PHP Security Vulnerability Disrupts Nepal’s Banking Sector, Forcing Websites and Online Services Offline

Kathmandu – Nepal Rastra Bank and several commercial banks have temporarily shut down their websites and some web-based services after a serious vulnerability was identified in PHP, a programming language widely used to run websites and online systems. The...


Bangkok Closes 2026 IMF–World Bank Meetings with Great Success

Bangkok — Thailand brought the 2026 IMF–World Bank Group Annual Meetings to a successful close on Sunday, ending seven days of discussions at the Queen Sirikit National Convention Center that opened on October 12. Participants from across the globe...


World Bank-IMF Annual Meetings Open in Bangkok, Focusing on Jobs and Global Economic Stability

Kathmandu/Bangkok — The joint Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group opened in Bangkok, Thailand, on October 12. Global policymakers are gathering to discuss the world economy, financial stability and development strategies. The...


Bank Deposits Shrink While Private Sector Credit Grows NPR 2.36 Billion, NRB Data Shows

Kathmandu — Deposits at banks and financial institutions fell 0.3% (NPR 2.07 billion) to NPR 8.256 trillion in the first month of fiscal year 2083/84 (mid-July to mid-August 2026), according to data released by Nepal Rastra Bank. In the...


Commercial Banks Earn Nearly NPR 70 Billion in Profit, Four Post Declines and One Turns Loss-Making

Kathmandu — Commercial banks in Nepal earned nearly NPR 70 billion in net profit during fiscal year 2025/26. According to the fourth-quarter financial statements published by 20 commercial banks, the banks posted a combined net profit of NPR 69.87...


NRB Introduces New Dormant Account Rules to Strengthen Financial Crime Prevention

Kathmandu — Nepal Rastra Bank (NRB) has rolled out a new set of regulations requiring banks and financial institutions to tighten oversight of dormant accounts, as part of broader efforts to reduce financial crime and curb the misuse of...


Interest Capitalization Eased; Banks Ordered to Maintain 24-Hour Monitoring for Financial Crime Control

Kathmandu – Nepal Rastra Bank (NRB) has revised the Unified Directive, 2025 for Class A, B, and C banks and financial institutions, introducing new provisions effective June 24, 2026 under Section 79 of the Nepal Rastra Bank Act, 2002. Under...


FATF Keeps Nepal on Grey List, Raising Pressure on Banking and Foreign Investment

Kathmandu – Nepal has once again come under heightened international financial scrutiny. The Financial Action Task Force (FATF), the global intergovernmental body responsible for setting standards to combat money laundering and terrorist financing, has decided to keep Nepal on...


Fintech and Banking Innovation Get a Boost as Nepal Rastra Bank Introduces Regulatory Sandbox Framework

Kathmandu — Nepal Rastra Bank (NRB) has issued a new Regulatory Sandbox Directive, allowing innovative financial products and services to be tested in a controlled environment with the aim of promoting innovation in the financial sector. The central bank...


Commercial Banks Earn NPR 56.5 Billion Profit in 10 Months; Nabil Leads, Kumari Shows Aggressive Growth, NIC at the Bottom

Kathmandu — Commercial banks have succeeded in earning nearly NPR 56.5 billion in profit during the first 10 months of the current fiscal year 2025/26(2082/83). According to data published by the Nepal Rastra Bank up to mid-May 2026 (end...