NRB unveils Monetary Policy for FY 2023-24 ​​​​​​​Nepal Rastra Bank has made public the Monetary Policy for the current fiscal year, 2023-24. Business 24 Jul, 2023
High rates exacerbate woes for industries The high interest rate on borrowing has hit the country’s industries while also affected the overall economic activities. Business 02 Nov, 2022
Remittance slowdown, low capex continue to dent deposits After an uptick last month, deposit collection in the commercial banks has slowed down again. Business 29 Mar, 2022
Investable resources get frozen in banks amid low credit demand KATHMANDU, JUNE 30 Owing to the months-long lockdown which has discouraged the demand for credit, the investable budget with banks is not only increasing but also getting frozen. While banks are witnessing a rise in deposits, their credit flow... 01 Jul, 2020
Interest rate is something that is determined by the market The private sector has been saying that the unstable interest rate is deteriorating the business environment in Nepal. Under immense pressure from the private sector, Nepal Rastra Bank recently introduced a few measures through the revised monetary... 26 Feb, 2019
Monetary Policy review draws mixed reaction from lobby groups, bankers Kathmandu, February 19 The country’s business lobby groups and bankers have partially welcomed the mid-term review of the Monetary Policy, albeit the central bank claims the new policy document can ease the problem of high lending rates that is... 20 Feb, 2019
BFIs are public institutions and cannot act solely like private profit-making entities Skyrocketing lending rates caused by the perennial challenge of credit crunch have adversely affected the economy. Nepal Rastra Bank has been criticised for being silent on the rampant hike of interest rates by banks and financial institutions. The... 14 Aug, 2018
�I think the lending rates will come down from September� The central bank unveiled the Monetary Policy 2018-19 last week, which has tried to address the current challenges of credit crunch and high lending rates. The Monetary Policy has minimised the cash reserve ratio and statuary liquidity ratio,... 17 Jul, 2018
Banks agree to cap deposit rates Kathmandu, June 21 Due to unhealthy competition among banks to woo deposits by offering high interest rates on deposits after the removal of the ‘agreed’ interest rate ceiling on June 10, the Nepal Bankers’ Association — the umbrella body... 22 Jun, 2018
�I don�t agree with scrapping provisions like CCD ratio� Nepal Rastra Bank is preparing to issue monetary policy for the next fiscal at a time when banks and financial institutions are competing to attract deposits while high lending rate and credit crunch have adversely affected the... 19 Jun, 2018
Lending rates unlikely to come down any time soon Kathmandu, June 13 Bucking the trend of previous fiscal years, deposit and credit rates have continued to surge even towards the end of this financial year, as banks are competing to attract deposit to meet growing credit demand. After Nepal... 14 Jun, 2018
It�s June, but lending rates aren�t falling There is no sign of credit rates coming down... banks are becoming richer, but businesses are suffering Shekhar Golchha, Senior vice-president, FNCCI Kathmandu, June 8 It’s the second week of June, the time of the year when government... 09 Jun, 2018
