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Standard Chartered, NCC Bank face NRB action on failure to maintain CRR & SLR

KATHMANDU: The Nepal Rastra Bank (NRB) has taken action against two commercial banks; Standard Chartered Bank and Nepal Credit and Commerce (NCC) Bank for not maintaining cash reserve (CRR) and statutory liquidity ratio (SLR). The central bank has fined Standard Chartered Bank and NCC based on off-site supervision conducted...

Standard Chartered, NCC Bank face NRB action on failure to maintain CRR & SLR
NRB removes limitations on cash dividend by banks and financial institutions

NRB removes limitations on cash dividend by banks and financial institutions

NRB revokes financial concessions announced during Covid-19 pandemic

NRB revokes financial concessions announced during Covid-19 pandemic

Himalayan Bank and BoK wins bank guarantee case in China, to get Rs 1.5 billion

Himalayan Bank and BoK wins bank guarantee case in China, to get Rs 1.5 billion

Prabhu Bank inks acquisition agreement with Century Commercial Bank in 1:1 swap ratio

Prabhu Bank inks acquisition agreement with Century Commercial Bank in 1:1 swap ratio

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook

Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook

Central bank issuing Rs 30 billion worth repo today

Central bank issuing Rs 30 billion worth repo today

Inflation will remain at 14% till next three months: NRB

Inflation will remain at 14% till next three months: NRB

Steep rise in short-term interest rates as inter-bank rate reaches 8.5 % & treasury bills rate 14 %

Steep rise in short-term interest rates as inter-bank rate reaches 8.5 % & treasury bills rate 14 %

Deposit in banks fall by Rs 64 billion in six days adding pressure to liquidity

Deposit in banks fall by Rs 64 billion in six days adding pressure to liquidity

CBFIN welcomes monitory policy for current fiscal year

CBFIN welcomes monitory policy for current fiscal year

Merger and acquisition facilities for financial institution extended till mid-January

Merger and acquisition facilities for financial institution extended till mid-January

Q4 financial report of 8 commercial banks: NIC Asia holds highest dividend distribution capacity

Q4 financial report of 8 commercial banks: NIC Asia holds highest dividend distribution capacity

Traders can now take up to Rs 120 million share mortgage loan from a single bank

Traders can now take up to Rs 120 million share mortgage loan from a single bank

Monetary Policy 2022-23: NRB raises CRR to 4%, inter bank rate to 8.5%

Monetary Policy 2022-23: NRB raises CRR to 4%, inter bank rate to 8.5%

Nepali rupee at all-time-low against US dollar

Nepali rupee at all-time-low against US dollar

Monetary Policy today, NRB expected to raise interest rate, CRR

Monetary Policy today, NRB expected to raise interest rate, CRR

Nepalis travelling abroad can now get exchange facility of US dollar 200 only

Nepalis travelling abroad can now get exchange facility of US dollar 200 only

CIT & EPF raises interest rate on both saving and credit effective from today

CIT & EPF raises interest rate on both saving and credit effective from today

Global IME Bank receives “Euromoney Award For Excellence- Nepal Best Bank 2022”

Global IME Bank receives “Euromoney Award For Excellence- Nepal Best Bank 2022”

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