TAC fencer Singh claims Foil gold Tribhuvan Army Club fencer Rama Kumari Singh bagged women’s Foil event gold medal in the ninth National Games in Pokhara today. Sports 12 Oct, 2022
'We enable entrepreneurs to increase inclusive and sustainable prosperity for local communities' NMB Bank’s joint venture agreement with the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO) has cemented its position as the market leader in managing environmental and social risks and the leading player in renewable energy and agribusiness in Nepal. Business 14 Sep, 2022
Banks witness deposit and lending growth After facing scarcity in the month of Shrawan, commercial banks witnessed an uptick in deposit collection between August 19 and September 9. Business 13 Sep, 2022
NRB seeks to invest Rs 2 billion in BFIs' fixed deposits The Nepal Rastra Bank (NRB) has intended to invest Rs 2 billion of the Retirement Fund in fixed deposits of banks and financial institutions (BFIs). Business 05 Sep, 2022
IFC invests $45 million in two Nepali financial institutions Small businesses and people in Nepal will have better access to financing, with International Finance Corporation (IFC)’s broader strategy for small and medium enterprises (SMEs) aiming to reach over 30,000 SMEs by 2023 while helping to improve inclusiveness, competitiveness, and sustainability of the financial sector in the country. Business 12 Aug, 2022
EDITORIAL - Deposit scarcity After seeing a surge in deposits in the commercial banks and financial institutions (BFIs) towards the closing month of last fiscal year, they are once again facing a scarcity of fresh deposits in the current fiscal. Opinion 10 Aug, 2022
Banks face scarcity of fresh deposits again After a deposit growth spurt towards the end of the last fiscal year, commercial banks are again facing scarcity of fresh deposits in current fiscal year 2022-23. Business 09 Aug, 2022
Monetary Policy to uplift economy, but has its own challenges: CBFIN The Confederation of Banks and Financial Institutions Nepal (CBFIN), an umbrella organisation of commercial banks, development banks, and financial institutions, has said that the Monetary Policy 2022-23 released by the Nepal Rastra Bank (NRB) has taken into consideration the effects of the coronavirus pandemic, various world events, country’s economic indicators and aspirations of the general public. Business 27 Jul, 2022
Monetary Policy focuses on controlling credit flow for this fiscal The Monetary Policy for the fiscal 2022-23 has primarily focused on promoting macroeconomic stability by countering inflationary and external sector pressures, while supporting economic growth by channelising financial instruments into the productive sector. Nepal 23 Jul, 2022
Oil price windfall: Testing Gulf's fiscal discipline A petrodollar windfall is helping some Gulf Arab states pay down debt and providing cash for others to diversify their oil-reliant economies, but it is also testing commitments to fiscal discipline as governments try to shield citizens from inflation. Opinion 22 Jul, 2022
Nepalis on foreign trips allowed to swap $200 thru money changers Nepali citizens travelling abroad can now exchange a maximum of $200 from the country’s licensed money changers. Nepal 21 Jul, 2022
Global IME bags Euromoney award ​​​​​​​Global IME Bank Ltd has received the ‘Euromoney Award for Excellence-Nepal Best Bank 2022’ — a coveted award in the global banking industry. Business 15 Jul, 2022
