Banks
struggle with
high NPLs
amid protracted
economic
slowdown
(rep 19/11/2024)
Over
94,000 debtors
added to
blacklist in FY
2023/24 (rep
18/11/2024)
NRB
to mop Rs 50
billion in
liquidity
(rep 17/11/2024)
Banks reduce
interest rates
for Mangsir
(kh 15/11/2024)
Strategic
Importance of
Countercyclical
Capital Buffer,
by Rupa Rai (rep
09/11/2024)
Commercial banks
experience
21.63% surge in
Q1 profits
(kh 23/10/2024)
NRB
takes action
against half a
dozen BFIs for
failing to abide
by its
directives
(rep 22/10/2024)
BFIs’
private sector
lending grew 1.4
percent in the
first two months
of FY 2024/25
(rep 16/10/2024)
Nepal’s
digital future :
Digital
innovation has
boosted fintech,
but its future
depends on
addressing
operational
risks, by
Nischal Dhungel
(kp 08/10/2024)
Dialing into
Prosperity,
by Adhiraj Regmi
(kh 04/10/2024)
NRB
warns BFIs’
executives of
dismissal for
overlooking
money laundering
issues (rep
03/10/2024)
Banks’
base interest
rate comes down
to as low as
6.03 percent
(rep 02/10/2024),
Fixed deposits
decline as
interest rates
come down
(ae 02/10/2024)
Saipal
gets its first
bank branch. But
locals are not
happy : Everest
Bank’s branch
opens in Dhuli,
but for the
elderly and
differently-abled
people, it still
takes days to
reach the bank
for the social
security
allowance,
by Basant Pratap
Singh (kp
29/09/2024)
NRB
adopting new
measures to
estimate
'Consumer Price
Index' (rep
26/09/2024)
Ease
e-transactions : If only
the most obvious
roadblocks are cleared,
Nepal will be on its way
to a near full
digitisation of its
economy (kp
23/09/2024)
Commercial
banks earn Rs
9.17 billion
net profit in
first month of
current FY
(rep
17/09/2024)
Banks
reduce
interest rate
for Ashoj
(rep
16/09/2024)
NRB
to mop Rs 100
billion from
BFIs : Money
piles up in
banks with no
demand for
loans (rep
15/09/2024)
Nepal’s
financial
sector sees
significant
reforms,
by Mahaprasad
Adhikari (kh
13/09/2024)
Cheque
bounce
offenses could
result in up
to two years
in prison
(kh
08/09/2024)
Commercial
banks reduce
base interest
rate to as low
as 6.22
percent for
this month
(rep
07/09/2024)
NRB
to mop Rs 40
billion from
banking system
for liquidity
management
(rep
04/09/2024)
Vehicle
loans drop by
22 percent
(ae
03/09/2024)
Banks’
interest rate
on fixed
deposit
dropped to
6.54 percent
from 10.53
percent per
annum in the
past one year
(rep
29/08/2024)
NRB
holds gold
worth Rs 82.43
billion, with
an addition
25.3 percent
more
investment in
last FY
(rep
28/08/2024)
Money
earned abroad
must be
brought to
Nepal within
35 days of
returning: NRB
(rep
20/08/2024)
Nepal’s
foreign
currency
reserve
reaches Rs
2.041
trillion,
sufficient for
imports of 13
months
(rep
19/08/2024)
Nepal’s
Economic
Landscape:
Know the
latest
macroeconomic
and financial
trends (kh
18/08/2024)
Most
banks reduce
deposit
interest rates
(rep
16/08/2024)
Commercial
banks earned
net profit of
Rs 64.15
billion in
last FY; Nabil
Bank topped
the list with
Rs 7.06
billion
(rep
05/08/2024), Commercial
banks report
13.4 percent
net profit
growth (ae
06/08/2024)
Q4
FY 2080/81
Financial
Report: Nabil
Bank leads
with Rs 7.06
billion profit
(kh
05/08/2024)
Awash
with foreign
cash, Nepal’s
central bank
relaxes
exchange rules
: The central
bank has
allowed Nepali
travelling
abroad to
carry $2,500
per trip.
Earlier, it
was $2,500
twice a year,
by Krishana
Prasain (kp
02/08/2024)
Monetary
politics :
Nepal Rastra
Bank eased
monetary
policy under
corporate
pressure, but
that does not
fix structural
woes (nt
02/08/2024)
Monetary
policy
orchestration
: The policy
has blatantly
failed to
reinvigorate
the
small-and-medium-
enterprise
(SME)
ecosystem,
by Achyut
Wagle (kp
30/07/2024)
Nepal
Rastra Bank
unveils monetary
policy (kh
26/07/2024), NRB reduces bank
and policy rates
(kh 26/07/2024)
Promote
Literacy On
Financial
Technology,
by Rudra Prasad
Adhikari (rn
25/07/2024)
NRB
takes action
against five
development
banks and three
finance
companies for
regulatory
violations
(rep 21/07/2024)
Commercial
banks earn
nearly Rs 56.5
billion in
profit over 11
months (kh
13/07/2024), Business
slowdown and
increased
operational
costs take toll
on banks’
profits in first
11 month of
current FY
(rep 13/07/2024)
Banks
holding
non-banking
assets worth
over Rs 27bn
(ae 11/07/2024)
Foreign
exchange
reserves rise by
27.8 percent
(kh 11/07/2024)
NRB
to promote digital platforms for
cross-border payment settlement
through upcoming monetary policy
(rep 10/06/2024)
Governor
blames regulatory gaps for
cooperatives crisis : Identifies
unlimited expansion, unregulated
deposits, undefined operational
boundaries as contributing
factors, by Purushottam
Poudel (kp 09/07/2024)
NRB
recorded 57 percent more cases of
suspicious transactions in 2023 (rep
02/07/2024)
Nepal
permits QR code payment in India and
Bhutan : Nepali payment system operators
say they will soon begin the service in
India. The daily transaction limit for
merchant payment is Rs15,000 or
Rs100,000 per month, by Krishana
Prasain (kp 28/06/2024), NRB
eases digital financial transactions
between Nepal and India (rep
28/06/2024), A
progressive step for cross-border
transactions (rep 29/06/2024)
NRB to implement market
conduct supervision to protect banks’
customers from next FY (rep
26/06/2024)
Record high
deposits in banking sector, but no signs
of increased loan demand (kh
23/06/2024)
Degrading
quality of BFIs’ assets poses threat to
the stability of country’s financial
sector: NRB report (rep 21/06/2024)
Monetary
policy not as flexible as during
COVID-19, banking sector under pressure:
Governor Adhikari 20/06/2024)
NRB
mops Rs 50 billion from financial system
amid liquidity surge (rep
20/06/2024)
The
menace of microfinance : There is no
comprehensive research on the benevolent
outcomes of microfinance activities,
by Achyut Wagle (kp 18/06/2024)
Commercial
banks reduce interest rates except for
Himalayan and Nabil (rep 15/06/2024)
Net profit of BFIs
down by 15.03 percent in 10 months
(ae 13/06/2024)
Banks’
lending rates likely to decline further
as economic slowdown continues. In the
last month of every fiscal year, banks
are usually flooded with additional
deposits: Bankers (rep 12/06/2024)
IMF
shows concern over the audit report of
the credits issued by BFIs (rep
09/06/2024)
NRB
mops Rs 30 billion from financial system
for liquidity management (rep
09/06/2024)
Banks
maintain 78 percent of their investment
portfolio in government securities (rep
08/06/2024)
Paper-based
transactions belie Nepal’s digital growth :
Nepal’s digital payment race started quite late,
and cash transactions still outweigh digital
transactions, by Krishana Prasain (kp
08/06/2024)
Over
Rs. 600 billion unused in banks amid stagnant
loan demand (kh 04/06/2024)
RB
forwards 13-point policy to extend financial
access (rep 01/06/2024)
Banks
yet to return premium charged on loan interest
against rules (rep 27/05/2024)
Recessionary
fallout on banking : The economic revival looks
challenging if the government fails to take bold
countercyclical measures, by Achyut Wagle
(kp 21/05/2024)
Bank
deposits witness Rs 26 billion surge (kh
21/05/2024)
Monetary
policy review: Risk weightage of vehicle loan
reduced (rn 17/05/2024), Monetary
policy review seeks to boost equity supply,
housing, and auto loans (rep 18/05/2024)
Most
banks lower deposit rates (ae 15/05/2024)
Commercial
banks lowering interest rates on deposits from
Tuesday (rep 14/05/2024)
Global
IME Bank named ‘Best Bank in Nepal for 2024’ by
Global Finance Magazine (rep 14/05/2024)
Nepal’s
banking industry is a leader in South Asia in
employing women : They make up 45 percent of
financial service staff, but much less in senior
positions, by Krishana Prasain (kp
11/05/2024)
Blacklisting
Of Banking Defaulters, by Dibakar Bashistha
(rn 10/05/2024)
Blaming
NRB and Monetary Policy is Inappropriate, by
Mahaprasad Adhikari (kh 10/05/2024), The
Imperative of Correlating Finance and Monetary
Policy, by Madhu Marasini (kh 10/05/2024)
Govt
advances ‘Sovereign Credit Rating’ (kh
27/04/2024)
Standing
deposit facility in monetary policy : The money
market is expected to remain vibrant and dynamic
under the interest rate corridor framework,
by Ram Sharan Kharel (kp 23/04/2024)
NRB
considers 18 out of 20 commercial banks in its
watchlist for strict onsite inspection : The
central bank received large number of complaints
against functioning of these banks in question
(rep 21/04/2024)
Exploring
opportunities and Challenges of Increasing
Online Transactions in Nepal, by Chinmaya
Mishra (rep 20/04/2024)
Central
bank panel proposes monthly QR code payment
limit at IRs100,000 for Nepalis in India : But
the limit does not apply for payments to be made
for services in hotels, hospitals and chemist
shops in India, by Krishana Prasain (kp
19/04/2024)
Govt’s
tightening policy puts Nepali banks in jeopardy
(ae 17/04/2024)
Banks
flouting NRB directives; Board accountability
questioned (kh 16/04/2024), Most
of the commercial banks fail to adopt good
governance practices: NRB (rep 16/04/2024),
Strengthen
oversight to ensure good governance practices in
banking sector (rep 17/04/2024)
Commercial
bank branches surge by 2,000 in six years
(kh 16/04/2024)
Banking
sector under scrutiny for KYC failures and lack
of high-profile individual details (kh
16/04/2024)
Banks
reduce interest rates for Baisakh, except for
Everest and NMB Bank (rep 12/04/2024)
Economic
slowdown and soaring bad debts hit banks’
profits (rep 11/04/2024)
Viability
of the infrastructure bank : It prompts inquiry
into why the government ostensibly chose to
venture into the banking sector., by Lok
Bhattarai (kp 07/04/2024)
Chitwan
reports more than 700 banking offense cases in
eight months (kh 29/03/2024)
Majority
of commercial banks lower their base lending
rates to single digit (rep 25/03/2024)
BFIs
urged to flow credit in productive sector
(ae 18/03/2024)
17
banks reduce interest rates for Chaitra except
for NIC Asia Bank : Two banks maintain stability
(rep 13/03/2024)
NRB
to sell development bonds worth Rs 8 billion
(kh 08/03/2024)
Need
To Dispel Anti-banking Sentiments, by Uttam
Maharjan (rn 05/03/2024)
Banks
in Nepal are secure: Governor Adhikari (kh
03/03/2024)
NRB
allocates Rs 380 million in fixed deposits
(kh 28/02/2024)
Governor
Adhikari asserts stability in banking and
financial institutions amidst challenges (kh
26/02/2024)
RB
takes action against three development banks and
three finance companies (rep 15/02/2024)
Nepal’s
10 largest banks to be audited by external
experts later this year : The IMF has promised
to provide credit amounting to $395.9 million
under the ECF facility (kp 14/02/2024)
NRB
revokes licenses of five money exchange
companies (rep 14/02/2024)
Commercial
banks further reduce interest rates for Falgun
(rep 12/02/2024)
BFIs
invest Rs 32.74 billion in home loans during
mid-July and mid-January (rep 11/02/2024)
Debt
servicing eases as interest rate of internal
loans lowers : Debt to Gross Domestic Product
ratio rose to over 44 percent as of the second
quarter of current fiscal year (kp
10/02/2024)
Central
banks versus markets : The ability to manage
market expectations plays a critical role in the
execution of monetary policy, by Paban Raj
Pandey (kp 08/02/2024)
Half-yearly
economic review: Forex reserves reaches 1816.57
billion (kh 06/02/2024)
Banks
grapple with excess liquidity as lending remains
cautious (kh 05/02/2024)
Banks
fail to attract investors to take loans despite
lowering interest rates : ‘Interest rates likely
to fall further in coming days’ (rep
04/02/2024)
Nepal’s
central bank proposes peer-to-peer lending to
support MSMEs growth : For the micro, small and
medium enterprises in Nepal, the estimated
financing gap is $3.6 billion (kp
31/01/2024)
Nepal’s
banking sector faces impact of sluggish economy
(rep 28/01/2024)
Banks
and financial institutions face NRB’s regulatory
action (kh 27/01/2024)
NRB
Governor urges Agricultural Development Bank to
diversify its services (rep 22/01/2024)
Nabil
fails to cash hydel project bond from Chinese
bank : Himalayan Bank, Bank of Kathmandu, and
Investment Bank faced similar issues in the past
in China and Italy, by Prithvi Man Shrestha
(kp 21/01/2024)
Majority
of commercial banks reduce base interest rate on
lending to single-digit (rep 17/01/2024)
Bank
deposits reach Rs 6.1 trillion; borrowings
increase Rs 22 billion in 4 days (kh
17/01/2024)
Nepali
payment service providers grapple with
operational challenges, report says : Nepal
Rastra Bank’s ‘Payment Systems Oversight Report’
flags shortcomings, calls for reforms (kp
12/01/2024)
Foreign
exchange reserve up by 14.8%, sufficient for 14
months imports (rep 11/01/2024), Nepal
maintains record-high forex reserves of US $
13.31 billion : Nepal gains a significant amount
of foreign currency reserves due to a whopping
rise in remittance inflows (rep 12/01/2024)
Banks
look for reducing interest rates further citing
excessive loanable funds with them (rep
10/01/2024)
Banks
grapple with excess liquidity as demands for
loan disappear (ae 09/01/2024)
Writ
filed at SC challenging NRB Governor’s
educational qualifications (kh 28/12/2023)
Interest
rates on loans offered by commercial banks
witness a decline (kh 25/12/2023)
NRB
to extract 35 billion from banks, initiates
strategic deposit drive (kh 25/12/2023)
Nepal
BFSI Summit 2023 dwells on ways to promote
financial collaboration for economic growth
(rep 23/12/2023)
NRB
to issue treasury bills worth Rs 17.11 billion
(kh 23/12/2023)
Digital
banking and cybersecurity landscape in Nepal,
by Ramesh K Dhital (ae 21/12/2023)
Nepal’s
banks surpasses Rs 60 billion in deposits
(kh 20/12/2023)
NRB
publishes financial results of commercial and
development Banks; Nabil leads the way (kh
19/12/2023)
NRB
to absorb 10 billion rupees amidst heightened
banking system liquidity (kh 18/12/2023)
Govt
collects over Rs 12.8 billion in revenue from
BFIs (kh 17/12/2023)
Commercial
Banks adjust interest rates for the month of
Paush (rep 16/12/2023), Banks
reduce interest rates on deposits as high as two
percentage points for next month (rep
17/12/2023)
Monetary
policy review : Adjusted Interest Rate. With the
review of Monetary Policy, Nepal Rastra Bank
reviews expects revival of economy (sp
15/12/2023)
SC
rules BFIs to settle income tax dues on profits,
dividends on merger, FPO premium within two days
: BFIs under pressure to pay Rs 20 billion
income tax on mergers and acquisitions and Rs 6
billion FPO premium by Friday (rep
15/12/2023)
Gross
foreign exchange increases to Rs 1696.78 billion
(kh 14/12/2023), Nepal’s
forex reserves rise to a record $12.75 billion :
Economists, however, warn the piling up of
foreign exchange reserves is a warning sign of a
potential recession (kp 15/12/2023)
Commercial
banks start reducing interest rates following
NRB’s revised monetary policy (rep
12/12/2023)
Central
bank policy facilitates credit expansion (ae
11/12/2023)
Private
sector hails revised monetary policy for FY
2023/24, express doubt over proper
implementation. Revised monetary policy can help
banks reduce interest rates, most likely from
next month: Bankers (rep 10/12/2023)
NC
leader Dr Shekhar Koirala accuses banks of being
biggest loan sharks (kh 09/12/2023)
Financial
aid for earthquake victims: Banks to offer
minimal interest loans for reconstruction
(kh 08/12/2023)
Independent
audit of 10 big banks starts in April-end :
After the post-pandemic credit boom, banking
sector vulnerabilities have slowly become more
apparent (kp 08/12/2023)
Nepal-India
digital payment system launch delayed : Nepali
officials attribute the delay to Indian banks,
which have yet to update the mobile apps to
incorporate Nepal’s payment features, by
Krishana Prasain (kp 05/12/2023)
NRB
made a profit of Rs 87.60 billion in FY 2022/23;
Rs 25 billion to be allocated for govt (rep
05/12/2023)
Failure
to address FATF suggestions may create financial
stress : Domestically, further deterioration in
bank balance sheets or lack of progress in
addressing the deficiencies identified by the
Asia Pacific Group of the Financial Action Task
Force (FATF) could create financial system
stress, by Sameer Sharma (ae 04/12/2023)
Himalayan
Reinsurance to acquire Habib’s stake in
Himalayan Bank (kh 04/12/2023)
Banks
have lowered interest rate to single digit, they
are reducing it further: NBA (rep
03/12/2023)
Bankers
discontent over central bank’s new rule of not
blacklisting defaulters before auctioning their
securities (rep 03/12/2023)
NRB
implements strategies to balance funds and
interest rates (kh 03/12/2023)
Nepal's
public debt surpasses Rs 57 billion in the first
four months of FY 2023/24 (rep 02/12/2023)
If
banks charge more than 16 percent interest, file
a complaint, we will refund it: Governor
Adhikari (rep 02/12/2023)
Central
bank tells BFIs to first auction the collateral
before blacklisting loans defaulters (rep
30/11/2023)
Access
to bank loans: Challenges for small
entrepreneurs in Nepal (kh 28/11/2023)
NRB
introduces new regulations for hire purchase
schemes (kh 28/11/2023)
Global
IME Bank leads banking sector in fiscal
responsibility, Tops taxpayer list (kh
23/11/2023)
Banking
sector ‘healthy’ despite Q1 profit dip, by
Mamata Thapa (ae 20/11/2023)
Commercial
banks decrease interest rates (kh
16/11/2023)
Foreign
exchange reserves increase by 6.7
percent in 3 months (rep 10/11/2023)
Asian
Bankers Association conference kicks off
(rep 09/11/2023), FinMin
Mahat urges Asian banks to invest in
Nepal (rep 10/11/2023)
Banks
start reducing their interest rates due
to fall in demand for loans (rep
07/11/2023)
Commercial
banks see whopping rise in their bad
debts ratio in Q1 of current FY Six
banks have bad debts of more than four
percent (rep 06/11/2023)
Nepal’s
commercial banks had their profits
declined by 18.60 percent in Q1 of
current FY (rep 04/11/2023)
Agricultural
Development Bank's NPLs exceed
regulatory limit, reports loss of Rs 880
million (rep 03/11/2023)
A
quarter of Nepali population has bank
account: NSO (ae 01/11/2023)
Cash
amount of Rs 76 billion mobilized out of
the country’s banking system during
Dashain (rep 29/10/2023)
NRB
takes action against half a dozen
commercial banks for violating
guidelines (kh 20/10/2023)
Banks
reduce deposit interest rates amid
liquidity surge (rep 17/10/2023)
Foreign
exchange reserves soar by 25 billion in
a month, approaching 1.6 trillion mark
(kh 17/10/2023), Nepal’s
current account and BoP in surplus,
forex reserves enough to sustain imports
for one year (rep 17/10/2023)
Concerns
over elevated interest rates : Lowering
deposit and loan interest rates can
stimulate economic competitiveness and
benefit Nepalis, by Pralhad Giri (kp
12/10/2023)
Government
seizes liquidity opportunity to ramp up
internal debt (ae 09/10/2023)
NRB
increases share mortgage loan limit to
Rs 200 million (rep 08/10/2023)
NRB
bolsters deposit protection to Rs
500,000, boosting public confidence in
banking sector (rep 07/10/2023)
Under
pressure from govt and investors, NRB
raises ceiling on margin loans (rep
06/10/2023)
NRB’s
autonomy in question : It is not the job
of regulators such as the central bank
to wish for higher stock prices, by
Paban Raj Pandey (kp 02/10/2023)
NRB
issuing development bonds worth Rs 13.10
billion today (rep 01/10/2023)
Environmental
and Social Risk Management in Nepali
Banking: Policy, Implementation and
Status (rep 30/09/2023)
NRB
Survey Report reveals 16% surge in
Foreign Direct Investment in Nepal in FY
2078/79 (kh 27/09/2023)
Nepal
Rastra Bank doubles daily gold import
quota to 20 kg (kh 27/09/2023)
Commercial
banks make a profit of Rs 8.5 billion
from mid-July to mid-Aug (kh
26/09/2023)
Commercial
banks revise their interest rates from
today (rep 18/09/2023), Seven
commercial banks increase interest rate
on deposits, while eight others reduce
the rates (rep 18/09/2023)
Nepal's
current account records surplus after 33 months
(ht 18/09/2023)
Nepal
witnesses a steep rise in banking
offense cases (ae 15/09/2023)
Nepal-India
digital payment system to launch in Nov
: Indian tourists will be spared the
hassle of carrying bundles of cash as
large banknotes are banned in Nepal,
by Krishana Prasain (kp 10/09/2023)
Challenges
of microfinance in Nepal: Rebalancing
social purpose and financial stability,
by Kiran Paudel Upadhyaya (ht 08/09/2023)
Banks
increase investments in real estate
loans: NIMB, Nabil, NIC, with Everest
leading in expansion (rep
02/09/2023)
Banking
by collusion : Nepal’s rate-setting
connivance exploits customers, by either
paying less on deposits or charging more
on loans, by Paban Raj Pandey (kp
30/08/2023)
NRB
flexes criteria on working capital
loans, removes yearly account zeroing
rule (rep 28/08/2023)
NRB
governor stresses financial literacy
(rep 27/08/2023)
Amid
economic slowdown, digital payments see
a 13.22 percent decline in the last
fiscal (ae 24/08/2023)
Esewa
Money Transfer, Enjaz Payment Services
sign pact to facilitate remittance
services : Nepalis living and working in
Saudi Arabia can now send remittances to
Nepal through any of the 150 Enjaz
Payment branches or using Enjaz App POS,
kiosks and web channels (kp
22/08/2023)
14
commercial banks adjust deposit interest
rates (kh 17/08/2023), Commercial
banks introduce diverse interest rates
for Bhadra month (rep 17/08/2023)
Bridging
Monetary and Fiscal Policy : Remittance
Driven Credit Formation and
Digitalization, by Saurav Raj Pant
(kh 10/08/2023)
Diminishing
banks’ dividend distribution capability
(ae 09/08/2023)
Development
banks’ profits downswing by 7.82 percent
in FY 2022/23 (rep 08/08/2023)
NRB
takes action against three commercial
banks for violating regulatory system
(rep 07/08/2023)
Net
profits of commercial banks surged 24.92
percent, while distributable profits
declined by 26 percent (rep
06/08/2023)
A
Close Look At Monetary Policy, by
Uttam Maharjan (rn 03/08/2023)
Govt
steps up preparation to raise internal
debt of Rs 10 billion (rep
02/08/2023)
NRB
Governor defends 'liberal' Monetary
Policy (rep 30/07/2023)
NRB
amends unified directives, re-introduces
counter cyclical buffer for banks
(rep 28/07/2023)
NRB
to make special arrangements for
borrowers affected by natural disasters
(rep 25/07/2023)
New
monetary policy seeks to speed up
economic recovery : Outbound Nepalis
will be allowed to exchange up to $2,500
twice a year, central bank says, by
Subin Adhikari and Krishana Prasain (kp
24/07/2023)
NRB's
Monetary Policy 2023-24 draws mixed
reaction from private sector (ht
24/07/2023), Monetary
policy brings vague measures that fail
to revitalize ailing economy: Private
sector (rep 24/07/2023)
NRB
unveils monetary policy for FY 2023/24
(rep 23/07/2023), NRB
keeps bank rate unchanged, general
flexibility in policy rate (rep
23/07/2023), Nepalis
can now withdraw $2500 USD as per new
monetary policy (rep 23/07/2023), NRB
raises housing loan limit to facilitate
house building (rep 23/07/2023), Monetary policy:
Foreign currency loans can no longer be
repaid in Nepali currency (kh
23/07/2023), Agricultural
sector received 13.1 percent loans,
while 6.1 percent allocated to
underprivileged sector in last fiscal
year (rep 23/07/2023)
Central
bank expands digital payment system :
Hotels, travel and trekking agencies and
retail stores, among others, allowed to
establish digital payment system, by
Krishana Prasain (kp 22/07/2023), NRB
to facilitate digital payments (kh
23/07/2023)
Integrating
Climate Risk in BFIs, by Deep
Prakash Ayadi (kh 18/07/2023)
When
will Nepali banks go for automation?,
by Simran Lageju (rep 16/07/2023)
Banks
regulate interest rates after scrapping
cartelization (rep 16/07/2023)
Number
of electronic transaction increases,
while transaction amount falls by Rs 10
billion (rep 15/07/2023)
