In focus government must proiritse economic stability to ensure long-term growth KATHMANDU Keep up the pace In recent years, the hydro sector in Nepal has made remarkable progress in terms of involvement of private sector and consistent... 31 Dec, 2017
�Banks have not utilised simple options like raising interest on savings accounts� Aggressive lending against sluggish deposit collection since the beginning of this fiscal has resulted in acute shortage of loanable funds in banks and a majority of them have halted loan disbursement since the third quarter (mid-January). Almost... 06 Feb, 2017
Nepse index plunges 5.98pc, turnover up Kathmandu, January 28 The Nepal Stock Exchange (Nepse) index plunged by 87.42 points or 5.98 per cent in the week of January 22 to 26, even as the weekly turnover was slightly better than the past two weeks. Here is a breakdown of the various... 29 Jan, 2017
Banks seek Rs 100bn refinancing facility for long-term lending Kathmandu, January 26 Owing to the liquidity crisis that could adversely affect the economy as many banks have halted loan disbursement, Nepal Bankers’ Association (NBA) — the umbrella body of class ‘A’ financial institutions in the... 27 Jan, 2017
Interest rates on fixed deposits skyrocket Kathmandu, January 25 To maintain the CCD (credit to core capital cum deposit) ratio as per the central bank’s requirement, banks have started offering high interest rates on fixed deposits. Two class ‘A’ financial institutions — NCC and... 26 Jan, 2017