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Nepal Rastra Bank revokes licenses of three remittance companies

KATHMANDU: Nepal Rastra Bank (NRB) has revoked the licenses of three remittance companies. According to the central bank, the decision was taken based on non-compliance with the Remittance Regulations. The remittance companies whose licenses have been canceled are Namaste Remit International Pvt. Ltd. (New Baneshwor), Modern Remittance Pvt. Ltd....

Nepal Rastra Bank revokes licenses of three remittance companies
Karnali Development Bank taken under NRB control amid financial crisis

Karnali Development Bank taken under NRB control amid financial crisis

Govt passes ordinance to amend cooperative act, proposes formation of National Cooperative Regulatory Authority

Govt passes ordinance to amend cooperative act, proposes formation of National Cooperative Regulatory Authority

Government resumes process for new stock exchange licenses amid controversy

Government resumes process for new stock exchange licenses amid controversy

Loan demand remains sluggish in Nepal, disappointing bankers post-festive season

Loan demand remains sluggish in Nepal, disappointing bankers post-festive season

Declining dividend rates of commercial banks in Nepal

Declining dividend rates of commercial banks in Nepal

Nepal Rastra Bank resumes services from rebuilt Thapathali office

Nepal Rastra Bank resumes services from rebuilt Thapathali office

Banks in Nepal halt further reduction in deposit interest rates

Banks in Nepal halt further reduction in deposit interest rates

WB approves $100 mln to support Nepal’s policy framework for development and growth

WB approves $100 mln to support Nepal’s policy framework for development and growth

Nepal’s economic trends: inflation, trade, and monetary shifts in focus

Nepal’s economic trends: inflation, trade, and monetary shifts in focus

Gorakh Shamsher Rana appointed CEO of Standard Chartered Bank Nepal

Gorakh Shamsher Rana appointed CEO of Standard Chartered Bank Nepal

Economic slowdown in Nepal: challenges in credit expansion and economic revival

Economic slowdown in Nepal: challenges in credit expansion and economic revival

NPEA and AmCham sign MoU to boost investment and economic development

NPEA and AmCham sign MoU to boost investment and economic development

80 companies apply for IPOs worth NPR 49.48 billion in Nepal

80 companies apply for IPOs worth NPR 49.48 billion in Nepal

Bitcoin soars past $100K as Trump nominates pro-crypto Atkin as next SEC chair

Bitcoin soars past $100K as Trump nominates pro-crypto Atkin as next SEC chair

Rising overdue interest in Nepal’s banks: A growing concern for financial stability

Rising overdue interest in Nepal’s banks: A growing concern for financial stability

Experts provide cybersecurity training to NMB Bank Managers

Experts provide cybersecurity training to NMB Bank Managers

NRB releases Q1 review of monetary policy

NRB releases Q1 review of monetary policy

NEA requests SEBON to block share issuance for industries with unpaid electricity dues

NEA requests SEBON to block share issuance for industries with unpaid electricity dues

Trust in Tatters: Khalti Wallet’s scandal exposes alarming breach of customer security

Trust in Tatters: Khalti Wallet’s scandal exposes alarming breach of customer security

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