NRB governor reports strong financial indicators: deposits surge, interest rates drop, and economic growth expected to be 4-5%
KATHMANDU, Dec 8: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari has reported a 14.9 percent increase in deposits for banks and financial institutions in the current fiscal year.
KATHMANDU, May 12: Bankers have declined to reduce their interest rates for the next month despite Nepal Rastra Bank (NRB) making it mandatory for them to review the interest rates every month.
KATHMANDU, May 12: Bankers have declined to reduce their interest rates for the next month despite Nepal Rastra Bank (NRB) making it mandatory for them to review the interest rates every month.
KATHMANDU, April 11: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari said banks are free to fix their interest rates based on the market situation. His remark came at a time when the government and the private sector have been pressurizing the central bank to lower the interest rates.
KATHMANDU, April 11: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari said banks are free to fix their interest rates based on the market situation. His remark came at a time when the government and the private sector have been pressurizing the central bank to lower the interest rates.
KATHMANDU, Dec 2: While the private sector has warned of hitting the streets to exert pressure on Nepal Rastra Bank (NRB) to reduce the interest rates of banks, NRB Governor Maha Prasad Adhikari on Thursday made it clear that the central bank will not change its decision “just because of the protests by the market players”. The chief executive of the country’s central bank, however, expressed readiness to work with the private sector to fix the interest rates if they stand ready for that option.
KATHMANDU: Nepal Rastra Bank (NRB) has itself purchased self-issued treasury bills for the fourth time in order to tame interest rates. The bank self-purchased the treasury bills issued on Monday and worth around Rs 5 billion. The Central Bank made the purchase of 26-days treasury bills worth Rs 2 billion and 91-days treasury bills worth […]
With the liquidity crunch at banks and financial institutions, the Nepal Rastra Bank (NRB) on Sunday issued a fresh directive on interest rates.
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