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Archive Banks 2002-2003


Archive

2004

2002-2003

2000-2001


current events

StanChart launches new scheme (ht 27/12/2003)

Govt allows postal saving banks for banking service (kp 25/12/2003)

NBL claims making Rs 315m profit this FY (kp 24/12/2003), NBL’s reforms going fine, claims J Craig McAllister (ht 24/12/2003)

NRB introduces monetary and institutional changes (kp 18/12/2003), Commercial banks get more autonomy (ht 18/12/2003)

RBB to earn profits from mid-June 2004 (kp 16/12/2003)

Govt to sell 51 pc shares of PRDB (kp 15/12/2003)

First quarter banking performance: Volume of accrued interest up, liquid fund squeezes (kp 13/12/2003)

Repayment of Debt Must Not be Made a Subject of Debate, by Rajendra Khetan (sp 12/12/2003)

Business community condemned for flaying black list directives (kp 01/12/2003)

Consortium financing in need of guidelines, by Buddhi Akela (kp 28/11/2003)

Business leaders condemn NRB policy (pr 27/11/2003)

Commercial banks deny smaller loans: Small businessmen affected (kp 16/11/2003)

IC reserve slips to seven year low: No need to worry: NRB, by Prem Khanal (kp 15/11/2003)

NRB Report: Mixed Picture (Spotlight, 14/11/2003)

Banking sector’s NPA alarming: Rawal (Himalayan Times, 13/11/2003)

Towards leaner banks, by L D Mahat (Kathmandu Post, 12/11/2003)

Banking system’s health: Govt’s top priority (Kathmandu Post, 24/10/2003)

Western zonal rural bank to float shares (Himalayan Times, 14/10/2003)

Shifting of banks affect farmers, local trade (Kathmandu Post, 10/10/2003)

Development banks in tough spot (Himalayan Times, 08/10/2003)

‘Nepal has good banking prospects’ (Kathmandu Post, 08/10/2003)

NB Bank launches ATM service (Kathmandu Post, 30/09/2003)

NBL contract likely to be extended (Kathmandu Post, 27/09/2003)

Costing in banking industry, by L D Mahat (Kathmandu Post, 24/09/2003)

Central bank tightens blacklisting procedures (Kathmandu Post, 19/09/2003)

Bringing the Bank to the Village, by David Kruger (Telegraph, 10/09/2003)

Lumbini Bank posts profit in FY 2002/03 (Kathmandu Post, 25/08/2003)

NBL management on wrong track again (People's Review, 21/08/2003)

Banking deposits see robust growth in four decades (Kathmandu Post, 21/08/2003)

Dissolution of banks or change in their management? by Devendra Pratap Shah (People's Review, 31/07/2003), Foreign-managed banks in a taxpayer’s view, by Shovan Dev Pant (Himalayan Times, 01/08/2003)

Taxing sick banks, by L D Mahat (Kathmandu Post, 30/07/2003)

Business community turned off by Nepal Bank’s bias (People's Review, 17/07/2003)

Shifting focus on retail banking, by L D Mahat (Kathmandu Post, 02/07/2003)

Credit defaulting (Kathmandu Post, 28/06/2003)

RBB axe falls on defaulters, by Prem Khanal (Kathmandu Post, 27/06/2003)

In IMF terms (Himalayan Times, 26/06/2003)

NRB to issue Govt bonds equivalent Rs 6 b soon (Kathmandu Post, 21/06/2003)

Marketing financial services, by Chandra Thapa (Kathmandu Post, 18/06/2003)

ADB/N performs well (Kathmandu Post, 12/06/2003)

Loan loss provision rises notably (Kathmandu Post, 11/06/2003)

NRB’s effort to reform commercial banks, by Santosh Pandey (Kathmandu Post, 10/06/2003)

Banking loans up by 10 pc (Kathmandu Post, 04/06/2003)

Errant banks face NRB takeover (Himalayan Times, 24/05/2003)

NCCB to extend service in three major cities (Kathmandu Post, 22/05/2003)

NRB, DTT commence talks (Kathmandu Post, 21/05/2003), NRB-DTT talks end inconclusively (Kathmandu Post, 23/05/2003)

