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Remittance inflow increased by 23%, BoP in surplus

Kathmandu: Nepal Rastra Bank, Nepal's central bank, has said that remittances inflow has increased by 23 percent in NPR terms in the first five months ending mid-December of the current fiscal year 2022/23. Remittance has been one of the most important source of foreign exchange for several years. It was

Season of ‘big merger’ of commercial banks, eight banks merge…

Nepal Rastra Bank (NRB) then Governor Dr Chiranjibi Nepal made a provision of the commercial banks to have paid up

Prachanda
CNI welcomes NBA decision to reduce interest rate

The Confederation of Nepalese Industries (CNI) has welcomed the decision of Nepal Bankers’ Association to reduce the interest rate.

Nepal Telecom to distribute 40% cash dividend to shareholders

Nepal Telecom will be distributing 40% cash dividend to the shareholders from the profit amount of the financial year 2078/79

nepse
NEPSE index plunges over 41 points to close at 2,149.41

The Nepal Stock Exchange (NEPSE) index has decreased 41.02 points to close at 2,149.41 on the last trading day of

Finance Minister for collective effort to solve economic problems

Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has said collective efforts are imperative to resolve the problems in

NRB
Commercial banks reducing interest rate

Commercial banks are reducing the interest rate for the month of Magh (from January 15- February 12).

World Bank
Nepal’s economic growth rate to remain 5.1% this year: World…

Nepal’s economic growth rate would remain 5.1 percent in the fiscal year 2022/23 and 4.9 percent in 2023/24, a report

NIBL, Mega Bank start business transactions as ‘NIMB’

Nepal Investment Bank Limited (NIBL) and Mega Bank Limited have launched integrated transactions following a merger.

PM Dahal insists on role of banks, financial institutions for…

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that banks and financial institutions’ role is vital to establish financial inclusion