Friday, September 17, 2021

Nepal Rastra Bank (NRB)

In Karnali, cereal crop production is rising, but vegetable production is down.

According to a study, food crop output has grown while vegetable production has decreased in Karnali province. According to the Provincial Economic Activities Study Report, 2020/21, issued by Nepal Rastra Bank (NRB), the area under food crop cultivation in the...

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...

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...

Commercial banks are unable to meet the demand for loans to small and medium-sized businesses.

In the previous fiscal year, commercial banks failed to meet the lending requirement for small and medium-sized businesses. Commercial banks have disbursed such loans at a rate of 10.1 percent over the legal requirement of 11 percent, according to Nepal...

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 ensures that refinancing for pandemic-affected industry continues

The government has promised to continue refinancing coronavirus pandemic-affected industries and businesses in fiscal year 2021/22. The Nepal Rastra Bank (NRB) released its monetary policy on Friday, and Governor Maha Prasad Adhikari noted that the current fiscal year's provision of...

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...

Monetary policy 2021-22 is still a few days away

The Nepal Rastra Bank (NRB) has announced that its monetary policy statement will be postponed. The NRB is ready to unveil its monetary policy for the current fiscal year by examining the new government's priorities and projections. Governor of the...

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