Association
allows banks to set their own interest
rates as cash piles up : Analysts expect
interest rates to come down as a result
(kp 14/07/2023)
Interbank
interest rate declined to 1.36 percent,
a heavy drop from over 8 percent in the
past five months (rep 12/07/2023)
Laxmi
Bank and Sunrise Bank Limited to start
joint operation from Friday (rep
12/07/2023)
NRB
directs banks and financial institutions
to extend Saturday services for next two
weeks (rep 07/07/2023)
Monetary
policy: Can it crack the whip on
inflation?, by Kuber Chalise (ht
06/07/2023)
NRB
under pressure to devise monetary policy
to address multitude of problems
existing in the economy (rep
04/07/2023)
NRB
turns flexible allowing the banks to
issue more loans to bad debtors (rep
02/07/2023)
Nepal
Rastra Bank: Time to work for financial
stability, by Jagadish Dahal (ht
30/06/2023)
Capital
flight unabated: Nepalis’ deposits in
Swiss banks soar by 62 percent : The
deposits of Nepali individuals and firms
in Swiss banks have reached Rs 70.764bn
(482.542m Swiss francs) (ae
28/06/2023)
NRB
signals flexibility in Monetary Policy for FY
2023/24 (rep 28/06/2023)
How
Climate Change is Affecting BFIs, by Deep
Prakash Ayadi (kh 28/06/2023)
Private
sector credit growth rate in Nepal higher than
other South Asian countries (ae 27/06/2023)
Nepal
Rastra Bank report recommends providing more
resources to real sectors : At the same time,
there should be very close micro and macro
monitoring systems, the report says (kp
26/06/2023)
Bank
account for new born daughters (kh
24/06/2023) [related to Baglung Municipality]
Net
profit of banks rose by 5.89pc in FY 2021-22
(ht 22/06/2023)
NRB
working on digital currency (kh 19/06/2023)
‘The
central bank should regulate cooperatives’,
interview with Gauri Bahadur Karki, former
chairperson of the Special Court, who headed an
inquiry commission formed to look into troubled
saving and credit cooperatives, on the current
crisis in the cooperatives (kp 19/06/2023)
NRB
signals loose monetary policy for FY 2023/24
(rep 15/06/2023)
NRB
cautions BFIs’ over capital flight through
over-invoicing (ae 09/06/2023)
NRB’s
role in fueling inequality : The ever-increasing
loanable fund crisis may drastically affect the
livelihoods of the poor, by Pradip Kafle (kp
08/06/2023)
NRB
prepares for Nepal-India digital payment
mechanism (ae 06/06/2023)
50
million depositors, 1.8 million credit accounts
(kh 28/05/2023)
NRB
“halts” digital payment agreement due to be
signed between Nepal and India (kh
26/05/2023)
NRB
auctioning Rs 29.1 billion worth of treasury
bills (kh 26/05/2023)
No
improvement in loan demand despite banks
slashing interest rate (ae 25/05/2023)
Cash
transactions with BFIs increase by a notable
amount while banks are with cushion of liquidity
(rep 25/05/2023)
Banks
paid less income tax this fiscal (ae
24/05/2023)
Laxmi
Bank, Sunrise Bank sign final merger deal
(ae 23/05/2023)
Everest
Bank Fraud Case: Operation In-charge admits his
involvement in the fraud during initial
investigation (rep 22/05/2023)
NRB
issues circular on loan restructuring and
re-scheduling (kh 18/05/2023)
IFC
approves loan of US$ 55 million to Siddhartha
Bank (rep 17/05/2023)
Nepal’s
central bank cuts rate as recession bites : The
move, however, raises fears of higher inflation,
which already has breached the central bank’s
target, by Krishaba Prasain (kp 13/05/2023),
Private
sector skeptical on the NRB’s revised monetary
policy to effectively address the current
economic problems : “Monetary Policy review
brings in scanty measures, which might not be
sufficient to address the country’s burning
economic problems” (rep 14/05/2023), Third
quarterly review of Monetary Policy: NRB gives a
breather to banks and borrowers (ae
16/05/2023)
Latest
central bank report reveals gradual economic
recovery (ht 11/05/2023)
NRB’s
latest move to bring down lending rates (ae
10/05/2023)
3rd
Quarterly Review of Monetary Policy: All eyes on
the central bank (ae 09/05/2023)
Nepal
reiterates its commitment to audit 10 large
banks by int’l audit firm : In a letter to the
IMF, the Finance Minister and NRB Governor have
said that the country’s 10 largest commercial
bank’s audits by international auditing firms
will be launched by April 2024 (ae
08/05/2023)
Banks
focus on providing easy home loans to their
clients, but fail to attract borrowers : The low
turn on for the banks’ loan is blamed to the
ongoing economic slowdown (rep 07/05/2023)
NPLs
of Nepali banks reach 3.02 percent, almost
three-folds in the past nine months of the
current FY (rep 25/04/2023)
Lure
of easy money leads Nepalis into traps of online
fraudsters : The scams mainly take place through
social media outlets like Facebook, Twitter and
Instagram or through websites such as Google and
Yahoo!, by Anup Ojha (kp 25/04/2023)
NRB
slaps cash fine of Rs 153.70 million against
nine commercial banks for breaching compliances
(rep 23/04/2023)
FNCCI
calls for reducing loan interests (kh
20/04/2023)
Non-performing
loans in Nepali commercial banks: What does IMF
audit indicate?, by Nabin Kafle (nlt
19/04/2023)
Make
banking boring again : Present-day banks are
deviating a bit too much from the original
deposit-loan scheme, by Paban Raj Pandey (kp
16/04/2023)
Impact
Of Liquidity Crunch On Economy, by Shyam
Prasad Mainali (rn 14/04/2023)
Interest
rates on deposits slashed to single digits :
Banks will pay 9.99 percent interest on fixed
deposits from Friday, down from 11 percent,
officials said (kp 13/04/2023)
No
environment for investment despite fund
availability: CBFIN Chair Golyan (kh
12/04/2023)
Banks
fail to increase lending despite excess
liquidity (rep 11/04/2023)
No
Need To Panic About Deposits, by Uttam
Maharjan (rn 11/04/2023)
NRB
to auction treasury bills worth Rs 22.46bn
(ht 10/04/2023)
Commercial
banks collected deposits of Rs 34 billion, while
lending grew only Rs 9 billion in past three
weeks (rep 08/04/2023)
Banking
offense cases rise amid economic slowdown
(ae 04/04/2023)
NRB
seeks public feedback to resolve MFIs’ issues
(ae 03/04/2023)
Nepali
commercial banks took heavy amount of foreign
loans this fiscal year (kh 03/04/2023)
Banks
will not fall into massive crisis any time soon
despite a notable rise in bad debts: NBA
(rep 31/03/2023)
What
can Nepal learn from the collapse of America’s
Silicon Valley Bank? Nepal's banks and financial
institutions should realize how crucial it is to
manage risks effectively to diversify, to have
efficient regulation and oversight, and to be
innovative and adaptable, by Anmol Purbey
(nlt 30/03/2023)
NRB
tries to console bank CEOs about non-recovery of
loans (ae 29/03/2023)
HamroPay
users cross 1 lakh in the first month of its
launch (kh 28/03/2023)
Tackle
Problems Facing Banking Sector, by Uttam
Maharjan (rn 28/03/2023)
NRB
prepares ground for international teams to audit
large commercial banks (ae 27/03/2023)
Analysing
Lender Of Last Resort Policy, by Uttam
Maharjan (rn 21/03/2023)
Provisioning
amount of BFIs jumps with the rise in bad loans
(ae 21/03/2023)
NRB
penalizes Nabil Bank for violating CD ratio
provision (kh 20/03/2023)
Anti-banking
activities put safety of BFIs’ staff at risk
(ae 20/03/2023)
Nepal
sees outflow of around Rs 13.5 billion in eight
months (kh 18/03/2023)
Commercial
banks earn profits of around Rs 40 billion
during mid-July and mid-February (rep
18/03/2023)
IMF
calls for audit of Nepali banks to check quality
of loans : Representatives of the Article IV
mission called for the audit to bring clarity
about the state of the asset quality, central
bank officials said, by Prithvi Man Shrestha
(kp 17/03/2023)
MFIs
struggle to tackle surge in NPLs (ae
17/03/2023)
Non-performing
loans of microfinance companies almost doubled
in the first six months of current FY: NRB
(rep 15/03/2023)
NRB
issues Lender of Last Resort Policy 2023 (ae
14/03/2023)
Foreign
employment bonds fail to attract investments
from migrant workers (ae 14/03/2023)
BFIs
reduce interest rate (kh 14/03/2023)
By
arresting coordinator of ‘black soot’ squad,
govt violated constitutional rights: Durga
Prasai (rep 14/03/2023)
Nepal
Bankers Association moves to reduce interest
rate on loans : The association says that the
cap in premium rate will provide some relief to
the creditors as it reduces lending rates,
by Krishana Prasain (kp 10/03/2023), Banks
reduce interest rate on savings and call
deposits (ae 10/03/2023)
Prescribed
Sector Lending: Banks lent 29 percent of loans
to priority sectors (ae 08/03/2023)
Digital-payment
systems for health care : Investing in
digitalisation is crucial to realising a future
where a woman with diabetes can treat her
condition, by Sania Nishtar (kp 07/03/2023)
Possibility
of debt defaults present fresh challenges to
BFIs (ae 06/03/2023)
Private
sector demands reduction in interest rates
(ae 06/03/2023)
Commercial
banks’ NPLs doubled in the first six months of
current fiscal year : Rising NPLs in banking
business are alarming (rep 05/03/2023)
Nepal
Rastra Bank issuing treasury bills worth Rs 15
billion (kh 05/03/2023)
Why
microfinance lending has been embroiled in
controversies : Borrowers cite anomalies like
exorbitant interest rates for their failure to
pay back loans, by Prithvi Man Shrestha (kp
05/03/2023)
Second
phase of National Payment Switch delayed :
Currently, domestic Visa and MasterCard
transactions are switched through international
payment gateways and cardholders are charged in
dollars., by Krishana Prasain (kp
26/02/2023)
HBL
and CBL start joint operation (ht
25/02/2023)
Small
borrowers ruined by exorbitant interest rates :
Insiders say the actual number of victims of
microfinance companies may be in the hundreds of
thousands, by Subin Adhikari (kp
22/02/2023), NRB
to tighten noose on micro-finances : The central
bank to bar microfinance companies from issuing
multiple loans and also to cap their dividend
distribution (ae 22/02/2023), NRB
makes stricter rules for microfinance loans :
Borrowers who have taken a loan from a bank will
not get loans from microfinance (rep
23/02/2023), NRB
tightens the noose around microfinance companies
exploiting customers, by Rajesh Khanal (rep
24/02/2023)
Digital
payment systems outshine traditional modes of
payment (ae 20/02/2023)
Rethinking
banking classification : It is essential to
analyse the impact of mergers and acquisitions
on the overall financial system and economy,
by Jagadish Prasad Bist and Sazid Bista (kp
17/02/2023)
MFIs
agree to return Rs 1.60 billion that they had
collected in service charges from their clients
(rep 15/02/2023)
Nepal's
central bank continues policy of controlling
credit expansion : Nepal Rastra Bank fears that
easy availability of credit could again fuel
imports leading to a rapid depletion of foreign
exchange reserves, by Krishana Prasain (kp
11/02/2023)
BFIs’
lending grows in sixth month of current fiscal
year (ae 10/02/2023)
New
loan sharks : Loan delinquency is a growing
problem as microfinance firms charge exorbitant
interest rates (kp 10/02/2023)
NRB
scraps COVID-related provisions for BFIs (ht
10/02/2023)
Commercial
banks are found increasingly violating the
financial related laws (rep 09/02/2023)
Sharp
drop in outstanding refinance facilities (ae
08/02/2023)
National-level
development banks’ profits declined by 21
percent (ae 07/02/2023)
Cases
of banking offenses on the rise (kh
05/02/2023)
Banks’
income from share trading declines by
31.6 percent (ae 03/02/2023)
NRB
positive to remove ceiling of Rs 120
million in margin loan (rep
02/02/2023)
Liquidity
in the banking system improving
significantly : For the first time in 18
months, the central bank last week
issued reverse repo of Rs 5bn (ae
01/02/2023)
Economic
slowdown puts a brake on the speed of
electronic transactions (ae
31/01/2023)
Mobile
banking transaction amount limit
increased : The daily transfer limit has
been doubled to Rs200,000 from wallet to
bank account or from bank account to
wallet (kp 31/01/2023)
NRB
eases hurdles for companies to borrow
money from abroad (ae 30/01/2023)
NRB
allows remit companies operate digital
payment business (ae 30/01/2023)
Nepal's
commercial banks: Unfair competition,
syndicate and conflict of interest,
by Guna Raj Bhatta (ht 27/01/2023)
Loosening
the noose of credit : Lengthy legal
contracts are neither feasible nor
desirable to sell products on a small
scale, by Achal Raj Pandey (kp
27/01/2023)
Economic
slowdown pushes NPLs of Banks up (ae
25/01/2023)
Banks’
profit grow by 11.9 percent (ae
24/01/2023)
NRB
annuls cash margin requirement for
import : Bowing to the pressure of the
private sector and the IMF, the central
bank completely opens up import risking
again a pressure on the forex, by
Rajesh Khanal (rep 20/01/2023)
Merger
& Acquisition Key To Stability, by
Uttam Maharjan (rn 17/01/2023)
NRB
ensures cash flow of Rs 3007.75 billion
in five months (kh 14/01/2023)
Interest
rate on fixed deposits slashed to 11
percent : Deposits have been increasing,
and banks are in a comfortable position
in terms of liquidity, insiders say,
by Krishana Prasain (kp 13/01/2023)
BoP
remains surplus (rn 13/01/2023)
Banks
ready to lower interest rate from
mid-January: NBA, by Rajesh Khanal
(rep 12/01/2023), CNI
embraces NBA decision on interest
curtailment (kh 13/01/2023)
Prabhu
Bank completes acquisition of Century
Bank (ae 11/01/2023)
A
wave of mergers in commercial banks in
Nepal, by Dilip Poudel (rep
10/01/2023), Season
of 'big merger' of commercial banks,
eight banks merge with each other
(rn 13/01/2023)
Global
IME becomes the largest Nepali bank
(ae 10/01/2023)
Nepal
opens door to foreign investment in
digital payment system : The revised
guideline issued by the central bank
allows foreign direct investment in PSPs
and PSOs, by Krishana Prasain (kp
09/01/2023)
Is
NRB Directive on Working Capital Loan
Private Sector-friendly?, by Shankar
Man Singh (rep 09/01/2023)
Nepal
Bank denies Nepali IT companies from
bidding for new software (rep
08/01/2023)
NRB
shows flexibility to resolve working
capital loans issue (ae 04/01/2023),
Central
bank relaxes provisions of guidelines on
working capital loans : Borrowers can
now repay the excess credit in the next
two and half years in five instalments
(kp 05/01/2023)
Six
banks set to start unified business
(ae 04/01/2023)
2023
will be a year of consolidation in
Nepali banking (ae 03/01/2023)
NRB
halts survey on real estate price citing
gaps in authenticity of data (kh
30/12/2022)
25
banks mandated to return Rs 4.67 billion
to borrowers (rn 29/12/2022)
NRB
to change working capital loan
guidelines (ae 26/12/2022)
Nabil
launches nBank as Nepal’s first ‘neo
bank’ (ae 26/12/2022)
Over
2,000 individuals and firms blacklisted
last month, banks’ provisioning amount
also hit over Rs 126 billion, by
Rajesh Khanal (reo 25/12/2022)
“The
current crisis in banking system is
slowly coming to normalcy”,
interview with Manoj Gyawali, deputy CEO
of Nabil Bank (nlt 24/12/2022)
Banking
industry in crisis : What is more
worrisome is the unwillingness of
policymakers to read the writing on the
wall, by Achyut Wagle (kp
20/12/2022)
Liquidity
crisis to worsen in January: NRB Governor
Adhikari (rep 14/12/2022)
NRB
warns of suspending bank accounts of individuals
involved in online betting (rep 14/12/2022)
NRB
to set up a separate Anti Money Laundering
Supervision Division (kh 09/12/2022)
Commercial
banks collected deposits of Rs 11 billion last
week, eased the liquidity problem a bit (rep
08/12/2022)
Banks
told to prepare risk matrix to tackle money
laundering and terror financing : Nepal Rastra
Bank’s new guidelines require banks to assess
risks related to banking products and services,
customers, delivery channels and geographical
locations, by Prithvi Man Shrestha (kp
05/12/2022)
Central
bank eases 100 percent margin provision on some
items : The move comes after an improvement in
the balance of payment and foreign exchange
reserves, by Krishana Prasain (kp
04/12/2022)
NRB
to invest over Rs 1.53 billion in fixed deposits
(ht 01/12/2022)
NRB
takes action against nine banks : Agriculture
Development Bank and BOK pay Rs 22.22 million
(kh 29/11/2022), NRB
alerts four CEOs including Prabhu Bank CEO
Sherchan (kh 29/11/2022), NRB
slaps cash fine on banks breaching guidelines
(rep 30/11/2022)
NIBL,
Mega endorse final agreement for merger (kh
29/11/2022)
NRB
reduces interest rate spread cap amid protest of
traders, industrialists against high interest
rate (rep 28/11/2022)
Laxmi
Bank signs “Letter of Cooperation” with USAID
Trade and Competitiveness (kh 17/11/2022)
NBA
decides to maintain interest rates on deposits
for next month (ht 16/11/2022)
Global
IME Bank, Bank of Kathmandu sign final pact to
merge : After the merger, the new bank named as
Global IME BOK Limited will become Nepal’s
largest commercial bank (kp 15/11/2022)
Coping
With Liquidity Crunch, by Uttam Maharjan (rn
15/11/2022)
After
commercial banks, NRB now launches probe into
microfinance companies suspected of doing
financial misconducts (rep 13/11/2022)
Outstanding
amount of refinance issued by NRB stands at Rs
108.49 billion until mid-September (kh
07/11/2022)
NRB
issued treasury bills of Rs 190 billion in past
three and a half months as govt struggles to
manage financial resources (rep 02/11/2022)
Banks
have hiked their lending rates. Does that have
more cons than pros?, by Moktsya Poudyal
(rep 01/11/2022)
Amid
increasing interest rates and housing prices,
will land use policy help at all? The prices of
residential, and commercial properties may
continue to rise due to the limitations and
restrictions from the zoning or the land use
policy as it would limit the supply of such
properties, by Mandil Munankarmi (nlt
31/10/2022)
Nepal’s
BFIs have only 1.16 percent nonperforming loans,
the lowest in South Asia: World Bank (rep
31/10/2022)
DFC
approves $100 million MSMEs financing loan to
NMB Bank (kh 20/102022)
FNCCI
urges NRB to take necessary measures to address
ongoing problems in financial sector (rep
17/10/2022)
Commercial
banks fail to increase deposit collection
despite increasing interest rate (rep
15/10/2022)
Banks
to keep deposit interest rates unchanged for
Kartik (kh 14/10/2022)
High
interest rates delight depositors, but give
businesses a hard time : The borrowing rate has
reached 16 percent, making it difficult for the
productive sector to survive, Nepali traders say,
by Krishana Prasain (kp 10/10/2022)
BFIs
took short-term loans of Rs 46.55 billion from
central bank on Sunday, citing liquidity crisis
(rep 10/10/2022)
Competition,
not collusion : Now that the banks are letting
the market dictate things, they deserve a pat on
the back, by Raban Raj Pandey (kp
02/10/2022)
Finance
Ministry, Nepal Rastra Bank go separate ways as
economic crisis looms : The ministry forms panel
to suggest measures to address private sector’s
concerns over expensive loans. The central bank
is still averse to cutting interest rates,
by Prithvi Man Shrestha (kp 28/09/2022), Partners
in crime : The finance minister and the
governor should work together to rescue
the flailing economy (kp
29/09/2022), MoF
accused of meddling in NRB's affairs
(ht 30/09/2022)
BFIs
perceive State-prioritized sectors as risky
areas: NRB Governor Adhikari (kh 20/09/2022)
How
about a provincial bank? Lumbini seeks to
exercise its rights under the constitution and
open a provincial bank, by Mahendra P Joshi
(kp 18/09/2022)
Commercial
banks to raise interest rate on fixed deposits
from next week (rep 16/09/2022)
As
many as 2,289 complaints filed against loan
shark (kh 13/09/2022)
Banks
witness deposit and lending growth (ht
13/09/2022)
Money
lending and mediation: Why reforms are needed,
by Jivesh Jha (nlt 09/09/2022)
NRB
declares Super Laghubitta Bittiya Sanstha a
troubled microfinance (rep 07/09/2022)
NRB
seeks to invest Rs 2 billion in BFIs' fixed
deposits (rep 05/09/2022)
Downside
of banks’ mergers and acquisitions : The
ownership of all large banks has effectively
gone into the hands of a few rich businessmen,
by Achyut Wagle (kp 30/08/2022)
How
the pandemic helped accelerate shift to digital
payments : Electronic transactions crossed Rs6
trillion in the final month of the last fiscal
year, by Krishana Prasain (kp 28/08/2022)
IMF
dissatisfied over current audit reporting of NRB
(kh 24/08/2022)
BoK
and Himalayan Bank receive full amount of bank
guarantee from Chinese Bank (kh 23/08/2022)
NMB
Bank announces ‘women-led’ and ‘women only’
branches in all provinces (kh 23/08/2022)
NRB
itself purchases treasury bills for fourth time
to tame interest rates (kh 23/08/2022)
Monitor
Financial Sector Properly, by An Bhandari
(rn 22/08/2022)
NRB
toughens measures on foreign currency exchange
(kh 17/08/2022)
How
the state is failing the poor as they fall prey
to loan sharks : Poor access to finance lies at
the root of the problem just as shylocks enjoy
nexus with the people in power to fleece poor
communities in rural areas, experts say, by
Tika R Pradhan (kp 13/08/2022), Hundreds
of loan sharking victims nationwide come forward
with complaints : As many as 1,937 complaints,
majority from Madhesh, received in eight days.
Victims say protest will continue until
perpetrators are booked, by Nishan Khatiwada
(kp 23/08/2022)
Himalayan
Bank and American Express launch two new Cards
in Nepal (kh 11/08/2022)
Liquidity
crisis worsens, deposits decrease abnormally
(kh 11/08/2022)
Banks
face scarcity of fresh deposits again (ht
09/08/2022), Deposit
scarcity : We need sustainable macro-economic
policies that promote exports, among others, to
prevent another liquidity crisis (ht
10/08/2022)
Commercial
banks not to raise interest rate until
mid-October (rep 08/08/2022)
Net
profit of commercial banks increased by 23.14
percent to Rs 74.80 billion in the last FY
(rep 06/08/2022)
Chinese
high court rules in favour of HBL and BoK
(ht 03/08/2022)
Prabhu
Bank inks agreement to acquire Century
Commercial Bank (rep 01/08/02022)
Optimise
Loan To Increase Wealth, by Binaya Ghimire
(rn 31/07/2022)
NRB
seeks to address current economic problems thru
a tight monetary policy; measures adopted not
enough: Analysts, by Rajesh Khanal (rep
25/07/2022), New
Monetary Policy is out. Here is how it is likely
to impact you, by Rajesh Khanal (rep
26/07/2022), An
Overview On New Monetary Policy, by Uttam
Maharjan (rn 26/07/2022), Making
the monetary policy work : The private and
banking sectors must collaborate to increase
domestic production, by Nischal Dhungel (kp
28/07/2022)
Banks
may have to review interest rates monthly : With
central bank hiking the rate for funds injected
into the banks, it wants the increased cost to
pass on to borrowers, by Prithvi Man
Shrestha (kp 24/07/2022)
Bank
marketing in the new normal : Bank marketing
should target different demographics by adopting
new and better technologies, by Arjun
Bahadur Kandel (kp 24/07/2022)
Monetary
policy aims at limiting loan expansion to 12.6
percent (kh 22/07/2022)
Global
IME Bank posts net profit of over Rs 5 billion
(kh 22/07/2022)
Only
USD 200 exchange service for Nepalis traveling
abroad (rep 20/07/2022)
Commercial
banks collected additional deposits of Rs 141
billion in last month of FY 2021/22 (rep
20/07/2022)
Students
protest at Nepal Rastra Bank gate demanding
Governor Adhikari’s resignation (kh
17/07/2022), Police
use force to disperse student demonstrators
demanding resignation of central bank governor
(nlt 17/07/2022)
Central
role of the Central Bank (nt 15/07/2022)
HBL
and CBL ink agreement for acquisition (rep
13/07/2022)
Banks
deposits go up as capex accelerates (ht
13/07/2022)
100
billion deposits added to banks in three weeks
(kh 12/07/2022)
More
firms, persons blacklisted for loan defaults :
13,510 have been blacklisted so far this year.
