Should CIAA jurisdiction include private sector? The National Assembly passed two bill proposing to bring private institutions, particularly banks and banking institutions under the scope of the anti-corruption body which were hitherto not under its ambit. Nepal 12 Apr, 2023
South Asia must reform SOBs and SOEs: Report South Asia’s heavy reliance on stateowned commercial banks, stateowned enterprises, public-private partnerships and other national and sub-national public entities conceals its vulnerability to accumulating unsustainable levels of debt, according to a new World Bank report titled ‘Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia’, released today. Business 30 Jun, 2021
Banking blues When we were in our early 20s and working, I decided to open an account in a bank. Unlike today, we had one bank only. Today, of course, there are banks and momo shops for everyone. Opinion 23 Feb, 2021
Pakistan stock exchange building in Karachi attacked, six including gunmen killed KATHMANDU: Pakistan's Stock Exchange building in Karachi was under attack on Monday as four gunmen opened fire in the high security area on Monday. However, security forces immediately intervened and killed the perpetrators. According to the... Women 29 Jun, 2020
22 banks express willingness to merge Kathmandu, September 20 Altogether 22 banks have expressed their commitment to go for merger and acquisition process with Nepal Rastra Bank (NRB). Along with government-owned Agricultural Development Bank and Nepal Bank Ltd, 20 other private... 21 Sep, 2019
Gold worth billions smuggled out of Africa NAIROBI: Billions of dollars' worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found. Customs... Women 24 Apr, 2019
Subisu providing internet services in rural Bhojpur BHOJPUR: Subisu has initiated internet services in rural areas of Bhojpur district where locals do not have access to Nepal Telecom's internet connection. Nepal Telecom has only been able to install towers for mobile communication and not been able... Travel 14 Mar, 2019
Too costly to borrow While banks seem bent on hiking interest rate on lending, the central bank has remained a mute spectator When people were busy celebrating Dashain festival, Nepal Bankers’ Association (NBA), an umbrella organisation of “A” class private banks,... 23 Oct, 2018
LETTERS: Grab energy opportunity Apropos of the editorial “Power to prosperity” (THT, May 15, Page 8), Nepal becoming totally load-shedding free is a watershed moment. With dark days behind us, and a plenty of power available for industries and businesses, the belief of Federation... 16 May, 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
EDITORIAL: Fixing bureaucracy It is high time bureaucracy went through some substantive reforms to make it more robust and effective One of the reports that is frequently reported by the media is government staffers’ non-compliance with the mandatory rule which calls for... 20 Feb, 2018
Unavailability of banks hits locals hard Gaighat, February 9 Lack of government and private banks and financial institutions has hit the locals and government employees hard in some local levels in Udayapur. As a result, locals and government employees are compelled to visit Gaighat,... Travel 10 Feb, 2018
