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Banks gave away Rs 13 billion interest waiver to borrowers during COVID-19 pandemic

KATHMANDU: Banks and Financial Institutions (BFIs) have given interest waiver of around Rs 13 billion to the borrowers during the COVID-19 pandemic in line with the directive of the Nepal Rastra Bank (NRB). According to the Nepal Bankers ‘Association (NBA), the umbrella organization representing 27 commercial banks of the...

Banks gave away Rs 13 billion interest waiver to borrowers during COVID-19 pandemic
NRB raises daily limit for internet, electronic payments

NRB raises daily limit for internet, electronic payments

Central bank to take action against BFIs breaching spread rate requirements

Central bank to take action against BFIs breaching spread rate requirements

NIBL to introduce mobile banking, wallet app ‘Thaili’

NIBL to introduce mobile banking, wallet app ‘Thaili’

NRB to mop up Rs 20 billion liquidity from market next week

NRB to mop up Rs 20 billion liquidity from market next week

Mid-term review of Monetary Policy: NRB assures additional relief to pandemic-hit businesses

Mid-term review of Monetary Policy: NRB assures additional relief to pandemic-hit businesses

Base rate of commercial banks decline

Base rate of commercial banks decline

Banks witness decline in their profit by 2.26% on average

Banks witness decline in their profit by 2.26% on average

NRB starts on-site monitoring of banks and financial institutions

NRB starts on-site monitoring of banks and financial institutions

Ten more financial institutions affiliated to RTGS system

Ten more financial institutions affiliated to RTGS system

NRB allows BFIs to charge inter-bank ATM transactions from January 14

NRB allows BFIs to charge inter-bank ATM transactions from January 14

Bank promoters urge govt to issue broker license to banks

Bank promoters urge govt to issue broker license to banks

IPO of Nepal Infrastructure Bank from January 15

IPO of Nepal Infrastructure Bank from January 15

71 BFIs fail to hold AGM on time

71 BFIs fail to hold AGM on time

Prabhu Life Insurance concludes IPO allotment, half a million investors get 10 unit shares each

Prabhu Life Insurance concludes IPO allotment, half a million investors get 10 unit shares each

As NRB tighten cash dividends, banks focus on bonus share

As NRB tighten cash dividends, banks focus on bonus share

Nabil Bank proposes 35.26% dividend for 2019-20

Nabil Bank proposes 35.26% dividend for 2019-20

ADBL proposes 15% dividend for 2019-20 FY

ADBL proposes 15% dividend for 2019-20 FY

ICICI Bank of India opens representative office in Nepal

ICICI Bank of India opens representative office in Nepal

NMB Bank bags The Bank of the Year 2020 award

NMB Bank bags The Bank of the Year 2020 award

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