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Remittance inflows increased 11.5 percent, current account in surplus

Kathmandu, Nov 19: The Nepal Rastra Bank, the central bank of Nepal, has said that the remittance inflows increased 11.5 percent to Rs.407.31 billion in the first three months of the current fiscal year 2024/25 compared to an increase of 25.8 percent in the same period of the previous year.

Country receives Rs 263 billion in remittance in second month…

The country has received more than Rs 263 billion in remittance in the second month of the current fiscal year.

State saved 1.5 billion for not issuing new banknotes

As Nepal Rastra Bank (NRB) did not print fresh banknotes this year targeting Dashain and Tihar festivals, the act of

NRB
NRB launches service for exchanging clean notes from today 

The Nepal Rastra Bank (NRB) has launched the service for exchanging clean notes for the public today, targeting the Dashain

IMF suggests for Nepali banks to continued vigilance over NPA

As banks deal with elevated non-performing loans and capital constraints, continued vigilance is necessary, including by continuing to strengthen regulation

Nepal’s financial sector sees significant reforms

The global economic situation continues to recover slowly and unevenly from the shocks of the COVID-19 pandemic and subsequent geopolitical

Nepal Rastra Bank
Monetary policy facilitates five provisions of budget

The new Monetary Policy for current fiscal year 2024/25 has some special arrangements to implement and facilitate various five provisions

NRB
NRB lowers bank rate and deposit collection rate

Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for Fiscal Year 2024/25 today. Through this policy, the central bank

Nepal Rastra Bank
Monetary Policy encourages microfinance institutions for merger

The Nepal Rastra Bank (NRB) has unveiled a monetary policy of current fiscal year with a target of encouraging the

NRB
NRB scraps Rs 200 million limit on share mortgage

The maximum limit Rs 200 million set for institutional loan has been abolished.