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Banks slash interest rates amidst excess liquidity and economic slowdown

KATHMANDU: In a significant move over the past year, banks in Nepal have reduced their interest rates on loans by an average of 2.31 percentage points, and the trend shows no signs of reversing. This reduction comes in response to an overabundance of loanable funds, as banks struggle to...

Banks slash interest rates amidst excess liquidity and economic slowdown
Global IME Bank launches “Digital Universe” to offer most banking services online

Global IME Bank launches “Digital Universe” to offer most banking services online

Secured Transactions Bill passed

Secured Transactions Bill passed

Remittance inflows surge despite fewer Nepalis going abroad

Remittance inflows surge despite fewer Nepalis going abroad

Central Bank Intervenes with Rs 30 Billion Mop-Up to Stabilize Market

Central Bank Intervenes with Rs 30 Billion Mop-Up to Stabilize Market

Government conducts Rs 2.40 billion in cash transfers over one month

Government conducts Rs 2.40 billion in cash transfers over one month

Global IME Bank Launches ‘Digital Universe’

Global IME Bank Launches ‘Digital Universe’

NRB Reports Massive Rs 918 Billion Investment by Banks in Government Credit Instruments

NRB Reports Massive Rs 918 Billion Investment by Banks in Government Credit Instruments

IMF Expresses Concerns Over Slow Economic Reforms in Nepal

IMF Expresses Concerns Over Slow Economic Reforms in Nepal

HoR approves bill introducing digital currencies and age limits for bank directors

HoR approves bill introducing digital currencies and age limits for bank directors

Finance ministry prepares five-year strategy to avoid FATF greylisting

Finance ministry prepares five-year strategy to avoid FATF greylisting

Global IME Bank Honored with Infosys Finacle Process Innovation Award

Global IME Bank Honored with Infosys Finacle Process Innovation Award

Nepal faces lagging loan growth despite strong deposit collection

Nepal faces lagging loan growth despite strong deposit collection

NRB Governor Maha Prasad Adhikari Announces Flexible Monetary Policy for Next Fiscal Year

NRB Governor Maha Prasad Adhikari Announces Flexible Monetary Policy for Next Fiscal Year

Govt announces refund initiative for co-operative savers, introduces regulatory measures

Govt announces refund initiative for co-operative savers, introduces regulatory measures

Government unveils record Rs 1.860 trillion budget for fiscal year 2024-25

Government unveils record Rs 1.860 trillion budget for fiscal year 2024-25

Government sets ambitious economic growth rate targets at 6 pc for next fiscal year

Government sets ambitious economic growth rate targets at 6 pc for next fiscal year

Government outlines five strategies and priorities in budget for fiscal year 2024-25

Government outlines five strategies and priorities in budget for fiscal year 2024-25

Finance Minister Barshaman Pun to present annual budget for fiscal year 2024-25 today

Finance Minister Barshaman Pun to present annual budget for fiscal year 2024-25 today

Majority of Nepal’s Public Institutions Profitable, Reports Ministry of Finance

Majority of Nepal’s Public Institutions Profitable, Reports Ministry of Finance

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