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Bankers’ Association dismisses baseless allegations

Kathmandu, Feb 20: The Nepal Bankers' Association (NBA) has expressed gratitude to stakeholders for their role in establishing the banking sector as the strongest and best in South Asia, serving as the backbone of the country's economy. Despite recent disruptions and misleading information on social networks, the association reassured the

Bill on Banking offenses and Punishment in the parliament

The meeting today of the House of Representatives has approved the proposal seeking considering on 'Banking Offenses and Punishment (Second

Supervision consultant selected for Upper Arun Hydropower Project

The supervision consultant of the Upper Arun Hydropower Project, which is the biggest project of the country so far, has

Sugar industries facing sugarcane shortage in Nawalparasi

Sugar industries in Nawalparasi west have been facing shortage of sugarcane, the main raw material for the industries. As a

IMF team finds investment climate in Nepal’s energy sector

A team of the International Monetary Fund (IMF) has found investment-friendly environment in the energy infrastructure sector in Nepal albeit

Nepal Rastra Bank
Interest for institutional fixed deposit should be less than individual…

The Nepal Rastra Bank has made public the details of the mid-year review of the monetary policy of the current

Government reduces estimate of revenue and expenditure by nearly 14%

For the current financial year, revised estimates is worth 87.38 percent of the initially allocated budget, i.e. 1530.26 billion rupees.

Commercial banks adjust interest rates for Falgun

The commercial banks of Nepal have announced revisions to their interest rate structures, effective from Falgun 01, 2080 BS. All

‘New budget will focus on infrastructure, education, employment’

Finance Minister Dr Prakash Sharan Mahat has said that the upcoming fiscal year's budget will focus on infrastructure development, skills

‘Report on Ncell share deal is being studied’

Minister for Communications and Information Technology Rekha Sharma has said that the report of the probe panel on telecommunications company