Kathmandu — The base rate of commercial banks in Nepal has been steadily declining over the past year, driven by excess liquidity in the banking system and reduced demand for credit. This has led banks to lower deposit interest...
Kathmandu – Nepal’s commercial banking sector has recorded a net profit of nearly Rs 54 billion in the first 11 months of the current fiscal year 2081/82. According to the latest financial reports, the 20 commercial banks operating in...
Kathmandu — The Nepal Rastra Bank (NRB) has unveiled the monetary policy for the fiscal year 2082/83 (2025/26), adopting a cautiously flexible approach aimed at maintaining macroeconomic stability while revitalizing credit growth and investment. Announcing the policy in Kathmandu,...
Kathmandu — Global IME Bank Limited has once again earned international acclaim after being awarded the prestigious “Best Bank Award 2025” by Global Finance magazine, marking its second consecutive win and further solidifying its position as Nepal’s leading financial...
Kathmandu — Nepal Rastra Bank (NRB) Governor Dr. Bishwanath Paudel has stated that the increasing volume of bad loans in the agriculture and small and medium enterprise (SME) sectors has significantly strained the country’s banking and financial institutions. Speaking...
Kathmandu – Nepal’s banking sector is grappling with a sharp increase in non-performing loans (NPL), with the ratio climbing to 5.24 percent by mid-May 2025—up from 3.98 percent during the same period last year. Data published by Nepal Rastra...
Kathmandu — Nepal Rastra Bank (NRB) has released the third quarterly review of the Monetary Policy for the current fiscal year, maintaining existing policy rates while introducing key regulatory measures aimed at reinforcing financial stability and improving the investment...
Kathmandu – Banking offences have become the most frequently reported crimes in Nepal over the past 10 months, with 11,048 cases recorded since mid-July 2024, according to data from the Nepal Police Headquarters. Alarmingly, nearly 60 per cent of...
Kathmandu — The Government of Nepal has appointed Dr. Biswo Nath Poudel as the new Governor of Nepal Rastra Bank. A meeting of the Council of Ministers held on Tuesday endorsed his name, making him the 18th Governor of...
Kathmandu – Commercial banks have contributed over Rs 19.15 billion in income tax to the government in the first nine months of the current fiscal year 2081/82, an increase of 9.94% compared to the same period last year. In...