News Nepal Bank deposits: NRB bond auction oversubscribed nearly 49-fold amid excess liquidity with BFIs
KATHMANDU, Dec 30: Banks and financial institutions (BFIs), flushed with excessive liquidity amid weak credit demand, have shown overwhelming interest in Nepal Rastra Bank (NRB) bonds, submitting ...
News Nepal Bank deposits: Bagmati records highest share of deposits and loans of BFIs
KATHMANDU, Jan 2: Bagmati Province holds the largest share of deposits and loans among banks and financial institutions (BFIs).
News Nepal Bank deposits: NRB removes a number of restrictions on distribution of cash dividends by BFIs to their shareholders
KATHMANDU, August 3: Nepal Rastra Bank (NRB) has removed the ceiling on the cash dividends that the banks and financial institutions (BFIs) provide to their shareholders.
News Nepal Bank deposits: Banks may have to review interest rates monthly
With central bank hiking the rate for funds injected into the banks, it wants the increased cost to pass on to borrowers.
News Nepal Bank deposits: Regulator for fewer banks to improve their efficiency
Nepal has 27 commercial banks, 17 development banks, 17 finance companies, 66 micro finance institutions, and one infrastructure development bank.
News Nepal Bank deposits: Nepal Cooperative Bank Ltd proposed to operate as second cooperative bank
KATHMANDU, Feb. 7 -- Nepal Cooperative Bank Limited (NCBL), has stepped up preparations to receive the operating license from Nepal Rastra Bank, claiming it has to deal with the financial matters of around 30,000 cooperatives operating across the country.Provided the NCBL receives the central bank's approval, it will be the second financial institution of its kind. As of now, only National Cooperative Bank Limited has been working in this...
News Nepal Bank deposits: Government goes after delinquent hotels and casinos
With regard to money owed by Casino Nepal housed at the Soaltee Hotel ... Moreover, they are required to deposit an amount equivalent to a year’s royalty fee at the Tourism Ministry as a bank ...
News Nepal Bank deposits: Banks decide to increase interest rate on deposits by one point percent citing tight liquidity
KATHMANDU, Feb. 12 -- Banks are increasing the interest rate on deposits citing the tight liquidity position in the country's banking system.Nepal Bankers' Association (NBA) through a meeting on Friday decided to raise the interest rate on deposits by one point percent. In the revised rate, the umbrella organization has maintained the ceiling of 11.03 percent on the fixed deposits for the individual clients.The upper limit of the interest rate...
News Nepal Bank deposits: Nepal Bangladesh Bank to facilitate online fixed deposit accounts
One of the commerical banks in Nepal, Nepal Bangladesh Bank is set to provide access to customers for opening online fixed deposit accounts. The bank released a press release on Monday regarding the ...
News Nepal Bank deposits: Central bank allows banks to use local unit funds for productive sector lending
Amid an acute shortage of loanable funds in the banking sector, the Nepal Rastra Bank on Monday opened the door for commercial banks to count upto 80 percent of the reserve funds of the local ...
News Nepal Bank deposits: Central bank says more deposits, less in loan sign of improving liquidity
Despite getting indications of looming foreign exchange depletion as early as April, the central bank waited for the situation to self-improve.
