Category/business-economy (Total Articles : 81 )
NRB Report Financial Status of Nepal Rastra Bank Fiscal Year 2079/080
The net profit of Nepal Rastra Bank has increased by 41.34 percent in the financial year 2079-80. During that period, the profit of the Central Bank, which has a paid-up capital of 5 billion, has reached the height of 87.6 billion 37 million 45 thousand...
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NRB Report : Nepal Rastra Bank net profit is 87.6 billion Fiscal Year 2079/080
NRB made a profit of Rs 87.60 billion in FY 2022/23; Rs 25 billion to be allocated for govt. The Nepal Rastra Bank (NRB) is said to allocate Rs 25 billion from its profit of the last fiscal year (FY) for the Government of Nepal.
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How many notes are there in Nepal ?
6 trillion 40 billion Bank notes across the countryNepal has its currency. The Nepal currency’s name is the Nepalese Rupees. Would it be fantastic to go on trips without worrying about money? It would, but we live in a capitalist world that...
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Monetary policy review 2080/081 by CBFIN's recommendations
Kathmandu. Nepal Rastra Bank quarterly review of monetary policy. Confederation of Banks and Financial Institutions Nepal (CIBIFIN) has given various suggestions for the review of monetary policy.These are CBFIN's recommendations 1. The provisions...
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Current state of the economy and monetary policy of Nepal - Maha Prasad Adhikari, Governor
Economic activity has been affected due to the increase in prices in the international market, disruptions in the supply chain and slackness in overall demand. According to the National Statistics Office, last year's economic growth rate will be limited to 1.86 percent. The World Bank...
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ADB and Bangladesh between One billion USD loan agreement
Kathmandu A loan agreement worth more than one billion US dollars was signed between the Bangladesh government and the Asian Development Bank (ADB) on Tuesday. The loan will help Bangladesh improve energy efficiency, ensure vaccine supply security, develop clean drinking water and information technology (IT)...
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How much liquidity in the commercial banks of Nepal ? What is the plan to maintain liquidity Center Banks of Nepal
Kathmandu. After more liquidity in the banking system, banks have invested in the deposit collection equipment of Nepal Rastra Bank at 1 percent interest rate. After the inter-bank interest rate fell below 2 percent due to excess liquidity in the banking system, the National Bank...
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Microfinance companies profits has decreased, Find the Financial Reports of FY 2079/080
Kathmandu. Due to the increase in bad loans, the profits of most microfinance companies have declined. According to the details up to the first quarter of the current financial year published by microfinance, the profits of 18 companies are negative. In the period up to...
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Banks of Nepal profit comparison in first quarter 2080/081 : NIMB Vs Nabil and Global IME Bank with as Himalayan and Prabhu Bank are more Aggressive
Kathmandu. Among the operating commercial banks, Nepal Investment Mega Bank (NIMB) has earned the highest profit. The first quarter financial statements of the current financial year 2080/81 published by the banks on Friday showed this. According to the details, NIMB is ahead in terms of...
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'SIM Swap Fraud' scams in India : 8 million Indian rupees lost from the bank account after a missed call on the mobile phone
Kathmandu. A lawyer in the capital of India, New Delhi, has become a victim of a 'phone hacking scam' or a 'SIM swap' incident. An unauthorized person gained access to the SIM card in the woman's name and stole 50 lakhs (Rs 80 lakhs) from...
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Turkey's central bank hikes interest rate by 35% to control inflation
Kathmandu. Turkey has increased the bank interest rate to 35 percent. Earlier it was 30 percent. Turkey's currency, which is moving in the opposite direction to the principles of economy, is the weakest in history. Turkey's central bank hiked interest rates again on Thursday, pressing...
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Hydropower companies rights shares are being issued as 11 billion worth
Kathmandu. 11 companies related to different sectors are preparing to issue rights shares. 10 hydropower companies and one development bank are waiting for the permission of the Nepal Securities Board (SEBON) for the issuance of rightful shares in the pipeline. According to which, those companies...
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Gold prices highest recorded in Nepal, Per tola is 1 lakh 16 thousand rupees
Kathmandu. A new record has been set in the price of gold in the market. Gold prices set a new record on Friday. According to the Nepal Gold and Silver Traders Federation, today the price of gold has reached 1 lakh 16 thousand rupees.
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Nepal's economic growth will be limited to 0.8% - IMF
Kathmandu. The International Monetary Fund (IMF) has predicted that Nepal's economic growth will be limited to 0.8 percent in 2023. Last April, the IMF predicted that Nepal's economic growth would be 4.4 percent in 2023. The IMF has projected that it will be reduced...
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Challenges in the Nepalese economy but there is great potential for economic growth: Haruhiko Kuroda, Former Governor of the Bank of Japan
Kathmandu. Haruhiko Kuroda, the former governor of the Japanese central bank, Bank of Japan, has said that although there are some challenges in Nepal's economy, there is great potential for economic growth. Kuroda, who is also the former chairman of the Asian Development Bank, said...
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