'Dispersing liquidity in the market becoming difficult as demand remains low' Amid internal and external pressures that have caused the country to fall into a recession, concerns over the financial situation continue to grow as the new fiscal year approaches. Sangay Sherpa from The Himalayan Times met with Gyanendra Prasad... Business 04 Jul, 2023
Merged BFIs starting joint operations by July 16 get more benefits ​​​​​​​Nepal Rastra Bank (NRB) has introduced additional facilities for class A, B, and C banks and financial institutions (BFIs) going for merger and starting joint operations within July 16. Business 07 Jun, 2023
FinMin unveils Economic Survey of FY 2022-23 ​​​​​​​Finance Minister Prakash Sharan Mahat presented the Economic Survey of Fiscal Year 2022-23 and the Annual Situation Review of Public Corporations, 2023 in the separate meetings of the House of Representatives (HoR) and the National Assembly on Sunday. Business 29 May, 2023
SEBON issues guidelines for proper management of mergers, acquisitions The Securities Board of Nepal (SEBON) has issued ‘Guidelines for Merger and Acquisition of Organised Organisations with Registered Securities, 2022’ for proper management of mergers and acquisitions. Business 11 Nov, 2022
Outstanding amount of refinance issued by NRB stands at Rs 108.49 billion until Mid-September The outstanding amount of refinance provided by Nepal Rastra Bank (NRB) remained Rs.108.49 billion in mid-September 2022. As of mid-September 2022, the outstanding concessional loan is Rs. 213.23 billion extended to 147,926 borrowers. Business 07 Nov, 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
NRB study suggests Nepal needs only 15 commercial banks A recent Nepal Rastra Bank (NRB) study titled ‘Optimal Number of Banks and Financial Institutions in Nepal’ has revealed the possibility of further consolidation in the banking industry, with the optimal number of commercial banks suggested at between 11 and 15. Business 26 Apr, 2022
Mergers and acquisitions: Necessary for economy to grow Mergers and acquisitions are one of the most desirable options to toughen the economy that is just at the upper turning point. It can strengthen a company’s capital base, and in the case of banks and financial institutions (BFIs), the risk bearing capacity is enhanced. Opinion 22 Oct, 2021
Monetary Policy focuses on revival of coronavirus-affected industries The Nepal Rastra Bank Governor Maha Prasad Adhikari unveiled the Monetary Policy for the fiscal 2021-22 on Friday with its primarily focus on revival of the COVID-affected enterprises. Business 14 Aug, 2021
Nepal Investment Bank, Himalayan Bank to merge, become Nepal's biggest bank Two major commercial banks in the country — Nepal Investment Bank Ltd and Himalayan Bank Ltd — have decided to merge, creating a banking behemoth with a total paid-up capital of nearly Rs 27 billion. Business 14 May, 2021
NRB indirectly pressuring BFIs for merger KATHMANDU, AUGUST 2 Though the government and Nepal Rastra Bank (NRB) have been saying that banks and financial institutions (BFIs) will not be compelled for merger and acquisition, the central bank is seen indirectly pressuring banks to go for... 03 Aug, 2020
Nepal Inc upbeat as NRB unveils borrower-friendly Monetary Policy KATHMANDU, JULY 17 Unveiling the Monetary Policy for fiscal year 2020-21 today, Nepal Rastra Bank has adopted a policy to revive the COVID-affected economy by promoting loan disbursement in sectors hit by the crisis, especially agriculture, energy,... 18 Jul, 2020