Banking Sector Reforms In Nepal-I: Implications for Corporate Governance, by Yuba Raj Khatiwada (Telegraph, 30/04/2003)
See also part 2 (07/05/2003), part 3 (14/05/2003)

Unhealthy competition in banking sector on the rise (Kathmandu Post, 28/04/2003)

Rural banking for development, by Santosh Pandey (Kathmandu Post, 28/04/2003)

NRB to guide LBL for another year (Kathmandu Post, 25/04/2003)

RBB revival: NRB and govt should take responsibility, by Narayan B Nakarmi (Space Time Today, 12/04/2003)

Efficiency in financial sector, by Chandra Thapa (Kathmandu Post, 03/04/2003)

NBL future under NMT: Reality needs to be scrutinised properly, by Narayan B Nakarmi (Space Time Today, 29/03/2003)

NRB to provide Rs 100m to tea sector, by Milan Mani Sharma (Kathmandu Post, 28/03/2003)

NRB freezes dollar accounts of 15 Gold Quest agents, by Kulchandra Neupane (Kathmandu Post, 28/03/2003)

Nepal’s financial sector study: World Bank team’s wrong assessment, by Deepak Adhikari (Space Time Today, 27/03/2003)

Central Bank threatens stern action against DTT (Kathmandu Post, 13/03/2003)

Bank closure leads to emergence of saving mobilisation committees (Kathmandu Post, 11/03/2003)

Forex reserve crosses over Rs 107 billion (Kathmandu Post, 11/03/2003)

Managing banking risks, by Chandra Thapa (Kathmandu Post, 09/03/2003)

WB expert team arrives for central bank reform, by Pranav Bhattarai (Spacve Time Today, 07/03/2003)

NRB tightens screws on micro-credit dev banks, by Milan Mani Sharma (Kathmandu Post, 25/02/2003)

Banking sector in Nepal, by Uttam Maharjan (Space Time Today, 17/02/2003)

Nepali banks’ incompetence cause for flourishing hundi (Kathmandu Post, 15/02/2003)

Political deadlock delays Central Bank’s reform, by Pranav Bhattarai (Space Time Today, 11/02/2003)

NRB finalises formation of supporting mgmt group (Kathmandu Post, 11/02/2003)

Attention, please!, by Suman Ghimire (Space Time Today, 10/02/2003)

NB Bank selected as PDF administrator (Kathmandu Post, 07/02/2003)

Mid-western RDB running in loss (Kathmandu Post, 04/02/2003)

Competing with foreign professionals, by Atma Shrestha (Kathmandu Post, 01/02/2003)

Locals deprived of banking service (Kathmandu Post, 03/01/2003)

Rastra bank closes branch in Katari (Space Time Today, 28/12/2002)

RBB take-over (Kathmandu Post, 23/12/2002)

Capital account convertibility, by Raghab D. Pant (Himalayan Times, 16/12/2002)

Promoters caused near-collapse of Lumbini Bank, by Prem Khanal (Kathmandu Post, 13/12/2002)

NRB gives 24-hour ultimatum to Landsberg (Kathmandu Post, 10/12/2002)

What ails our banking sector ?, by Chandra Thapa (Kathmandu Post,09/12/2002)

Expanding Financial Market: Depositors' Preference, by Gandhi Raj Kafle (Rising Nepal, 08/12/2002)

Superior Customer Service Is The Only Way Forward For Banks, interview with Suman Joshi, Chief Executive Officer and Director of Laxmi Bank Limited (Spotlight, 06/12/2002)

NRB rules down NCB proposal (Kathmandu Post, 06/12/2002)

NRB to issue audit policy to non-banking institutions, by Milan Mani Sharma (Kathmandu Post, 02/12/2002)

NPL plagues banks and economy, by Chandra Thapa (Kathmandu Post, 30/11/2002)

Non-performing assets: They must be brought down to acceptable levels, by Narayan B Nakarmi (Space Time Today, 29/11/2002)

NBL directs Golchha group to pay debts worth nearly Rs 2 billion, by Yadu Devkota (Space Time Today, 22/11/2002)
See also editorial Dealing with bad loans (Space Time Today, 23/11/2002)

Laxmi Bank signs TSA with HN Bank (Kathmandu Post, 17/11/2002)

