COLOMBO, DECEMBER 10: Sri Lankan migrant workers have remitted 5.4 billion U.S. dollars in the first 11 months of 2023, the latest data released by the Central Bank of Sri Lanka (CBSL) has shown. The workers remitted 537.3 million dollars in November, up 40 per cent from 384.4 million dollars from the same month last […]
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Nepal Rastra Bank (NRB) has adjusted the bank rate and policy rate through its first-quarterly (mid-July to mid-October) review of the monetary policy of the current Fiscal Year 2023/24.
KATHMANDU, Sep 19: The Nepal Rastra Bank is going to promise a development bond of 9 Billion 640 million rupees on Tuesday. The Bank is going to promise a 6-year “Development Bond 2068 ‘Tha’” to be issued from September 21.
Interested Banks and Financial
KATHMANDU, July 28: Banks and financial institutions will now be allowed to provide loans at an interest rate lower than their base rate. The Central Bank has made such an arrangement by issuing a circular on Friday.
However, for such loans, the Nepal Government/Provincial Gover
Nepal Rastra Bank Governor Maha Prasad Adhikari. e cannot allow the rich to get richer in Nepal. One corporate borrower received refinancing of Rs1.27 billion straight from state coffers, while Nepalis slid into poverty. Small businesses also suffered, but their loans are not being rescheduled.” That was none other than Nepal Rastra Bank (NRB) Governor […]
KATHMANDU: The Central Bank, Nepal Rastra Bank (NRB), is issuing development bonds worth Rs 5 billion today, Monday. The development bond 2075 ‘F’ with a maturity period of 6 years is being issued by Public Debt Management Department, NRB, to accumulate internal loan for development works of the government. According to the NRB, interested Banks […]
KATHMANDU: CPN-UML Vice Chairman Bishnu Poudel has said that Finance Minister Janardan Sharma infringed upon the autonomy of Nepal Rastra Bank (NRB). Stating that NRB was an autonomous body, he accused the incumbent finance minister of viewing and treating it as a subordinate of the ministry. “The Central Bank was treated as if it was […]
Likewise, Nepal Credit and Commerce Bank remained second with the trading of 247 shares followed by Janata Bank with the trading of 154 shares. Prabhu Bank traded 142 shares, while NMB Bnak 140, Mega Bank 129 and Global IME Bank 102.