Total hits 29,390. Pandemic and growing cases of
cheque bounce blamed, by Prithvi Man
Shrestha (kp 12/07/2022)
NRB
to issue treasury bills worth Rs 22.5 billion on
Monday (kh 10/07/2022)
NRB
Governor Adhikari hints at introducing a
contractionary monetary policy for FY 2022/23
(rep 07/07/2022)
Challenges
to the new monetary policy : The protracted
crisis of loanable liquidity in the banking
system shows no signs of abating, by Achyut
Wagle (kp 05/07/2022)
Covid-19
accelerated the move to digital financial
services : Developing and enforcing clearer
guidelines about effective disclosure and
pricing transparency could help build trust in
the financial system, by Krishana Prasain
(kp 01/07/2022)
NRB
gives Nabil Bank final approval to acquire Nepal
Bangladesh Bank (rep 30/06/2022)
Half
of commercial banks struggle to bring down the
CD ratio below mandatory 90% as fiscal year
inches closer to end (rep 28/06/2022)
Nabil
Bank ties up with Qatar Airways to provide
special privileges to Nabil cardholders (kh
20/06/2022)
Global
IME Bank and Bank of Kathmandu sign agreement to
merge : The merger will make the new bank as
Nepal’s biggest bank with a total capital of
Rs52 billion (kp 17/06/2022)
Banks
give continuity to previous month’s interest
rates for Ashad (kh 14/06/2022)
27
commercial banks earned profits of Rs 58.33
billion in first 10 months of current FY
(rep 14/06/2022)
NIBL
inks merger deal with MBNL, after failure to
merge with Himalayan Bank (rep 11/06/2022)
Confusion
engulfs budget plan to set up Rs500 billion fund
for farm financing : Central bank says it was
unaware of such plan. Bankers, who have already
lent hundreds of billions to the sector, are
concerned about who will regulate the
microfinance fund, by Prithvi Man Shrestha
(kp 10/06/2022)
NRB
directs BFIs and agencies carrying out financial
transaction to keep vigil on bank accounts of
high profile persons (rep 10/06/2022)
BFIs
reduce credit flow despite increase in deposits
(kh 08/06/2022)
Green
is the colour of money and nature : Nepal’s
public and private banks start to work together
to finance a green economy, by Angel Li (nt
03/06/2022)
NRB
gears up for monetary policy of upcoming fiscal
(kh 31/05/2022)
NRB
selling Rs 23.13 billion treasury bill (kh
29/05/2022)
NRB
to further tighten money supply as pressure
continues to exist on inflation and foreign
currency reserves : NRB unveils the third
quarterly review of monetary policy (rep
28/05/2022), NRB
hints at tighter monetary policy (ht
28/05/2022)
Nepal’s
financial sector doing well in post-pandemic
economy : Profitability of the banking sector
rose by 21.01 percent to Rs71.30 billion in the
last fiscal year ended mid-July 2021, by
Krishana Prasain (kp 22/05/2022)
Nepal
sees slight improvement in foreign exchange
reserves : The foreign exchange reserves, which
stood at USD 9.58 billion last month, improved
to USD 9.61 billion (nlt 11/05/2022)
Commercial
banks not to increase interest rates in Jestha
(kh 11/05/2022)
NRB
tightens cash withdrawal through credit cards
(rep 03/05/2022)
Decentralizing
Banking in Federal Nepal : Banks need to revise
their premium rates, mainly for the businesses
at the local level, to ensure financial
decentralization in the federal system, by
Bhuvan Dahal (rep 02/05/2022)
Over
1,000 suspicious transaction reports under
investigation: NRB (kh 01/05/2022)
Nepal
loses millions of foreign currency as pension of
British Gurkha soldiers is remitted to Indian
central bank, by Chiran Sharma (rep
30/04/2022)
Supreme
Court continues interim order against
govt’s decision to suspend NRB Governor
Adhikari (nlt 29/04/2022), Supreme
Court says government decision to probe
Governor Adhikari was arbitrary : Maha
Prasad Adhikari, who returned to office
on April 20, will continue in the job
until a final verdict, by Binod
Ghimire (kp 30/04/2022)
Fines
for traffic rule violation can now be paid using
QR code (rep 29/04/2022)
NRB
preparing to launch digital currency (rep
28/04/2022)
Nabil
Bank inaugurates 14 new branches across country
on same day (kh 28/04/2022)
Regulator
for fewer banks to improve their efficiency :
Nepal has 27 commercial banks, 17 development
banks, 17 finance companies, 66 micro finance
institutions, and one infrastructure development
bank, by Krishana Prasain (kp 27/04/2022)
Deposits
in commercial banks declined by Rs 10 billion in
one week (kh 26/04/2022)
NRB
study suggests Nepal needs only 15 commercial
banks (ht 26/04/2022)
Bad
Shape : Nepal Rastra Bank’s report shows that
remittances continue to slump, BOP deficit rises
(sp 22/04/2022)
Liquidity
crunch affects realty sector recovery (ht
22/04/2022)
Banking
systems witnessed a decrease worth Rs 10
billion, CD ratio increased (kh 19/04/2022)
NRB
to sell Rs 10.20 billion treasury today (kh
18/04/2022)
NRB
staffers protest against govt move to suspend
Governor Adhikari (rep 17/04/2022), Seeking
reinstatement, suspended NRB governor files
petition at Supreme Court (rep 17/04/2022),
Supreme
Court stays govt’s decision to suspend
NRB Governor Adhikari (nlt
19/04/2022), Suspended
Governor Adhikari resuming duties today
(kh 20/04/2022), Nepal
finance minister faces moral question after top
court rules against move to suspend central bank
governor : With an interlocutory order to the
government not to enforce its April 7 decision,
Adhikari is set to resume office, by Binod
Ghimire (kp 20/04/2022), Nepal
Rastra Bank’s autonomy restored : There is room
for the Ministry of Finance to act like a big
brother should it choose—wrongly—to do so,
by Paban Raj Pandey (kp 20/04/2022)
Central
bank independence : Inflation can be high when
there is a problem in the central bank’s
independence, by Ram Neupane (kp 14/04/2022)
Nepali
banks lose Rs 1 bln into recession-hit Sri
Lankan bonds (kh 14/04/2022)
Sustained
liquidity crunch forces banks to tighten loans
even to productive sectors : Banks had provided
Rs187 billion in loans in mid August-mid
September but lent just Rs11 billion in mid
January-mid February, by Prithvi Man
Shrestha (kp 14/04/2022)
Federal
government’s total expenditure in last 8 months
stands at Rs.675.30 billion: Report (kh
12/04/2022), Peak
of liquidity crisis: Borrowing reaches
Rs 101 bln, liabilities cross Rs 200 bln
(kh 12/04/2022), Central
bank paints grim picture of Nepal’s
economy
Inflation is rising, BoP is ballooning,
remittances are falling and imports
surging, Nepal Rastra Bank reports,
by Prithvi Man Shrestha (kp 13/04/2022)
NRB
Governor Adhikari suspended (nlt
08/04/2022), Governor
suspended when economy is in crisis and finance
minister in question : Government forms a
committee to look into Governor Adhikari’s
activities, leading to his automatic suspension,
by Anil Giri and Prithvi Man Shrestha (kp
09/04/2022), Shooting
the messenger : Action against Nepal Rastra Bank
governor is more whimsical than a studied
decision (kp 11/04/2022), Governor
faced action for not cooperating with finance
minister: PM Deuba (kh 11/04/2022) [When
COAS Katawal refused to cooperate with
the Maoist-led government in 2009 and
was therefore dismissed, the then
President Ram Baran Yadav, who was
elected as the NC candidate, immediately
reversed this decision. How times
change!], Action
against governor may put Nepal in IMF’s bad
books : One of the IMF’s conditions for
approving $396 million credit facility is that
central bank and its personnel’s autonomy should
be strengthened further, by Prithvi Man
Shrestha and Anil Giri (kp 12/04/2022), Sledgehammer
to central bank autonomy : The passage of the
Nepal Rastra Bank Act was seen as a safeguard
against political interference, by Achyut
Wagle (kp 12/04/2022)
Banks
to ‘discourage’ traders from opening Letters of
Credit for luxury goods : Ballooning imports
have led to foreign currency going out, pushing
balance of payments into the red, officials say,
by Krishana Prasain (kp 08/04/2022)
NRB
officials demanded USD 30,000 from Shah to
release money he received from US in his
account: FinMin Sharma (rep 08/04/2022)
NRB
releasing treasury of Rs 32.10 billion (kh
04/04/2022)
Sanima
Bank signs discount deals with Radisson Hotel,
The Everest Hotel, Hotel Akama and Aloft
Kathmandu Thamel (29/03/2022)
Sanima
Bank organizes Financial Literacy program (kh
29/03/2022)
Weak
Financial Access In Karnali: NRB (rn
27/03/2022)
Nepal
Rastra Bank’s misguided focus : There is a need
to balance the environment and development, but
it's not the central bank's job, by Paban
Raj Pandey (kp 23/03/2022)
Infomerics
Credit Rating Nepal receives operating license
as country’s third credit rating agency (rep
22/03/2022)
Liquidity
problem created due to tendency of people to
hide money: Finance Minister (rep
20/03/2022)
CBFIN,
ADB to join hands for self-reliant economy
(ht 19/03/2022)
Discussions
Underway To Control Bank Interest Rates: FM
Sharma (rn 19/03/2022)
Nepal
bars representative offices of foreign banks
from engaging in banking activities in Nepal :
Such offices should confine themselves to
liaison and research activities, according to a
new rule brought by the Nepal Rastra Bank,
by Prithvi Man Shrestha (kp 17/03/2022)
NRB
takes action against dozen banks; CEOs warned
(kh 16/03/2022)
8
billion rupees added to the banking system in a
day (kh 14/03/2022)
Nepal
gets some respite as pace of BOP negative sees a
decline (rep 13/03/2022)
Bankers’
Association decides not to reduce interest rates
even in April (kh 13/03/2022)
Inter-bank
turnover of Rs 2130 billion in seven months of
FY 2021/22 (kh 12/03/2022)
Gross
Foreign Exchange reserve decreases by 16.2
percent (kh 11/03/2022), Growing
demand of foreign currency creating stress on
national economy: PM Deuba (rep 11/03/2022)
Banks
to remain closed today (kh 08/03/2022) [Because of International
Women's Day? Why? As long as the machos at the
top of the extremely patriarchal state do not
give women absolutely equal rights and
participation, nothing will change. And this is
definitely not what all the almost exclusively
male top politicians want. Their brains are not
capable of such insight.]
Nepal
Bank announces vacancies for 303 officials
(kh 04/03/2022)
NRB
principally agrees on Nabil Bank’s acquisition
of Nepal Bangladesh Bank (rep 03/03/2022)
Ceiling
of internal remittances decreased (rep
03/03/2022)
Interest
rate hike fails to attract deposits, by
Kiran Lama (ht 02/03/2022)
As
banks fail to meet credit thresholds for
priority sectors, central bank extends
compliance deadline : Out of 27 commercial
banks, 17 failed to meet the credit threshold
for enterprises, by Prithvi Man Shrestha (kp
26/02/2022)
Decrypting
Nepal’s ban on crypto : Is the central bank
preventing fraud or domesticating digital
technologies to allow political-criminal nexus
to continue?, by Sakar Pudasaini (nt
25/02/2022)
Interest
rate may rise up to 15%, sys Bajracharya (kh
24/02/2022)
At
least 15 pc of BFIs’ lending has to be in
agriculture in next three years: NRB (rep
23/02/2022)
Nepal
Rastra Bank issuing treasury bill of Rs. 8.23
billion Monday (kh 21/02/2022)
Nepal
gives Indian travellers digital payment access :
The move would be of huge relief to the Indian
people travelling north as there are
restrictions on the use of high denomination IC
notes in Nepal, by Krishana Prasain (kp
19/02/2022)
BitGorkha:
A Decentralized Cryptocountry, by Bimal
Pratap Shah (rep 16/02/2022)
Banks
told to examine climate risks to projects before
approving loans : New central bank guidelines
require banks to see if a project site falls in
an area prone to natural disasters as they can
have long-term negative impacts on project
operations, by Prithvi Man Shrestha (kp
15/02/2022)
A
digital leap: Nepalis can borrow up to Rs500,000
online : Central bank’s new policy will
facilitate small lending for micro, cottage and
small-scale businesses, personal loans and
education loans, as per officials, by
Krishana Prasain (kp 14/02/2022)
You’ve
Got Welfare!, by Shuvangi Khadka (rep
14/2/2022)
Number
of women borrowers soars after pandemic : A
record 80,061 women entrepreneurs borrowed
Rs73.85 billion in concessional loans from banks
in the first six months of the fiscal year, data
shows, by Krishana Prasain (kp 12/02/2022)
Central
bank introduces digital loan system (kh
12/02/2022)
Despite
banker’s disagreement, Bankers’ Union raises
interest rates on deposits (kh 12/02/2022),
Banks
decide to increase interest rate on deposits by
one point percent citing tight liquidity
(rep 13/02/2022)
Inflation
Up, Foreign Reserves Down (rn 10/02/2022)
Central
bank sees capital flight risk in illegal
investments in cryptocurrencies : Official says
growing trend among Nepalis of investing in
cryptocurrencies is also one of the reasons for
the fall in remittance income, by Prithvi
Man Shrestha (kp 09/02/2022)
Central
bank enforces interoperability to promote
digital payments : Interoperability allows users
of one digital payment platform to make payments
to the users of other such platforms in a
convenient, affordable, fast, seamless and
secure way (kp 09/02/2022)
Continued
uncertainty: NRB data reveals economy’s bleak
prospects, vy Abiral Gautam (nlt 09/02/2022)
Costly
loans forcing women to flee home : Microfinance
companies in Gulmi charge up to 20 percent
interest and take up to five percent service
charge, by Gaganshila Khadka (kp 08/02/2022)
Banks
must also assume their responsibility to solve
persisting problem of liquidity shortage: CBFIN
report (rep 08/02/2022)
Increased
lending to unproductive sector blamed for
liquidity crunch : Also responsible is 2015
decision to increase paid-up capital of banks
and financial institutions, new study says,
by Prithvi Man Shrestha (kp 07/02/2022)
NRB
urges vigilance in electronic transaction
(kh 05/02/2022)
NRB
asks banks to provide details of each
transaction over Rs 700,000 to track revenue
leakage through digital means (rep
03/02/2022)
Regulatory
crisis in Nepali banking : An IMF report has
pointed to the ineffective regulatory and
supervisory role of Nepal's central bank, by
Achyut Wagle (kp 01/02/2022)
Recurring
liquidity crisis and measures in place for
easing, by Sanjeev Nepal (kh 31/01/2022)
NRB
fixes ceiling of four percent premium on
interest rate of hire purchase loan (rep
31/1/2022)
Move
to raise internal loans may aggravate liquidity
crunch : Government has sought to raise internal
debts by Rs20 billion in less than a week,
by Prithvi Man Shrestha (kp 30/01/2022), IMF
not happy with NRB’s role to effectively track
Nepal’s banking sector (rep 30/01/2022)
Nepal
Bankers’ Association declares crypto, virtual
currency, network marketing illegal (nlt
26/01/2022)
Liquidity
Shortage Lasts Longer Due To Domestic, External
Sector Pressure (rn 25/01/2022)
NRB
approves Rs 13.5 billion for refinancing in six
months : Rastriya Banijya Bank becomes the
largest refinancing institution in first six
months of FY 2021/22, by Raghab Sharma (kh
24/01/2022)
NRB
cautions public against possible cheating by
hyper funds and network marketing (rep
24/01/2022)
Interest
On Deposit Up By 1.48, On Lending By 0.81
Percentage Point, by Ajay Chhetri (rn
24/01/2022)
NRB
cash margin policy results in declining imports
of goods (kh 23/01/2022)
NRB
makes it mandatory for BFIs to invest in
financial literacy programs (rep 18/01/2022)
Himalayan
Bank, Nepal Investment Bank merger aborted : The
two big commercial banks had signed an
understanding in May last year for the merger,
by Prithvi Man Shrestha (kp 15/01/2022), NIBL
and HBL merger falls uncertain after majority of
HBL’s shareholders vote against merger (rep
15/01/2022), NRB
mulls over taking action against HBL and NIBL
for breaching merger norm (rep 16/01/2022)
Nabil
Bank and Nepal Bangladesh to undergo merger
(kh 14/01/2022), Nabil
Bank inks deal to acquire Nepal Bangladesh Bank
despite court’s stay order (rep 14/01/2022)
Why
have Nepali banks increased interest rates on
deposits?, by Sanjeet M: Rajbhandari (rec
13/011/2022)
FinMin
Sharma urges Nepali migrants to open USD
accounts (kh 11/01/2022)
Increasing
deposits collection provides banks with cushion
amid ongoing liquidity crisis (rep
11/01/2022)
Banks
only looking at securing more profits, ignoring
their responsibilities in times of crisis:
FinMin Sharma (rep 11/01/2022)
Agreement
reached between Kamana Bank and Namaste Pay for
online payments (rep 10/01/2022)
Taking
economic growth rate to 7 percent is
challenging: Governor Adhikari (kh
09/01/2022)
Further
curbs on foreign currencies for imports : The
central bank has also decided not to provide
foreign exchange more than twice a year to
people travelling to foreign countries, by
Prithvi Man Shrestha (kp 08/01/2022)
Digital
Banking : A Path To Revitalize Digital Economy,
by Sachit Nath Pant (kh 07/01/2022)
Mega
Bank Nepal joins hands with MOCO digital wallet
(kh 06/01/2022)
CD
ratio shows positive sign, Deposits see an
increase (kh 04/01/2022)
NRB
directs MFIs to submit merger action plan
(kh 04/01/2022)
NRB
disallows local level’s reserve fund for trade
and investment on import (kh 03/01/2022), Central
bank allows banks to use local unit funds for
productive sector lending : The latest move is
expected to ease the liquidity crunch in the
banking system, by Prithvi Man Shrestha (kp
04/01/2022)
Resistance
to digitisation : The absence of a secure
ecosystem for digital products and services
keeps a chunk of the population at bay, by
Roshee Lamichhane (kp 03/01/2022)
NCBL
mulls to raise capital base to Rs 8 billion,
like commercial banks (rep 02/01/2022)
NRB
makes it mandatory to open LC account to import
goods worth over IRs 30 million from India
(rep 01/01/2022)
After
HBL, NIBL calls AGM to endorse merger of two
banks (rep 30/12/2021)
Public
debt slightly down in Q1 as govt delays raising
internal loans The government made principal
repayment of Rs29 billion to internal creditors
and Rs5.17 billion to external creditors in the
first quarter, by Prithvi Man Shrestha (kp
28/12/2021)
Tackling
Liquidity Crunch, by Uttam Maharjan (rn
28/12/2021)
NRB
mulls to tighten on working capital loans to be
issued for firms (rep 28/12/2021)
Liquidity
crunch likely to continue for a few months : The
government will raise over Rs80 billion in
income tax in mid-January, draining liquidity
from the banking system, by Prithvi Man
Shrestha (kp 27/12/2021), Consumer
activists and importers moan about bid to cut
imports : The central bank has made it mandatory
for importers to keep 100 percent margin amount
to open a letter of credit to import certain
goods, by Krishana Prasain (kp 27/12/2021)
Tightening
luxury imports and liquidity : Embrace
“innovative methods” to steer country’s economy
forward (kh 26/12/2021)
Commercial
Banks providing dividends up to 38 percent to
shareholders from profits of last FY (rep
25/12/2021)
Construction
industry in crisis due to liquidity crunch in
banks: Singh (rep 24/12/2021)
Central
bank says more deposits, less in loan sign of
improving liquidity : Despite getting
indications of looming foreign exchange
depletion as early as April, the central bank
waited for the situation to self-improve, by
Prithvi Man Shrestha (kp 23/12/2021), ‘NRB
unveils positive report of country’s economy
following FinMin’s pressure’ (kh
23/12/2021), Measures
aimed at easing liquidity crunch, reducing trade
deficit: NRB (ht 23/12/2021)
NPS
joins hands with Lumbini Bikas Bank Limited
(kh 21/12/2021)
NRB
tightens loop on import of luxurious goods
(kh 21/12/2021), NRB
Tightens Import Of Luxurious Items (rn
22/12/2021)
Consumption,
Imports Lending Exert Pressure On Liquidity
Management, by Ajay Chhetri (rn 20/12/2021)
CDC
Group backs Global IME Bank with $25 million
loan to boost Nepal’s priority sectors : The CDC
said that the loan will amplify the bank’s plans
to broaden its offer to key sectors, including
renewable energy and tourism sectors, classified
by the government of Nepal as priority sectors
for the country (kp 16/12/2021)
Amid
liquidity crunch, government delays raising
internal loans : Experts say there is a need to
expedite spending so as to give a stimulus to
the economy and focus on utilising resources
collected from internal debt, by Prithvi Man
Shrestha (kp 13/12/2021)
NRB
allows Korea-bound workers to carry an
additional US $ 1,500 (rep 10/12/2021)
Nabil
DigiBank Portal launched (ht 10/12/2021)
Stakeholders
suggest long-term solution for Nepal’s liquidity
crisis (kh 07/12/2021)
Digital
divide : Digital transactions are here to stay
whether we like it or not (kp 06/12/2021)
HBL
and NIBL seek additional time for their merger
(rep 05/12/2021)
Banks
want to count 75 percent of federal grant to
local units as deposit to maintain regulatory
threshold : Banks are allowed to count up to 50
percent of such grant as deposit, by Prithvi
Man Shrestha (kp 30/11/2021)
NRB
tightens imports, keeping cash reserves
mandatory when opening LC (kp 26/11/2021), NRB
seeks to discourage imports (ht 27/11/2021)
Few
takers for loan scheme aimed at saving
pandemic-hit businesses : Central bank says it
has asked the government to relax tough
conditions to boost lending, by Prithvi Man
Shrestha (kp 25/11/2021)
NRB
issuing repo worth Rs 20 billion (rep
25/11/2021
Nepal
Army in peace mission to get direct dollar
exchange facility (kh 23/11/2021)
Banks’
deposits collection plunged further last month
amid surging loan issuance (rep 21/11/2021)
National
payment switch goes into service : The payment
gateway brings together banks and digital
payment vendors allowing them to transfer money
(kp 20/11/2021)
NRB
issues new directive on interest rate (ht
15/11/2021)
National
payment switch expected to launch soon : The
payment gateway will integrate multiple banks
and digital payment vendors into one system
enabling them to transfer funds, by Krishana
Prasain (kp 14/11/2021)
Tackling
Liquidity Crisis, by Prakash Kumar Shrestha
(rn 11/11/2021)
Governor
Tells Banks Not To Look For Immediate Profits
(rn 10/11/2021)
NRB
selling treasury bills worth Rs 6.10 billion
(rep 08/11/2021)
Commercial
banks hike base interest rates citing liquidity
crunch (rep 03/11/2021)
Coping
With Liquidity Crisis, by Uttam Maharjan (rn
02/11/2021)
Central
bank seeks applications from Covid-19
affected businesses for refinancing scheme :
Borrowers can apply at A, B, and C class
financial institutions by December 5 to
participate in the programme, by Prithvi Man
Shrestha (kp 01/11/2021)
Central
bank for curbing luxury imports amid falling
foreign exchange reserves : Existing foreign
exchange reserves are enough to finance
just 7.8 months of imports, close to the minimum
threshold of seven months set by the central
bank, by Prithvi Man Shrestha (kp
31/10/2021)
Liquidity
crunch in banks still persistent (kh
28/10/2021), Government
delays raising internal loans amid liquidity
crunch in the banking system : Internal debt to
be raised in small amounts initially until
liquidity situation improves along with
increased government spending, officials say,
by Prithvi Man Shrestha (kp 31/10/2021)
Runaway
interest rates could hinder post-pandemic
recovery : Amid loanable funds shortage, banks
are hiking interest on deposits, which could
make borrowing expensive, by Prithvi Man
Shrestha (kp 27/10/2021)
NRB
fixes interest ceiling for deposits at 10%
(kh 21/10/2021)
NRB
auctioning off treasury bills (kh
18/10/2021)
NRB
bars BFIs from auctioning collateral of
borrowers not paying loans for up to six months
(rep 12/10/1021)
NRB
to issue repo worth Rs 20 billion (rep
06/10/2021)
NRB
seeks to implement digital currency system to
minimize use of hard cash (rep 01/10/2021)
Lending
to wholesalers and retailers swells (rep
28/09/2021)
Concessional
loan made easy for charging station development
(kh 24/09/2021)
Commercial
banks’ deposits up Rs 26 billion in a week
(rep 22/09/2021)
NRB
injects additional Rs 20 billion in country’s
financial market to ease liquidity crunch
(rep 17/09/2021)
Two
held with over Rs 3.8 mln for ‘hundi
transaction’ (kh 16/09/2021)
Namaste
Pay comes into operation (kh 15/09/2021)
NRB
issues caution notice against dealers of
cryptocurrencies (rep 09/09/2021)
Investors
seek removal of upper limit on margin loans :
The central bank says it had to intervene as the
stock market was growing despite the massive
impact of Covid-19, by Prithvi Man Shrestha
(kp 08/09/2021)
NRB
decides to provide conditional loan against
shares (kh 07/09/2021)
NMB
bags “Green Deal of the Year” award 2021 (kh
05/09/2021)
Covid-19
pandemic affects work of Debt Recovery Tribunal
: Just Rs4 billion recovered in the last two
fiscal years while Rs5.7 billion was recovered
in the fiscal year 2018-19, by Prithvi Man
Shrestha (kp 02/09/2021)
NRB
forming an oversight unit to monitor digital
transaction platforms : The central bank
enforces Payment Systems Inspection and
Supervision Bylaw 2021 (rep 01/09/2021), Central
bank rolls out Payment System Inspection and
Supervision Bylaw : The regulation formalises
inspection and supervision of payment system
operators and payment service providers, by
Krtishana Prasain (kp 03/09/2021)
Government
saw a drop in dividend income from public
enterprises last fiscal year : The Covid-19
pandemic and deferral of loan repayments
affected profitability of banks, officials say,
by Prithvi Man Shrestha (kp 31/08/2021)
NRB
flexible about fixing CD Ratio so as to increase
lending capacity of BFIs (rep 26/08/2021)
Banks
yet to extend access in three local levels
(rep 23/08/2021)
Cashless
Nepal : Sour grapes or sweet lemons?, by
Anjila Shrestha (rep 21/08/2021)
Two-thirds
of Nepalis have a bank account : Male account
holders outnumber females by almost two to one,
according to Nepal Rastra Bank, by Krishana
Prasain (kp 21/08/2021)
There
are only nine banking outlets serving every
100,000 people in Province 2: NRB (rep
21/08/2021)
CEO’s
conference of MFIs held (kh 21/08/2021)
Drive
For Digitalization : NRB Unveiled Monetary
Policy For Fiscal Year 2021/22 calling to
digitalize the banking transactions (sp
20/08/2021)
National
payment switch slated for mid-October launch :
The move will mark a step towards a cashless
society, Nepal Rastra Bank says. The government
also plans to introduce its own payment gateway,
by Krishana Prasain (kp 20/08/2021)
Digital
Banking In The Spotlight, by Rudra Prasad
Adhikari (rn 17/08/2021)
Why
we need an independent central bank : Ideally,
politics and central banking should be like oil
and water, by Paban Raj Pandey (kp
16/08/2021)
Bringing
financial services to remotest geographical
pockets (kh 14/08/2021)
Finmin
Sharma urges BFIs to lower interest rates on
low-income-group loans (rep 03/08/2021)
The
missing debt money : A thorough study of the
debt resources received and their (mis)use needs
to be done, by Tula Raj Basyal (kp
25/07/2021)
Digital
payments drop as lockdown restrictions eased :
Fewer people made payments electronically during
the mid-May to mid-June period as they could go
out and pay cash, insiders say, by Krishana
Prasain (kp 25/07/2021)
Government
change won’t affect monetary policy,
interview with Bhuvan Dahal (ae 22/07/2021)
Rs
293.97 billion deficit in current account
(kh 15/07/2021), Nepal
registers BoP deficit of Rs 15.15bn (ht
16/07/2021)
Central
bank governor hints at a relatively less
facilitative monetary policy for businesses : As
vaccinations ramp up in the first half of fiscal
year 2021-22, it will pave the way for normal
economic activities in the second half, he says.,
by Prithvi Man Shrtestha (kp 11/07/2021)
Will
banks now stop inflating Nepali stock market?,
by Rudra Pangeni (ae 10/06/2021)
Banks
girding for merger mania : Companies should be
the ones to decide if and when to merge, not
government edicts, by Paban Raj Pandey (kp
03/06/2021)
Sanima
Bank adds new feature Sanima Xpress (Remittance)
in mobile application (kh 01/06/2021)
Only
three branches of Class ‘A’ banks allowed to
open in Kathmandu from today (rep
25/05/2021)
Bankers’
association says there is no restriction on
withdrawing cash : Customers have complained
that banks are not allowing withdrawals after
Nepal Bankers Association’s new rule not
to accept cash deposits of less than Rs50,000,
by Krishana Prasain (kp 24/05/2021)
Banks
stop importing gold as markets close due to
Covid-19 restrictions : Nepal imported the
yellow metal valued at Rs13.63 billion in the
last fiscal year 2019-20, by Krishana
Prasain (kp 19/05/2021)
Some
respite for borrowers (ht 19/05/2021)
Nepal
Investment and Himalayan to merge, creating
Nepal’s largest bank (kp 14/05/2021)
Banks
to remain open in the valley during prohibitory
period (rep 29/04/2021)
NRB
launches complaint portal (ht 23/04/2021)
Interest-free
loan scheme stalls for lack of preparations :
The project aims to help marginalised people,