A worrying factor in banking industry, by L D Mahat (Kathmandu Post, 13/11/2002)

Making CB service remunerative: Compensation package and salary structure must to improve NRB, by Lila Prakash Sitaula (Space Time Today, 09/11/2002)

Nepal-Bank of Ceylon changes name (People's Review, 19/09/2002)

Future of financial institutions, by Bishwambhar Neupane (Kathmandu Post, 03/09/2002)

Not banking on reforms (Nepali Times, 30/08/2002)

Decade low growth of source and use of banking fund (Kathmandu Post, 24/08/2002)

NRB proposes new scheme for RBB mgmt (Kathmandu Post, 13/08/2002)

Some CRR issues, by Nara Bahadur Thapa (Kathmandu Post, 13/08/2002)

NRB plans to hand over 11 cooperatives to SFDB (Kathmandu Post, 05/08/2002)

Karki new NBL chief (Kathmandu Post, 02/08/2002)

Assessing NRB’s new monetary policy, by Nara Bahadur Thapa (Kathmandu Post, 31/07/2002)
See also part 2 (01/08/2002)

Rising defaults bring RBB on verge of collapse, by Prem Khanal (Kathmandu Post, 30/07/2002)
See also RBB chief resigns (Kathmandu Post, 31/07/2002), NRB takes over RBB management, by Prem Khanal (Kathmandu Post, 02/08/2002)

NRB’s new directives to development banks soon, by Milan Mani Sharma (Kathmandu Post, 29/07/2002)

NRB’s monetary policy draws flak, by Bhaskar Sharma (Kathmandu Post, 25/07/2002)

Fate of Cooperative Bank hangs on balance (Kathmandu Post, 24/07/2002)

Development banks seek relaxation on draft directives (Kathmandu Post, 23/07/2002)

NRB mulls action against errant finance companies (Kathmandu Post, 22/07/2002)

NRB unveils monetary policy for FY 2002/03 (Kathmandu Post, 17/07/2002)
See also Monetary Policy: Fiscal Measures, by Bhagirath Yogi (Spotlight, 19/07/2002)

BoC asked to arrange loan loss provisioning (Kathmandu Post, 16/07/2002)

NRB amends finance companies directives, by Milan Mani Sharma (Kathmandu Post, 16/07/2002)

ADB/N performs well for two straight years (Kathmandu Post, 13/07/2002)

NRB issues new directives (Kathmandu Post, 13/07/2002)

Crisis in public sector commercial banks, by Yogendra Timilsina (Kathmandu Post, 06/07/2002)

Bank of Ceylon gets green signal to divest from Nepal (Kathmandu Post, 02/07/2002)

Challenges to banking sector, by Bishwambhar Neupane (Kathmandu Post, 25/06/2002)

NRB to provide loans for shallow tube wells (Kathmandu Post, 17/06/2002)

Himalaya Bank to launch HBL Bond-2066 (People's Review, 13/06/2002)

Nepal-Bangladesh Bank marks 8th anniversary (People's Review, 13/06/2002)

Bank loan recovery unsatisfactory in Gorkha (Rising Nepal, 10/06/2002)

The role of Central Bank, by Roop Jyoti (People's Review, 30/05/2002)

Credit card, easy payments, by Chandra Thapa (Kathmandu Post, 25/05/2002)

I Am Confident Things Will Be Resolved In The Near Future: And The Economy Will Continue To Grow (Spotlight, 24/05/2002)
Interview with Prithivi Bahadur Pande

NRB endorses new policies, by Milan Mani Sharma (Kathmandu Post, 22/05/2002)

Nepal Indosuez Bank to convert to Nepal Investment Bank (People's Review, 02/05/2002)

NBL mgmt hand-over deal to be signed soon (Kathmandu Post, 02/05/2002)

Rural bank disburses Rs. 2.77 B (Rising Nepal, 28/04/2002)

Increasing responsibility of NRB, by Gunakar Bhatta (Kathmandu Post, 26/04/2002)

ICC to take over Nepal Bank management (People's Review, 25/04/2002)

Essence of financial business, by Chandra Thapa (Kathmandu Post, 24/04/2002)

