Kathmandu : A huge amount of cash was transferred for education from Nepal in the first five months of current fiscal year.   In a Current Macroeconomic and Financial Situation of Nepal (Based on Five Months Data Ending Mid-December, 2024/25) released by the central bank, a total of Rs 47.71...

Kathmandu : The Nepal Rastra Bank (NRB) has unveiled a draft with new standards to manage savings and credit of cooperative organizations with the government issuing a new law relating to cooperative sector management through an ordinance.  In order to maintain transparency and balance in th...

Kathmandu : Private sector industry and business organizations, including the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), have said that the ordinances issued recently would enhance the investment and business climate in the country, and thanked the government for this....

Kathmandu : NMB Bank held its 29th Annual General Meeting (AGM) today (January 9, 2025) at Tribhuvan Army Officer's Club, Tudikhel, Kathmandu. The AGM was held under the chairmanship of Mr. Manoj Kumar Goyal. The Bank has earned Rs 2.24 billion net profit, collected more than Rs. 227 billion...

Kathmandu : Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has said that the government was preparing to introduce a legal mechanism for alternative development financing.  Minister Poudel said that a new bill is being prepared to explore new and alternative fiscal resources...

Kathmandu : Journalists have called for a robust welfare fund, progressive state policies, access to soft loans for media organizations, and regular capacity-building training to strengthen the media industry. Participating in a discussion organized today by the Communications Registrar'...

Kathmandu : Reliance Finance Limited, Kamaladi, Kathmandu one of the leading Finance institutions of Nepal has signed a sponsorship agreement with the Lumbini Lions Franchise for the upcoming Nepal Premier League 2024. Reliance Finance has partnered with Lumbini Lions as the official Finance Part...

Kathmandu : In a significant move to address the pressing issue of climate change and its impact on the financial sector, a seminar titled ‘Climate Risks andOpportunities in Nepal’s Banking Sector’ was held today by the Nepal Rastra Bank (NRB) andInternational Finance Cooperation (...