Kathmandu – The demand for credit from banks and financial institutions for individual residential house construction has surged in recent years, revitalizing Nepal’s real estate sector. The availability of home loans of up to Rs 20 million, coupled with...

Kathmandu – Nepal’s commercial banks are bearing economic slowdown, with their distributable profits plummeting to NPR 17.75 billion. This sharp decline has significantly impacted dividend payouts, leaving shareholders disappointed. Of the 20 Class ‘A’ banks, 11 have declared dividends...

Kathmandu – Nepal’s commercial banking sector has reported a combined profit of Rs 30.5 billion by the end of Mangsir (mid-December, 2024) in the current fiscal year 2081/82. According to data from Nepal Rastra Bank, this figure marks a...

Kathmandu – Nepal Rastra Bank (NRB) has issued a directive requiring national identity cards for opening new bank accounts, effective from Magh 1, 2081 (January 14, 2025). The central bank announced the decision through a circular on Thursday, outlining...

Kathmandu – In a groundbreaking collaboration, the United Nations Development Programme (UNDP) Nepal and NMB Bank have signed a Memorandum of Understanding (MoU) to foster an enabling environment for the private sector to issue thematic bonds. This initiative is...

Kathmandu – Amid the ongoing economic slowdown, investment by banks in the construction sector has seen sluggish growth. A halt in development and infrastructure projects across the country has significantly limited the flow of credit to the sector, creating...

Kathmandu – Nepal’s economy is showing signs of steady recovery as it navigates complex challenges. According to the latest “Current Macroeconomic and Financial Situation” report published by the Nepal Rastra Bank, key economic indicators for the first four months...

Kathmandu – The demand for personal housing loans has seen a sharp rise as interest rates continue to decline, rejuvenating the real estate sector. Banks and financial institutions have been offering loans of up to Rs 20 million for...

Kathmandu, Rastriya Banijya Bank (RBB) has introduced a new agricultural loan product, Kisan Saral Karja, aimed at supporting farmers across Nepal. Under this scheme, farmers can avail loans of up to NPR 10 lakh, with an additional facility of...

Kathmandu ; In the last 9 months, 20 commercial banks has collected around 450 billion Rupees as an interest . According to the financial statements published by the banks up to the end of Chaitra Month, of the current...