Tag Archives: #NRB

Desk By Karuna Nepal Rastra Bank is going to control the centralization of loans. The current financial year’s monetary policy has been disclosed by Mahaprasad Adhikari, governor of the Nepal Rastra Bank. At a press conference conducted today at the Central Bank’s Baluwatar headquarters, the monetary policy has been announced. The refinancing option provided during the Corona period has been …

Desk by Karuna The Tribhuvan International Airport will allow up to 200 US dollars in exchange for Nepali nationals traveling abroad. According to a report in Kantipur Online, the Nepal Rastra Bank issued a notification allowing money exchangers authorized to trade foreign currency to offer this service. Only authorized money changers will now offer this service at Tribhuvan Airport for …

Desk By Karuna The Rastra Bank’s Governor, Maha Prasad Adhikari, is claimed to be a member of the CPN-UML’s Finance and Planning Department. The CPN-Maoist Center has demanded an inquiry into this claim. Rekha Sharma, a member of the UCPN (Maoist) Central Committee, stated that the governor could not be a part of any party’s department and that the topic …

Desk By Karuna For monetary policy, the Nepal Rastra Bank has requested suggestions and opinions. In accordance with the Nepal Rastra Bank Act 2058 BS, the bank has requested opinions and recommendations from the relevant parties before making the monetary policy for the fiscal year 2079–2080 BS public. The Rastra Bank has been given complete authority to develop and carry …

Desk by Muna The Confederation of Banks and Financial Institutions Nepal (CBFIN) has suggested the NRB to maintain the loan-to-deposit ratio (CD ratio) at 95 percent. Speaking at a press conference in Kathmandu on Thursday about the monetary policy suggestions for the coming fiscal year, the confederation said that the existing CD ratio should be maintained at 95 percent and …

Desk By Karuna The refinancing facility in the export company should continue, according to the Federation of Export Entrepreneurs. Ram Bahadur Gurung, the president of the federation, called Maha Prasad Adhikari, the governor of the Nepal Rastra Bank, on Sunday and demanded that the provision for refinancing in the export business be retained in the monetary policy. Chairman Gurung said …

Kathmandu, June 20 The Nepal Rastra Bank will offer Rs. 15 billion in development bonds. The development bonds will be issued for a five-year term, according to a statement released by the central bank today. Banks and financial institutions, non-bank financial institutions, insurance companies, organizations, and Nepalese citizens will be eligible to buy the bonds, and the interest rate will be …

Kathmandu, June 13 The number of mobile banking customers has exceeded 1 crore 76 as of the mid-Baishak of the current fiscal year. As of the 31st of Baishakh, the number of users of such mobile banking services has reached 1 crore 76 lakh 76 thousand 259, according to a report released by Nepal Rastra Bank on Monday. This represents …

Kathmandu, June 8 The Nepal Association of Tour and Travel Agents (NATTA) has encouraged the Nepal Rastra Bank to adopt monetary policies that are beneficial to the tourist industry. On Tuesday, a committee led by NATTA Chairman Ramesh Thapa met with the Governor of Nepal Rastra Bank Maha Prasad Adhikari and proposed a monetary strategy to help the tourist industry recover …

Kathmandu, May 29 The Nepal Rastra Bank will offer Rs 23.13 billion in treasury notes. On Monday, the bank will sell bonds through a competitive bidding procedure to raise the required short-term loan to the government. For a period of 28 days, the bank would offer treasury bills worth Rs 2 billion. The treasury bill is due to maturity on …