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Saturday, September 25, 2021
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    Central bank

    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...

    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 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...

    Cryptocurrency trading and mining declared illegal by Nepal Rastra Bank

    According to the Nepal Rastra Bank, cryptocurrency trade and mining are prohibited in the country and are therefore penalised (NRB). According to the Foreign Exchange (Regulation) Act, 2019, any type of cryptocurrency trading or mining is prohibited in the country....

    Despite the impact of COVID-19, Nepal’s foreign commerce grew rapidly in the first month of the current fiscal year

    Despite the impact of COVID-19, Nepal's international commerce increased by 79.71 percent in the first month of the current fiscal year 2021-2022, which began in mid-July, according to data from the Department of Customs. Exports increased by 115.85% year on...

    Nepali Rupee is pegged with Indian Rupee. Is the fixed exchange rate beneficial?

    The Nepalese rupiah is linked to the Indian rupee. Nepal's neighbour, India, accounts for the majority of the country's trade. As a result, India is our largest trading partner. Furthermore, Nepalese and Indian people have special ties that go...

    The current scenario argues that agricultural soft loans should be monitored.

    Despite the fact that the government is expanding its investment in agriculture, the promised results are still a long way off. One of the State's attempts to support the agriculture industry is the establishment of soft credit provisions. According to...

    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 made electornic payments mandatory for cooperatives and microfinance institutions

    Electronic payment systems are also required for cooperatives and microfinance institutions. Today, the central bank announced its monetary policy for the current fiscal year, stating that electronic payments will be favoured in cooperatives and microfinance. According to the monetary policy,...

    Nepal Rastra Bank will investigate the possibility of issuing digital currency

    We have good news for Nepali Crypto Currency Enthusiasts! According to the media reports on Friday, as the usage of electronic currency (cryptocurrency) grows around the world, Nepal's central bank has stated that it will investigate the issues that relate...

    Latest News

    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...