5 banks cut interest rates

Kathmandu. Commercial banks are reducing interest rates. The interest rate on fixed deposits has decreased by[...]

Bad loans, poor governance and cyber security risks put banking sector under pressure

. The Bank Supervision Department of Nepal Rastra Bank (NRB) has released Bank Supervision{ Report 2024/25[...]

What is the exchange rate of foreign currency today?

Kathmandu. Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for today. According[...]

IME enters its 26th year: Promises to make remittance services a medium of socio-economic transformation through digital technology

Kathmandu. KATHMANDU: IME Bank, synonymous with Nepali remittance service, celebrated its 26th anniversary in Kathmandu on[...]

Bindra Hada Bhattarai Appointed Board of Directors of Global IME Bank

Kathmandu. KATHMANDU: Bindra Hada Bhattarai has been appointed as the board member of Global IME Bank. A[...]

More than half a dozen insurance companies without leadership, dozens of directors sued

Kathmandu. KATHMANDU: The Department of Money Laundering Investigation (PMLA) has filed cases at the Special Court[...]

Money laundering case filed against 39 people, including Deepak Bhatta, Shulabh Agrawal, Surendra Thapa and Shekhar Golchha

Kathmandu. The Office of the Special Government Attorney has filed a corruption case against 39 people,[...]

Nepal Rastra Bank (NRB) to attract Rs 100 billion deposit to manage bank’s liquidity

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has decided to exploit deposits of Rs 1 trillion to[...]

What is the exchange rate of foreign currency today?

Kathmandu. Nepal Rastra Bank (NRB) has fixed the exchange rate of foreign currency for today. According[...]

Case filed against 42 including former chairman of Insurance Authority of Nepal (IBA), industrialists and businessmen

Kathmandu. Cases have been filed against 42 persons including two former chairpersons of the Insurance Authority[...]

Finance Minister claims to amend NRB Act under pressure from IMF 

. Finance Minister Dr Swarnim Wagle has said that the Nepal Rastra Bank Act, 2058 is[...]

Case filed against businessmen Deepak Bhatta, Shahil and Shulav demanding 8 years imprisonment

 Kathmandu. The case has been filed at the Patan High Court demanding a fine of Rs[...]