We will regulate cooperatives, micro-finances strictly: PM Dahal Prime Minister Pushpa Kamal Dahal 'Prachanda' has expressed the commitment to probe and bring the micro-finance financial institutions that are carrying out works in contravention to the prevailing laws and directives issued by the Nepal Rastra Bank under the purview of action. Kathmandu 07 Mar, 2024
Covid�s impact on BFIs: An outlook Due to the inability to disburse loans, there is little or no income for financial institutions. Loans help financial organisations earn interest, which is their leading source of income. According to NRB’s projection, commercial banks will have... 09 Oct, 2020
Banks to reach all local levels by mid-January, says Khatiwada Kavre, September 30 Minister of Finance Yubraj Khatiwada today said banking service would reach all local levels by mid-January. Inaugurating the central office of Abhiyan Laghubitta Bittiya Sansthan Limited in Panauti of Kavre, Khatiwada said... Travel 01 Oct, 2019
Banking association: Not for interest cartelling The objectives of a financial association should be promoting financial awareness, conducting research that supports innovation and lobbying the government as per the voice of the industry rather than lobbying for the interest rate A banking... 22 Mar, 2019
Highlights of Monetary Policy for 2018/19 KATHMANDU: Nepal Rastra Bank has unveiled the monetary policy for fiscal year 2018-19 earlier today. The major highlights of the policy are presented below: Highlights of monetary policy 2018-19 - Weighted interest rate spread- 4.5 per cent -... 11 Jul, 2018
NRB is toothless despite having a lot of regulatory responsibilities Borrowers have been hit hard due to the increasing lending rates in recent times. Citing the increased liability of deposit collection banks and financial institutions have been frequently revising the lending rate even breaching the regulatory norms... 14 May, 2018
NRB sets criteria for CEOs, directors of BFIs Kathmandu, August 3 Nepal Rastra Bank (NRB), the central monetary authority, has set the basic qualification criteria for chief executive officers and board of directors of banks and financial institutions (BFIs) in line with the provision of... 04 Aug, 2017
EDITORIAL: Faulty policy The NRB should reconsider its policy on the soft loan and extend the payback period if its intent is to help them Immediately after the devastating earthquake in 2015 the government had announced extending loan assistance to the quake victims through... 31 Jul, 2017
NRB raises credit for productive sector Kathmandu, July 9 Nepal Rastra Bank has directed commercial banks to increase the flow of credit to the ‘productive’ sector by five percentage points to 25 per cent of their total lending. Unveiling the monetary policy for fiscal 2017-18... 10 Jul, 2017
BFIs need not follow consortium practice in deprived sector lending, says NRB Kathmandu, June 29 Nepal Rastra Bank (NRB) — the central regulatory and monetary authority — today clarified to the class ‘A’, ‘B’ and ‘C’ financial institutions that the deprived sector credit issued to the micro finance... 30 Jun, 2017
BLOG SURF: Digital financing Micro finance institutions (MFIs) are starting to see the benefits of new digital technologies, including greater efficiency, lower transaction costs for institutions and clients, and extension into new markets. These benefits can be tremendous and... 29 Sep, 2016
Financial inclusion: Aggressive promotion Financial inclusion is likely to continue to remain a top priority on the government’s agenda. It is the key to Nepal’s future since it empowers the poor, promotes small businesses and advances inclusive growth Financial inclusion refers to... 13 Sep, 2016
