KATHMANDU, Oct 1: The Nepal Rastra Bank (NRB) is set to issue a development bond worth Rs 13.10 billion today. The central bank is going to issue the eight-year 'Development Bond 2088-C' through a bid.
The bond can be purchased by banks and financial institutions,
The central bank of Nepal, Nepal Rastra Bank (NRB) authorised to regulate all banks and financial institutions of the country, has been found operating regulatory jobs without written directives.
The post NRB regulates banks without written directives these days appeared first on OnlineKhabar English News.
Nepal's central bank, Nepal Rastra Bank (NRB), has barred commercial banks from issuing letters of credit for the import of luxury items citing an impending crisis in the national economy.
The post NRB bars commercial banks from issuing loans for luxury imports appeared first on OnlineKhabar English News.
Nepal Rastra Bank (NRB) has directed commercial banks in the country to submit details of cash transactions of or above Rs 700,000.
The post NRB tells banks to submit details of cash transactions above Rs 700,000 appeared first on OnlineKhabar English News.
KATHMANDU: Nepal Rastra Bank (NRB) is issuing new banknotes from Monday in view of the upcoming Dashain festival.
The general public can exchange crispy notes from the central office and provincial offices of the NRB. Similarly, authorized banks and financial institutions in and out of the Kathmandu Valley will also distribute fresh notes ahead of the festive season.
The central bank is issuing fresh notes worth Rs 35 billion keeping in view of this year’s Dashain, Tihar and other festivals.
An individual can exchange an amount up to Rs 18,500 including banknotes of Rs 5, 10, 20, 50 and 100.
The central bank of the country, Nepal Rastra Bank, and 13 commercial banks say they have received hacking threats from unidentified sources on Wednesday. Yet, they have claimed their security systems are strong and the customers need not worry.
