Tag Archives: #NRB

Kathmandu, May 27 According to the Nepal Rastra Bank, the economy has grown more active as a result of the local elections. The Nepal Rastra Bank made these observations while releasing the third quarterly monetary policy review. The Bank of Nepal has indicated that since the risk of Covid-19 infection has decreased, economic activity has begun to grow. The current …

Kathmandu, May 27 NRB, Nepal’s central bank, presented its third quarterly review report for the current fiscal year on Friday. Other instruments, such as interest rates, will be utilized to preserve general economic stability by decreasing existing pressures in the internal and external sectors, according to the study. According to the analysis, interest rates in the market may increase much …

Kathmandu, May 25 Former Deputy Governor Chintamani Shiwakoti has been appointed, as has former Executive Director Dr. Shankar Prasad Acharya. According to a Ministry of Finance official, Shiwakoti and Acharya were chosen as directors at a cabinet meeting on Tuesday. The official stated, ”The letter of appointment has not yet been sent to them.” ”A choice has been made.” Shiwakoti …

Kathmandu, May 10 The pension of retired people would be paid solely from the bank account of Nepal Rastra Bank. The bank has asked the concerned workers to open an account within a month and provide the necessary information to the NRB branch in question since payment would be made only from banks in accordance with procedure 2079. The bank …

Kathmandu, May 9 On Monday, the Nepal Rastra Bank (NRB) will auction Rs 20.18 billion in treasury bills. The bank will make the treasury bill public on Tuesday, and it will be auctioned at 3 p.m. in an open competitive procedure. Within that time frame, interested investors or bill purchasers should have applied. The bank has set aside Rs 7.10 …

Kathmandu, April 29 On Saturday, the Real Time Gross Settlement (RTGS) system will be available. The Nepal Rastra Bank (NRB) announced on Friday that the facility for paying interest on VICA 2088 and 2079 E will be open on Saturday. The service, however, will only be available for two hours, from 10 a.m. to 12 p.m., according to the bank.

By Muna Chand Kathmandu, April 29 As the hearing on a case filed by Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari against the government’s decision did not completed at the Supreme Court on Thursday, the hearing on the petition has been scheduled for Friday as well. Even though the division bench of SC Justices Sapana Pradhan Malla and Tanka …

By Muna Chand Kathmandu, April 26 Today, the Supreme Court (SC) is hearing the writ petition filed by Governor Maha Prasad Adhikari of Nepal Rastra Bank. The writ petition would be heard by a joint bench of Justices Sapana Malla and Tanka Bahadur Mokta. The government suspended Adhikari on April 8. On April 20, the Supreme Court issued a short-term …

By Karuna Thapa Kathmandu, April 20 After returning to work, Nepal Rastra Bank Governor Maha Prasad Adhikari stated the order came in favor of the system. The Supreme Court granted an interim order on Tuesday prohibiting the governor from implementing the ruling right away. He said the order was in his favor by system, not his when he returned to …

By Muna Chand Kathmandu, April 19 A hearing of the writ petition filed against the suspension of the Governor of the Nepal Rastra Bank (NRB), Maha Prasad Adhikari is scheduled for Tuesday. Governor Adhikari, who had been suspended, had filed a writ petition on Sunday, demanding an interim order reversing the government’s decision. Adhikari will be reappointed to the NRB …