Articles & Updates
“Governor Provides Clarification on Monetary Policy 080-81’s Point 106”
The Governor of Nepal Rastra Bank has cleared up any confusion about point 106 of the newly revealed monetary policy. This point pertains to the review of the current risk weightage for share/securities loans, real estate loans, and higher purchase loans disbursement. In simpler terms, the bank is reevaluating how much risk is involved in […]
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Kamana Sewa Bikas Bank unveils new loan schemes with 12.12% interest
Kamana Sewa Bikas Bank has recently introduced new loan schemes with an attractive interest rate of 12.12%. These schemes offer customers the opportunity to access various types of loans, including home loans, MSME loans (Micro, Small, and Medium Enterprises), and EV loans (Electric Vehicle loans), all at a reduced interest rate compared to standard loan […]
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“Gold Sets New Record at Rs. 1,13,600 per Tola in Nepal, Silver Price Also on the Rise”
Gold has reached a new record high in Nepal, with the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reporting that it is being traded at Rs. 1 lakh 13 thousand 600 per tola. This represents an increase of Rs. 500 compared to the previous day’s price. Just a day before, on Jestha 19, […]
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“Significant Decline in Real Estate Transactions in Nepal during FY 2079/80, Delay in Opening Land Allotment Impacts Economy”
In the last financial year 2079/80, there was a significant decrease in real estate transactions, according to data from the Department of Land Management and Archive. The purchase and sale of land dropped by approximately 38%, resulting in a decrease in the number of processed documents for real estate transactions. In the financial year 2078/79, […]
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“Nepal Rastra Bank to Publicize Monetary Policy for Fiscal Year 2080-81, Governor’s Return Coincides with Announcement”
The Nepal Rastra Bank (NRB) is preparing to announce the monetary policy for the ongoing fiscal year 2080-81, which is expected to be publicized by the end of the first week of Shrawan. Narayan Prasad Pokhrel, the Deputy Spokesperson and Information Officer of NRB, revealed in a phone conversation with Sharesansar that the central bank […]
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“Inland Revenue Department (IRD) Falls Short of Revenue Target, Collecting Rs. 4 Kharba 80 Arba in Last Fiscal Year”
The Inland Revenue Department (IRD) faced a shortfall in revenue collection for the last fiscal year, collecting a total of Rs. 4 Kharba 80 Arba. This amount fell 23 percent below the target set at Rs. 6 Kharba 26 Arba. Furthermore, the revenue collected was Rs. 3 Arba less than the previous year’s collection (2078/79). […]
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Decrease in Interbank Interest Rate Indicates Heightened Liquidity in Nepal’s Banking System
The banking sector in Nepal has recently witnessed a decrease in the interbank interest rate, indicating an increase in liquidity within the system. According to data provided by Nepal Rastra Bank, the interbank interest rate of banks has fallen below 1 percent. Specifically, on Ashad 27, the interbank interest rate remained stable at 0.83 percent. […]
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Gold Price Surges by Rs. 800 per Tola in the Domestic Market; Silver Also Rises by Rs. 40 per Tola
Today, the price of gold has experienced an increase of Rs. 800 per tola in the domestic market. As reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 112,400 per tola, whereas yesterday it was maintained at Rs. 111,600 per tola. […]
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Radhi Sana Hydropower Project’s 4.4 MW Capacity Put on Hold Due to Flood Damage
The Radhi Sana Hydropower Project, with a capacity of 4.4 MW and owned by Radhi Bidyut Company Limited (RADHI), has come to a halt due to flooding. The recent flood and landslide on Ashad 22 caused significant damage to the project’s headworks and head race pipe, resulting in the suspension of energy production. Located in […]
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58,000 Promoter Shares of Janaki Finance Company Up for Auction Today
Starting from today, the existing promoters of Janaki Finance Company Limited (JFL) are offering 58,000 units of shares for auction to the general public and institutions. Previously, the founder shareholders had announced the auction of these 58,000 units of promoter shares on a different date, but no applications were received. As a result, the […]
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