women, disabled persons and workers who return
from foreign jobs become self-employed, by
Amrita Anmol (kp 08/04/2021)
Commercial
Banks' Profit Soars Above Rs 42 Billion (rn
05/04/2021)
BFIs
blacklist around 4,000 loan defaulters in eight
months of current fiscal year (rep
04/04/2021)
Authorities
told to give allowance through bank (ht
31/03/2021)
Pitfalls
of overregulation in banking : A regulatory
regime is essential only if the system moves
beyond the obsession of collateralised lending,
by Achyut Wagle (kp 30/03/2021)
NRB
Says Transactions Through Digital Payments Shot
Up (sp 19/03/2021)
Every
household in this remote Bajura village
has a bank account : Khaptad Chhededaha Rural
Municipality is the first in the country to earn
the distinction ; It has allowed villagers
to avoid local lenders who charge very high
interest rates, by Basanta Pratap Singh (kp
16/03/2021)
Nepal
Rastra Bank cautions BFIs not to breach spread
rate rule (rep 02/03/2021)
National
Payment Gateway delayed by over a year; some see
collusion : Stakeholders suspect of authority
coming under influence of private digital
payment companies (rep 26/02/2021)
Four
commercial banks found breaching govt rule
(rep 23/02/2021)
Banking
in Nepal: Greater use of AI, by Anil Niroula
(ht 19/02/2021)
Nepal
Rastra Bank asks banks not to blacklist firms
failing to clear their loan dues due to COVID-19
(rep 16/02/2021)
NRB
allows rescheduling of loan payment period
(ht 15/02/2021)
Banks’
excess liquidity drops, thanks to increased
credit and govt-collected public debt (rep
12/02/2021)
Bankers
exert pressure on NRB not to intervene in
service fees they charge to their clients
(rep 11/02/2021)
Nabil
inaugurates QR payment service in Kuleshwor
market (ht 31/01/2021)
Nepal
Infrastructure Bank distributes IPO; 6,276
applications cancelled (rep 29/01/2021)
Central
bank removes restrictions on larger
enterprises to avail of refinance facility :
After not getting enough applications from
smaller businesses for the subsidised loan
facility, it invites more larger enterprises to
ask for the loans, by Prithvi Man Shrestha
(kp 18/01/2021)
NT
to roll out payment gateway (ht 14/01/2021)
NRB
starts enquiry against banks accused of giving
borrowers undue pressure (rep 10/01/2021)
Bank
promoters complain to finance minister about
functioning of NRB (rep 05/01/2021)
Few
takers show up for loans under Business
Continuity Credit Plan : The scheme allows firms
left cashless by Covid-19 to borrow funds to pay
their employees, by Prithvi ManShrestha (kp
02/01/2010)
Fintech
innovation: Through modern technology, by
Pramod Parajuli (ht 28/12/2020)
Banks
won’t be allowed to keep a difference of more
than 5% on deposit rates (rep 05/12/20209
Central
bank approves refinance of Rs64 billion for
Covid-19 hit enterprises : With the massive
demand for the low interest loan through
commercial banks and other financial
institutions, Nepal Rastra Bank plans to make
Rs200 billion available for this facility,
by Prithvi Man Shrestha (kp 01/12/2020)
Bank
lending ticks up Rs 16 billion in a week as
businesses reopen : Loan disbursement growth
still tepid, say bankers (rep 01/12/2020)
Rs
170 billion excess liquidity in banking sector
(ht 24/11/2020), Surplus
liquidity : In the midst of this gloomy
scenario, everyone is pinning their hopes on an
effective vaccine that can bring the pandemic
under control (ht 25/11/2020)
Banks
to close branches for three days during Tihar
holiday amid spike in coronavirus cases :
Bankers’ association urges public to embrace
digital banking services (rep 10/11/2020)
Central
bank delays making mechanism for social media
advertisement payments : Advertising agencies
say the central bank should regulate the payment
system, by Prithvi Man Shr5estha (kp
09/11/2020)
Overdue
loans from micro-finances jump nearly eight-fold
during lockdown, study says : Micro-finance
institutions’ outstanding loans jumped from
Rs6.85 billion to Rs45 billion between mid-March
and mid-July, according to an NRB survey, by
Prithvi Man Shrestha (kp 08/11/2020)
Himalayan
Bank and Bank of Kathmandu win bank guarantee
case in China, by Prithvi Man Shrestha (kp
07/11/2020)
Banks
To Remain Closure During Dashain Leaves (rn
20/10/2020)
Borrowers
deserve a choice : Banks must not resist the
central bank’s call to set fixed rates for term
loans, by Paban Raj Pandey (kp 12/10/2020)
Massive
demand for central bank’s refinance facility
from pandemic-hit sectors : Tourism
entrepreneurs have been at the forefront in
applying for the Rs200 billion facility, by
Prithvi Man Shrestha (kp 12/10/2020)
Banking
sector deposits Rs 280 million in Covid-19 fund
after central bank directive, by Prithvi Man
Shrestha (kp 05/10/2020)
On
average, 75 staffers of each commercial bank
test positive for coronavirus (rep
04/10/2020)
Let
money flow, by Bhoj Raj Poudel (ae
02/10/2020)
The
FinCEN Files: Nepali banks and companies
transact billions of rupees through dubious
channels (kh 21/09/2020), Dirty
Money Flow And Fragile Democracy, by Namrata
Sharma (rn 23/09/2020)
Digital
banking: A reality check : A smartphone
revolution in finance offers one of the best
ways to boost the economy and spread the
benefits, by Vivek S. Rana (kp 21/09/2020)
With
festival season close, bank loans for imports
halve, bankers’ data shows : Low spending
outlook around Dashain clearly suggests that
Nepal’s economy, 82 percent of which is driven
by consumption, will continue to slide,
economists say, by Prithvi Man Shrestha and
Sangam Prasain (kp 19/09/2020)
Digital
payment companies cash in with cashless
transactions during pandemic : Restrictions came
as a boon not only for people but also
operators, who witnessed a huge uptick in active
users, by Tsering Ngodup Lama (kp
18/09/2020)
Central
bank to provide Rs 112b refinance facility to
sectors hit hard by Covid-19 : Commercial banks
across the country have started to take in
applications from borrowers to avail of the
subsidised loans, by Prithvi Man Shrestha
(kp 30/08/2020)
COVID
hits profit of commercial banks (ht
24/08/2020)
Central
bank considers licensing companies to make
payments for social media ads : Advertising
agencies say some of their clients have cut back
on social media advertising expenses after
the central bank’s notice in February, by
Prithvi Man Shrestha (kp 22/08/2020)
Challenges
Of Resource Mobilisation For MFIs, by Gokul
Chandra Adhikari (rn 21/08/2020)
Forced
Merger Of Banks, by Uttam Maharjan (rn
11/08/2020)
Central
bank directs BFIs to operate with limited
employees (ht 10/08/2020)
BFIs
opened 1,030 new branches in last fiscal year,
thanks to banking sector’s aggressive expansion
drive (rep 09/08/2020)
New
Provisions For MFIs, by Uttam Maharjan (rn
04/08/2020)
NRB
indirectly pressuring BFIs for merger (ht
03/08/2020)
Nepal
Rastra Bank pins relief to COVID impact: Slots
several sectors into categories most-, moderate-
and least-hit by coronavirus crisis (ht
28/07/2020)
Micro
Finance And New Monetary Policy, by Gokul
Chandra Adhikari (rn 26/07/2020), Decoding
monetary policy: Monetary policy unveiled by
Nepal Rastra Bank this year has been lauded from
all sides. But what are the good things about
it? What are the challenges?, by Nara
Bahadur Thapa (rep 26/07/2020)
Nepal
Rastra Bank lowers refinancing loan limit to Rs
50 million (ht 23/07/2020)
Monetary
policy: Will the measures counter the shocks?:
Half-baked and misguided lending directives
might further exacerbate asset-liability
mismatches, by Chandan Sapkota (kp
21/07/2020)
Bankers
term the monetary policy accommodative as it
relaxes rules on loan provisioning: They,
however, say meeting the increased lending
thresholds for agriculture, hydro and small and
medium enterprises could be challenging, by
Prithvi Man Shrestha (kp 20/07/2020)
Monetary
policy attempts to address economic effects of
the Covid-19 pandemic: As per the policy,
commercial banks need to lend at least 15
percent to the agriculture sector by mid-July
2023; 15 percent to micro, small and medium
enterprises; and 10 percent to the hydropower
sector of their total loans by mid-July 2024,
by Prithvi Man Shrestha and Sangam Prasain (kp
18/07/2020), Nepal
Inc upbeat as NRB unveils borrower-friendly
Monetary Policy: The central bank has extended
principal, interest payment period for
businesses by up to two years (ht
18/07/2020)
Troubled
Banking Sector Needs Rescue, by Gokul
Chandra Adhikari (rn 17/07/2020)
Panel
suggests austerity measures for banks and
financial institutions (ht 16/07/2020)
Inter-bank
transaction fees from today (ht 16/07/2020)
Security
Concerns In Digital Transaction, by Rudra
Prasad Adhikari (rn 14/07/2020)
Nepal
Rastra Bank plans to refinance all 753 local
bodies (ht 14/07/2020)
Banks
pressuring borrowers to clear dues (ht
13/07/2020)
Over
300 loan defaulters added to blacklist as fiscal
year nears end (rep 12/07/2020)
Private
sector demands extension of loan payment
deadline beyond current fiscal year end:
Business owners say their businesses have not
fully recovered despite the lockdown relaxation
(kp 11/07/2020)
Banks
deducting money from borrowers’ accounts (ht
10/07/2020)
New
law to facilitate opening of more credit
information agencies: Central bank to continue
to regulate the credit information business even
under the new arrangement, by Prithvi Man
Shrestha (kp 09/07/2020), Coronavirus
pandemic affects Nepal’s sovereign credit rating
process (ht 09/07/2020)
Leveraging
opportunity: Effective loan structuring is an
important aspect of prudent lending practices,
by Rabin Pudasaini (kp 06/07/2020)
Central
bank mulls bringing down loan interest to single
digit (ht 02/07/2020)
A
dilemma for banking customers: In view of the
high volatility, banks should be allowed to fix
the interest rate on shorter term loans, by
Ashutosh Sharma (kp 01/07/2020)
Investable
resources get frozen in banks amid low credit
demand (ht 01/07/2020)
Nepal
Inc seeks interest rate reduction on loans
(ht 22/06/2020)
Rs
4.24tn financial transactions carried out during
lockdown (ht 17/06/2020)
NIBL
wins legal battle against Italian firm: To get
Rs 2 bn within a week in case involving bank
guarantee (ht 10/06/2020)
Embracing
Digital Finance System Need Of Hour, by
Amish Dhungel (rn 02/06/2020)
Digital
payment system likely to launch in first quarter
of next fiscal: The plan was delayed by a year
in order to include the whole payments
ecosystem, officials said, by Krishana
Prasain (kp 01/06/2020)
International
Finance Corporation to wait for right market
condition to issue Nepali currency bonds in
offshore markets: Last year, the government had
approved the corporation’s proposal of issuing
bonds worth $20 million, by Prithvi Man
Shrestha (kp 27/05/2020)
NRB
directs BFIs to categorise banknotes based on
quality (ht 26/05/2020)
Digital
Payment System In Pandemic Situation, by
Rudra Prasad Adhikari (rn 22/05/2020)
Banks
digitise remittance processing after lockdown:
This comes as the central bank tries to promote
electronic transactions across the country,
by Prithvi Man Shrestha (kp 16/05/2020)
Out
of cash, Nepali travellers seek help from banks:
According to the Foreign Employment Board, at
least 127,000 Nepali migrant workers are
expected to return home from the Gulf and
Malaysia after international travel restrictions
are lifted, by Prithvi Man Shrestha (kp
14/05/2020))
Bankers,
industrialists form panel to study interest rate
issues (ht 13/05/2020)
Banks
to reopen from Sunday with limited staff and
reduced hours: Government offices will also
resume service with a bare minimum number of
employees, by Prithvi Man Shrestha (kp
09/05/2020)
Pvt
sector urges banks to lower lending rate on
refinancing loans (ht 05/05/2020)
NRB
directs BFIs to provide 2% discount on interest
(rep 29/04/2020)
Covid-19:
Impact on the banking sector: Blanket policies
announced by the government, intended as relief
measures, may do more harm than good, by
Nirmala Paudel (kp 27/04/2020)
NRB
to grant concession in fourth quarter interest
(kh 27/04/2020)
Nepal
Bank Limited (NBL) gets ‘A-Class’ rating (kh
25/04/2020)
Bankers
against promoters’ decision to cut credit rate
(ht 24/04/2020)
Bank
promoters cut credit interest rate (ht
22/04/2020)
Banks
to cut lending rates only next month (ht
18/04/2020)
NRB
mulls over extending moratorium on loan recovery
(ht 15/04/2020)
FNCCI
urges NRB to bring down interest rate on loans
by three percentage points (ht 13/04/2020)
Maha
Prasad Adhikari appointed governor of Nepal
Rastra Bank: Adhikari, serving as the chief
executive officer of Nepal Investment Board, is
the first chartered accountant to become
governor (kp 07/04/2020)
Concerns
over safety of public money, data after F1Soft's
intrusion in news website (rep 03/04/2020)
Virus
fears drive Kathmandu residents towards cashless
payment methods: Around 1 million Nepalis are
using digital wallet services, according to
service providers, by Krishana Prasain (kp
31/03/2020)
NRB
cuts policy rates, defers all loan repayments
until mid July (rep 30/03/2020)
BFIs
told to halt loan recovery till mid-April
(ht 26/03/2020), NRB
directs BFIs to ensure basic banking services
(ht 26/03/2020)
Banks
to remain open during isolation period (rep
23/03/2020)
Appointment
of new governor uncertain as Nepal retires today
(ht 18/03/2020)
Borrowers
say Nabil deducting balance from accounts,
flouting NRB rules: Central bank officials to
investigate if there is formal complaint
(rep 12/03/2020)
NRB
allows banks to accept gold as deposits (rep
06/03/2020)
Hands
off Nepal Rastra Bank autonomy: A central bank
that cannot say no to election-driven
politicians is at risk of losing its credibility,
by Paban Raj Pandey (kp 04/03/2020)
Nepal
Rastra Bank turns flexible on home loans for
first-time home buyers (rep 04/03/2020(
NRB
vows refinancing pill for COVID-19 ills (ht
03/03/2020)
Lawmakers
demand government maintain autonomy of Nepal
Rastra Bank (rep 02/03/2020)
Nepal
Rastra Bank unit issues a set of guidelines on
suspicious transactions, defining what
constitutes a suspicious transaction: The
directives come at a time when Nepal is
preparing for mutual evaluation this year with
Asia Pacific Group on Money Laundering of its
compliance with the global standards on
anti-money laundering and terrorist financing,
by Prithvi Man Shrestha (kp 01/03/2020)
Unveiling
the business of guaranteeing: The many cases of
claims and disputes are a reminder that we are
quick in forgetting the lessons history has
taught us, by Michael Siddhi (kp 23/02/2020)
Ad
agencies want cards worth upto $5,000 to pay for
social media posts: Nepal’s commercial banks are
currently allowed to provide foreign currency
exchange of upto $3,000 to ‘service importers’,
by Prithvi Man Shrestha (kp 20/02/2020)
Bank
as broker: The good, the bad and the ugly,
by Jagadish Prasad Bist and Sazid Bista (ht
07/02/2020)
Leave
the central bank alone: Nepal Rastra Bank should
guard its independence by enhancing governance,
transparency and accountability, by Rabindra
Maharjan (kp 05/02/2020), Thumbs-up
to NRB: NRB’s move should bring good revenue for
the government as the social media generate
large amounts of advertisements (ht
06/02/2020)
Social
media ad payments must be thru banking channel:
NRB (ht 01/02/2020), Advertisers
seek clarity from the central bank on their mode
of payment for social media adverts: Last week,
Nepal Rastra Bank issued a circular saying any
payment made outside the banking channels for
social media advertisements is considered
illegal, by Prithvi Man Shrestha (kp
05/02/2020)
Finance
ministry urges central bank to ease auto loan
provision (ht 27/01/2020)
NRB
likely to ease cap on auto loans (ht
23/01/2020)
GoAML
To Check Financial Crime, by Uttam Maharjan
(rn 19/01/2020)
Can
We Prevent Evergreening Of Loans?, by Sagar
Gautam (rn 18/01/2020)
Raising
financial literacy: Local levels have big
responsibility, by Amish Dhungel and
Dwaipayan Regmi (kp 17/01/2020)
NRB
Deputy Governor Shrestha gets clean chit (ht
17/01/2020)
All
commercial banks to now report suspicious
transactions via goAML: goAML is software built
specifically by the United Nations to assist in
combating money laundering and terrorism
financing, by Prithvi Man Shrestha (kp
16/01/2020)
Evergreening
of loans: Can we prevent it?, by Sagar
Gautam (ht 13/01/2020)
The
dividend paid out by commercial banks is too
good to be true: Given that Nepal has much room
for growth, banks should start to hold back more
income for investment into the future, by
Paban Raj Pandey (kp 09/01/2020)
Debentures
are not the current need: Banks are struggling
to sell their debentures because investors
aren't keen on putting their money in debt
capital, by Jagadish Prasad Bist (kp
29/12/2019)
Move
to tighten lending criteria condemned (ht
26/12/2019)
Govt
picks Fitch Ratings for Nepal’s sovereign credit
rating, by Sagar Ghimire (rep 26/12/2019)
NRB
directs Himalayan Bank to elect directors based
on proportion of shares, by Rupak D. Sharma
(ht 26/12/2019)
Seven
pairs of BFIs receive NRB nod for merger (ht
23/12/2019)
BFIs
float Rs 41 billion in concessional loans:
Number of beneficiaries growing, albeit slowly,
as NRB pushes BFIs to implement scheme, by
Sujita Pradhan (rep 21/12/2019)
QR
code payments: For financial inclusion, by
Abhilasha Rayamajhi (ht 20/12/2019)
Slump
in bank lending suggests slowdown in the
economy: The government’s economic growth rate
target of 8.5 percent will be difficult to
achieve with the decrease in both government and
private sector spending, experts say, by
Prithvi Man Shrestha (kp 19/12/2019)
BFIs
against mandatory participation in social scheme
(ht 16/12/2019)
With
NPLs rising, World Bank sees vulnerabilities in
banking sector (rep 15/12/2019)
Milestone
in Mergers: Banks should pass on merger benefits
to public (rep 08/12/2019)
Global
IME, Janata start integrated transaction: Merged
entity becomes country’s largest commercial bank
with Rs 24 billion paid-up capital (ht
07/12/2019), What
Global IME Bank’s big merger may mean for other
banks, by Sagar Ghimire (rep 07/12/2019)
Debentures
draw lukewarm response, by Rajesh Khanal
(rep 04/12/2019)
Credit
disbursement down as banks exercise caution
(ht 30/11/2019)
Digital
wallets are everywhere but Nepalis still prefer
cash: Established patterns of behaviour and a
lack of trust are behind the consumers’
reluctance to fully go digital, entrepreneurs
and vendors say, by Prahlad Rijal (kp
29/11/2019)
Banks
resume payments through RTGS system (ht
27/11/2019)
Agricultural
Development Bank staff booked for banking fraud:
CIAA seeks to recover Rs 2.71 billion from eight
accused (ht 26/11/2019)
Credit
disbursement in automobile sector down by 85 per
cent in first quarter (ht 25/11/2019)
Borrowing
cost unlikely to become cheaper anytime soon:
Base rate remains stagnant in first quarter,
leaving less room for banks to cut interest
rates on loans (rep 24/11/2019)
Nepalis
spending less abroad due to NRB’s forex controls,
by Muna Sunuwar (rep 24/11/2019)
Commercial
banks record Rs 16.17bn profit in 1st quarter
(ht 18/11/2019)
All
commercial banks switch to chip-based cards
(ht 16/11/2019)
FinMin
directs NRB to ensure all local levels have
banks by mid-Jan (ht 14/11/2019)
Banks
now required to maintain a database of
high-profile and high-risk customers for
monitoring: As part of the central bank’s
anti-money laundering efforts, banks will need
to ensure that clients only employ legitimate
sources of income for transactions, by
Prithvi Man Shrestha (kp 05/11/2019)
NRB
deputy governor in a pickle, likely to face
suspension today (ht 04/11/2019), NRB’s
Deputy Governor Shrestha suspended (ht
05/11/2019)
High
interest rates alter composition of bank
deposits: Reversing a long trend, share of
fixed-term deposits outpaces saving deposits
(rep 31/10/2019)
Credit
surpassed deposits collection by Rs 35 billion
in the first quarter: Loans were issued mainly
for the construction of infrastructure,
hydropower plants and hotels, by Rajesh
Khanal (kp 28/10/2019)
NRB
seeks details of loan exposure of Prime
Commercial Bank over concerns of credit risk
(rep 24/10/2019)
Mobile
banking users increase by over 4.5 times in 4
years, by Sujeeta Pradhan (rep 24/10/2019)
8.34
million Nepalis have access to mobile banking
services: There are 6.7 million people with ATM
cards, up from 4.13 million six years ago, says
Nepal Rastra Bank, by Rajesh Khanal (kp
17/10/2019)
61
percent Nepalis have bank accounts (rep
17/10/2019)
Seven
banks submit M&A progress to NRB (ht
17/10/2019)
Interest
rates unlikely to rise despite shortage of
funds: Bankers say credit demand swelled during
the festival season to purchase consumer items,
by Rajesh Khanal (kp 16/10/2019)
Nepal
Rastra Bank asks fund managers to enforce
anti-money laundering laws: The central bank
enforced the directive aiming to extend
anti-money laundering measures to non-banking
sectors too, by Rajesh Khanal (kp
15/10/2019)
In
Gabahal, the elderly stand in a queue for hours
for their old-age allowances: There is little
space to accommodate hundreds of elderly people
who come to take their allowances in just five
days, according to the Nepal Bank, by Anup
Ojha (kp 01/10/2019)
Banks
to reach all local levels by mid-January, says
Khatiwada (ht 01/10/2019)
SMEs
face procedural hassles on receiving loans from
banks: SMEs operating in Province 3, including
Kathmandu Valley, have to wait for 240 days to
receive a loan, by Rajesh Khanal (kp
30/09/2019)
NRB
to make BFIs spend certain share of profit on IT
security (ht 20/09/2019)
Financial
market development: Digital first: now or never,
by Pralhad Giri (ht 19/09/2019)
Millions
still unable to use their bank cards freely
(ht 19/09/2019)
‘No
plans to raise paid-up capital of banks’ (ht
19/09/2019)
Banks
may be required to set up stabilisation fund:
The bill to amend the Bank and Financial
Institution Act also proposes to set a two-term
limit for board members, by Rajesh Khanal
(kp 17/09/2019)
NRB
launches RTGS in banking sector (ht
16/09/2019)
New
government rule on bank account catches migrant
workers unaware: A majority of people learn
about the new provision after reaching foreign
employment office only to get confused, by
Chandan Kumar Mandal (kp 15/09/2019)
NRB
nod must for BFIs to hire or fire CEOs: Experts
slam the provision as ‘restrictive’ in nature,
by Sujan Dhungana (kp 14/09/2019), Govt
proposes tightening terms for bank board
directors, by Sagar Ghimire (rep 14/09/2019)
Central
bank broadens sources of loans in foreign
currency: Microfinance companies are now
permitted to borrow from pension funds and hedge
funds in addition to banks abroad, by Rajesh
Khanal (kp 13/09/2019)
Central
bank asks banks to update their cybersecurity
infrastructure: A recent hack by Chinese
nationals on ATMs exposed significant security
vulnerabilities in the country’s banking system,
by Rajesh Khanal (kp 11/09/2019)
Central
bank slashes daily cash withdrawal limit at ATMs
to Rs 60,000, by Rajesh Khanal (kp
06/09/2019), BFIs
told to switch to chip-based cards: ATM
withdrawal limit slashed to Rs 20,000 per
transaction, Rs 60,000 per day, by
Umesh Poudel (ht 06/09/2019), NEPS
halts dollar card service (ht 06/09/2019)
The
mysterious case of bank lendings: Banks continue
to make handsome profits yet fail to lend money
to the most vulnerable groups, by Deepak
Thapa (kp 05/09/2019)
Cross
banking transactions via ATMs put on hold after
hack: A task force formed by Nepal Rastra Bank
has ascertained that the hackers stole a total
of Rs18.9 million from 13 Nepali banks (kp
05/09/2019)
Weak
cybersecurity and failure to keep up with
technology behind hackings: Banks don’t invest
adequately in cybersecurity, which leads to
incidents like Saturday’s cash-out ATM attack,
analysts say, by Rajesh Khanal (kp
04/09/2019), How
secure is Nepal’s banking system?, by Umesh
Poudel (ht 04/09/2019), NRB
mulls stricter security rules (jt
04/09/2019)
Millions
stolen by ATM hackers exposes vulnerability of
Nepali banks: Five Chinese nationals were
arrested on Saturday night on suspicion of using
cloned debit cards to breach the banks’
processing system and withdraw cash, by
Shuvam Dhungana and Rajesh Khanal (kp 02/09/2019),
Banks
must invest more in digital security: The recent
breaches show that not enough has been done to
increase security (kp 03/09/2019), 3
Nepalis among 4 more arrested for cyber heist,
by Ujjwal Satyal (ht 03/09/2019), How
safe are our banks? (rep 03/09/2019), Rs
35.8m withdrawn in Saturday’s heist: NRB (ht
05/09/2019)
Central
bank to launch real time gross settlement
system: The system permits funds transfer in
real time, eliminating waiting periods, by
Rajesh Khanal (kp 29/08/2019)
Fake
bank guarantee cases are rare, but they are
happening: At least two such incidents have
already been identified, officials say, by
Prithvi Man Shrestha (kp 23/08/2019)
Merger
policy: Power pressure or need of time?, by
Badri Pokhrel (ht 21/08/2019)
Govt
starts work for sovereign credit rating, by
Umesh Poudel (ht 21/08/2019)
Why
‘big merger’ faces a big hurdle: Relatively
large ownership by a single entity is a
potential roadblock to mergers and acquisitions,
by Paban Raj Pandey (kp 19/08/2019)
Nepal
Infrastructure Bank makes its first investment:
Invests Rs 1.5 billion in Karuwa-Seti hydropower
project in Kaski district (ht 19/08/2019)
‘Don’t
provide sharebroker licence to banks for now’
(ht 18/08/2019)
Bankers
say new interest spread rule will affect their
earnings: The central bank has defended its
decision, saying it is now at par with
international practice, by Rajesh Khanal (kp
17/08/2019), NRB
unlikely to review new interest spread rule till
end of Q1 (rep 17/08/2019)
Tinkering
at the margin: Attempting to control
private-sector lending in itself will not boost
growth, by Chandan Sapkota (kp 16/08/2019)
Mandatory
PAN provision faces challenges, by Sujan
Dhungana (ht 15/08/2019)
Outcry
Over New Provisions For Banks, by Uttam
Maharjan (rn 15/08/2019)
NRB
provision to wipe Rs 15bn off banks’ profit,
by Rupak D. Sharma (ht 14/08/2019)
Central
bank asks banks to ease agriculture credit: Move
is aimed at boosting development in the
agriculture sector, by Sangam Prassain (kp
07/08/2019)
NRB
sets age bar for CEO, board directors of BFIs:
65 years for CEO, 70 years for board directors
(rep 06/08/2019), Supreme
Court issues stay order against upper age limit
for bank chiefs: The central bank has fixed an
upper age limit of 65 years, by Rajesh
Khanal (kp 14/08/2019), NRB
governor says age bar for CEOs, BoDs at BFIs in
favour of public (ht 15/08/2019)
Has
NRB put BoP stability on back burner?
Expansionary monetary policy likely to build
pressure on external sector, by Sagar
Ghimire (rep 04/08/2019)
16pc
interest rate cap on co-op loans: Interest
spread rate cannot exceed 6pc: DoC, by Sujan
Dhungana (ht 03/08/2019)
The
Monetary Policy may not help stabilise interest
rates, analysts say: Expanding credit can boost
the amount of funds available for investment in
the productive sector, by Rajesh Khanal kp
02/08/2018)
SC
rules against invoking BOPA for cheque bounce
cases (ht 01/08/2019), Wrong
verdict: BOPA is a strong deterrent to fraud
involving bad cheques as the erring party could
be imprisoned and also fined (ht 02/08/2019)
Banks
keep gold import on hold as demand drops (ht
01/08/2019)
Monetary
Policy For Financial Stability, by Uttam
Maharjan (rn 01/08/2019)
Monetary
policy falls short of fixing interest issue
(rep 01/08/2019)
Central
bank tightens the purse strings as forex
reserves deplete: Monetary policy says people
going abroad for travel and study will get less
in foreign cash, by Tsering D. Gurung (kp
28/07/2019), Curbing
foreign spending is not the answer: The real
problem here is not the outflow of tourists and
students, but the ever-expanding balance of
payments deficit (kp 29/07/2019), Monetary
policy is no great shakes: Observers had thought
there would be something in the document to
revive the stock market and strengthen the
banking sector, by Jagadish Prasad Bist (kp
29/07/2019)
Auto
loans will be based on your income, new policy
says: Banks have been asked to issue auto loan
only after assessing an individual’s capacity to
pay, by Krishana Prasain (kp 28/07/2019)
Nepal
Rastra Bank rolls out Monetary Policy 2019-20:
Policy prioritises promoting bank mergers and
achieving growth target, by Rajesh Khanal
(kp 25/07/2019), Monetary
Policy focuses on easing liquidity, promoting
credit growth: Domestic credit growth
projected at 24pc for this fiscal against
22.5pc estimated last fiscal, by Sujan
Dhungana (ht 25/07/2019), Private
sector players provide mixed feedback, by
Umesh Poudel (ht 25/07/2019), Monetary
Policy And Economic Growth, by Siddhi B.
