Sunday, September 19, 2021

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Payment limits for mobile banking have been increased, while withdrawal limits for prepaid cards have been reduced.

The Nepal Rastra Bank (NRB) has increased the amount of money that can be transferred through mobile banking. The central bank increased the limit on money transfers from one bank account to another, as well as from one wallet...

Investors deliver a letter to the NRB outlining their 18-point demand.

The Share Market Reform Struggle Committee has delivered a memorandum to the Nepal Rastra Bank (NRB) requesting that the Rs 120 million limit on margin lending, which was imposed by the NRB through monetary policy, be removed from effect. On...

Following the monetary policy, the NEPSE plummeted by 24 points, with a total transaction value of more than Rs 21 billion

On Sunday, the first trading after the Nepal Rastra Bank unveiled its monetary policy, the NEPSE index fell by double digits. On this day, the index fell by 24.57 points, limiting it to 3154.34 points. It is believed that...

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 Rastra Bank removes dollar exchange ceiling to make oxygen cylinder import easier

The Nepal Rastra Bank has lifted a currency exchange cap in order to facilitate the import of oxygen cylinders and other medical supplies required to help the country overcome the Covid-19 crisis. A business or entity can exchange up...

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