NRB okays National Cooperatives Bank: NCB to operate within 3 months, by Milan Mani Sharma (Kathmandu Post, 23/04/2002)

Technology and banks, by L. D. Mahat (Kathmandu Post, 17/04/2002)

DTT commits to takeover RBB mgmt (Kathmandu Post, 16/04/2002)

NRB seeks clarification from Bank of Ceylon, by Milan Mani Sharma (Kathmandu Post, 06/04/2002)

Banijya Bank contract in dilemma (People's Review, 04/04/2002)

NRB intervened in forex market due to low liquidily (Rising Nepal, 30/03/2002)

New NRB act affects small tea farmers in Mechi, by Milan Mani Sharma and Lila Baral (Kathmandu Post, 27/03/2002)

Credit Agricole Indosuez: In Search Of Justice (Spotlight, 22/03/2002)

NRB dissolves BoD of LBL: Constitutes 3-member committee (Kathmandu Post, 21/03/2002)

NRB gives green signal to CAI on share divestment, by Bijay Ghimire (Kathmandu Post, 21/03/2002)

Central bank appoints panel to oversee NBL (Kathmandu Post, 16/03/2002)

Financial reforms and credit rating agency, by Bhubanesh Pant (Kathmandu Post, 15/03/2002)

NBL board suspended (Kathmandu Post, 15/03/2002)

NRB to issue new directives , by Milan Mani Sharma (Kathmandu Post, 13/03/2002)

CAI withdrawal hits new snag: Threatens to simply denounce mgmt contract, by Yubraj Ghimire and Bhaskar Sharma (Kathmandu Post, 13/03/2002)

Intention to dissolve NBL board flayed (Kathmandu Post, 09/03/2002)

Agricultural Development Bankof Nepal: Banking On Reforms, by Sanjaya Dhakal (Spotlight, 08/03/2002)
See also It Is Not That Nepalese Cannot Undertake Reform By Themselves (Spotlight, 08/03/2002)
Interview with Devendra Pratap Shah, Chairman cum General Manager of the Agricultural Development Bank of Nepal (ADBN)

NRB asks private bank chief to quit, by Milan Mani Sharma (Kathmandu Post, 26/02/2002)

NRB effort needs some appreciation, by Santosh Pandey (Kathmandu Post, 26/02/2002)

Experts lament over regulatory weaknesses (Kathmandu Post, 25/02/2002)

NRB to invite ICC Bank for NBL (Kathmandu Post, 24/02/2002)

New NRB policy to overhaul capital base, by Milan Mani Sharma (Kathmandu Post, 12/02/2002)

WRDB to be privatised (Kathmandu Post, 09/02/2002)

Something is rotten……with the state of commercial banking in Nepal, by Binod Bhattarai (Nepali Times, 08/02/2002)

NCB to be established by April first week, by Maina Dhital (Kathmandu Post, 02/02/2002)

Salvaging RBB (Kathmandu Post, 02/02/2002)

Nepal Rastra Bank amends LC directives: Sets a new ceiling for BCI, by Milan Mani Sharma (Kathmandu Post, 27/01/2002)

No exit for Indosuez? by Binod Bhattarai (Nepali Times, 25/01/2002)

NDF-2002 Pre-Consultative Meet: NRB draws flak from experts Anomalies in financial sector blamed (Rising Nepal, 24/01/2002)

Central bank: Putting it on track, by Jaya Shankar Maharjan (Kathmandu Post, 23/01/2002)

Capital adequacy is going to be a problem.. (Nepali Times, 18/01/2002)
Interview with Himalaya Sumshere Rana, chairman, Himalayan Bank

NRB directives flayed: Governor promises "positive" changes (Kathmandu Post, 16/01/2002)

Under WB pressure, two commercial banks to go private, by Prem Khanal (Kathmandu Post, 13/02/2002)
See also editorial Ailing banks (Kathmandu Post, 14/01/2002)

Deposits of Himalayan Bank Ltd up 24.5 % (Rising Nepal, 12/02/2002)

Rastra Bank issues new directives (Kathmandu Post, 09/01/2002)

With CRR, Bank Rates Slash: NRB Braces To Revamp Economy, by Rajkumar K.C (Rising Nepal, 03/06/2002)

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