Ranjitkar (km 25/07/2019), In
the right direction: The policy focusses on
stability of the banking sector and also on
meeting the economic growth target set by the
government (ht 26/07/2019), NRB's
new rule requires banks to issue debentures
worth Rs 62 billion (rep 26/07/2019)
NRB
dangles carrots for banks to pursue merger
(rep 25/0/2019)
China’s
Union Pay receives licence from central bank,
by Rajesh Khanal (kp 25/07/2019)
BFIs
barred from charging prepayment penalty for
loans below Rs 5m (rep 23/07/2019)
Central
bank should adopt measures to ensure financial
stability rather than force mergers, analysts
say: Although some banks appear to be unwilling,
they have formed committees in line with the
regulator’s instruction, by Rajesh Khanal
(kp 22/07/2019)
Big
merger: Why now?, by Jagadish Prasad Bist
(ht 19/07/2019)
Change
monetary policy: Ensure NRB’s accountability,
by Nara Bahadur Thapa (ht 18/07/2019)
NRB’s
big push for mergers raises big question of
justification, by Sagar Ghimire (rep
18/07/2019)
NRB
begins process to offload its shares in NEPSE
Ltd (rep 17/07/2019)
Close
the loopholes: The central bank should be lauded
for its decision to enforce stricter controls
(kp 16/07/2019)
Relocating
Nepal Rastra Bank: Relocating NRB away from
Kathmandu will be crucial in ushering many
transformative changes in Nepali economy.
It will help keep politics and finance separate
from each other, by Nara Bahadur Thapa (rep
16/07/2019)
NRB
extends loans repayment deadline by 15 days
(rep 16/07/2019)
Central
Bank mulls dismantling industrialist-bank nexus
to avert anomalies in financial system: The
provisions barring financial institution
promoters to collude and exercise public
deposits as per their interest are not yet
legally well-grounded, by Prahlad Rijal (kp
14/07/2019)
Policy
instruments have been effective: Monetary policy
measures have been undermined because their
objectives are misunderstood, or not understood
at all, by Nara Bahadur Thapa (kp
11/07/2019)
The
barriers to financial inclusion: Year after
year, the Nepal Rastra Bank comes up with
policies to boost inclusion but they all remain
unsuccessful, by Achyut Wagle (kp
09/07/2019)
‘Address
credit crunch, stabilise interest rate’
(ht 09/07/2019), Private
sector leaders ask NRB to devise monetary policy
to stabilize rising interest rates: Interest
rates correction must to achieve 8.5% economic
growth: FNCCI president (rep 09/07/2019)
16
banks pledge to undergo M&A (ht
08/07/2019)
Global
IME, Janata Bank ink MoU for merger (ht
06/07/2019)
Private
sector seeks interest rate stability
(ht 05/07/2019)
Seven
banks submit NRB written commitment for 'big'
merger: Merger breakthrough less likely before
monetary policy, by Sagar Ghimire (rep
05/07/2019)
Bankers
seek tax incentives to go for M&A (ht
03/07/2019)
There
are too many banks: The issue is not only the
number, but also the rationale behind the
categorisation of institutions into various
overlapping segments, by Jagadish Prasad
Bist (kp 01/07/2019)
Investors
doubt central bank’s ability to introduce
effective monetary policies: Investors lost
Rs8.61 billion in the book value of their
investment portfolio last week, by Rajesh
Khanal (kp 30/06/2019)
Banks
fail to reach 23 local units due to lack of
basic infrastructure (rep 30/06/2019)
NRB
seeks commitment from commercial banks for
mergers and acquisitions, by Arpana Ale
Magar (ht 28/06/2019)
Banking
on land: Land banks that accept land deposits
and lend out plots is an idea whose time has
come, by Arun GC (kp 24/06/2019)
Merger
benefits: Merger and acquisition contributes to
raising the capital of the bank which will
enhance its lending capacity and strengthen
financial health, by Prajjwol Lakhey (rep
18/06/2019)
Private
sector calls for measures to prevent banks from
colluding to fix interest rates: Industrialists
present wish list for Monetary Policy 2019-20,
by Rajesh Khanal (kp 15/06/2019)
NRB
to tighten loans on vehicle importThe government
plans to stop providing short-term trust receipt
loan for importing vehicles by December, by
Sujan Dhungana (ht 15/06/2019)
Banks
reluctant to take foreign currency loans for
lack of hedging solutions, by Rajesh Khanal
(kp 14/06/2019)
Bankers
demand policy incentives, relaxation for 'big'
M&A (rep 13/06/2019)
All
local levels of Province 5 connected to bank
network (ht 06/06/2019)
Central
bank expresses concern as lending outpaces
deposit collection: Lending totalled Rs410.13
billion and deposit collection amounted to
Rs314.51 billion during the period mid-July to
mid-April, by Rajesh Khanal /kp 25/05/2019)
NIBL
Ace Capital to launch open-ended mutual fund:
Any investor can buy a minimum of 1,000 shares
of the open ended fund at the rate of Rs10 per
unit, by Rajesh Khanal (kp 24/05/2019)
NRB
hints at possible financial instability
(ht 24/05/2019)
Nepal
buys Rs 394 billion Indian rupees to pay for
soaring imports, by Rajesh Khanal (kp
21/05/2019)
Use
of Chinese digital wallets banned in Nepal,
by Rupak D Sharma (ht 21/05/2019), Register
pay apps: Nepal should take up the issue
directly with the Chinese government, which must
show magnanimity and support to resolve it
(ht 22/05//2019), China’s
mobile payment giants relent: WeChat Pay and
Alipay keen to work legally in Nepal, by
Rupak D Sharma and Roshan S Nepal (ht 24/05/2019)
Digital
banking in Nepal: Focus on infrastructure,
security, by Amish Dhungel and Dwaipayan
Regmi (ht 20/05/2019)
Who
runs this bank? Women.Tripureshwor office of
Agriculture Development Bank is one among its
three branches staffed entirely by women, by
Abani Malla (kp 19/05/2019)
Demand
for refinance fund rises on skyrocketing
interest rates, shortage of lendable funds:
Outstanding refinance funds amounted Rs 24.54
billion in mid-March, up from Rs 12.94 billion a
year earlier (rep 16/05/2019)
Banks
complain of shortage of loanable funds—and
continue to increase net profit: Bankers have
their arguments, but experts say Nepal
Rastra Bank—the regulatory body—has failed
to act effectively, by Rajesh Khanal (kp
15/05/2019)
NRB
moves to curb unhealthy deposit collections
(ht 14/05/2019)
NRB
restricts BFIs from collecting fixed deposits
with maturity period less than three months:
BFIs not to be allowed to offer silver, gold
coins on fixed deposit scheme (rep
14/05/2019)
Expansion
of network, definition drives up deprived sector
lending of BFIs (rep 12/05/2019)
Banks’
profits continue to surge despite shortage of
lendable funds (rep 11/05/2019)
Govt
eases procedures for subsidized housing loans
for quake survivors (rep 08/05/2019)
Reporting
financial transactions could soon be done
online: The move will help keep tabs on
suspicious transactions effectively, by
Prithvi Man Shrestha (kp 06/05/2019)
ADB
to sell Nepali bonds in foreign markets, by
Rupak D Sharma (kp 06/05/2019)
Banking
the
unbanked: It is necessary to channelize money
into formal financial system through banking.
Every sector of economy must use banking channel
to handle financial transactions, by Sandip
Neupane (rep 02/05/2019)
Fewer
suspicious transactions reports filed with
central bank (rep 01/05/2019)
Laxmi
Bank,
New Street Tech team up for data driven
remittance: This ecosystem can have tangible
impacts for financial inclusion by reaching the
unbanked and under-banked in a convenient and
cost-effective manner (kp 26/04/2019)
Khalti
gets licence for domestic money transfer (kp
25/04/2019)
Telecom
authority and central bank announce plans to
regulate digital financial service providers,
by Prahlad Rijal and Tsering D Gurung (kp
20/04/2019)
Regulate
pay
apps: The authorities should have the Chinese
mobile payment systems register in Nepal so as
to regulate them, just like the credit card
providers (ht 18/04/2019), Chinese
payment
platforms are illegal, but officials say they
can’t control them: Majority of the Chinese-run
businesses use popular Chinese digital wallets
to sell goods and services, by Tsering D
Gurung (kp 19/04/2019)
Subsidized
loan scheme fails to pick up (rep
18/04/2019)
Central
bank makes it easier to open accounts, by
Rajesh Khanal (kp 11/04/2019)
Six
banks
to issue debentures worth Rs15.58b: NIC Asia
Bank is making the largest offering of
debentures valued at Rs5.83 billion, by
Rajesh Khanal (kp 29/03/2019)
Views
on the review: Potential impacts of the Monetary
Policy Mid-Term Review on the banking, by
Prajjwol Lakhey (kp 11/03/2019)
Government
to launch digital payment system by April-end,
by Krishana Prasain (kp 07/03/2019), Digital
wallet and payment services see uptick in users,
by Krishana Prasain (kp 08/03/2019)
Nepal
Infrastructure
Bank opens: The private sector-led bank has an
authorised capital of Rs40 billion and paid-up
capital of Rs12b, by Bibek Subedi (kp
07/03/2019)
Federation
backs down from demand for interest rate cut,
by Bibek Subedi (kp 27/02/2019)
Slippery
slope in Nepali banking: Need of rescue, by
Pralhad Giri (ht 27/02/2019)
NIBL
completes 33 years of operation (ht
27/02/2019)
Duped
depositors waiting to get their money back,
by Rajesh Khanal (kp 26/02/2019)
Nepali
companies may be allowed to issue bonds in
foreign capital markets (rep 26/02/2019)
Banks
still
struggling to implement court order to retrieve
Sumargi’s money: It’s a month and a half since
the Nepal Investment Bank was told to get the
money withdrawn by the controversial
businessman back to his account, by Prithvi
Man Shrestha (kp 24/02/2019)
Depositors
asked to file compensation claims, by Rajesh
Khanal (kp 22/02/2019)
Bankers
criticise the central bank policies, by
Bibek Subedi (kp 21/02/2019)
NRB
reduces interest cap on refinancing loans
(ht 21/02/2019)
Central
bank sets maximum interest rate spread at 4.5pc,
by Rajesh Khanal (rn 20/02/2019), NRB
increases refinance fund size to Rs 50 billion
(rep 20/02/2019)
KMC
prefers pvt banks to govt ones for paying public
school staffers, by Bishnu Prasad Aryal (rep
20/02/2019)
PM
orders Finance Ministry to check high interest
rates (kp 17/02/2019), High
interest rate puts off investors, by Rajesh
Khanal (kp 17/02/2019), PM
instructs FinMin Khatiwada to intervene in
reducing lending rates (rep 17/02/2019), Private
sector divided over govt intervention in
reducing interest (ht 19/02/2019), Monetary
Policy review draws mixed reaction from lobby
groups, bankers (ht 20/02/2019)
Industrialists
threaten to stop repaying loans (kp
13/02/2019), Federation
takes ownership of protest by industrialists,
by Bibek Subedi (kp 14/02/2019)
Banking
on a plan: The liquidity mess requires a deeper
understanding, by Sujeev Shakya (kp
12/02/2019)
Locals
all smiles after bank opens branch, by Manoj
Badu (kp 12/02/2019)
Nepal
Infrastructure Bank gets operating licence
(ht 12/02/2019), Nepal
Infrastructure Bank receives operating licence,
by Rajesh Khanal (kp 13/02/2019)
Jump
in inter-bank transaction worries NRB, by
Rupak D Sharma (ht 11/02/2019)
Boost
loanable
funds: Given the liquidity crunch, it would be
sagacious on the part of the BFIs to lend their
money to the productive sectors (ht
11/02/2019)
Central
Bank powerless to check rising interest rate,
by Bibek Subedi (kp 10/02/2019)
Shadow
Banking: An Overview, by Uttam Maharjan (rn
09/02/2019)
Cabinet
okays regulation to establish hedge fund, by
Bibek Subedi (kp 09/02/2019)
Banks
post high profits despite funds shortage, by
Bibek Subedi (kp 01/02/2019)
NRB
directs banks to ease concessional loans
(rep 31/01/2019), NRB
seeks details of subsidized loans floated by
banks: Move comes amid complaints that BFIs are
unwilling to lend (rep 01/02/2019)
Industrialists
go
on warpath against high interest rates: The
disgruntled entrepreneurs plan to stage a sit-in
outside the central bank office in Biratnagar,
by Bibek Subedi and Leela Ballav Ghimire (kp
29/01/2019)
Migrants
will now be allowed to carry only $200: NRB
(ht 23/01/2019) [??? The
migrans are punished for failed economic
politics of government and administration!],
NRB
lowers forex limit for foreign-bound workers to
$200 (rep 23/01/2019)
Banks
reluctant to lower lending rates: But quick to
add 1 percent premium on loans (rep
20/01/2019)
More
than
Rs50b mopped out of financial system: Move
leaves many banks and financial institutions at
risk of breaching the CCD ratio, by Bibek
Subedi (kp 18/01/2019), Current
account deficit soars to Rs 119.33bn (ht
18/01/2019)
Banks
may need central bank’s nod to pick CEO, by
Bibek Subedi (kp 16/01/2019)
Inter-bank
lending rate surges to alarming six per cent,
by Rupak D Sharma (15/01/2019)
Don’t
kick the can: It is best not to tinker with
price discovery process, by Paban Raj Pandey
(kp 14/01/2019)
Bank
withdrawals to pay income tax squeezing
liquidity: Withdrawals expected to Rs 71 billion
by mid-January (rep 12/01/2019)
NRB
lays out scenario for sending BFIs into forceful
merger (rep 05/01/2019)
Banks
sweat as lending tops deposit collection, by
Bibek Subedi (kp 04/01/2019)
Fluctuating
interest rates: Loan supply has fallen behind
demand as banks haven’t been able to collect
deposits, by Prajjwol Lakhey (kp 03/01/2019)
64
local units yet to see presence of commercial
bank (rep 30/12/2018)
Innovating
banking:
Age of digitization has made available several
technologies to make banking efficient. Banks in
Nepal should benefit from them, by Ananda
Khatiwada (rep 30/12/2018)
Three
banks
seek NRB nod to provide stockbroker services:
Banks can work as stockbrokers through
subsidiaries after acquiring licenses from SEBPN
(rep 29/12/2018)
Central
Bank’s
new provision brings cheer to investors: Moves
include allowing banks to issue loan of up to 65
percent on the valuation of shares and
considering right shares and bonus shares as
collateral, by Rajesh Khanal (kp 27/12/2018)
New
base rate formula to lower lending rate (rep
27/12/2018)
Soft
loan
attracts migrant returnees: Migrant workers can
apply for entrepreneurship loans up to Rs1
million within three years of returning from
abroad, by Chandan Kumar Mandal (kp
23/12/2018)
NRB
advised
to increase limit of institutional deposit to 50
percent: End practice of accepting deposits
through auction: Committee (rep 23/12/2018)
Banks
start lowering deposit rates after NRB
intervention (rep 22/12/2018)
Banking
on an easy solution: There’s more to
loan-deposit mismatches than it seems, by
Paban Pandey (kp 21/12/2018)
Banks
to
cut interest rates on deposit: The government
pressured banks to lower interest rates which
had risen to as high as 13.5 percent, the
beginning of an ‘interest rate war’, by
Rajesh Khanal (kp 21/12/2018)
Doha
Bank's representative office in Nepal comes into
operation (rep 20/12/2018)
Money
works better: Cash transfers are assuming
importance in social welfare and anti-poverty
policies, by Alok Rajouria (kp 19/12/2018)
Banks
engage
in race to raise interest rates: Banks have
jacked up interest rates despite
consistent warnings from the government, by
Rajesh Khanal (kp 19/12/2018)
Central
bank urged to tackle soaring interest rates on
loans (kp 12/12/2018)
Finance
Ministry steps in to tame interest rate, by
Rajesh Khanal (kp 07/12/2018)
NBA
decision to ditch cap sparks interest rate war
(rep 06/12/2018)
Look
beyond the numbers: It is vital to revisit
repayment histories of ‘deprived sector lending’,
by Udayan Regmi (kp 02/12/2018)
Why
does
the credit crisis keep repeating itself? Bankers
met at a Himalmedia Roundtable last week to
discuss the recurring credit crunch (nt
30/11/2018)
Central
bank slams bankers’ demand: Banks cannot extend
more than 80 pc of the deposit and core capital
as loans, by Bibek Subedi (kp 28/11/2018)
Banking
crisis looms large: The saga of the liquidity
crisis has been running in parody for several
years now, by Achyut Wagle (kp 27/11/2018)
Nabil
offers Rs 300,000 health insurance for saving
account holders (rep 26/11/2018)
Banks
post record first quarter profits, by Bibek
Subedi (kp 20/11/2018)
Country’s
sovereign
credit rating in offingPrivate sector believes
such a rating is important for business
predictability and foreign direct investment,
by Sujan Dhungana (ht 14/11/2018)
Electronic
transfer:
Banks urged to enforce system; Out of the four
clearing banks, only one provides such a service
to customers, by Rajesh Khanal (kp
14/11/2018)
Bankers
fret at prolonged shortage of loanable funds:
NBA agrees to keep interest rate cap on deposits
(rep 12/11/2018)
NRB’s
interest subsidy scheme gathers dust (ht
12/11/2018)
Subsidised
credit for quake victims: Regulator orders banks
to disburse loans, by Sanjeev Giri (kp
11/11/2018)
NRB
increases limit for banks to borrow in foreign
currency: Relaxation in rule enables banks to
borrow up to Rs 185 billion (rep 11/11/2018)
NRB
revises loan-to-value ratio on auto loans for
private vehicles, by Rajesh Khanal (kp
07/11/2018), Maximum
auto loan limit lowered to 50 pc (rep
07/11/2018)
Foreign
exchange limit for outbound Nepalis lowered to
$1,500, by Sagar Ghimire (rep 07/11/2018)
Workforce
Diversity In Banking Sector, by Ujwal Raj
Gautam (rn 05/11/2018)
IMF
calls for banking sector reforms (ht
01/11/2018)
Shortage
of loanable funds lands businesses on a sticky
wicket, by Bibek Subedi (kp 31/10/2018)
Banks
taking caution to sanction big loans (ht
28/10/2018)
Banks
should cap lending rates too, by Pushpa Raj
Acharya (ht 22/10/2018), Too
costly to borrow: While banks seem bent on
hiking interest rate on lending, the central
bank has remained a mute spectator (ht
23/10/2018)
Banks
unveil festive home loan schemes (kp
15/10/2018)
Multiple
ATM failure dampens festive fervour (ht
15/10/2018)
Bankers
reluctant to bring down lending rates, by
Sagar Ghimire (rep 13/10/2018)
NBA
lowers deposit rate cap (rep 12/10/2018)
Finance
experts
call for stricter regulation: Unregulated
institutions such as cooperatives hold more than
15 percent of the people’s savings (kp
06/10/2018)
Central bank unveils working procedure for
subsidized loan schemes: Jobless educated
youths, targeted groups can now apply for such
loans (rep 28/09/2018)
MFI
presence in poor, remote areas low (ht
26/09/2018)
Melamchi
Drinking Water Project: Two banks lose Rs1.7
billion over troubled water project (kp
19/09/2018)
MFIs
allowed to borrow from foreign financial
institutions (ht 17/09/2018)
DFID-aided
project funds profit-making banks to expand
business: Declines to disclose grant amounts to
banks, by Sagar Ghimre (rep 04/09/2018)
More
sectors to get foreign currency loans (kp
01/09/2018)
Profit
Amid Credit Crunch, by Uttam Maharjan (rn
23/08/2018)
The
future of banking: Embrace new technologies,
by Prahlad Giri (ht 17/08/2018)
Banks
make a fortune on high lending rates, by
Pushpa Raj Acharya (ht 16/08/2018), Base
rate of 21 banks above 10pc (ht 17/08/2018)
Tame
the Runaway Interest Rate, by Nandalal
Tiwari (rn 13/08/2018)
India’s
Exim Bank proposes stake in infrastructure bank:
Exim Bank is involved in Nepal since 2006,
financing projects on hydropower, transmission
lines and road (kp 11/08/2018)
New
financial reporting standards cause confusions
(rep 10/08/2018)
Nepal
Rastra Bank paves way for commercial banks to
borrow in Indian currency (rep 10/08/2018)
NRB
extends time for banks to publish financial
reports (ht 31/07/2018)
New
monetary policy: Is it aimed at IR stability?,
by Guna Raj Bhatta (ht 30/07/2018)
Credit
demand
from SMEs likely to go down: There is a high
chance that the credit demand will go down, with
borrowers turning towards unregulated
cooperatives, according to the banker, by
Bibek Subedi (kp 29/07/2018)
Commercial
banks yet to reach 122 local units (rep
29/07/2018)
Bank
deposits surge in line with govt spending
(rep 22/07/2018)
Annual
credit jumps 20.46% while deposit grows 17%:
Second consecutive fiscal year of the ultra-high
interest rates (rep 21/07/2018)
Govt
to set up Rs 100bn infra development bank under
Chinese investment, by Sujan Dhungana (ht
21/07/2018)
Central
bank’s priorities: Promoting microfinancing and
expanding access in rural areas is high on the
agenda, by Dayaram Sharma Pangeni (kp
20/07/2018)
Will
new monetary policy solve banking woes?, by
Uttam Maharjan (rn 19/07/2018), ‘Focus
of
monetary policy on economic growth’: NRB
executive director Nara Bahadur Thapa says Nepal
has potential for 11%-12% growth (rep
19/07/2018)
Nabil
Bank opens 12 new branches in rural areas
(kp 1807/2018)
Balance
of payment, current account continue to turn
deficit (rep 17/07/2018)
‘Borrowing
facility from foreign banks insufficient to
address country’s credit need’ (ht
13/07/2018)
Monetary
policy expected to help meet growth target,
by Rajesh Khanal (kp 12/07/2018), NRB
moves to lower interest rates, by Sagar
Ghimire (rep 12/07/2018), Banks
can now count subsidized edu loans as deprived
sector credit (rep 12/07/2018), Interest
rate stability top priority, by Pushpa Raj
Acharya (ht 12/07/2018), ‘Monetary
policy falls short’: Ambika Prasad Poudel,
chairman of the Nepal Investors’ Forum, said the
monetary policy was not capital market friendly
(kp 13/07/2018), Policy
for
growth: The monetary policy has tried its best
with various measures to address the credit
scarcity the country is facing (ht
13/07/2018), Monetary
Policy fails to lift investors’ sentiment
(ht 13/07/2018), SC
issues interim order against Monetary Policy
(kp s14/07/2018), Pragmatic
monetary policy: Reducing lending rate (rep
15/07/2018), Broker
license to bank subsidiary draws mixed reaction
(rep 15/07/2018)
Nepal
Rastra
Bank set to increase size of refinance fund: The
fund aims to provide relief to the private
sector reeling under sky-high lending rates
(rep 11/07/2018)
Monetary
Policy to be unveiled today (ht 11/07/2018)
Nepalis
parking wealth in Swiss banks: Four-fold rise in
funds parked there by Nepalis since 2008, by
Pushpa Raj Acharya (ht 02/07/2018)
Exposure
of BFIs in Oriental scam at Rs 2.53 billion
(ht 28/06/2018)
NRB
to unveil monetary policy next week (rep
27/06/2018)
‘Monetary
policy needs to address lending rates’, by
Pushpa Raj Acharya (ht 25/06/2018), Money
management:
The new monetary policy should strongly aim for
price stability, interest rate stability and
external sector stability (ht 26/06/2018)
NBA
again caps interest rates on deposits, by
Sagar Ghimire (rep 22/06/2018), Banks
agree to cap deposit rates: Eleven per cent
ceiling on fixed deposit, 7 pc an savings,
by Pushpa Raj Acharya (ht 22/06/2018), Will
decision to regulate deposit rates bring down
credit rates?, by Rupak D. Sharma (ht
22/06/2018)
Swap
line explained: The central bank may act as a
facilitator for currency swaps in the financial
market, by Ritwik Guha Thakurta (kp
21/06/2018)
NRB
under pressure to tame bank rates at desired
level (rep 20/06/2018)
NBA
for scrapping CCD ratio requirement to ease
‘credit crunch’ (rep 19/06/2018)
NRB
floats foreign employment bonds worth Rs 250
million (rep 16/06/2018)
Lending
rates unlikely to come down any time soon
(ht 14/06/2018)
Bankers
seek liberal definition of ‘productive sector’
(ht 14/06/2018)
NRB
urged for ‘expansionary’ monetary policy (ht
13/06/2018)
Central
bank seeks changes in foreign employment
services (ht 13/06/2018)
NBA
ditches cap on fixed deposit interest rate amid
pressure: Banks brace for interest rate war
(rep 12/06/2018)
JV
banks can borrow from Indian partners: The
country has been investing dollars to buy Indian
currency (ht 10/06/2018)
It’s
June, but lending rates aren’t falling, by
Rupak D. Sharma (ht 09/06/2018)
Finance
minister asks JV banks to bring in capital
(ht 08/06/2018)
Citizens
Bank is an income stock company (rep
06/06/2018)
Youth
start-up
loan plan elicits academia cynicism: Experts say
‘lack of clarity’ on bank loans against academic
certificates as collateral, by Anup Ojha (kp
03/06/2018)
IFC
and
NRB launch guidelines for BFIs: Implementation
of guidelines is expected to help minimise
potential risks and boost competitiveness of
Bank and Financial Institutions (kp
29/05/2018)
Salary
of workers to be paid compulsorily through
banking channel (ht 29/05/2018)
Banks
breach interest rate spread to maximise profit
(ht 25/05/2018)
Bank
on it: With Nepal Infrastructure Bank, Nepal
will have a special financial institution to act
as a catalyst for funding, promoting and
interfacing infrastructural space, by Binod
Atreya (rep 24/05/2018)
Nepal
Investment signs loan mandate with IFC (ht
24/05/2018)
NRB
introduces new inspection, supervision bylaws
(kp 23/05/2018)
Emerging
Nepal gets LoI to set up infra bank (kp
21/05/2018)
NRB
intiates ‘hedging’ fund exercise, by Bibek
Subedi (kp 20/05/2018)
14
banks sign pact to expand rural access (kp
20/05/2018)
Lending
rates burden borrowers, by Rupak D. Sharma
(ht 18/05/2018)
Commercial
banks say they cannot expand to 38 local units
(ht 18/05/2018), Finance
Ministry
vows to facilitate banks to open branches in
local units: 243 local units yet to see presence
of commercial banks (rep 18/05/2018)
NRB
warns
money changers against financing smuggling:
There have been a growing number of gold
smuggling cases in the last few years that could
potentially have been financed through various
channels according to the central bank (kp
17/05/2018)
Lending
institutions for SMEs on cards (ht
16/05/2018)
Mega
Bank-Tourism Dev Bank joint operation commences
(kp 14/05/2018)
Banks
giving investors raw deal in contrast to
microfinance firms, by Rupak D. Sharma (ht
14/05/2018)
Financial
growth: How to achieve it?, by Prahlad Giri
(ht 08/05/2018)
Managing
the money: Increasing interest rates to ease the
shortage of loanable funds will lead to
inflation, by Udayan Regmi (kp 08/05/2018)
RBB
acquires NIDC to become 2nd largest bank (kp
03/05/2018)
Lending
bending:
The central bank has desperately failed to keep
lending rates in check, which is hurting the
productive sector and country’s economy as a
whole (ht 03/05/2018), Base
rate of 20 banks above 10pc (ht 03/05/2018)
High
lending rates pose threat to productive sector:
Banks make hay even in times of gloom (ht
02/05/2018)
NRB
expands definition of 'tourism' for lending
(rep 01/05/2018)
Collective
profit of banks up 15.45pc (ht 30/04/2018)
Credit
flow to service sector jumps 14 percent (rep
29/04/2018)
NRB
marks 63rd anniversary (kp 28/04/2018)
12
commercial banks each earned net profits of over
Rs 1b in Q3 (rep 27/04/2018)
Finance
and growth: Getting grasp of the link, by
Jagadish Prasad Bist, and Aadesh Raj Joshi (ht
24/04/2018)
NBA
continues deposit rate cap despite easing
liquidity situation (rep 24/04/2018)
Khunjeli
becomes first woman to head Nepali bank (kp
23/04/2018)
Average
CCD ratio of banks at 79.7pc in Q3 (ht
22/04/2018)
Banks
still facing tight lending condition: Deposits
grew by Rs 72 billion, while lending saw a rise
of Rs 68 billion Q3 (rep 20/04/2018)
NRB
sets cash withdrawal limit on credit card to
25pc (kp 18/04/2018), Central
bank issues rules on digital payment system
(ht 18/04/2018)
Currency
Risk: FDI bottleneck, by Adarsha Bazgain (ht
16/04/2018)
BFIs
expand credit disbursement by 7.9 percent
(kp 15/04/2018)
Policy
check: More empirical research is needed to
determine the magnitude of the risk-taking
channel of monetary policy for credit cycles,
by Anup Paudel (rep 12/04/2018)
Central
bank allows foreign borrowing (kp
04/04/2018), NRB
lets banks borrow from foreign financial
institutions (ht 05/04/2018), Banks
hail NRB’s decision to allow foreign borrowing
(ht 06/04/2018)
Fiscal
stimulus Need of the hour, by Pralhad Giri
(ht 04/04/2018)
Time
of
crisis: The banking sector is in turmoil which
is bad for the financial health of the economy;
Nepal has been struggling to maintain
macroeconomic balance; a low growth rate,
high unemployment, balance of payments deficit,
swelling trade deficit and high inflation
are pressing existing challenges, by Hari
Prasad Shrestha (kp 30/03/2018)
Banks
told
to open branch in every local body by mid-July:
Commercial banks currently have presence in 394
out to 753 local bodies in the country. This
means 359 local bodies still lack access
to commercial banking services (kp
29/03/2018), Banks
asked to set up branches in all local bodies
(ht 29/03/2018), Each
local unit to have a commercial bank by mid-July,
by Mohan Gurung (rep 31/03/2018)
Banks
continue to lend aggressively despite slow
deposit growth (rep 29/03/2018)
Scam
reveals
bad loan ‘evergreening’ practice: Apex
Development Bank allowed disbursement of fresh
loans to settle outstanding credit; KPMG did not
issue any stern warning either, by Rupak D.
