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) |