Nepal’s banking sector is coming under increasing pressure following a series of attacks on bank employees, raising serious concerns about financial stability, depositor confidence, and the broader economy.While attacks on bank employees have been increasing for several years, the most...
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Kathmandu – Nepal Rastra Bank’s prior approval is no longer required for all types of foreign investment to enter the country. The Nepal Rastra Bank has made a provision through the Nepal Rastra Bank Foreign Investment and Foreign Debt Management Regulations, 2078 (Fifth Amendment) that...
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KATHMANDU: Nepal’s commercial banking sector reported a strong rebound in profitability in FY 2081/82, with 20 commercial banks collectively earning Rs 71.51 billion in net profit — a growth of 43.39 percent compared to the previous fiscal year’s Rs 49.87 billion. The profit jump signals...
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Kathmandu. Himalayan Bank Limited (HBL) reported a net profit of Rs 1.51 billion for the full fiscal year 2081/082 (ending mid-July 2025). According to the financial statement, the bank earned a profit of Rs 1.51 billion in the last fiscal year....
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Reliance Spinning Mills Limited has been issuing 9,24,768 units of IPO shares to the general public from 7th Poush, 2082. The early closing date of this issue is on the 11th Poush, 2082.Earlier, 1,15,596 units had already been issued and...
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Kathmandu. Himalayan Bank's core banking system has been disrupted within a month. Due to the problems in the system, service recipients who have been frustrated with the bank's app and online banking services have not only expressed their complaints on social media, but are also...
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Kathmandu. There are more than 600 branch offices of banks in Kathmandu alone. According to the statistics of the Nepal Rastra Bank, there are 1,319 branches of commercial banks, 277 branches of development banks and 94 branches of finance companies in the six metropolitan cities....
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Nepal Rastra Bank has started preparing to formulate AI-related rules for banks and financial institutions. With the rapid development of AI, new risks are also increasing in the financial sector, and the National Bank is preparing to formulate guidelines for the use of AI for...
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Kathmandu - Nepal Rastra Bank has earned a net profit of about 80.5 billion rupees in the fiscal year 2081/82. During the period, net income before foreign exchange and other asset revaluation gains/losses increased by 9.11 percent to 80.48 billion 26.50 million compared to the...
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Kathmandu. The earnings of commercial banks from stock trading have increased in double digits. In the last three months, banks have earned more than 2.5 billion rupees from stock trading. This is shown in the first quarter financial statements of the current fiscal year 2082-83...
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Kathmandu. Established in 1956 under the Nepal Rastra Bank Act of 1955, Nepal Rastra Bank (NRB) is entrusted with formulating the nation’s monetary policy, ensuring financial stability, regulating the banking system, and managing foreign exchange reserves. Over nearly seven decades, the central bank has evolved...
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Kathmandu. What are your complaints regarding banking services? Has any bank heard your complaints or not? Now, you can register your complaints regarding banking directly with Nepal Rastra Bank. The central bank has made arrangements for a separate officer for such work. According to Nepal...
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Kathmandu. The rapid expansion of digital banking in Nepal, the use of mobile banking, QR payments, digital wallets and artificial intelligence have provided convenience to customers, but have increased uncertainty in banking employment.International research firm McKinsey & Company has concluded...
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Kathmandu. As per the decision of the Board of Directors meeting of Sanima Bank held on 24 Kartik 2082 BS, Pawan Kumar Acharya has been appointed as the Chief Executive Officer with effect from 12 Magh 2082 BS.
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Kathmandu. Non-banking assets have increased at a high rate after the removal of the limit on collateralization by banks and financial institutions. As of Bhadra of the current fiscal year, non-banking assets worth Rs 50.75 billion have been seen, which is 61.73 percent more than...
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