Banking & Financial News (Total Posts : 59 )

Non-Banking Assets of Banks in Nepal Surpass Rs 50 Billion

Non-banking assets held by Nepal’s banks and financial institutions have climbed past Rs 50 billion as the sluggish economy has stalled loan recovery and property auctions. According to Nepal Rastra Bank (NRB), these assets reached Rs 50.56 billion by mid-July of the current fiscal year...

Top 10 largest banks in the world

When you flip through the list of the best banks in the world, one country repeatedly appears at the forefront, China. Be it central banks or commercial banks, Chinese banks have been establishing a strong presence in both sectors for decades. China's central bank, the...

The world's largest bank is China's Industrial and Commercial Bank

When we look at the list of the best banks in the world, China is at the forefront. Whether it is a central bank or a commercial bank, Chinese banks have been making a strong presence in both sectors for decades.

Startups soft loan scheme in Nepal : 600 startups got 886.6 million rupees soft loan

Nepal has a Startup Enterprise Loan Program providing collateral-free loans of up to NPR 2.5 million at a 3% subsidized interest rate. Approved under the "Startup Enterprise Loan Operation Procedure, 2081" (2024/025), the Industrial Enterprises Development Institute (IEDI) under the Ministry of Industry, Commerce and...

NRB reduced the risk weight of share mortgage loans to 100 percent (Monetary Policy Review full text)

Nepal Rastra Bank has reduced the risk weight of share-backed loans to 100 percent. The Nepal Rastra Bank, while making public the third quarter review of the monetary policy for the current fiscal year 2081/82, reduced the risk weight of share-backed loans by 25 percent...

Biswo Poudel as governor of NRB

Bishwa Poudel has been appointed as the governor. The cabinet meeting appointed Poudel as the governor of the central bank. Government spokesperson and Minister for Communications and Information Technology Prithvi Subba Gurung informed that Poudel has been appointed as the governor. The central bank has got...

Suyog Shrestha President of Development Bankers Association Nepal

Suyog Shrestha, CEO of Shangri-La Development Bank, has been re-elected as the President of the Development Bankers Association Nepal. The association’s 19th Annual General Meeting held in Pokhara on Thursday elected him as the President.Dinesh Thakali, CEO of Kamana Sewa...

Global Money Week-2025 “Think before you follow, wise money tomorrow”,

Global Money Week-2025 is scheduled from March 17 to 23, 2025. Themed “Think before you follow, wise money tomorrow”, GMW2025 highlights the importance for young people to develop sound money management skills, recognise emotional triggers, and develop a critical eye towards information sources.

Who became New Governor of Nepal : 18th Governor Race in Nepal Rastra Bank

Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari's 5 year tenure is completed, several aspirants have intensified lobbying to get the coveted position. Governor Adhikari is completing his term on 2025 April 6.The cabinet has formed a Governor Recommendation Committee under Minister for Finance Bishnu...

Financial Crimes and threats in Nepal : Nepal faces a variety of financial threats

Nepal faces a complex array of financial crimes, including money laundering, terrorist financing, corruption, cybercrime, and fraud, exacerbated by cross-border vulnerabilities and regulatory weaknesses.Nepal faces a variety of financial threatsFraud: A...