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Govt to simplify KYC process, offering ease and efficiency for banking customers

KATHMANDU: The government is set to simplify and streamline the detailed Know Your Customer (KYC) requirements necessary for opening accounts at banks and financial institutions. The arrangement will allow banks and financial institutions to use the comprehensive information provided by Nepali citizens when registering for a National Identity Card....

Govt to simplify KYC process, offering ease and efficiency for banking customers
ADB says climate change could reduce GDP in developing Asia and the Pacific by 17pc by 2070

ADB says climate change could reduce GDP in developing Asia and the Pacific by 17pc by 2070

Global IME Bank honored with ‘Best Bank Award’ by Global Finance

Global IME Bank honored with ‘Best Bank Award’ by Global Finance

Global IME Bank Signs MOU with ICICI Bank Canada to ease banking for Nepali immigrants

Global IME Bank Signs MOU with ICICI Bank Canada to ease banking for Nepali immigrants

Commercial banks withhold dividend declarations, boost distributable profit amid regulatory benefits

Commercial banks withhold dividend declarations, boost distributable profit amid regulatory benefits

Institutional investors hold nearly one-third of total deposits in Nepal’s banking system

Institutional investors hold nearly one-third of total deposits in Nepal’s banking system

NRB launches green finance taxonomy to drive sustainable investments

NRB launches green finance taxonomy to drive sustainable investments

Banking system faces Rs 790 billion in excess liquidity as loan demand falters amid economic slowdown

Banking system faces Rs 790 billion in excess liquidity as loan demand falters amid economic slowdown

Commercial banks earn NPR 17.69 billion in early fiscal year gains

Commercial banks earn NPR 17.69 billion in early fiscal year gains

NRB releases report suggesting adoption of USSD-based payment system for financial inclusion

NRB releases report suggesting adoption of USSD-based payment system for financial inclusion

Banks reduce interest rates again amid excess liquidity; loan demand remains low

Banks reduce interest rates again amid excess liquidity; loan demand remains low

Nepal’s revenue growth stagnates in Q1 of fiscal year amid economic slowdown

Nepal’s revenue growth stagnates in Q1 of fiscal year amid economic slowdown

Nepal Rastra Bank revises policies amid Dashain, introduces new refinancing rules

Nepal Rastra Bank revises policies amid Dashain, introduces new refinancing rules

World Bank approves $150 mln to strengthen Nepal’s disaster response and resilience

World Bank approves $150 mln to strengthen Nepal’s disaster response and resilience

Nepal government forms high-level commission to address economic reforms

Nepal government forms high-level commission to address economic reforms

Global IME Bank and IME Group contribute Rs 50 mln to the Prime Minister’s Disaster Relief Fund

Global IME Bank and IME Group contribute Rs 50 mln to the Prime Minister’s Disaster Relief Fund

Broker companies to launch independent TMS for stock trading from today

Broker companies to launch independent TMS for stock trading from today

Political maneuvering intensifies as SEBON chairman selection process stalls

Political maneuvering intensifies as SEBON chairman selection process stalls

NRB issues stern warning to BFIs on money laundering: strict actions to follow

NRB issues stern warning to BFIs on money laundering: strict actions to follow

World Bank forecasts 5.1pc economic growth for Nepal in FY 2025

World Bank forecasts 5.1pc economic growth for Nepal in FY 2025

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Microsoft to invest $17.5 billion in India to boost AI and cloud infrastructure

Microsoft to invest $17.5 billion in India to boost AI and cloud infrastructure

Trump administration orders sweeping immigration review following national guard shooting incident

Trump administration orders sweeping immigration review following national guard shooting incident

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

China moves to ban influencers without degrees from commenting on finance, health, law and education

China moves to ban influencers without degrees from commenting on finance, health, law and education

Trump-Xi summit in South Korea yields major breakthrough on tariffs and trade framework

Trump-Xi summit in South Korea yields major breakthrough on tariffs and trade framework

Nepal targets 15,000 MW renewable power export by 2035, Minister Ghising calls for South Asian regional energy integration

Nepal targets 15,000 MW renewable power export by 2035, Minister Ghising calls for South Asian regional energy integration

Fusemachines on Nasdaq, Marking a major leap in Global AI Innovation

Fusemachines on Nasdaq, Marking a major leap in Global AI Innovation

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