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    banks and financial institutions

    Limits on digital transactions are eased under the Unified Directive on Payment Systems 2078

    The 'Unified Directive on Payment System - 2078' was released by Nepal Rastra Bank. The central bank has increased the maximum limit for transactions done using mobile and internet banking, as well as the maximum limit for remittances made...

    Investors are flooding into Nepal’s stock market in large numbers.

    Since the Nepalese Stock Exchange (NEPSE) first opened its trading floor in January 1994, the capitalization of the Nepalese equities market has been steadily increasing. Simply put, the overall market capitalization of NEPSE increased by nearly NRs. 3,76,871 million...

    Number of deposit accounts in Nepal rise upto 36 million (120% of the population)

    By mid-June, the number of depositors opening accounts in banks and financial institutions had risen to 36.36 million, according to the NRB. The NRB stated this on Friday when it released the ‘Study Report on Financial Access in Nepal.'...

    Development Banks ask for stockbroker license

    Development banks have asked the government to pave the way for them to get stockbroker license. The Development Bankers Association has written to the Securities Board of Nepal (SEBON) asking for brokerage service through their subsidiary offices, according to...

    Nepal Telecom’s earnings are declining as a result of the pandemic.

    The profit of Nepal Telecom fell in the fiscal year 2077-78. According to the telco's financial report, the company's total earnings decreased by more than 2.3 billion over the previous fiscal year. In fiscal year 2077-78, the company earned a...

    Nepal Rastra Bank setting up national payment switch

    In order to promote cashless transactions, the Nepal Rastra Bank (NRB) would establish a countrywide payment switch. In announcing the monetary policy on Friday, the NRB stated that the fiscal year 2022/23 will be designated as the year of promotion...

    Monetary Policy 2078-79 | Nepal Monetary Policy 2021-22

    NRB announces to promote FY 2021/22 as Electronic Transaction Promotion Year Nepal Rastra Bank has stated that fiscal year 2021/22 will be designated as an electronic transaction promotion year. On Friday, Governor of Nepal Rastra Bank Maha Prasad Adhikari outlined the...

    Nepal Monetary Policy 2021-22 to promote mega merger between banks and financial institutions

    The Nepal Rastra Bank (NRB) Board of Directors approved the monetary policy for the current fiscal year. Today, at 4 p.m., Governor Maha Prasad Adhikari will announce the monetary policy. According to NRB sources, the monetary policy for this year...

    Nepal Monetary Policy Expectations for Fiscal Year 2021/22

    Monetary policy is one of the primary tools used by central banks to ensure a country's economic and financial stability. Central banks modify the supply of money and market interest rates by establishing monetary policy in order to control...

    Fonepay ‘Gifts at QR, 100,000 every day’ programme launched

    ‘Gifts at QR, 100,000 per day,' has been launched by ‘Fonepay' for its merchants. The scheme was developed, according to the corporation, to encourage entrepreneurs around the country to make digital payments. The plan, which will run for three months...

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    Why Gagan Thapa’s candidacy for Congress — and other parties — could be a positive thing

    Gagan Thapa has opted to enter the race and put his name on the line. Thapa, a central member of...