Sharma (kp 28/03/2018)
Central
bank seeks quotations for RTGS system
installation (kp 26/03/2018)
Promoters
get NRB’s nod to set up NIDBCentral bank asks
stakeholders to deposit 45 per cent of
institution’s paid-up capital (ht
24/03/2018)
Banks
introduce attractive schemes (kp 23/03/2018)
Banks
witness sudden increase in deposits (ht
22/03/2018)
Banks
have three days to submit plan to reach all
unbanked units (rep 22/03/2018)
Shortage
of loanable funds: Central bank mulls guideline
for foreign borrowing (kp 21/03/2018)
Auto
sales dip as banks clamp down on loans (ht
20/03/2018)
NRB
to
inject Rs 20bn as liquidity crunch looms large
over market: Interbank transactions limited as
banks are in a tight position due to scarcity of
fresh deposits (ht 14/03/2018)
NRB
mum as NBA acts as regulator (kp
12/03/2018), NBA
formally halts interbank lending to NIC Asia
Bank (ht 12/03/2018), NRB
holds
meeting with NBA, NIC Asia representatives: The
central bank is looking to resolve the ongoing
dispute over determination of returns on fixed
and savings deposit between commercial banks in
Nepal (kp 13/03/2018), NBA
manages to bring NIC Asia to its knees: As banks
regulate deposit rates, borrowers demand
stability in lending rates as well (kp
14/03/2018)
Finance
minister unhappy with central bank’s policy to
curb micro credit (ht 12/03/2018)
Banks
revoke inter-banking transactions with NIC Asia
(ht 10/03/2018), NBA ostracizes NIC Asia Bank for
hiking interest rates on deposits, by Sagar
Ghimire (rep 10/03/2018)
Promotion
of digital financial system urged (ht
10/03/2018)
Majority
of banks halt credit disbursement (ht
09/03/2018)
NRB
defends
commercial banks operating as cartels: All 28
commercial banks agreed to not offer interest of
over 8 percent during a meeting (kp
04/03/2018), Unruly
banks: NRB must break the cartel formed by
commercial banks (kp 06/03/2018)
Suspicious
transaction reporting by financial institutions
falls (rep 28/02/2018)
Unavailability
of banks in rural parts adds to the miseries of
poor, by Jagat Khadka (rep 27/02/2018)
‘Central
bank intends to reduce number of banks to 15-18’,
interview with Nara Bahadur Thapa (kp 26/02/2018)
NIBL
completes 32 years of operation (ht
26/02/2018)
Credit
flow to agri sector jumps 30 percent: Lending,
however, still below regulatory requirement
(rep 21/02/2018)
7
in 10 Sankhuwasabha local units lack bank,
by Dipendra Shakya (kp 20/02/2018)
Police
crack down on loan firms charging over 24 pc
interest (rep 20/02/2018)
Absence
of banks hits Siraha local levels hard (ht
19/02/2018)
NRB
relaxes rules to capitalise on specialisation of
banks (ht 15/02/2018)
Credit
flow to non-productive on the rise (rep
15/02/2018)
NRB
says
it won’t aid banks short of funds to give loans:
Banks and financial institutions barred from
extending over 15pc of total loan as overdrafts,
by Rupak D. Sharma (kp 13/02/2018), NRB
eases rules on CCD calculation, lending to
productive sector (ht 13/02/2018)
Nabil
Bank launches QR code payment (kp
12/02/2018)
NIBL,
Ace begin joint operation (kp 11/02/2018)
Unavailability
of banks hits locals hard (ht 10/02/2018)
Interest
rate of subsidized agro loans to go up (rep
01/02/2018)
Banks
achieve double digit profit growth (ht
30/01/2018)
Is
there urge to merge?, by Rupak D. Sharma (kp
29/01/2018)
Remote
areas of Sindhuli lack banking services (ht
27/01/2018)
Himalaya’s
Himalayan turns 25 (nt 26/01/2018)
Bankers
expecting relaxation on prudential lending limit
like last year: NRB, however, rules out
possibility, by Sagar Ghimire (rep
24/01/2018)
Interest
rate corridor: Modernising monetary policy,
by Guna Raj Bhatta (ht 23/01/2018)
Banks
barred from changing deposit rates (kp
22/01/2018)
Average
CCD ratio of banks at 77.65pc in Q2 (ht
21/01/2018)
RBB-NIDC
merger to conclude by mid-March (ht
20/01/2018)
Banking
system ‘sound’ despite huge withdrawals (kp
17/01/2018), Credit
crunch situation not as severe as believed
earlier (ht 17/01/2018), Shortage
of lendable funds is banks’ own affair: MoF
(rep 17/01/2018)
Funds
in govt coffers can’t be transferred to banks:
Panel (ht 14/01/2018)
Flood,
fire victims to get loans at subsidised rates
(kp 12/01/2018)
Govt
puts
its plan to transfer funds to banks on hold:
Banks and financial institutions are currently
facing severe crunch of loanable funds because
of mismatch in deposit collection and credit
disbursement (kp 12/01/2018), Bank
deposits growing at almost half the rate of loan
expansion (ht 12/01/2018)
KYC:
An Over Burdening Process, by Hria Bahadur
Thapa (rn 12/01/2018)
Invisible
thieves: Recent cyber-attacks have shown that
Nepali banks need to keep up with technology,
by Haribol Acharya (kp 11/01/2018)
Banks
stop lending amid shortage of funds: Result of
moral hazard of banks: NRB officials, by
Sagar Ghimire (rep 11/01/2018)
Flood
and fire affected to get subsidised loans
(ht 10/01/2018)
Stop
pampering banks: Relief packages will encourage
banking institutions to play by their own rules
(kp 09/01/2018)
NRB
yet to increase size of refinancing fund to Rs
20b (rep 09/01/2018)
NRB
issues repo to correct interest rate (ht
09/01/2018)
Govt
to offer Rs80b pot to cash-strapped banks,
by Rupak D. Sharma (kp 07/01/2018)
Govt
to come to aid of cash-strapped banks, by
Rupak D. Sharma (kp 05/01/2018)
Is
one bank posing threat to banking system?,
by Rupak D. Sharma (kp 04/01/2018)
CNI
urges PM to curb rife credit rate hike (kp
03/01/2018)
NRB
to tell BFIs to stick to published rates (ht
03/01/2018)
Ncell
profit repatriation to affect banks, by
Pushpa Raj Acharya (ht 29/12/2017)
Credit
crunch bedevils banks: Bank deposit rate at 13%,
lending rate spikes to 16% (rep 29/12/2017),
Bankers
seek government help to tackle rising interest
rates (ht 30/12/2017)
Banks
on lending spree despite slow deposit growth
(rep 28/12/2017)
NRB
to BFIs: Seek prior permission to receive int’l
awards (kp 27/12/2017)
Deposit
rates surge to last year’s level (kp
26/12/2017)
RBB-NIDC
merger deadline likely to be missed (ht
26/12/2017)
25
districts fail to meet borrowing needs (kp
24/12/2017)
Shortage
of lendable fund grips banks again (rep
21/12/2017)
Mega
Bank, with Tourism Dev Bank to undergo merger
(rep 20/12/2017)
Rs
637.19 billion credit extended to industrial
sector last fiscal (ht 19/12/2017)
NRB
issues single borrower limit for ‘recovered’ FIs
(ht 19/12/2017)
NRB
received 103 complaints on loan disputes last
fiscal (rep 17/12/2017)
2
finance firms removed from ‘problematic’ list
(kp 14/12/2017)
Districts
around Valley receive biggest chunk of agri
loans (kp 12/12/2017)
Banks
start facing liquidity shortage (kp
11/12/2017)
Banks
to publish financial statements as per NFRS
(ht 05/12/2017)
NMB
Bank bags ‘Bank of the Year 2017’ award (kp
04/12/2017)
NRB
makes
credit risk rating mandatory: The new directive
has made board of directors of BFIs fully
responsible for risk management (kp
03/12/2017)
120
local units still lack banking access: Governor
(ht 02/12/2017)
Slow
and
steady: More time needed to assess the efficacy
of interest rate corridor framework to reduce
volatility in interest rates and managing
liquidity, by Bhubanesh Pant (kp 01/12/2017)
NRB
proposes threshold for digital payments (ht
01/12/2017)
Cyber
threat
corners banks: Use of pirated software is quite
rampant in financial institutions in
Nepal. This has prevented them from installing
new patches to upgrade the software, making them
vulnerable to cyber attacks, by Rupak D.
Sharma (kp 01/12/2017)
Drop
in loanable fund prompts banks to raise deposit
rates (kp 30/11/2017)
Three
institutions to be removed from ‘problematic’
list (kp 27/11/2017)
Offshore
banking: Its utility, by Girish P. Pant (ht
22/11/2017)
NRB
to float Rs 500m worth of foreign employment
bond (kp 21/11/2017)
The
Hundi menace: With most Nepali workers in South
Korea sending money via hundi system Nepal loses
out on $32 million a month, by Dhananjay
Shah (rep 20/11/2017)
Credit
disbursement outpaces deposits: Banks are
extending Rs1.7 in loan for every rupee of
deposit collected (kp 03/11/2017)
Profit
growth of banks likely to take a hit (ht
03/11/2017)
NRB
not
keen on learning lessons from cyber heist: The
central monetary authority has not monitored
whether other banks have taken measures to avoid
stumbling into the pitfall that brought troubles
to NIC Asia Bank, by Rupak D. Sharma (kp
26/10/2017)
Digital
fortress: The cyber-attack on NIC Asia Bank
points to the ineptitude of banking security
systems (kp 25/10/2017), Nepali
banks ‘not prepared’ to ward off cyber threats
(kp 25/10/2017)
NRB
delays process of rolling out new interestrate
corridor (kp 12/10/2017)
BFIs’
presence helps locals in Terhathum, by
Chandra Karki (kp 05/10/2017)
Lack
of banks hits locals hard in far-western
districts (ht 04/10/2017)
NRB
proposes removal of ‘30-year service’ retirement
provision (ht 26/09/2017), NRB
staff launch protest (kp 26/09/2017)
Server
failure hits NBL customers in Panchthar (ht
25/09/2017)
‘Financial
crime risks must be mitigated by banks’ (kp
20/09/2017)
CNI
seeks MoI’s help to bring down banks’ interest
rate (ht 14/09/2017)
NRB
gives extra time to problematic institutions to
replenish capital (kp 13/09/2017)
Impractical
bank loans: There are several barriers that
discourage private investment in agricultural
products, by Udayan Regmi (kp 12/09/2017)
NRB
forms panel to discuss change in retirement
policy (kp 12/09/2017)
Electronic
cardholders
can now make online purchases: Nabil Bank
introduces a new service that allows holders of
Visa, Mastercard and UnionPay cards to buy goods
and services from online stores in the country
(kp 10/09/2017)
‘MFIs
need to avoid duplication of credit’ (ht
07/09/2017)
Disbursement
of
credit deemed ‘risky’ surges: Regulator suspects
overdraft issued to businesses is also used for
speculative purposes, by Rupak D. Sharma (kp
06/09/2017)
Central
bank asks BFIs to earmark accounts opened for
relief funds (02/09/2017)
BFIs
offer lucrative rates on auto loans at NADA Auto
Show (ht 31/08/2017)
Lending
to service sector jumps by 23 percent: Credit
flow to hospitality business on the rise as
tourism industry recovers (rep 31/08/2017)
Blind
people face difficulty opening bank accounts,
by Bina Thapa (kp 30/08/2017)
NRB
gives time to problematic FIs to meet paid-up
capital rule (ht 30/08/2017)
RBB,
NIDC sign MoU for merger (ht 29/08/2017)
23
commercial banks earns net profit above Rs 1
billion (rep 29/08/2017)
Banking
sector
faces threat from its regulator: Central bank
can prevent disease from becoming malignant if
it does not relent to bankers’ pressure, by
Rupak D. Sharma (kp 28/08/2017)
NRB
clarifies on inter-bank deposits in CCD ratio
calculation (ht 25/08/2017)
High
interest loan stirs panic, suicide rates go up
(ht 24/08/2017)
Investment
of Rs100 in bank ‘generating return of Rs21’
(kp 23/08/2017)
Profit
of commercial banks up 26.59 pc to Rs 45.26bn
(ht 23/08/2017)
House
panel dissatisfied with NRB directive (ht
23/0872017)
NRB
issues circular on paid-up capital rules, by
Pushpa Raj Acharya (ht 22/08/2017)
Govt
allows everyone to extend loans (kp
21/08/2017)
Class
‘B’, ‘C’ FIs seek separate window to invest in
govt securities (ht 18/08/2017)
New
provision
to exert pressure on interest rates: Banks,
financial institutions barred from factoring in
interbank deposit while calculating CCD ratio,
by Rupak D. Sharma (kp 17/08/2017)
NRB
board on the path ‘to wreck the institution’,
by Rupak D. Sharma (kp 16/08/2017)
NRB
issues circular to implement monetary policy
(rep 16/08/2017)
Loan-to-value
ratio lowered in the Capital (kp 16/08/2017)
NRB
stops taking applications of MFIs (ht
16/08/2017)
Nepal
Rastra Bank opens licence for Infrastructure
Development Bank (ht 12/08/2017)
Credit
demand subdued despite rise in stock of loanable
fund (kp 10/08/2017)
NBI
signs MoU with FSFM (kp 09/08/2017)
Errant
NRB: Nepal Rastra Bank needs to be objective and
pragmatic to maintain institutional credibility,
by Chandan Sapkota /kp 07/08/2017)
Govt
to issue bonds early: Transfers made to local
bodies have raised the spectre of govt facing
shortage of funds, by Rupak D. Sharma
(kp 06/08/2017)
NRB
sets criteria for CEOs, directors of BFIs
(ht 04/08/2017)
Faulty
policy: The NRb should reconsider its policy on
the soft loan and extend the payback period if
its intent is to help them (ht 31/07/2017)
NiBl
Capital set to acquire ace Capital (ht
31/07/2017)
Banks
sit atop excess liquidity of Rs94 billion
(kp 30/07/2017)
No
takers for central bank’s two-year concessional
home loan (ht 30/07/2017)
Bank
fixed deposits soar 42.5 percent, by Bibek
Subedi (kp 28/07/2017)
155
BFIs go for mergers to meet capital requirement
(rep 28/07/2017)
Banks
issueing 36 credit cards per day (kp
27/07/2017)
Local,
provincial reps can’t be on BFI board (ht
25/07/2017)
Problematic’
FIs to get more time to raise paid-up capital
(ht 25/07/2017)
NRB
will introduce measures to reduce lending rates
to 9 to 10pc’, interview with Nara Bahadur
Thapa (kp 24/07/2017)
Mega
Bank celebrates seventh anniversary (ht
23/07/2017)
Workers
to get salary through bank in Humla, by
Janak Bahadur Shahi (rep 23/07/2017)
Banks
demand infra before expansion, by Bibek
Subedi (kp 21/07/2017)
Credit
rate could remain high this fiscal (ht
21/07/2017)
Bankers
anxious about source for Rs 700bn deposit
(ht 21/07/2017)
Beyond
borders: Nepal should make a convincing case for
the establishment of AIIB’s headquarters
in Lumbini, by Bhoj Raj Poudel (kp
21/07/2017)
ID
cards made mandatory to deposit money in others'
accounts, by Sagar Ghimire (rep 20/07/2017)
Institutional
deposit of 19 banks exceeds 45pc, by Rupak
D. Sharma (kp 20/07/2017)
BFIs
heading toward the capital city, by Santosh
Pokharel (rep 17/07/2017)
‘Incentivise
BFIs
for productive sector lending’ (ht
16/07/2017)
IMF
officials see monetary policy heading ‘on the
right track’ (rep 16/07/2017)
Works
related
to govt acct management outsourced: Nepal Rastra
Bank has brought in Rastra Banjiya Bank to
manage the government’s accounts and financial
transactions in five different locations of the
country (kp 15/07/2017)
Deposits
swell, but interest rates unlikely to fall
anytime soon (rep 15/07/2017)
Monetary
Policy:Thrust On Productive Sector, by Uttam
Maharjan (rn 13/07/2017)
NIBL,
Ace
begin joint operation (ht 13/07/2017), NIBL
starts
joint operation with Ace Development Bank
(kp 14/07/2017)
NBL
branch
in Jajarkot runs out of cash (ht 13/07/2017)
Transaction
of
Rs1m or more in cash barred: NRB (kp
12/07/2017)
Interest
rates unlikely to fall anytime soon, by
Sagar Ghimire (rep 12/07/2017)
MFIs
upbeat
about expanding credit, by Pushpa Raj
Acharya (ht 12/07/2017)
New
monetary policy allowing hotels to exchange
foreign currency welcomed, by Arpana Ale
Magar (rep 12/07/2017)
Money
matters:
Central bank should ensure that banks are
channelling credit to priority sectors (kp
11/07/2017)
Interest
rates
likely to remain stable: But at the higher end,
in the next fiscal year, as NRB has sought to
purchase excess liquidity of banks at a fixed
interest of 3pc, by Rupak D. Sharma (kp
10/07/2017), NRB
raises
credit for productive sector (ht
10/07/2017), NRB
eases
cap on auto, home loans, by Sujan Dhungana
(ht 10/07/2017), NRB
raises productive sector lending requirement to
25%, by Sagar Ghimire (rep 10/07/2017)
Monetary
policy to address financial friction (rep
09/07/2017)
Magnetic
strip
ATM cards to be phased out from November (ht
07/07/2017)
Commercial
banks agree to open branches in 250 local units
(rep 06/07/2017)
Bank
customer
waits for seven hours to cash check, by
Janak Bahaur Shahi (rep 06/07/2017)
Civil
Bank
starts joint operation (ht 03/07/2017)
CDS
approves
three more clearing banks (kp 01/07/2017)
Addressing
The Woes Of Customers, by Hira Bahadur Thapa
(rn 30/06/2017), NRB,
IRD
dilly-dally to implement policy to end tax
compliance gap (ht 30/06/2017)
Bankers
for raising personal home loan limit to Rs 20
million (ht 29/06/2017)
NRB
signs
pact with Bank of Korea (kp 28/06/2017)
NRB
likely to further reduce interest rate spread
cap (rep 28/06/2017)
Central
bank
blues: Unless we enhance our productive
capacity, an expansionary monetary policy will
do more harm (kp 27/06/2017)
Deprived
sector receives loans worth Rs 100 billion
(rep 27/06/2017)
NRB
mulling
to increase size of refinancing fund (kp
26/06/2017), CNI
for channelizing govt treasury surplus into
banking system (rep 26/06/2017)
Pvt
sector
urges central bank to reduce CRR (ht
26/06/2017), Cash
crunch:
The CRR provision will compel the BFIs to make
investments only in the productive sectors that
ensure employment opportunity and stimulate the
domestic economy (ht 27/06/2017)
Lonely
at
the top: Banks facing CEO shortage, by Bibek
Subedi (kp 23/06/2017)
Bankers,
business
leaders divide over new consortium loans rule:
Bargaining power of business community on
interest rates at the heart of the dispute,
by Sagar Ghimire (rep 21/06/2017)
Nepal
Rastra
Bank mulls narrowing interest spread (kp
20/06/2017)
NTA
to
promote mobile financial services (ht
19/06/2017)
Debt
collection
ceiling raised to Rs90 billion (kp
17/06/2017)
Infrastructure
key to send banks to local units: NRB boss
(rep 17/06/2017)
Tepid
deposits growth worries bankers: Govt spending
has not pumped much cash into banking system
(rep 15/06/2017)
Banks
urged
to set up branches in local units, by Bibek
Subedi (kp 12/06/2017), ‘Ensure
availability
of banks in every local level within two months’
(ht 13/06/2017)
Deadline
for
revised paid-up capital requirement won’t be
extended: NRB (ht 12/06/2017)
Save
more:
It is important because savings are transformed
into much-needed investments (kp 06/06/2017)
Untapped
potential:
Nepal needs plenty of work to unleash human
capital as money stops being a constraint,
by Sujeev Shakya (kp 06/06/2017)
Rapid
credit
expansion is not panacea for higher growth: IMF,
by Rupak D. Sharma (kp 04/06/2017)
Lending
growth
surges 20pc despite low deposit collection
(ht 02/06/2017)
Bank
accounts must in Nepal for people heading abroad
to work: Decision aims at bringing remittances
through formal channel, by Sagar Ghimire (rep 30/05/2017)
Saving
habit
of Nepalis to improve (ht 29/05/2017)
Rates
to
remain high as money supply growth slows (kp
28/05/2017)
Recent
credit
crunch: Who is responsible?, by Guna Raj
Bhatta (ht 24/05/2017)
‘IC
exchange
facility beyond our ability’, by Bibek
Subedi (kp 23/05/2017)
NRB
plans
issuing broker licences to banks (kp
23/05/2017)
Rs
1 million cash transaction limit to come into
effect from mid-July (rep 23/05/2017)
Productive
sector
lending: Stimulus for growth, by Prahlad
Giri (ht 18/05/2017)
BFIs’
credit
disbursement to construction sector on the rise
(ht 18/05/2017)
Handsome
Q3
profits of banks belie predictions: Banks raked
in a combined profit of Rs31.40 billion in the
third quarter, up more than 32 percent (kp
18/05/2017), Banks
log impressive profit despite shortage of
lendable fund: 14 banks in 'billionaire club';
four post net profit of more than Rs2b (rep
18/05/2017)
BFI
heads
face Rs500k fine for not maintaining buffer,
by Rupak D. Sharma (kp 16/05/2017)
ADB
waives
interests worth Rs 3.5m (ht 15/05/2017)
Weak
regulatory
supervision triggered credit crunch: WB (kp
13/05/2017)
A/C
payee
cheque to be a must for transactions above Rs 1
million (kp 12/05/2017)
Commercial
banks
profit soar 36pc (kp 10/05/2017)
Central
bank
holds pre-budget discussion with private sector
(ht 09/05/2017)
Shady
business:
Fraudulent cooperatives put the savings of
thousands of depositors in danger, by
Niranjan Mani Dixit (kp 07/05/2017)
NRB
and
IFC join hands to promote sustainable finance
(kp 05/05/2017)
Money
in
the vault: Nepal has been saving more than it
has been investing—no wonder growth is slow,
by Tula Raj Basyal (kp 04/05/2017)
NRB
mops up Rs 101 billion despite lendable fund
curnch in BFIs (rep 02/05/2017)
Nepal
to
accept presence of Chinese banks: Official
(kp 01/05/2017)
BFIs
not to increase lending until govt ups spending
(rep 27/04/2017)
Savings
deposit
rate: Banks indulge in one-upmanship, by
Rupak D. Sharma (kp 24/04/2017)
What
banks
need to become: Banks are under scrutiny and
must brace for possible tectonic shifts in the
banking landscape, by Suman Joshi (kp
23/04/2017)
CNI
urges
NRB to address credit crunch (kp 20/04/2017)
NRB
gets
new board directors (kp 19/04/2017)
NRB
to
float development bonds worth Rs6 billion
(kp 17/04/2017)
Banks
see deposits move from saving to FD accounts,
by Sagar Ghimire (rep 15/04/2017)
NRB
instructs
banks to minimise debt servicing fees (ht
14/04/2017)
Banks’
credit
growth outpaces deposits, by Pushpa Raj
Acharya (ht 07/04/2017)
Lending
rates
to remain high, as deposit growth slows, by
Rupak D. Sharma (kp 06/04/2017)
Controversial
provisions
put BAFI bill on hold, by Bibek Subedi and
Binod Ghimire (kp 02/04/2017)
BFIs
not
eager to execute Supreme Court’s verdict (ht
02/04/2017)
Interest
subsidy
on agri loans raised to 5 percent (kp
01/04/2017)
Yokoyama
ends
five-year Nepal tenure on a high note, by
Rupak D. Sharma (kp 30/03/2017)
Bank
deposits witness tepid growth: NRB relaxation
enables banks to extend loans without getting
new funds (rep 30/03/2017)
IMF
concerned
over NRB lending limit relief, by Rupak D.
