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NRB gears up for the licensing era transforming Nepal’s banking sector

KATHMANDU: In a significant policy shift, Nepal is set to introduce mandatory licensing requirements for individuals seeking employment in the banking sector. While various professions, including doctors, engineers, lawyers, and teachers, have long required compulsory licenses, banks have traditionally hired employees based on internal regulations. However, a pivotal change...

NRB gears up for the licensing era transforming Nepal’s banking sector
Nepal Rastra Bank resumes internal remittance services after seven-month hiatus

Nepal Rastra Bank resumes internal remittance services after seven-month hiatus

Nepal’s subsidized loan programs face scrutiny as government unveils fresh approach

Nepal’s subsidized loan programs face scrutiny as government unveils fresh approach

Nepal’s BFIs increase investments in real estate loans

Nepal’s BFIs increase investments in real estate loans

NRB made adjustments to the cap on working capital loans intended for manufacturers

NRB made adjustments to the cap on working capital loans intended for manufacturers

Nepal’s central bank intensifies actions against risk categorization and loan loss provision

Nepal’s central bank intensifies actions against risk categorization and loan loss provision

NIA grants permission for right share issuance to eight insurers to boost paid-up capital

NIA grants permission for right share issuance to eight insurers to boost paid-up capital

BFIs lending to private sector slows amid economic challenges

BFIs lending to private sector slows amid economic challenges

Companies doing transaction less than Rs 10 million can now pay VAT on quarterly basis

Companies doing transaction less than Rs 10 million can now pay VAT on quarterly basis

Nepal faces Rs 585 billion annual shortfall for SDGs investment

Nepal faces Rs 585 billion annual shortfall for SDGs investment

Social Security Fund extends coverage to vulnerable informal workers in Nepal

Social Security Fund extends coverage to vulnerable informal workers in Nepal

Nepal’s IPO landscape transformed: cabinet approves modified securities rules

Nepal’s IPO landscape transformed: cabinet approves modified securities rules

USAID, GoN joint portfolio review strengthens partnership and collaboration

USAID, GoN joint portfolio review strengthens partnership and collaboration

NRB authorized to mint 150 Million Rs 5 coins by government decree

NRB authorized to mint 150 Million Rs 5 coins by government decree

NRB takes measures against three commercial banks for breaching regulatory protocols

NRB takes measures against three commercial banks for breaching regulatory protocols

NRB Adapts Flexible stance on imports, raises single transaction foreign currency limit to $60,000

NRB Adapts Flexible stance on imports, raises single transaction foreign currency limit to $60,000

Distributable profits dip amidst rising impairment charges for commercial banks

Distributable profits dip amidst rising impairment charges for commercial banks

Govt transfers Rs 41.39 bn from unused funds to cover budget shortfall

Govt transfers Rs 41.39 bn from unused funds to cover budget shortfall

Kathmandu protests over troubled cooperatives resolved through negotiations

Kathmandu protests over troubled cooperatives resolved through negotiations

Federal government initiates debt raising amidst fiscal challenges

Federal government initiates debt raising amidst fiscal challenges

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