December 09 2009 Last updated 9:36 pm
. Nepal Financial Forum on Banking, Investment and Remittance in Nepal was organised at the Nepali Embassy in London on Wednesday. In the programme organised by the Britain Nepal Chamber of Commerce (BNCC), issues related to Nepal’s emerging banking system,… बाँकी अंश »
The 25 commercial banks have boosted their deposits, net profits and lending in the third quarter of this year. The third quarterly report of the Nepal Rastra Bank (NRB), the central monetary regulatory body, mentions that the national banks continue… बाँकी अंश »
Nepal Rastra Bank (NRB) has taken over the management of Bank of Kathmandu (BoK) by suspending the latter’s board, following confusion that arose with deepening disputes among promoters of the bank. An emergency board meeting of the central bank Tuesday… बाँकी अंश »
The government failed to spend resources in the development works as capital expenditure tumbled by 15.9 percent to Rs 14.7 billion in the first eight months of the current fiscal year (FY) compared to the same period last year against… बाँकी अंश »
Six commercial banks are waiting for the go-ahead from Nepal Rastra Bank (NRB) to go into business. There are presently 26 commercial banks in the country, with one of them KIST Merchant Bank obtaining its permit recently. According to NRB… बाँकी अंश »
Nepali currency vis-Ã -vis US dollar strengthened over the week, as decline in demand of greenback resulted its depreciation against the Indian currency, with which Nepali rupee is pegged. Drop in the price of gold in the international market also dragged… बाँकी अंश »
Inflation in the eighth month of the current fiscal year, Falgun (mid-February to mid-March), dropped slightly from 13.7 percent the previous month to 13.1 percent, Nepal Rastra Bank said Monday. In Poush (mid-December to mid-January), inflation stood at 14.4 percent.… बाँकी अंश »
The rising prices of consumer goods indicate that tough days lie ahead. Prices of basic commodities are in steady double digit growth mode this year. According to Nepal Rastra Bank (NRB), overall consumer price in eight months of this fiscal… बाँकी अंश »
The rising prices of consumer goods indicate that tough days lie ahead. Prices of basic commodities are in double digit growth mode this year. According to Nepal Rastra Bank (NRB) governor Dipendra Chhetri, overall consumer price in eight months of… बाँकी अंश »
The government has formed a five-member committee headed by Constituent Assembly member Hari Roka to monitor and recommend the actions against willful defaulters. A cabinet meeting took the decision to this effect on Wednesday. The committee includes deputy governor of… बाँकी अंश »