Sharma (kp 29/03/2017)
Credit
due: Although Nepali commercial banks have 1,250
branches, they disburse less than 2.5 percent of
total agriculture loan, by Bhairav Kaini
(rep 28/03/2017)
Bankers
oppose NRB proposal on floating interest rate
loans, by Sagar Ghimire (rep 23/03/2017)
Deposit
of
smaller financial institutions migrates to
bigger banks (kp 19/03/2017)
NRB
to
bar arbitrary revision of credit rates (kp
18/03/2017)
Harsh
fines
set for dodgy BFIs (kp 17/03/2017)
FINGOs
to
be turned into microfinance institutions (kp
16/03/2017)
MFIs
urged
to lower cost of operation (ht 16/03/2017),
Remove
anomalies or face consequences, NRB Governor
tells MFIs: FinMin lauds role of MFIs in rural
development (rep 16/03/2017)
Yeti,
Mahalaxmi
sign merger agreement (ht 15/03/2017)
Credit
flow to service sector jumps 12 percent as
tourism rebounds (rep 15/03/2017)
NRB
to
float foreign employment bonds worth Rs250
million (kp 12/03/2017)
GABV
calls
on banks to put people before profit (kp
08/03/2017)
Pokhara
traders’
delegation against bank interest hike (ht
07/03/2017)
Photo
of cardholders made mandatory on debit, credit
cards (rep 06/03/2017)
BFIs
deliberately
breaching lending limit face music (kp
01/03/2017)
Finance
cos
permitted to provide ASBA service (kp
28/02/2017)
NIBL
completes
30 years (ht 27/02/2017)
Central
bank
policy to hit credit expansion to deprived
sector (ht 23/02/2017)
Floating
loan
for cars becomes difficult, by Rupak D.
Sharma (kp 22/02/2017), NRB
tightens personal auto loans to 50 pc of
valuation, by Sagar Ghimire (kp 22/02/2017),
Motor
vehicle imports fall after rise in interest
rates on loans, by Rekha Bhusal (rep
22/02/2017), NADA
urges
NRB to review cap on loan-to-value ratio: At a
time when the govt has not been able to promote
mass public transportation, the move will limit
vehicle sales, and that is not good for the
country’s economy (kp 24/02/2017), Cars
gather
dust at customs as sales fall: Recent drop in
vehicle imports hits revenue of Birgunj Customs
Office, by Shankar Acharya (kp 28/02/2017)
NRB
introduces
goodies, while tightening noose around banking
sector, by Rupak D. Sharma (kp 22/02/2017)
NRB
offers some relaxations to release funds for
BFIs, by Sagar Ghimire (rep 22/02/2017), Central
bank
revises monetary policy, by Pushpa Raj
Acharya (ht 22/02/2017)
Banks
post
41pc jump in H1 profits (kp 21/02/2017)
Forex
reserves
cross record $10b mark (kp 20/02/2017)
Rise
in lending rates hits import, revenue, by
Ritesh Tripathi (rep 20/02/2017)
Deposit
collection
of BFIs picks up of late: Lending to
unproductive sector still relatively high
(ht 18/02/2017)
Commercial
banks’
inability to compromise on profits blamed for
credit crunch (ht 18/02/2017)
Disaster
in
the making: Liquidity crisis, low capital
spending, and swelling trade deficit are chronic
problems, by Achyut Wagle (kp 17/02/2017)
Commercial
banks’
profit surges 126pc in two years (ht
16/02/2017), Soaring
profit:
The banks have not met the targets of investment
in such sectors as lending to productive sector
and agriculture (ht 17/02/2017)
Liquidity
Crunch: A Headache For Banks, by Uttam
Maharjan (rn 16/02/2017)
NRB
lays
down rules for hiring foreigners (kp
15/02/2017)
Bankers
divulge
reason for crisis: Say pressure from investors
for higher returns resulted in credit crunch
(ht 15/02/2017)
Banks
effortful
to ease interest rate volatility (kp
15/02/2017)
Bankers
urge promoters to not press them for higher
dividend (rep 15/02/2017)
Net
profit
of 25 banks surges by 49 percent (kp
14/02/2017)
Banking
sector
braces for interest rate war: Banks are
resorting to unconventional measures, as they
face an acute shortage of funds to lend
immediately, by Rupak D. Sharma (kp
13/02/2017)
Banks
required
to submit loan portfolio to NRB every month
(ht 13/02/2017)
NRB
to
tighten noose around banks that deliberately
breach lending limit (kp 11/02/2017)
‘Liquidity
crunch
in BFIs will ease soon’ (kp 10/02/2017)
Follow
NRB
rules: The NRB has blamed the BFIs for being
inefficient when it came to planning loan
expansion, and for providing more credit in the
unproductive sectors and the rise in interest
rates (ht 10/02/2017)
Banks
not to issue new credit to automobiles, real
estate (rep 10/02/2017), Banks
halt
loans for automobiles, real estate: Decide to
stop extending credit against collateral of
stocks; To prioritise productive sector (ht
10/02/2017), Auto
dealers
denounce halt in lending, by Sujan Dhungana
(ht 11/02/2017)
Productive
sector
lending: Central bank issues mid-July deadline
(kp 09/02/2017)
NRB
tells BFIs to stop interest rate distortion,
other anomalies, by Sagar Ghimire (rep
09/02/2017)
Banks
breaching
the limit set on lending: NRB mum despite
knowing financial institutions are tweaking
figures, by Rupak D. Sharma (kp 07/02/2017)
They
had
it coming: The current liquidity crunch is the
result of faulty operation and management of
BFIs, by Chandan Sapkota (06/02/2017)
NRB
hikes
gold import quota to 25kg a day (kp
06/02/2017)
INR
demonitisation:
NRB rapped for ‘immature’ handling, by
Pushpa Raj Acharya (ht 05/02/2017)
Banks
themselves
to blame for credit crunch, by Pushpa Raj
Acharya (ht 02/02/2017)
Liquidity
mess:
Instead of being proactive, we keep reacting to
financial crises because we ignore facts and
figures, by Sujeev Shakya (kp 31/01/2017)
NRB
to
raise daily gold import quota to 20 kg (ht
31/01/2017)
Commercial
banks
found exceeding lending limit: Despite a
regulatory breach of this magnitude, the
central bank is not considering taking any
action against the commercial banks, by
Bibek Subedi (kp 31/01/2017)
Over
50
pc banks fail to assess money laundering risks
properly, by Rupak D. Sharma (kp
30/01/2017), Risky
affair:
Banks should maintain a robust system to counter
threats of financial crimes (kp 31/01/2017)
NRB
in
no mood to bend rules to help out banks, by
Pushpa Raj Acharya (ht 29/01/2017)
BFIs
told
to spend 1 percent of profit on CSR activities
(kp 28/01/2017), BFIs
must spend 1% of net profit on CSR activities
(rep 30/01/2017)
Private
sector
seeks effective measures to cope with liquidity
crisis (ht 28/01/2017)
Cabinet
okays
RBB, NIDC merger (kp 28/01/2017)
NRB
turns
down private sector’s request to increase CCD
ratio (kp 27/01/2017)
Liquidity-starved
banks enforce interest rate cartel, by Sagar
Ghimire (rep 27/01/2017)
Bank
deposits:
Structural problems, by Shreejesh Ghimire
(ht 27/01/2017)
Banks
seek
Rs 100bn refinancing facility for long-term
lending (ht 27/01/2017)
CNI
urges
NRB to hike CCD ratio, lower CRR (kp
26/01/2017), Interest
rates
on fixed deposits skyrocket (ht 26/02/2017)
Banks
in
liquidity crunch ‘trap’ (ht 25/01/2017), Halt
in lending likely as banks see loan-able funds
dry up; Not our problem says NRB, by Sagar
Ghimire (rep 25/01/2017), Liquidity
crunch:
BFIs should invest more in productive sectors so
that their capital investment can be recovered
and more employment can be generated (ht
27/01/2017)
RBB-NIDC
Dev
Bank merger proposal to be sent to Cabinet
(kp 24/01/2017)
Be
far-sighted:
Collecting short-term deposits and converting
them into longer-term loans are a flawed
practice (kp 24/01/2017)
Credit
expansion
rises rapidly despite liquidity crunch, by
Pushpa Raj Acharya (ht 23/01/2017)
BFIs
required to spend 3 percent of staff expenses on
trainings (rep 23/01/2017)
RBBL
plans to open branches in China, India (rep
23/01/2017)
Shortage
of funds prompts bankers to ask NRB to scrap CCD
ratio requirement, by Sagar Ghimire (rep
21/01/2017)
Banks
cold-shoulder Rs 40b outright sale auction
(rep 19/01/2017)
Central
bank
asks whether liquidity crunch is real (kp
18/01/2017)
Higher
credit
flow to risky areas raises NRB’s eyebrows
(kp 17/01/2017)
How
acute
is the liquidity crunch? NRB and bankers are at
odds over the liquidity problem and finding
solutions, by Surendra Tandukar (ht
15/01/2017)
Banks
to
spend Rs680m on staff training this year (kp
11/01/2017)
BAFI
Bill
endorsed by massive majority (kp 11/01/2017)
Nepal
Rastra
Bank’s Rs20b repo falls flat: Banks subscribed
only Rs1.9b worth of securities out of Rs20
billion worth of instruments offered (kp
07/01/2017), Rs
20b repo meant to ease liquidity crunch gets
lukewarm response, by Sagar Ghimire (rep
07/01/2017), NRB’s
repo
witnesses lukewarm response (ht 09/01/2017)
Banks
seek NRB financing facility as liquidity
tightens, by Sagar Ghimire (rep 05/01/2017)
Bankers
fret
as stock of loanable funds drops: This means
depositors, who have always complained
about negative real interest rates because
of soaring consumer prices, can reap some real
benefits by parking their money at banks, by
Rupak D. Sharma (kp 04/01/2017)
Seven
years of liberalizing financial sector: Nepal
fails to welcome even a single foreign bank;
Analysts say lack of business holding foreign
banks back, by Sagar Ghimire (rep
03/01/2017)
Five
FIs
merge, start joint ops (kp 02/01/2017), NCC
bank
starts joint operation after merger (ht
02/01/2017), Nepal
Rastra
Bank exits NCC: the regulator handed over the
bank’s board to an ad-hoc committee
following its merger with four other
financial institutions (kp 03/01/2017)
Banking
industry faces deadline rush to meet new paid-up
capital requirements, by Sagar Ghimire (rep
02/01/2017)
Cross-checking
of
financial details yet to be implemented (ht
01/01/2017)
BFIs
to seek new applications from firms hit by
quakes, Tarai turmoil (rep 29/12/2016)
Utilisation
of
refinancing facility rises substantially (ht
24/12/2016)
ID
details
required for forex deals of Rs100k (kp
20/12/2016)
Bank
deposit
rate crosses 10pc mark: Bankers, however, say
higher interest does not mean entire banking
sector is facing liquidity crunch (kp
19/12/2016), Liquidity
crisis
to further worsen: Deposit and landing growth
over the period (ht 19/12/2016)
Banking
stakeholders discuss cyber threats (rep
17/12/2017)
NRB
to
increase access to financial services (ht
16/12/2016)
Credit
expansion
in quake-hit districts up (ht 15/12/2016)
Government
tells
central bank to ensure optimum utilisation of
ERF: Shortfall in Economic Revival Fund to be
bridged through supplementary budget (ht
11/12/2016)
Finance
minister urges govt-owned banks to lend in rural
areas (rep 10/12/2016)
NIBL
bags
‘Bank of the Year’ award (kp 09/12/2016)
MoI
to
compensate BFIs on loan defaults by SMEs (ht
07/12/2016), Default
risks discouraging banks from increasing SME
loans (rep 07/12/2016)
Mechanism
to
reduce interest volatility fails, by Rupak
D. Sharma (kp 06/12/2016)
FCGO
procuring IT services to start e-payment:
e-payment likely to begin from Jan 1 (rep
06/12/2016)
BFIs
urged
to provide Indian currency (ht 06/12/2016)
Liquidity
crunch:
In order to boost the economy, the government
should spend the budget as allocated instead of
dilly-dallying in the development works as is
happening now (ht 29/11/2016)
Digital
services:
For financial inclusion; In Nepal’s case, it is
possible for digital financial inclusion to
become a game changer for unserved and
under-served low-income households as well as
micro- and small enterprises, by Bhubanesh
Pant (ht 29/11/2016)
Industries
face
problems getting loans (ht 28/11/2016)
Combo
cards
replacing magnetic ones: None of the ATMs in the
country are chip-compliant till date, by
Pushpa Raj Acharya (ht 27/11/2016)
FMO
ups
stake in NMB (kp 24/11/2016)
Profit
of
banks jumps 44pc in first quarter (kp
22/11/2016), Banks
report
nearly 45pc profit growth in Q1 (ht
22/11/2016)
NRB
urged
to initiate foreign exchange intervention
(ht 22/11/2016)
House
panel
endorses BAFI Bill with more teeth (kp
22/11/2016)
Bank
lending
jumps three-fold as borrowers regain appetite:
BFIs extend Rs96.6 billion in credit in
three-month period between mid-July and
mid-October, as against Rs33.4 billion in the
same period a year ago (kp 20/11/2016)
Banks
unable
to provide credit as liquidity crunch prolongs,
by Pushpa Raj Acharya (ht 18/11/2016)
Shah
elected to the helm of NBA (ht 17/11/2016)
Banks
urged
to import smaller unit gold bars (kp
12/11/2016)
Banks
told
to make card transactions more secure,
by Bibek Subedi (kp 09/11/2016)
Profit
of
commercial banks likely to surge (ht
09/11/2016), Commercial
banks’
profits jump 52pc (kp 14/11/2016)
Shortage
of
dollar bills to ease by Monday: Nepal Rastra
Bank is bringing $10 million in cash from
Singapore to ease the shortage of physical
dollars in the domestic market, by Rupak D.
Sharma (kp 09/11/2016)
NRB
mulls
recognising pre-incorporation expenses as
investment: The provision is expected to benefit
the developer of West Seti Hydropower Project,
which is trying to set up a joint venture
company with Nepal Electricity Authority, by
Bibek Subedi (kp 26/10/2016)
Interbank
lending
rate up despite excess liquidity, by Rupak
D. Sharma (kp 26/10/2016)
Bank
credit
outpaces deposits, by Pushpa Raj Acharya (ht
26/10/2016)
Central
bank
releases Rs8b in Ncell profit: Permission for
FY2011-12 dividend repatriation at suspended
CIAA chief Karki’s behest, sources claim (kp
24/10/2016), Officials
trade
blame over Ncell dividend repatriation, by
Rupak D. Sharma (kp 25/10/2016), Anti-graft
body
seeks details from NRB (kp 26/10/2016), ‘DoI
hasn’t
made any recommendation to NRB’ (kp
28/10/2016), NRB
responds
to CIAA, says DoI nod not required: Department
of Industry sticks to its earlier claim, by
Prithvi Man Shrestha (kp 29/10/2016)
Bank
loans
jump over five-fold (kp 23/10/2016)
Moratorium
on
merchant banking licences (kp 22/10/2016)
NRB
to
bring $10 million to ease shortage of bills
(kp 21/10/2016)
Civil,
ILFCO
to begin joint operation from today (kp
17/10/2016)
Century
to
acquire Arniko (kp 17/10/2016)
NRB
urges
govt to channel remittance to specific projects
(kp 09/10/2016)
People
facing
hard time getting new banknotes: Say they have
to wait for hours to get fresh bills for Dashain
festival, by Anup Ojha (kp 05/10/2016)
NRB
prohibits
stock trading of erstwhile Grand Bank: Trading
of shares of Prabhu Bank begins, closes at Rs
399 on Monday; NRB bars people who held shares
of Grand Bank prior to its merger with Prabhu
Bank from stock trading, stating Prabhu still
has not been able to recover losses of Grand
(kp 04/10/2016)
Lending
rates
likely to rise as credit growth outpaces
deposits, by Pushpa Raj Acharya (ht
04/10/2016)
NRB
to
inject Rs 5 billion today (ht 02/10/2016)
Credit
growth
surpasses fresh deposit collection (kp
29/09/2016)
NIBL
proposes
41pc dividend (kp 29/09/2016)
Banking
boom:
Financial inclusion key to sustainable growth;
Today, 45 percent of the BFI branches are
located in the central region where the capital,
Kathmandu, is located (kp 28/09/2016)
NIBL
first
private bank to meet NRB requirement (ht
28/09/2016)
The
industry
will not advance without skilled human capital,
by Sanjib Subba (kp 28/09/2016)
Banks
unenthusiastic
about productive sector loans, by Bibek
Subedi (kp 28/09/2016)
Wagle
submits
report on retirement provision (kp
27/09/2016)
Respite
likely
from negative interest rates, by Bibek
Subedi (kp 27/09/2016)
NRB
guv
urges BFIs to boost investment in staff training
(kp 25/09/2016)
Cash
outflow
surpasses inflow amid slashed remittance:
Balance of payments posts deficit of Rs 2.1b
first time in two years, by Rupak D. Sharma
(kp 23/09/2016)
Central
bank
retirement provision: Wagle to make
recommendation by next week; Some employees are
demanding NRB scrap provision on compulsory
retirement (kp 23/09/2016)
Employees’
demand
raises fear of NRB not getting fresh blood,
by Rupak D. Sharma (kp 21/09/2016)
NRB
to
bring $10m in cash from Singapore (kp
16/09/2016)
NIDC
Dev
Bank merger plans going nowhere, by Prithvi
Man Shrestha (kp 13/09/2016)
Foreigners
working
in Nepal to be able to draw salary in dollars
(ht 13/09/2016)
Rising
interbank
rate may push up deposit interest (kp
10/09/2016)
With
banking crimes on rise, new bill takes tougher
tack, by Sagar Ghimire (rep 10/09/2016)
NRB
to act strict against BFIs leaving merger midway,
by Sagar Ghimire (rep 09/09/2016)
Central
bank
set to bring online payment service under its
ambit (ht 07/09/2016)
NRB
to
import greenbacks to beat dollar drought:
Decision on letting commercial banks import US
currency pending in view of possible rate
distortion, by Prithvi Man Shrestha (kp
03/09/2016)
Vibor
Society
begins ops (kp 03/09/2016)
Prohibitory
period
fixed for central bank staff, by Bibek
Subedi (kp 02/09/2016), NRB
officials barred from joining BFIs right after
retirement, by Sagar Ghimire (rep
02/09/2016)
MoU
signed
to set up new ratings agency (kp 01/09/2016)
Banks
told
to increase direct lending in phases (kp
30/08/2016)
Banks
to
import greenbacks amid dollar drought, by
Prithvi Man Shrestha (kp 28/08/2016)
Banks’
real
estate lending up Rs 46b (kp 28/08/2016)
PM
Dahal
shows interest in Sumargi’s frozen fund:
Businessman’s Rs 3bn remains blocked for four
years, by Bibek Subedi (kp 25/08/2016)
Banks
providing
education loans against certificates (kp
24/08/2016)
IRC
helps
raise interbank rates, by Rupak D. Sharma
(ht 20/08/2016)
Two-week
repo
fails to attract BFIs (ht 18/08/2016)
Not
enough
reporting about cybercrime in BFIs: Police
(kp 17/08/2016)
Interbank
payment
system to be introduced today (ht
17/08/2016)
Profit
of
banks jumps 29.7pc (ht 17/08/2016)
Govt
mulls
limiting cash transactions to Rs500k, by
Prithvi Man Shrestha (kp 14/08/2016)
Despite
big losses, Banijya Bank issuing bonus to staff,
by Rudra Pangeni (rep 12/08/2016)
Instruments
floated
under IRC remain undersubscribed: NRB to launch
term deposit worth Rs 15 bn today; interest set
at 0.2487pc (ht 11/08/2016), IRC
fails
to draw BFIs’ attention: Central bank
mistrustful of bankers; NBA says NRB shouldn’t
be suspicious (ht 12/08/2016)
Central
bank
implements ‘interest rate corridor’ (kp
10/08/2016), NRB
to
launch interest rate corridor today (ht
10/08/2016)
NRB
lifts
controls on five more currencies (kp
09/08/2016), NRB
to
sell currencies of 5 more nations (ht
09/08/2016)
Digital
banking: Though government and the central bank
are committed to enhancing financial inclusion
through digitization of banking services, its
pace is slow in Nepal, by Binid Atreya (rep
09/08/2016)
NIBL
to
acquire Ace Dev Bank (kp 06/08/2016)
Everest
Bank,
Sakchyam join hands (kp 05/08/2016)
Secured
Transaction
Registry Office likely to begin operation soon
(ht 05/08/2016)
Rising
MFI
stocks lure investors: A senior NIBL Capital
official says that the subscription amount
reached more than Rs5 billion on Tuesday against
the initialpublic offering worth Rs30 million (kp
04/08/2016)
Average
per
day credit issuance increases to Rs 1.6 billion
(ht 04/08/2016)
ADBL
becomes
first bank to post Rs3b yearly profit, by
Bibek Subedi (kp 03/08/2016)
BFIs
told
to keep close watch on bank lockers, by
Bibek Subedi (kp 02/08/2016)
NRB
may
relax MFI spread rate provision (kp
31/07/2016)
Commercial
bank
lending swells despite massive hits to economy
(kp 30/07/2016)
Women
agents
spread branchless banking (kp 28/07/2016)
Central
bank
introduces new licensing policy: Banks and
financial institutions should get new licence to
provide e-payment services (ht 28/07/2016)
Banks
to
be allowed to sell five more currencies: Banks
will be allowed to sell Swedish kroner, Danish
kroner, Hong Kong dollar, Kuwaiti and Bahraini
dinar (kp 26/07/2016)
Himalayan
Bank,
Sejon sign MoU (kp 25/07/2016)
BFIs
to
cross-check income details of borrowers soon,
by Pushpa Raj Acharya (kht 25/07/2016)
Commercial
banks
likely to face off with ICAN, by Pushpa Raj
Acharya (ht 24/07/2016)
FNCCI
urges
NRB to scrap consortium financing policy (kp
23/07/2016)
New
Monetary Policy: A Brief Overview, by Uttam
Maharjan (rn 21/07/2016)
MFIs
face
shortage of funds after NRB move, by Bibek
Subedi (kp 19/07/2016)
Dumping
merger
plans may invite punishment, by Prithvi Man
Shrestha (kp 19/07/2016)
MFI
shares
nosedive, by Rajesh Khanal (kp 18/07/2016)
Banks
say
micro credit outside their area of expertise
(kp 18/07/2016)
NRB
limits
interest rate spread for MFIs to 7pc, by
Bibek Subedi (kp 15/07/2016), Central
bank
to make strategic shift in monetary operations,
to introduce IRC, by Rupak D. Sharma (ht
15/07/2016)
Merged
BoK,
Lumbini start joint operations (kp
15/07/2016)
Concerns
need
to be addressed to pass BAFIA: FinMin, by
Bibek Subedi (kp 12/07/2016)
Final
round
of NRB bonds set for Wednesday release (kp
12/07/2016)
‘NRB
to
focus on taming inflation’, by Bibek Subedi
(kp 10/07/2016)
Post-quake
reconstruction:
Banks to disburse aid to cluster settlements
(kp 08/07/2016)
Liquidity
squeeze
curbs banks’ lending ability, by Bibek
Subedi (kp 07/07/2016)
Prohibitory
period
proposed for NRB staff in amendment bill, by
Prithvi Man Shrestha (kp 06/07/2016)
Banking
on
the poor: Microfinance is not a choice but a
necessity for Nepal as around 80 percent of our
population lives in rural areas, by Binod
Atreya (rep 05/07/2016)
NRB
mulling
over limiting cash-based transactions, by
Bibek Subedi (kp 03/07/2016)
Credit
flow
tapers as fiscal year-end nears: Commercial
banks extended loans worth four billion rupees
in between June 17, 24 (ht 02/07/2016)
‘Use
policy
rate to ensure price, fiscal stability’ (ht
01/07/2016)
Bankers
revive call for scrapping interest spread cap
(rep 01/07/2016)
Sana
Kisan
Bikas Bank to mobilise $1.5m: The credit is
supported under the Disaster Risk Reduction and
Livelihood Restoration Project (kp
30/06/2016)
Few
takers for subsidized quake loans to rebuild
homes, by Sagar Ghimire (rep 29/06/2016)
Siddhartha
Bank,
BUDBL start joint operations (kp 22/06/2016)
Central
bank
simplifies concessional home loans guideline
(ht 22/06/2016)
Deposit
rates
continue to rise (ht 20/06/2016)
BAFIA
bill
draws severe flak: Stakeholders question
propriety of some lawmakers involved in the
amendment process (kp 16/06/2016), Changes
to
BAFI Bill provisions draw flak: Finance
Committee Chairperson Prakash Jwala says
alterations can still be made (ht
16/06/2016), Govt
buckles
under pressure, to return amendment bill (kp
22/06/2016)
New
system
to settle cheques within seconds, by Rupak
D. Sharma (ht 15/06/2016)
1.5m
use
mobile banking services (kp 14/06/2016)
Conflict
of
interest: Legislators have successfully twisted
the BAFIA amendment bill to benefit themselves,
by Surya Nath Upadhyay (kp 13/06/2016), The
role
of money in politics has become increasingly
important, interview with Dipendra Bahadur
Kshetry (kp 13/06/2016)
MoF
makes
deliberate attempt to weaken NRB, by Rupak
D. Sharma (kp 13/06/2016)
Questions
over
revised BAFIA’s significance, by Prithvi Man
Shrestha (kp 11/06/2015)
National
Strategies Of Financial Education – Way Forward,
by Prakash Koirala (rn 10/06/2016)
BFIs
intensify
process to meet new paid-up capital requirement
(rep 10/06/2016)
FIU
software
gathers dust for lack of compatible hardware,
by Bibek Subedi (kp 08/06/2016)
Deposit
rates
up, as loan demand surges: Banks are also likely
to raise lending rates (ht 04/06/2016)
Govt
plan
to establish infra bank a mere pipe dream,
by Sagar Ghimire (rep 02/06/2016)
Promoting
financial
stability: Central banks’ challenges, by
Bhubanesh Pant (ht 01/06/2016)
Banks
laud
universal bank account plan (kp 31/05/2016)
Reconstruction
authority
signs pacts with BFIs (ht 31/05/2016)
Central
bank
to float Rs 50 billion worth of NRB Bonds this
fiscal (ht 28/05/2016)
Limit
on
BFI chair term removed, by Bibek Subedi (kp
25/05/2016)
NRB
bonds
issue from Sunday, by Prithvi Man Shrestha
(kp 25/05/2016)
Seven-year-old
BFIs
may convert all promoter shares into ordinary
stocks (ht 25/05/2016)
New
bank
and financial institution act: Two-term tenure
fixed for chairmen, CEOs; BFIs can allocate 1
percent of publicly issued shares for their
employees, by Bibek Subedi (kp 22/05/2016)
Banks’
Q3
reports fuel bullish market sentiment (ht
22/05/2016)
NRB
collects
financial info of Nepalis in leak, by Bibek
Subedi (kp 20/05/2016)
Sakchyam,
NIBL
in partnership (kp 19/05/2016)
Loans
against
academic certificates: Bankers say will proceed
cautiously (rep 19/05/2016)
MFIs
urged
to expand to remote areas (ht 16/05/2016), Serve
rural
areas or lose license, NRB Guv tells
