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WB approves $80 million to strengthen financial sector, increase access to financial services

WASHINGTON: The World Bank’s Board of Executive Directors today approved an $80 million development policy credit for Nepal to strengthen the stability of the financial sector, diversify financial solutions, and increase access to financial services. The third Finance for Growth Development Policy Credit aims to improve the functioning of...

WB approves $80 million to strengthen financial sector, increase access to financial services
Shakeup in Nepali government as DRI director general transferred to MoFA

Shakeup in Nepali government as DRI director general transferred to MoFA

$5 bn Asian Development Fund replenishment agreed to support most vulnerable in Asia and Pacific

$5 bn Asian Development Fund replenishment agreed to support most vulnerable in Asia and Pacific

Swiss Investment Fund commits $10 million investment in Global IME Bank to boost Nepal’s economy

Swiss Investment Fund commits $10 million investment in Global IME Bank to boost Nepal’s economy

Farm Insurance Claims Stall as Non-Life Insurers Await Government Subsidies

Farm Insurance Claims Stall as Non-Life Insurers Await Government Subsidies

Nepal Rastra Bank places 18 banks under watchlist for regulatory violations

Nepal Rastra Bank places 18 banks under watchlist for regulatory violations

Central bank flags governance lapses in commercial banks

Central bank flags governance lapses in commercial banks

Foreign investors commit Rs 30.09 billion capital injection in Nepal

Foreign investors commit Rs 30.09 billion capital injection in Nepal

Utilizing Nepal’s hydropower for crypto mining in Nepal: A sustainable approach

Utilizing Nepal’s hydropower for crypto mining in Nepal: A sustainable approach

Commercial Banks Lower Deposit Interest Rates for Baisakh

Commercial Banks Lower Deposit Interest Rates for Baisakh

Stock Analytics Software (SAS) revolutionizes Nepali share market

Stock Analytics Software (SAS) revolutionizes Nepali share market

Nepal Prime Minister holds consultation meeting ahead of third Nepal Investment Summit 2024

Nepal Prime Minister holds consultation meeting ahead of third Nepal Investment Summit 2024

Deposits in Nepali banks and financial institutions surge by 7.6%

Deposits in Nepali banks and financial institutions surge by 7.6%

Finance minister emphasizes efficient budget allocation in meeting with ministry officials

Finance minister emphasizes efficient budget allocation in meeting with ministry officials

Nepal’s consumer price inflation expected to remain elevated at 6.7% in FY24

Nepal’s consumer price inflation expected to remain elevated at 6.7% in FY24

Government plans to allocate Rs 436 billion for debt servicing in next fiscal year

Government plans to allocate Rs 436 billion for debt servicing in next fiscal year

‘Nepal’s growth rebounds despite low private investment, expected to reach 3.3% in 2024’

‘Nepal’s growth rebounds despite low private investment, expected to reach 3.3% in 2024’

Government bolsters efforts to establish second-tier institution for cooperative regulation

Government bolsters efforts to establish second-tier institution for cooperative regulation

Nepal and international financial institutions forge agreement on disbursement harmonization

Nepal and international financial institutions forge agreement on disbursement harmonization

Commercial banks slash base interest rates to single digits amid excess liquidity

Commercial banks slash base interest rates to single digits amid excess liquidity

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