investment in the agricultural sector and focused on import replacement.

KATHMANDU, Jan 12 : Nepal has attained an all-time high record of foreign currency reserves of US $ 13.31 billion, mainly due to a whopping rise in remittance inflows in the past few months.

The credit-deposit (CD) ratio of banks and financial institutions (BFIs) have fallen below 80 percent due to a slow increase in lending compared to the excessive rise in deposit collection. According to the records with Nepal Rastra Bank (NRB), the CD Ratio of the BFIs stood at 79.94 percent as of Sunday.

In the wake of an economic slowdown that has cast a shadow over the nation, the manufacturing sector in Lumbini Province finds itself grappling with a significant setback. Recent findings from a study report by Nepal Rastra Bank (NRB) reveal a disconcerting 5.54 percent shrinkage in the production capacity of factories in the region, dropping from 56.36 percent in the fiscal year 2021/22 to a mere 50.82 percent in the fiscal year 2022/23.

KATHMANDU, Dec 22: Nepal Rastra Bank (NRB) has invited applications for 67 vacant positions. The positions include 19 for Gazetted-third class deputy director (administration), five deputy directors (accounts/audit) on the administration side, and two for deputy director (commercial law). Additionally, six positions for deputy director (information technology) on the technical side are also open for applications.

KATHMANDU, Dec 16: Commercial banks have announced revised interest rates on deposits for the month of Paush (mid-December to mid-January), in response to the reduced policy rate and bank rate by Nepal Rastra Bank (NRB).

KATHMANDU, Dec 12: A number of commercial banks have started lowering their interest rates on deposits after Nepal Rastra Bank (NRB) turned lenient in its policy rate and bank rate through the first quarterly review of the monetary policy.

KATHMANDU, Dec 9: The private sector welcomed the first quarterly review of the monetary policy for the current fiscal year unveiled by Nepal Rastra Bank (NRB) on Friday.

KATHMANDU, Dec 9: Nepal Stock Exchange (Nepse) lost 5.76 points last week amid a delay by Nepal Rastra Bank to come up with the first quarterly review of the monetary policy for the current fiscal year.

KATHMANDU, Dec 9: Nepal Rastra Bank (NRB) has, through the first-quarter review of the monetary policy for the current fiscal year 2023/24, decided to reduce the risk weight of real estate loans and maintain the risk weight for share mortgage loans exceeding Rs 50 million at 125 percent.

KATHMANDU, Dec 8: Nepal Rastra Bank’s Governor Mahaprasad Adhikari said the first quarter review of the monetary policy for the current fiscal addresses various issues affecting current inflation, the status of balance of payment and growth rate of the bank loans for the private sector among others.

KATHMANDU, Dec 8: Nepal Rastra Bank (NRB) has, through the first-quarter review of the monetary policy for the current fiscal year 2023/24, decided to reduce the risk weight of real estate loans and maintain the risk weight for share mortgage loans exceeding 50 million at 125 percent.

KATHMANDU, Dec 8: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has reported a 14.9 percent increase in deposits for banks and financial institutions in the current fiscal year.

KATHMANDU, Dec 2: Nepal Rastra Bank’s (NRB) Governor Maha Prasad Adhikari has encouraged people to report any instances of excessive interest charges by banks to the general public.

KATHMANDU, Nov 30: Nepal Rastra Bank (NRB) has turned lenient on loan defaulters, asking the banks and financial institutions (BFIs) to assess the collateral valuation before blacklisting the concerned debtors.

KATHMANDU, Nov 19: The Nepal Rastra Bank (NRB) is set to allocate Rs 400 million to its gratuity and pension fund in the form of fixed deposits. The central bank plans to invest this amount in fixed deposits across commercial banks, development banks, and finance companies.