microfinance instituions (rep 16/05/2016)
Banks
weather
quake, blockade to record profits, by Bibek
Subedi (kp 15/05/2016)
BFIs
do
not need credit ratings for rights issues
(ht 14/05/2016)
Branchless
banking
touch points set up in Darchula (kp
12/05/2016)
Banks
start
looking for borrowers in stock market, by
Rupak D. Sharma (ht 10/05/2016)
Banks
once
again flushed with excess liquidity: Banks are
sitting on excess liquidity of Rs30 billion as
of Wednesday, according to central bank (kp
05/05/2016)
Another
financial
crisis might come at anytime, NRB governor
(rep 05/05/2016)
Enhancing
financial
access Inclusive and sustainable growth, by
Bhubanesh Pant (ht 04/05/2016)
Nepalis’
savings
habit worst in 2 decades, by Rupak D. Sharma
(ht 04/05/2016)
Banks
make
brisk business from credit cards, by Sagar
Ghimire (rep 03/05/2016)
BFIs
slow
in extending home loan schemes to quake victims:
Only 10 individual households have benefited
from central bank’s refinancing facility, which
was introduced on May 27 (ht
27/04/2016)
Pashchimanchal
formally
merges with Mega Bank (ht 26/04/2016)
Electronic
payments
projected to shoot up, by Prahlad Rijal (kp
23/04/2016)
Nabil
Bank
launches three new products (kp 22/04/2016)
Taskforce
to
study MFI interest rates (kp 21/04/2016)
Inter-bank
lending
rate shoots up to 5.08pc: A banker calls it
temporary phenomenon; chances of another bout of
credit crisis very slim, by Rupak D. Sharma
(ht 21/04/2016)
No
requests
for refinance, interest subsidy yet: NRB, by
Prithyi Man Shrestha (kp 19/04/2016)
Central
bank’s
loan scheme for quake survivors falls flat,
by Bibek Subedi (kp 14/04/2016)
MBL-JBNL
merger
plan collapses: A group of shareholders from
Machhapuchchhre Bank objected the swap ratio set
by the due diligence audit (kp 12/04/2016)
Gurkha
Development
Bank downgraded into finance company (kp
11/04/2016)
Banks
say
keeping close tabs on PEPs, by Prithvi Man
Shrestha (kp 09/04/2016)
Foreign
employment
savings bonds remain undersubscribed (ht
09/04/2016)
Suspicious
transaction
reports double in four years, by Sagar
Ghimire (rep 08/04/2016)
Don’t
do
transactions with shell companies, BFIs told:
Financial Intelligence Unit asks them to inform
it if such dealings have ever taken place,
by Prithvi Man Shrestha (kp 07/04/2016)
Banks'
lending
starts to pick up after months of stagnation
(rep 06/04/2016)
Bond
yields
rebound after steep fall of last fiscal (ht
02/04/2016)
Exim
Bank
of India mulls opening representative office in
Nepal, by Bibek Subedi (kp 27/03/2016)
NRB
plans
publicity blitz to push bond sales (kp
26/03/2016)
Study
stresses
prudential capital requirement (ht
26/03/2016)
NRB’s
payments
system is ‘secure’, by Bibek Subedi (kp
25/03/2016)
State-run
NBL,
ADBL take steps to increase capital (kp
24/03/2016)
NRB,
CBRC
sign MoU on exchange of supervisory info, by
Bibek Subedi (kp 22/03/2016)
Rs50
billion
bond issue planned: The banking system has been
awash in excess liquidity for the last three
years straight (kp 22/03/2016)
DoC
asks
BFIs not to issue letter of credit to temporary
licence holders for fuel import (ht
20/03/2016)
Deposits
at
BFIs surge by whopping 73pc (ht 19/03/2016)
Banks
may
check objects put in safe deposit boxes, by
Bibek Subedi (kp 18/03/2016)
For
the
first time, forex reserves top Rs1 trillion
(kp 17/03/2016), Forex
reserve
swells to over Rs 1 trillion (ht 17/03/2016)
[inflation at 11.3pc],
Inflation
still
at 11.3% despite end of blockade: BOP surplus at
Rs 154.5 billion, by Sagar Ghimire (rep
17/03/2016)
Government
plans
policy to promote banking habit: An NRB study
shows 18 percent of the Nepali people have
absolutely no access to financial services while
more than 21 percent take loans from money
lenders (kp 17/03/2016)
Remittances
and
microfinance Risks, hurdles and opportunities,
by Bhubanesh Pant (ht 16/03/2016)
NRB
raising
more domestic debt to finance reconstruction,
dev works (rep 16/03/2016)
Banks
find
few takers for loans to rebuild quake-hit
houses: Bankers attribute the low demand
for the credit to ‘complicated procedure’
(kp 13/03/2016)
Issuance
of
LC surges with end of embargo (kp
09/03/2016)
Earthquake
victims:
Banks seek permission to disburse grants, by
Bibek Subedi (kp 09/03/2016)
Shrestha,
Siwakoti
named deputy governors of NRB, by Bibek
Subedi (kp 03/03/2016)
Capital
requirement
hike for MFIs in offing: Move aimed at limiting
the number of Micro Finance Institutions (kp
29/02/2016), We
are
under int'l pressure to cut paid-up capital
deadline: NRB chief; IMF has already recommended
the central bank to take corrective action
against BFIs that miss deadline, by Sagar
Ghimire (rep 29/02/2016)
NIBL
reaches
another milestone (ht 27/02/2016)
Bank
lending
surges by Rs40b as embargo ends (kp
25/02/2016)
Fuel
shortage,
power cuts compel many BFIs to reduce banking
hours (rep 23/02/2016)
NRB
shelves
plan to set threshold for cash transaction,
by Sagar Ghimire (rep 19/02/2016)
Expanding
Financial
Frontiers Challenge Fund launched (ht
18/02/2016)
Profit
of
banks surges by 25 per cent (ht 15/02/2016),
Banks
profit
remains unaffected by recent turmoil, by
Santosh Pokhrel (rep 17/02/2016)
NRB
blocks
Rs 500m in dividends to Nabil int'l shareholder,
by Sagar Ghimire (rep 15/02/2016)
Prabhu,
Grand
start joint ops after merger (kp 13/02/2016)
Creation
of
infrastructure dev bank recommended (kp
10/02/2016)
Prabhu
Bank
set to start joint operation after merger with
Grand Bank (rep 10/02/2016)
Sudden
rise
in bank lending surprises many: Indicates risk
od bad debt piling up, by Sagar Ghimire (rep
08/02/2016)
Credit
demand
picks up of late (ht 06/02/2016)
Rural
farm
communities lack banking services, by Janak
Nepal (kp 03/02/2016)
NRB:
Problem
BFIs lack cash to repay depositors (kp
01/02/2016)
NRB’s
term
deposit oversubscribed by 3.5 times (ht
29/01/2016)
Bank
lending
drops by half as firms flounder (kp
27/01/2016)
Civil
Bank,
ILFC initiate merger process (ht 26/01/2016)
NRB
launches
economic revival fund of Rs 100 billion (ht
25/01/2016)
NRB:
No
reporting from BFIs about credit to quake-hit,
by Prithvi Man Shrestha (kp 24/01/2016)
Extended
load
shedding hours: BFIs struggle to deliver
uninterrupted service, by Shankar Acharya
(ht 24/01/2016)
Credit
growth
plunges to four-year low (ht 23/01/2016)
Money
at
fingertips. Mobile financial services enhance
the access of rural people to remittance
services, by Dutta Shree Duwadi (Khanal) (kp
22/01/2016)
Front
urges
banks not to call loans, interests (ht
21/01/2016)
A
robust microfinance sectorFor lowering poverty,
by Bhubanesh Pant (ht 20/01/2016)
NRB,
ministry
at odds over labour bank plans (kp
19/01/2016)
No
national
treatment to foreign banks: Lawmakers (kp
19/01/2016)
MPs
seek
amendments to new bill on BAFIA (kp
18/01/2016)
Nepal
is
board member of AIIB: For Nepal, a new bank
formed at the initiative of cash-rich China can
be additional source of finance for
infrastructure sector (kp 17/01/2016), Nepal
elected
to AIIB board of directors: FinMin hails launch
of the new international development bank as a
timely and wise decision (ht 17/01/2016), Courting
cash:
Nepal should make the most of its membership of
China-backed bank (kp 20/01/2016)
Banks
expect
high profits despite crisis: Increased
investment to cover rising cost of businesses
and trend of providing extra loans to pay
interest boost outlook (kp 16/01/2016)
Tight
laws
in offing against banking fraud, by Prithvi
Man Shrestha (kp 15/01/2016)
Central
bank
allows borrowers to defer loan payment,
restructure credit (ht 15/01/2015)
Kumari
Bank,
NCC Bank sign merger pact (kp 14/01/2016), Kumari,
NCC,
four dev banks to merge (ht 14/01/2016)
Finance
minister
to attend inaugural meeting of AIIB (ht
13/01/2016)
Private
sector
seeks extension of default period for borrowers
(ht 13/01/2016)
MoF
to
handle NRB’s job of raising domestic debt,
by Rupak D. Sharma (ht 12/01/2016)
Bill
bars
NRB guv from joining BFIs after retiring, by
Prtihvi Man Shrestha (kp 11/01/2016)
Tarai
urest,
Indian blockade may hit bank's quarterly results,
by Sagar Ghimire (rep 11/01/2016)
Rs
112
bn loanable funds sitting idle (ht
31/12/2015)
SMEs
get
2.6pc of total loans: NRB (kp 30/12/2015)
Parliament
ratifies
AIIB’s Articles of Agreement (kp 29/12/2015)
Credit
demand
reduces to half (ht 26/12/2015)
BoK,
Lumbini
Bank sign MoU for merger (kp 25/12/2015)
Financial
illiteracy
hits access to finance (ht 25/12/2015)
Banks
recover
interest from available credit of borrowers:
Amid Tarai unrest and India’s trade embargo,
businesses are finding it hard to generate
enough cash flow to service loans, by
Prithvi Man Shrestha (kp 21/12/2015)
Cheque
clearance
volume down 30pc (kp 08/12/2015)
Financial
stability:
Is capital hike a remedy?, by Pralhad Giri
(ht 01/12/2015)
5
financial institutions announce merger (kp
28/11/2015)
NRB
tightens
controls on exchange of IC, by Jitendra Sah
(kp 20/11/2015)
Central
bank
to mop up Rs 5 billion today (ht 18/11/2015)
Credit
of
over Rs 500 million to be issued as consortium
loan (ht 17/11/2015)
BFIs
told
to create contingency plans (kp 16/11/2015)
Bank
counters
at customs points to remain open during
festival: NRB also directs MFIs to deposit one
per cent of their net profit in Client
Protection Fund (ht 11/11/2015)
UNNATI
inks
technical agreement with 13 BFIs (ht
07/11/2015)
Financial
inclusion:
Challenges remain, by Bhubanesh Pant (ht
06/11/2015)
Central
bank
relaxes loan repayment provisions (ht
28/10/2015), NRB
brings
relief for borrowers (ht 28/10/2015)
After
merger,
NMB Bank formally starts operations (kp
19/10/2015), Five
merged
entities begin operation as NMB Bank (ht
19/190/2015)
NBA
tells
banks not to engage in loan ever-greening,
by Prithvi Man Shrestha (kp 18/10/2015)
Requests
for
loan rescheduling on the rise: Bankers, by
Prithvi Man Shrestha (kp 17/10/2015)
Credit
growth
dips due to quakes, protests in Tarai (ht
16/10/2015)
Alternative
investment
funds Private equity pooling, by Krishna Raj
Parajuli (ht 14/10/2015)
BFIs
unlikely
to post impressive results in Q1, by Rupak
D. Sharma (ht 13/10/2015)
Central
bank
plans stricter control of cooperatives (kp
12/10/2015)
Issuance
of
LCs more than halves, by Shankar Acharya (kp
10/10/2015)
Nepal
Bank
to issue rights shares (kp 10/10/2015)
NRB
to
bring relief package for borrowers (ht
09/10/2015)
3
state-backed banks reopen 127 branches outside
Capital (kp 07/10/2015)
Branchless
Banking
Points in quake-hit districts (ht
06/10/2015)
BFIs
need
Rs228 billion to meet paid-up capital
requirement (kp 05/10/2015), Country’s
paid-up
capital requirement lowest in SAsia (ht
05/10/2015)
Financial
status
of merged BFIs ‘improved in third year’: The NRB
study states non-performing loans, ratios of net
profit against net asset, net profit against
equity and loan against dividend have decreased
in most of the entities (kp 03/10/2015)
FNCCI
seeks
extension to loan repayment deadline (kp
01/10/2015)
Central
bank
approves merger of NMB Bank (kp 01/10/2015),
NMB
Bank
receives merger approval (ht 01/10/2015)
Banks
face
cash shortage in Tarai, by Prithvi Man
Shrestha (kp 26/09/2015), RBB,
Gaighat
faces cash crunch (ht 26/09/2015)
Central
bank
tells BFIs to make recapitalisation plan public
(ht 25/09/2015)
Machhapuchchhre
and
Janata banks to merge (kp 23/09/2015)
Foreign
JV
banks seek more time, by Rajesh Khanal (kp
19/09/2015)
Central
bank
introduces new CPI basket (ht 18/09/2015)
‘Directive
to
hike capital will stay’ (kp 17/09/2015)
Deposit
and
credit guarantee: DCGC to be converted into
autonomous fund, by Prithvi Man Shrestha (kp
14/09/2015)
Nepal
Rastra
Bank mulls over banning lawmakers from joining
BFIs’ board, by Rupak D. Sharma (ht
12/09/2015)
Banks
have
unclaimed dividends worth Rs1.77b (kp
06/09/2015)
Hike
in
paid-up capital requirements for banks: House
panel urged not to intervene (kp
04/09/2015), Banks
lobby
for deadline extension (kp 06/09/2015)
NRB
tells
BFIs not to issue cash dividends (kp
20/08/2015)
Labour
bank
under BAFIA in offing (ht 17/08/2015)
FinMin
Mahat
urges BFIs to invest in rural marketsFinMin
Mahat urges BFIs (kp 14/08/2015)
ICICI
releases
over Rs 785m to Nepal Investment, Laxmi Bank
(ht 13/08/2015)
Capital
Hike: A Hard Nut To Crack, by Uttam Maharjan
(rn 13/08/2015)
Anyone
can
soon extend loan on movable assets, by Rupak
D. Sharma (kp 03/08/2015)
Term
deposit
rate rises to 1.87pc (ht 03/08/2015)
Proposed
rehabilitation
fund: NRB to study needs to ascertain fund size,
by Prithvi Man Shrestha (kp 02/08/2015)
Excess
liquidity
with BFIs down to Rs50b (kp 01/08/2015), Excess
liquidity
in banking sector drops to Rs 59bn:
Interest rates on interbank lending and money
market instruments have started to go up
gradually (ht 01/08/2015)
New
monetary
policy: Paid-up capital hike, by Jagadish
Prasad Bist and Adarsh Raj Joshi (ht 29/07/2015),
Monetary
Policy For FY 2015-16: Increasing Paid-up
Capital A Big Challenge, by Uttam Maharjan
(rn 30/07/2015), Ways
To Increase Paid-up Capital In BFIs, by
Alysa Ghimire (rn 01/08/2015), BFIs
told
to submit plan by mid-Sept (kp 07/08/2015)
‘Hike
in
capital requirements to strengthen banks’,
by Min Bahadur Shrestha (kp 27/07/2015)
Financial
intermediaries
told to convert into MFIs (kp 25/07/2015)
Monetary
Policy:
Old wine in new bottle (ht 24/07/2015)
Banks’
paid-up
capital to be raised four fold, by Prithvi
Man Shrestha (kp 24/07/2015), NRB
raises
bank capital requirement to Rs 8 billion:
Four-fold hike triggers stock market rally but
creates discontent among bankers, by Rupak
D. Sharma (ht 24/07/2015)
NRB
to
ensure easier loans in affected areas, by
Rajesh Khanal (kp 24/07/2015)
Rs20b
paid-up
capital set for planned infra bank (kp
24/07/2015)
NRB
eases
forex access for importers (kp 24/07/2015)
Disaster
recovery
tops agenda (kp 23/07/2015)
BFIs
should
be under central control: Bankers (kp
22/07/2015), Constitutional
provision
on BFIs irks central bank (ht 22/07/2015)
Lending
slows,
deposits soar as borrowers wary (kp
21/07/2015)
NRB
faces
two-pronged challenge of attaining 6pc growth,
controlling inflation, by Rupak D. Sharma
(ht 20/07/2015)
Govt
unsure
how to form infra dev bank, by Prithvi Man
Shrestha (kp 18/07/2015)
With
excess
liquidity at Rs 126 bn, deposit rates to remain
suppressed, by Rupak D. Sharma /ht
18/07/21015)
One
bank
account for each household (kp 15/07/2015)
Banks
fail
to get counter guarantee amount, by Prithvi
Man Shrestha (kp 12/07/2015)
NIBL
to
launch housing loan scheme (ht 08/07/2015)
Bankers
ask
for solution to excess liquidity, by Prithvi
Man Shrestha (kp 04/07/2015)
Development
bond
yields fall to all-time low, by Rupak D.
Sharma (ht 03/07/2015)
Nepal
acquires
stake in China-led AIIB, by Rupak D. Sharma
(ht 30/06/2015)
Rs
432.92m
disbursed under agro loan scheme, by Pushpa
Raj Acharya (ht 27/06/2015)
Farmers
not
getting credit even at higher rate: NRB report
(rep 27/06/2015)
FinMin
to
put initials on statute of AIIB (ht
27/06/2015)
Projects
affectewd
by earthquake: BFIs allowed to extend repayment
deadline (kp 25/06/2015), NRB
brings
relief package for borrowers, BFIs: Offers debt
restructuring facility, deferment in payback
period (ht 25/06/2015)
BFIs
have
Rs38 billion credit at risk: NRB, by Prithvi
Man Shrestha (kp 22/06/2015)
Financial
sector
faces Rs26b business losses (kp 21/06/2015)
NRB
report
on macro economy: BoP surplus doubles, thanks to
remittance (kp 20/06/2015)
Daily
deposit
flow has tripled since April 25 temblor: With
credit growth stagnant, deposit and credit rates
may come down hitting economy, by Rupak D.
Sharma (ht 19/06/2015)
NRB’s
dividend
payments could drop due to quake (kp
18/06/2015)
Quake
hits
lending, excess liquidity tops Rs 100 billion,
by Prithvi Man Shrestha (kp 16/06/2015)
NRB
to
float bonds for overseas migrants, NRNs (ht
16/06/2015)
Temblor
may
pose risk to financial sector stability: World
Bank (ht 12/06/2015)
Citizens
Saving
Bonds undersubscribed: People more attracted to
investment avenues with chances of better
returns (ht 11/06/2015), Returns
on
development bonds continue to fall (ht
12/06/2015)
NMB
Bank
SGM okays merger plan (kp 08/06/2015)
Development
bonds
oversubscribed: Bids worth Rs 42.24 billion
received, return falls to 3.44pc (ht
05/06/2015)
Concessional
Reconstruction
Loan Scheme: An Overview, by Uttam Maharjan
(rn 04/06/2015)
Subsidised
home
loans: Commercial building owners ineligible:
NRB (kp 31/05/2015)
Will
higher
investment in bonds crowd out private sector
lending?, by Rupak D. Sharma (ht 30/05/2015)
NRB
sells
Rs 710m worth of saving bonds (ht
30/05/2015)
NRB’s
development
bonds oversubscribed (ht 29/05/2015)
NRB
issues
guideline on concessional home loan: Banks to
extend credit to quake-hit at annual interest
rate of two pc (ht 28/05/2015), Positive
initiative:
The committee’s directive is binding to the
government. The victims need the money urgently
as they have to build the shelters before
monsoon (ht 29/05/2015)
Banks
ready
to allocate Rs 110b: NBA (kp 25/05/2015), NBA
floats
idea of credit package for quake victims (ht
25/05/2015)
The
rebuilding
process: Role of NRB and banks, by Amir
Thapa (ht 25/05/2015)
NRB
seeks
feedback for reconstruction guideline: Draft has
floated plan for 10-year payback period on
concessional home loans for quake victims,
by Pushpa Raj Acharya (ht 22/05/2015)
NRB
to
raise domestic debt of Rs 52.75 billion (ht
22/05/2015)
Easy
loans
‘only for uninhabitable houses’, by Prithvi
Man Shrestha (kp 21/05/2015)
Govt
to
raise internal loans after 10-month gap (kp
18/05/2015)
Demand
for
lockers at banks swells, by Sanjeev Giri (kp
15/05/2015)
Central
bank
awaits BFIs’suggestions on concessional home
loan facility (ht 14/05/2015)
Earthquake
victims
to get loans at 2pc: NRB planning to introduce
subsidised loans for homeowners, by Sanjeev
Giri (kp 07/05/2015)
Bankers,
property
owners fear collateral damage, by Prithvi Man
Shrestha (kp 05/05/2015)
Banks
raise
lending rates as CD ratio tightens, by Rupak
D. Sharma (ht 22/04/2015)
Bank
rejects
land near border as collateral, by Bhawani
Bhatta (kp 21/04/2015)
NRB
to
mop up Rs 3 billion through outright sale
auction (ht 21/04/2015)
Melamchi
counter-guarantee
row: Patan court rules in favour of Melamchi,
by Prithvi Man Shrestha (kp 20/04/2015), Banks
to
appeal against order to pay counter guarantee
(kp 21/04/2015), HBL,
BoK
to move apex court to halt guarantee payment
(ht 21/04/2014)
DRT
gets
108 loan recovery requests in nine months
(kp 20/04/2015)
Liquidation
of
BFIs: Central bank to get more teeth, by
Sagar Ghimire (rep 20/04/2015)
10
firms
get NRB nod to print banknotes (kp
13/04/2015)
NRB
set
to mop up Rs 5bn from BFIs: High levels of
excess liquidity have been reported since
beginning of this fiscal (ht 09/04/2015)
Loan
growth
fuels liquidity fears (kp 05/04/2015)
NRB
open
to promote gems, jewelry biz (kp
05/04/20ß15)
NRB
revises
directive on loan-loss provisioning (ht
02/04/2015)
MoF
says
labour bank can be operated under BAFIA (ht
02/04/2015)
Lenders
drive
hard bargain with banks (kp 01/04/2015)
NRB
declares
LFL ‘problematic’ (ht 01/04/2015)
Goals
for
the governor: Chiranjeevi Nepal has five years
to change financial regulations and incentivise
financial institutions, by Sujeev Shakya (kp
31/03/2015)
Central
bank
suspects loans misuse, by Prithvi Man
Shrestha (kp 30/03/2015)
Central
bank
unmoved by bankers’ pressure, by Prithvi Man
Shrestha (kp 29/03/2015)
Nepal
Rastra
Bank’s new regulation likely to dampen business
sentiment (ht 27/03/2015)
NRB
governor
urges BFIs to adopt self-regulation (ht
27/03/2015)
NBL
gets
independent CEO after eight years (ht
27/03/2015)
NRB
to
exit NCC only after launching merger process,
by Prithvi Man Shrestha (kp 26/03/2015)
NRB
has
Rs 1 billion stuck in troubled BFIs, by
Prithvi Man Shrestha (kp 22/03/2015)
MFIs
told
to get credit report before lending (kp
19/03/2015), Now
micro-finance
development banks must share credit info with
CIB (rep 19/03/2015)
NRB
governor
selection: Race enters home stretch:
Recommendation criteria ‘finalised’ n Committee
discusses probable names, by Anil Giri and
Prithvi Man Shrestha (kp 18/03/2015) [Long live the non-inclusive
state!! All of them are male Bahuns!], Nepal,
Adhikari,
Kafle on shortlist, by Prithvi Man Shrestha
(kp 19/03/2015), Nepal
appointed
new NRB governor, by Prithvi Man Shrestha
(kp 20/03/2015), Chiranjeevi
Nepal
new NRB governor: To assume office next week;
Expected to give continuity to positive steps
taken by Khatiwada, by Rupak D. Sharma (ht
20/03/2015), Khatiwada
did
a commendable job in maintaining financial
stability (ht 20/03/2015), Challenges
ahead (ht 20/03/2015), Bringing
stability,
enforcing good governance, by Prithvi Man
Shrestha (kp 21/03/2015), New
governor
vows to crack down on fraud (kp 23/03/2015),
New
governor
inherits a mixed bag of challenges,
opportunities, by Sagar Ghimire (rep
27/03/2015)
Capital
flows:
Implications and policy responses, by
Bhubanesh Pant (ht 18/03/2015)
All
BFIs
to extend agro loans at subsidised rate (ht
18/03/2015)
CIT
to
collect funds from Nepalis residing abroad
(kp 17/03/2015)
BFIs
asked
to add another loan type (kp 14/03/2015)
Nepal
Rastra
Bank mops up Rs 5bn from banking sector (ht
13/03/2015)
Financial
crime:
‘Involvement of staff, directors key challenge’
(kp 12/03/2015)
If
you
give peanuts,you will only get monkeys: NRB
Governor: Says international firms should be
permitted to conduct external audits of banks
and financial institutions (ht 12/03/2015)
NRB
to
probe foreign exchange accounts, by Prithvi
Man Shrestha (kp 06/03/2015)
NRB:
Submit
status of foreign funding (kp 02/03/2015)
Committee
formed
to select NRB governor (ht 25/02/2015)
Financial
Anomaly Grips Nation, by Narayan Upadhyay
(rn 18/02/2015)
Guv
asks
banks to hike interest rates on deposits (kp
17/02/2015)
NRB
for
reimbursing remittance commission, by
Prithvi Man Shrestha (kp 16/02/2015)
Hiked
inter-bank
rates point towards looming credit crisis,
by Rupak D. Sharma (ht 14/02/2015)
Sakchyam
partners
two banks (ht 11/02/2015)
Maintain
uniform
exchange rates in remittance: NRB (kp
10/02/2015), NRB
revises
rule on remittance business management (ht
10/02/2015)
Excess
liquidity
in banks drops to Rs 2b (kp 05/02/2015)
NRB
wary
of rise in cases of multiple banking (ht
05/02/2015)
NBL
starts
looking for new CEO: Public notice issued asking
qualified candidates to apply (ht
03/02/2015)
‘Financial
sector
must undergo further reforms': From a
development perspective, the banking system
performs significant role (ht 31/01/2015)
Cheque
clearing
charges are back (kp 31/01/2015)
Prabhu
set
to acquire Grand Bank (kp 30/01/2015), Prabhu
decides
to take over Grand Bank (ht 30/01/2015)
NRB
allows
banks to sell gold directly to traders: Bars
federations of gold and jewellery dealers from
charging commission for issuing recommendations
(ht 28/01/2015)
Arun
Finance
is crisis-ridden (kp 27/01/2015), RB
declares
Arun Finance 'problematic' (ht 27/01/2015)
Rastriya
Banijya
Bank golden jubilee: RBB announces steps for
financial inclusion (kp 25/01/2015), RBB’s
golden
jubilee observed in Capital (ht 25/01/2015)
All
about
money: With support from banking and financial
institutions, Nepal can turn into a nation of
responsible debtors, by Sachin Piya (kp
23/01/2015)
Lending
growth
rate exceeds deposit expansion: Remittance
income rose minimally, while credit demand
remained robust in five-month period (ht
22/01/2015)
NRB
to
seek clarification from Grand Bank, by Rupak
D. Sharma (ht 15/01/2015)
BFIs
extend
over Rs 300bn to central bank, by Rupak D.
Sharma (kp 14/01/2015)
NRB
to
soften rules to help banks meet goal (kp
12/01/2015)
NBA
unhappy
with latestcentral bank directive (ht
12/01/2015)
‘Un-blacklisted
borrowers
cannot be denied loans’ (kp 12/01/2015)
RBB
offers
agro loans at 5 percent interest (kp
10/01/2015)
Banijya
Bank
to go public this FY (kp 05/01/2015)
NRB
allows
opening yuan bank accounts (kp 05/01/2015)
Banks
may
face liquidity problem (ht 02/01/2015)
Banks
deny
subsidized farm loans, cite procedural unclarity,
by Sagar Ghimire (rep 02/01/2015) |