Dr. Biswo Nath Poudel Appointed as Governor of Nepal Rastra Bank

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...


Commercial Banks Pay Over Rs 19 Billion in Income Tax; Seven Banks Contribute More Than Rs 1 Billion

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...


Banks Earn Nearly Rs 7 Billion from Stock Market in Nine Months

Kathmandu — Commercial banks have earned nearly Rs 7 billion from the stock market in the first nine months of the current fiscal year 2081/82. According to financial data, the 20 operating commercial banks collected Rs 6.88 billion in...


Commercial Banks Struggle with Rising Bad Loans: NPLs of Nine Banks Cross 5 Percent

Kathmandu – The growing burden of bad loans has pushed Nepal’s commercial banking sector into deep financial stress, as recovery challenges continue to mount. The latest data up to the end of the Chaitra month of the fiscal year...


National-Level Development Banks Earn Over Rs 3 Billion in Nine Months

Kathmandu — The profit of national-level development banks has exceeded Rs 3 billion in the third quarter of the current fiscal year 2081/82. According to financial reports published by the banks, eight national-level development banks operating in the country...


Commercial Banks’ Profits Exceed Rs 41 Billion in First Nine Months of FY 2081/82

Kathmandu — Commercial banks in Nepal have collectively earned over Rs 41 billion in profit in the first nine months of the current fiscal year 2081/82, showing a slight growth compared to the same period last year. According to...


Surge in Personal Home Loans, Banks Compete with Attractive Schemes

Kathmandu – The demand for personal housing loans in Nepal has surged significantly, with citizens increasingly turning to banks to fulfill their dreams of owning homes. After years of slowdown, the housing loan segment is showing signs of revival,...


Commercial Banks’ Non-Banking Assets Surge by 80 Percent in First Eight Months of FY

Kathmandu — Non-banking assets of commercial banks in Nepal have surged by 80.03 percent in the first eight months of the current fiscal year, according to the data published by Nepal Rastra Bank. The Non-banking assets held by operating...


Commercial Banks Earn Rs 42.75 Billion in Eight Months, Nabil Bank Tops the Chart

Kathmandu – The 20 commercial banks operating in Nepal have collectively earned a profit of Rs 42.75 billion by the end of Falgun in the current fiscal year 2080/81. According to data released by Nepal Rastra Bank, this marks...


Development Banks Report Over Rs 4 Billion Profit in Eight Months

Kathmandu – Development banks in Nepal have collectively recorded a profit of Rs 4.18 billion in the first eight months of the current fiscal year 2080/81. This figure, published by Nepal Rastra Bank, marks a growth of 24.01 percent...