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Nepal’s financial sector overhauls legislation and considers digital banking

KATHMANDU: The High-Level Coordination Committee Meeting in the financial sector has undertaken a comprehensive review of the subsidized loan program’s effectiveness. Under the leadership of Finance Minister Prakasharan Mahat, the committee is determined to enhance the efficiency of this program. This decision comes in response to a study report...

Nepal’s financial sector overhauls legislation and considers digital banking
Surendra Raj Regmi has been appointed as the Senior DCEO of Global IME Bank

Surendra Raj Regmi has been appointed as the Senior DCEO of Global IME Bank

Nepal’s economy set to soar with 4.3% growth forecast for FY2024 – ADB

Nepal’s economy set to soar with 4.3% growth forecast for FY2024 – ADB

Banks challenge government’s tax provisions in Supreme Court

Banks challenge government’s tax provisions in Supreme Court

Financial sector flexes Its competitive muscles with varied deposit interest rates

Financial sector flexes Its competitive muscles with varied deposit interest rates

Conflict of Interest: Taskforce urges swift separation of family members in cooperative roles

Conflict of Interest: Taskforce urges swift separation of family members in cooperative roles

APG report on Nepal’s anti-money laundering measures launched, advising high-level commitment

APG report on Nepal’s anti-money laundering measures launched, advising high-level commitment

NRB gears up for the licensing era transforming Nepal’s banking sector

NRB gears up for the licensing era transforming Nepal’s banking sector

Nepal Rastra Bank resumes internal remittance services after seven-month hiatus

Nepal Rastra Bank resumes internal remittance services after seven-month hiatus

Nepal’s subsidized loan programs face scrutiny as government unveils fresh approach

Nepal’s subsidized loan programs face scrutiny as government unveils fresh approach

Nepal’s BFIs increase investments in real estate loans

Nepal’s BFIs increase investments in real estate loans

NRB made adjustments to the cap on working capital loans intended for manufacturers

NRB made adjustments to the cap on working capital loans intended for manufacturers

Nepal’s central bank intensifies actions against risk categorization and loan loss provision

Nepal’s central bank intensifies actions against risk categorization and loan loss provision

NIA grants permission for right share issuance to eight insurers to boost paid-up capital

NIA grants permission for right share issuance to eight insurers to boost paid-up capital

BFIs lending to private sector slows amid economic challenges

BFIs lending to private sector slows amid economic challenges

Companies doing transaction less than Rs 10 million can now pay VAT on quarterly basis

Companies doing transaction less than Rs 10 million can now pay VAT on quarterly basis

Nepal faces Rs 585 billion annual shortfall for SDGs investment

Nepal faces Rs 585 billion annual shortfall for SDGs investment

Social Security Fund extends coverage to vulnerable informal workers in Nepal

Social Security Fund extends coverage to vulnerable informal workers in Nepal

Nepal’s IPO landscape transformed: cabinet approves modified securities rules

Nepal’s IPO landscape transformed: cabinet approves modified securities rules

USAID, GoN joint portfolio review strengthens partnership and collaboration

USAID, GoN joint portfolio review strengthens partnership and collaboration

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